Process for Community Grants

The communityDAO is responsible for managing the approval and distribution of grants.

The current process is as follows:

  • An applicant fills in a grant form (coming soon!) detailing the request

  • For grants above US$500, the request must come with the value it brings, an execution plan, timeline, deliverables, budget and background about the requestor

  • For grants above US$5000, the grant would also need to be socialised via the monthly community call and then routed to Discor​​d where community members can vote

  • A communityDAO reviews requests bi-monthly and approves by majority vote

  • Once approved, the grantee is appointed a coordinator to liaise with on the specifics of the grant

  • Once completed to specification, agreed rewards may then be disbursed

This process may be improved upon by any member of the community.