Telos Build — A Revised Telos Works 3.0 Proposal

Introduction

Current Problems

Telo Build Goals

  • Activate unused community funds to further development of Telos public works.
  • Provide an accountability framework for the execution of projects
  • Create a competitive process that discovers the market price for development work on the network
  • Recruit high caliber design/development teams growing the Telos network development community

Project Scope

Telos Build Roles

Administrator

  • Set the bonus rate for projects that meet milestone deadlines
  • Set the bond amounts required for submitting project ideas.
  • Assign / remove accounts assigned to Program Manager role

Program Manager

  • Curates and selects project ideas (to be altered in Phase 2)
  • Phase 2: Feature request that measures both popular and stake-weighted voting
  • Creates request for proposals in the Telos Build system
  • Sets bond amount required to submit proposals
  • Double checks quality of finalist proposals & awards community vote bonuses
  • Delivers winning proposals to Build Committee for awarding of the project to a final winner
  • Serves as a transparency agent for the network
  • Reports back to the community biweekly progress from video calls
  • Approves payments to project teams
  • Determines if deadline is met for Vesting Telos Bonus eligibility

Build Committee

Timeline

Funding Source

  • 450 hours @ $95/hour
  • Winning Project Bonuses
  • Project Funding
  • Vesting Telos Bonuses

Potential Telos Build Roadmap

Phase 2

Phase 3

Meetup

FAQ

Credit

--

--

--

A benevolent block producer crew based in Detroit, MI building value on blockchain networks. Planting new seeds of economic opportunity.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

I asked her to call me when things took a turn

Must have VS Code Extensions for Web Developers

Cycle Detection in LinkedList using Floyd Cycle Finding Algorithm

Browser Automation to query public base and automation of work

A Case of a Broken Netconsole

Creating multi user role based admin using PHP Mysql and bootstrap

Why all* programming languages and technologies make me angry 😡

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Detroit Ledger Technologies

Detroit Ledger Technologies

A benevolent block producer crew based in Detroit, MI building value on blockchain networks. Planting new seeds of economic opportunity.

More from Medium

Right-Click, Save Crypto Culture | Transition into The Age of Value

The month the Metaverse exploded!

Making sense of cryptos and NFTs

NFT News 5/20 by Noft Games