Decentralization is a key part of Incognito’s future, and community builders are a key part of decentralization.
In the first Builder Rewards program, many of you took charge of your own projects and fleshed out the Incognito privacy ecosystem. Now, that program has evolved to take the project even further.
Builder Rewards program v.2 is designed to achieve new goals:
- Product diversification: to have a variety of useful products built on the Incognito chain.
- User satisfaction: to help serve more Incognito users with relevant products they need and want.
- Decentralized governance: to open fund distribution decision-making to community members.
- Community expansion: to bring new communities to Incognito via exposure to builder products.
1. Wish list
First, a wish list will be published by the core team that describes products we’d love for community builders to build. All relevant parameters and expectations will be detailed in the list, such as: product type, specifications, uses, fund distribution timeline, etc.
2. Builder proposal
From the public wish list, builders can make decisions to take on any product that they are interested in and can deliver on.
Builders will then create a proposal indicating their plan, timeline, and deliverables, and will present their proposal in the Builders/Community category. By doing this, builders will be able to get helpful feedback from the community (who will be their future users), and make the process transparent.
What to include in the proposal
- What is the product?
- Why are you building this product?
- What problems does this product solve?
- What are the deliverables and expected outcomes?
- What does your timeline look like?
Note: Builders are welcome to propose their own products not on the wish list published by the core team. Ideas will be examined and accepted by the committee (see below ) if they meet a need with high enough demand and with a great enough use case. Keep in mind that serving a real demand or need in the community (usability) is the ultimate standard by which projects will be measured.
3. Quality inspection
Once a milestone has been met, committee members will conduct quality inspections on builder projects to ensure that promised features are being delivered well, and that the ship dates are on track to being met. Usability testing will be one of the most important items included in the inspection criteria.
After the quality inspection, committee members will vote internally to decide whether the project with the relevant milestone is eligible to be funded.
Committee members will also give feedback to the project’s owner so that they can maximize their productivity and direction.
The Builder Rewards v.2 fund is a milestone-based system, in which funds are released when predetermined milestones are met. While deadlines are an important way to keep the project on track, quality is far more important than speed.
The committee has 5 members, and a project is funded if it gets at least ⅗ vote from the committee that it has met its milestones and quality expectations.
In Builder Rewards v.2, the committee will consist of representatives from both the core team and community.
Core team representatives:
An open election will be organized for all community members. During this election, anyone can nominate people they believe are reliable and can give objective judgements on builder projects.
The two candidates who get the most votes will become the 4th and 5th members of the committee.
Note: Builders who are building products are not eligible for nomination, and committee members can not start projects of their own that are eligible for funding.
Transparency: All projects applying for Builder Rewards v.2 must be open source.
Ownership: Builders take full ownership of their projects which is understood as: building products, finding and fixing bugs, and finding/supporting users
Subject to change: We’re always looking for better ways to empower builders. If we come up with new ideas or circumstances change, the Builder Rewards program is subject to change, too.
Make Incognito yours
By building a privacy product, you’re taking the Incognito project into your own hands, building privacy how you want it. The bar has been raised considerably for Builder Rewards v.2, because Incognito deserves the best, and we believe our builders can do this.
If you’re ready to build privacy, start brainstorming products you want to see, ask the community what they want and need, and keep an eye out for the wish list!