mariapao
commented
6 years ago Hi @MaxSemenchuk thank you for submitting your proposal. This approach to decentralized funding is something we would love to see built on Aragon. Thus, we have decided to approved your proposal.
The second part of the application is the request for funding. Here is a guide to submit such request. In this part of the application we review the PoC/whitepaper, roadmap, deliverables and team in detail. We also determine if the funds requested make sense and take the final decision on whether to move forward and fund the project. We look forward to reviewing the second part of the application :)
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Abstract
Apiary is a platform for emergent organization built on Aragon. Contributors stake tokens into organizations on the Apiary platform using a bonding curve. Funds held in the bonding curve's reserve pool are released over time into a discretionary pool that the Aragon DAO can use to reward contributors. Splitting funds into reserve and discretionary pools provides smart-contract enforced accountability between project contributors and patrons throughout the lifecycle of a project while simultaneously ensuring sufficient liquidity to support the emergence of a long-tail of micro-organizations.
More details:
Deliverables
Aragon app(s) deployed on the testnet and published to the APM, with the interface to the stakeholders
Grant size
Funding: Up to $100k in ETH, split into chunks paid out over achieved deliverables.
Success reward: Up to $50k in ANT, given out when all deliverables are ready.
Development timeline
The development timeline will be the following one in regards to each deliverable:
Development Approach
Agile & Scrum with 2 weeks sprints. Each sprint will finish with the publicly available demo or report. The releases would undergo some kind of security audit with an open bounty campaign in the end for the app on the testnet.