Telos Build — A Revised Telos Works 3.0 Proposal

Introduction

Recently, a working group of BPs and community members developed the concept for a Request For Proposal (RFP) platform that could serve as a complementary platform that utilizes funds from the WPS account. The WPS funds are earmarked for network members to request funds for projects that benefit the network.

Current Problems

Over the years, the Telos Worker Proposal system has evolved into Telos Works, which uses the Decide governance engine to power stake-weighted voting of each project. Telos Works

Telo Build Goals

The goals of Telos Build are to improve the efficiency of community funds by creating a community driven bounty system that protects those funds by creating an accountability system.

  • 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

Development of Telos Build is approximately 75% of the way complete. Detroit Ledger Technologies (EOS DETROIT) is targeting the first half of April for project completion.

Telos Build Roles

Administrator

The account assigned to the administrator role of Telos Build is able to change the configuration of a small subset of features and set the accounts assigned to the Program Manager role. The administrator does not make project level decisions such as whether or not to award payment or performance bonuses to project teams.

  • 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

The Program Manager is a role at the TCD that:

  • 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

The Build Committee is a selection board of 5 team members that will review the winning proposals from each community voting round to determine the overall winner. The Build Committee will be composed of members from the TF and TCD. The Build Committee will also serve as the dispute resolution panel to determine if a Program Manager has abused their position until Telos has a functioning arbitration process.

Timeline

Creating a project — 2 weeks (COMPLETE)

Funding Source

The Telos Build Project will seek funding from the existing Telos Works to test out the effectiveness of the RFP process. The breakdown of the budget in USD is as follows.

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

Potential Telos Build Roadmap

Phase 2

On-chain feature request voting

Phase 3

Multiple Funding Sources

Meetup

Detroit Ledger Technologies (EOS DETROIT) plans to host a Telos focused meetup in its office March 30th, 2022 to demo the new Telos Build system to Detroit’s local developer & blockchain community to encourage firms and freelancers to participate in Telos Build and join our community. This meetup presentation will be livestreamed on youtube for the greater Telos community to view and participate in asking questions.

FAQ

Is Telos Build meant to replace Telos Works?

Credit

The Telos Build concept was developed with the help of the following contributors: Detroit Ledger Technologies (EOS DETROIT), Richard Downing (Telos Clear BP), Justin Giudici (Telos Foundation), Chris Barnes (Telos Foundation).

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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.