How does the committee handle funding projects by committee members in an open and ethical way?

Issue #28 resolved
ferment created an issue

I have no intention of using this committee for personal gain, but I am (as well as others) also some of the most capable people in the community for addressing the concerns of the committee (that's why we got voted in). For example, I run 100+ nodes on the network off of NXT raised in sponsorship drive.

What is the process of balancing committee membership, voting, and conflict of interest?

Comments (11)

  1. marcus03

    Previously proposed by chan3r:

    "No funds to be paid directly to committee members for committee work.

    For projects - members can apply/be part of an application but cannot vote on own project or a project they are part of, whether as investor or contributor."

    I'm with chan3r on that and see no problems funding you or other committee members as long as the above is followed.

  2. EvilDave

    Already posted this on Ferments funding request thread:

    Simply exclude an Inf-Com member with a conflict of interest from voting, use RJ (or another outsider, depending on the issue) in the event of a tie.

  3. marcus03

    +1

    Sounds like a descision. I'll close this issue in like 48 hours if no one else has a comment and document it in the wiki.

  4. ferment reporter

    As a matter of process, we can use the "Vote for this issue" and if it gets 4/5 or 3/5 (?) then publish to wiki, post link to page here, and close.

  5. ferment reporter

    @EvilDave @marcus03 @chanc3r @ChuckOne Please vote using "Vote for this issue" in the upper right menu. This will allow us to filter issues based on voting status.

    nxtinfrastructure___Committee___issues____4_-_Peerexplorer_—_Bitbucket.png

  6. marcus03

    Let first fix on what we vote. :-)

    • Simple majority used for voting: 3 out of 5.
    • No funds to be paid directly to committee members for committee work.
    • For projects - members can apply/be part of an application but cannot vote on own project or a project they are part of, whether as investor or contributor.
    • In the event of a tie, use rickyjames as a tie breaker.

    I've removed the "rj (or another outsider, depending on the issue)", since it opens pandoras box.. (puppets, etc.). I am conviced that we won't run into an issue with these rules.

  7. ferment reporter

    I like that we've defined a simple voting process in the processing of voting! Once we have this voted on, we document the process, document the result of this issue, and let the community know that we're a functioning committee. yeehaw.

  8. EvilDave

    I'm voting for the simple rules.

    Maybe I should have said "rj or another reputable outsider". There may be issues that come up that somebody else other than rj can make a better decision on, or that rj may not be available.

    But I don't expect that to happen very often, if ever, so I'm completely happy with the simple version.

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