Proposal “Dash_Watch_Fifth_Proposal_Feb_2019“ (Completed)Back
| Title: | Dash Watch Fifth Proposal Feb 2019 |
| Owner: | paragon |
| One-time payment: | 137 DASH (4141 USD) |
| Completed payments: | 1 totaling in 137 DASH (0 month remaining) |
| Payment start/end: | 2019-01-16 / 2019-02-15 (added on 2019-01-14) |
| Votes: | 751 Yes / 76 No / 2 Abstain |
Proposal description
Dash Watch is submitting a single-month proposal for the February 2019 cycle to continue providing verification, accountability, and reporting to Dash-funded proposals for the MNO community.
Dash Watch's Proposal December Report HERE
Monthly Report Documents:
July 2018 HERE
August 2018 HERE
September 2018 HERE
October 2018 HERE
November 2018 HERE
December 2018 HERE
Past Accomplishments:
350+ Dash Watch Reports, Community Concern Reports, Financial Reviews, Proposal Owner Interviews, proposal owner ID verification, dashwatch.org, dashwatchbeta.org
Dash Watch performed a comprehensive review of all funded proposals to identify common pain points that can be addressed in the pre-proposal phase and relayed that information for Nexus to utilize. A summary of these results can be found HERE.
Milestone verification has been added to all reports, allowing MNOs to easily see which milestones listed by the proposal owner have supporting documentation and are verified as being complete.
Recent Accomplishments:
In December, Dash Watch produced 32 reports for Dash-funded proposals and the reports received over 700 unique click-throughs.
Key Performance Indicators (KPIs) have been expanded and customized for proposal categories, and we have now collected four months of detailed category-specific KPI data that can be viewed in recent and upcoming monthly proposal reports.
The financial breakdowns provided in the Dash Watch reports have been increased to more accurately track the funding allocation throughout the entire life cycle of a proposal with funding that is rolled over being separated from funding that has not been clearly accounted for in the expenditure breakdown provided. The Dash price at proposal submission will also be included in January reports so MNOs can easily see the fiat amount requested, the fiat amount at payout, and the fiat amount at any potential conversions.
We have been conducting regular monthly financial reviews of community-requested and or randomly-chosen proposals to ensure the expenditure data provided is accurate and validated.
Ongoing Work:
The Dash Watch team is working with Dash Nexus to find ways to systematically address the issues that we have found in the pre-proposal phase analysis mentioned above HERE and has been assisting the Nexus team in continuing to refine the proposal creator aspects of the Dash Nexus Platform
In January, we have two video interviews with proposal owners from Dash Nexus and Dash Colombia and will aim to deliver two additional interviews in February.
George Donnelly, Coordinator Dash Colombia & Dash Latam Interview HERE
Budget
Our USD ask dropped significantly this month because we have rolled over just under $4000 from last month. This fact in addition to the fact that two team members have continued to forego salary and the rest have taken significant pay cuts to keep the project alive has allowed us to submit as small a Dash request as possible in order to leave room for as many other important proposals as possible at a critical time for Dash.
Three Person Reporting and Research Team: $10,000
Video Creation and Editing: $500
Data Verification and Data Entry: $800
Web Hosting and Reporting Software/Miscellaneous: $400
Subtract $4,000 from rolled over appreciated funds
Contingency 20%: $1,540 (this will be rolled over to future months if the Dash price remains stable or goes up) (we have to include a 20% buffer to ensure that the team member minimum compensation numbers are met to pay for their living expense obligations)
Total USD Budget Request: $9,240
$9240/70$/Dash = 132 Dash
+ 5 Dash Proposal Fee
= 137 Dash
We have always and will always roll over any extra Dash into future months. We have never and will never take on the benefits of appreciation or risk of depreciation in the price of Dash. This month we have rolled over approximately $4,000 dollars which are reflected in our February reduced funding request
Future Plans
Continue producing detailed monthly reports on active and ongoing proposals
Interactive data visualization for Dash Watch reports (January will have a beta-testing for MNO review on dashwatchbeta.org site)
Proposal owner video interviews focusing on the status of their proposal
Continue detailed verification reports for proposals that require additional attestations and due diligence work
Dash Watch reports posted on Dash Nexus when this feature becomes available
Financial reviews for active and ongoing proposals
Please feel free to contact us at team@dashwatch.org or on Discord as paragon, DashWatchTeam, MattDash, peytondw, or Dash-Al
Thanks for your support and we look forward to continuing to serve the masternodes and the community
Dash Watch's Proposal December Report HERE
Monthly Report Documents:
July 2018 HERE
August 2018 HERE
September 2018 HERE
October 2018 HERE
November 2018 HERE
December 2018 HERE
Past Accomplishments:
350+ Dash Watch Reports, Community Concern Reports, Financial Reviews, Proposal Owner Interviews, proposal owner ID verification, dashwatch.org, dashwatchbeta.org
Dash Watch performed a comprehensive review of all funded proposals to identify common pain points that can be addressed in the pre-proposal phase and relayed that information for Nexus to utilize. A summary of these results can be found HERE.
Milestone verification has been added to all reports, allowing MNOs to easily see which milestones listed by the proposal owner have supporting documentation and are verified as being complete.
Recent Accomplishments:
In December, Dash Watch produced 32 reports for Dash-funded proposals and the reports received over 700 unique click-throughs.
Key Performance Indicators (KPIs) have been expanded and customized for proposal categories, and we have now collected four months of detailed category-specific KPI data that can be viewed in recent and upcoming monthly proposal reports.
The financial breakdowns provided in the Dash Watch reports have been increased to more accurately track the funding allocation throughout the entire life cycle of a proposal with funding that is rolled over being separated from funding that has not been clearly accounted for in the expenditure breakdown provided. The Dash price at proposal submission will also be included in January reports so MNOs can easily see the fiat amount requested, the fiat amount at payout, and the fiat amount at any potential conversions.
We have been conducting regular monthly financial reviews of community-requested and or randomly-chosen proposals to ensure the expenditure data provided is accurate and validated.
Ongoing Work:
The Dash Watch team is working with Dash Nexus to find ways to systematically address the issues that we have found in the pre-proposal phase analysis mentioned above HERE and has been assisting the Nexus team in continuing to refine the proposal creator aspects of the Dash Nexus Platform
In January, we have two video interviews with proposal owners from Dash Nexus and Dash Colombia and will aim to deliver two additional interviews in February.
George Donnelly, Coordinator Dash Colombia & Dash Latam Interview HERE
Budget
Our USD ask dropped significantly this month because we have rolled over just under $4000 from last month. This fact in addition to the fact that two team members have continued to forego salary and the rest have taken significant pay cuts to keep the project alive has allowed us to submit as small a Dash request as possible in order to leave room for as many other important proposals as possible at a critical time for Dash.
Three Person Reporting and Research Team: $10,000
Video Creation and Editing: $500
Data Verification and Data Entry: $800
Web Hosting and Reporting Software/Miscellaneous: $400
Subtract $4,000 from rolled over appreciated funds
Contingency 20%: $1,540 (this will be rolled over to future months if the Dash price remains stable or goes up) (we have to include a 20% buffer to ensure that the team member minimum compensation numbers are met to pay for their living expense obligations)
Total USD Budget Request: $9,240
$9240/70$/Dash = 132 Dash
+ 5 Dash Proposal Fee
= 137 Dash
We have always and will always roll over any extra Dash into future months. We have never and will never take on the benefits of appreciation or risk of depreciation in the price of Dash. This month we have rolled over approximately $4,000 dollars which are reflected in our February reduced funding request
Future Plans
Continue producing detailed monthly reports on active and ongoing proposals
Interactive data visualization for Dash Watch reports (January will have a beta-testing for MNO review on dashwatchbeta.org site)
Proposal owner video interviews focusing on the status of their proposal
Continue detailed verification reports for proposals that require additional attestations and due diligence work
Dash Watch reports posted on Dash Nexus when this feature becomes available
Financial reviews for active and ongoing proposals
Please feel free to contact us at team@dashwatch.org or on Discord as paragon, DashWatchTeam, MattDash, peytondw, or Dash-Al
Thanks for your support and we look forward to continuing to serve the masternodes and the community
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Discussion: Should we fund this proposal?
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A). The only proposals that are still pending in the January 2019 report are Venezuela Merchant, Text and Help
B). The only project that had it’s finances audited were Venezuela Merchant
C). Some proposal owners were given a platform through your youtube page to speak to the community
Regardless of any actions taken by Dash Watch this month, nobody forced DMV to commit fraud. I want to try and separate this issue from the point I’m making, although it’s definitely the event that’s triggered the wider questions I’m asking here.
You do a very difficult job I think; when you didn’t have the Venezuela merchant report out you were getting lambasted from one side, now you’re getting criticised from the other. So the issue is consistency and without consistency we’re going to get acquisitions of bias flying around. I am all for doing vigorous audits of all proposal owner financials. I think what you did for DMV should be done across the board, but it shouldn’t be applied selectively.
The most efficient way to do this is put the responsibility directly on the proposal owner. Each proposal has a budget breakdown so each proposal owner should be expected, whether publicly or privately to Dash Watch, to provide evidence of the expense. Dash Watch can provide spreadsheet formats for this for example. Each proposal owner should have the choice available to them to use your youtube channel… and you get the idea. Correct me if this is already the case in your methodology.
Dash Merchant, Dash Text, and Dash Help proposal reports were not released because the DMV team requested additional time to provide us with their KPI and milestone updates, however in the end did not provide them by our release date.
“B). The only project that had it’s finances audited were Venezuela Merchant“
So far we have done financial reviews of Kuvacash (requested), EWallet.co.uk (random), Dash Brazil (random), Dash Embassy Thailand (random), Dash India Remittance (random underway for the last two weeks), Dash Venezuela by Eugenia (requested but not able to carried out due to a lack of response), and Dash Colombia (random) is about to begin.
“C). Some proposal owners were given a platform through your youtube page to speak to the community “
This is true and we have invited DMV to do an interview with us this month to ensure they receive fair representation.
I think it's very relevant. You're opening up Dash Watch to exploits. It should be set up such that requests can't be targeted on things as general as financial auditing. They have to be applied uniformly across all proposals and we shouldn't encourage a system whereby trolls can both attack and waste Dash Watch resources by making tailored requests.
Your suggested approach is going to leave tonnes of ambiguity and create further disputes because you're asking Dash Watch to "guess" what's significant to pursue and what's not based on unknown measurability criteria based off some information from a portion of the community. Dash Watch need a generalised solution if they're to insulate themselves as much as possible from been accused of bias. If Dash Watch are perceived as bias by a significant amount of the community that obviously defeats the purpose of Dash Watch's existence.
So to be clear, I'm fine if we alter the methodology of how and when DW is used if it will better the network. I am *not* fine with blaming them for doing their job in the way they have always done it, and that this in itself in no way constitutes bias or failure of any kind on their part.
I also think DashWatch should be allowed to provide a more detailed and thorough investigation when they either come across questionable information themself or are signaled by masternode owners that there may a case of questionable information that needs a more thorough investigation.
1).They did a great job investigating the DMV proposal
2). they should investigate questionable information provided (that information should be provided through the same format available to all POs)
3). but auditing financials is a broad task that should apply to all POs, not just DMV. By only auditing DMV PO they've opened themselves up to understandable acquisitions of bias (as is expressed in DeepBlue's comment over on the DMV proposal). This doesn't convey my opinion that DW are bias, rather I'm just pointing it out that this practise gives legitimate grounds to suspect it is bias because different POs got treated differently. The bias is removed from the system if all POs are held to the same standards.
Easy yes
More yes! Both Yuri's interview and George Donnelly's interview are gold mines of information.
solarguy
The interview is 17 questions in under 14 minutes covering topics including the current features available on Nexus, the impact of Dash depreciation on the proposal, is Nexus going to be made open source, and what will happen to the platform if the Nexus proposal does not receive additional treasury funding this month.
Dash Watch Team
We cover a wide range of topics and George provides his perspective on merchant adoption strategies, the current merchant transaction numbers, the challenges of Dash depreciation, economic self-sufficiency, Venezuela remittance plans, liquidity solutions and are meetups and conferences a cost-effective way to increase Dash adoption? http://bit.ly/GDInterviewDoc
Thank you
Voting Yes!