Welcome!

Trust Protector Election voting closes in 90 minutes https://dashwatchbeta.org/elections?tab=howTo

We appreciate the continued support Deepblue, qwizzie, quantumexplorer, Arthyron, Aezel, solarguy, and Mr Hack. Don't ever hesitate to let us know if there's anything you'd like to see added to or changed in our service.

Keep up the great work! Definitely a service we REALLY need in these turbulent times

Dash Watch March 26th 2019 Report on
Dash Watch Seventh Proposal April 2019 by paragon
https://dashwatchbeta.org/r/MAR19/dash-watch-sixth-proposal-march-2019

DashWatch has repeatedly stepped up to do the hard work of investigating if the Dash community is getting their money's worth, and confirming if Proposal Owners are doing what they say they will do. DashWatch is a critical tool for Dash to continue to be taken seriously. Without accountability, things can only run worse.
solarguy

And don't forget their work for the Elections. I don't fully agree that it should be within the scope of their proposal, but it is important that some does it. https://dashwatchbeta.org/elections

You guys have my votes, keep up the good work.

Hi MNOs,
The Trust Protector Candidate profiles and all the information about voting can be found right here with the election closing on 3/31/2019: https://dashwatchbeta.org/elections

You have my support, good luck.

I was a DashWatch supporter ever since I heard about the idea.

And in a way, I still am. But I think the treasury situation has changed a bit.

When DashWatch first launched, there wasn't much competition for treasury funds. In fact, we had way, way more money than we knew what to do with, and were handing it out right and left, in some respect.

In that time, DashWatch was valuable because they showed us (albeit after the fact) that some poor decisions had been made.

But now that there is so much competition for treasury funds, only teams which prove their worth have a chance of continuing to get proposals passed. Making DashWatch's function less important.

Going forward, I'd rather support an entity that was somehow able to do due diligence BEFORE investments are made, rather than auditing after the money is irrecoverable. I sense that Dash Ventures (or similar legal entities) will fill that role nicely, bringing an end to the need for DashWatch.

Thanks for the good work in the past.

There have been several efforts for proposals and teams that perform this feature and I have even attempted to help get several of them off the ground, but none of them have received funding or moved beyond the brainstorming stage. That being said, I support the compartmentalization of such a team and Dash Watch. I think it's essential that Dash Watch keeps doing the work they do, and that it remain separate and distinct from other more editorial services.

Hi Callalilly,
Thank you for your comment and perspective on where you see the treasury system going.
It is certainly true that when Dash treasury budget was worth a higher fiat amount that more proposals were funded that did not deliver the anticipated value that the MNO community hoped and the number of projects funded each month was significantly higher. However, we would like to point out that during a competitive budget cycle, it is possible that Dash Watch reporting becomes even more important as a tool not only to help MNOs decide to continue supporting or not proposals that deliver a satisfactory return but also to select those that deliver the very best key performance indicator metrics, verified milestones, and transparent accounting.

Dash Watch reports and video interviews allow MNOs to continually evaluate the impact of funded proposals on a monthly basis to ensure that constrained treasury funds are allocated as efficiently as possible. Accountability is an area Dash Watch continues to develop, with verified milestones and financial reviews already implemented and KPI verification the natural next step in this accountability progression. A competitive budget has many positive implications but it also increases the pressure on proposals to deliver significant results which can incentivize proposal teams to overpromise or misrepresent information and having a trusted entity like Dash Watch to audit and review proposals could be considered by many to fill an important and valuable role in the Dash ecosystem.

Regarding a due diligence focused entity, you are certainly not alone in a desire to more carefully evaluate proposals before funding is allocated. Dash Watch has spent time considering how a due diligence process could be established and developed this outline. https://docs.google.com/document/d/1cb-ZhyJr5sATNxtreiQfievQ18cqbOSArl8yrRZuBvg/edit?usp=sharing

Based on MNO feedback felt that due diligence and proposal reporting would centralize too much power and influence under the DW umbrella and we decided not to move forward with it. Several other teams have submitted due diligence based proposals to the network and have not been funded.

https://www.dashcentral.org/p/PilotForProfessionalProposalEvaluations

https://www.dashcentral.org/p/CryptalResearch-all-you-need-to-decide

Whether Dash Ventures will fill that role remains to be seen and if it is able to provide high-quality due-diligence work for MNOs to consider that would undoubtedly be of benefit to the network. Whether a robust due diligence entity will eliminate the need for Dash Watch remains to be seen but in the interim we have aimed to continuously expand our value proposition by adding additional areas of scope to the network such as the detailed video interviews with proposal owners https://www.youtube.com/channel/UCfWWHvfsdvmIISr6ZSit4-Q, Data visualization and comparative KPIs https://dashwatchbeta.org/labs, Trust Protector candidate verification and candidate profiles https://dashwatchbeta.org/elections, detailed financial reviews and attestations to ensure proposal teams are remaining accountable to the Dash network, the comprehensive review of all funded proposals to identify pain points in the concept phase https://imgur.com/a/HXNObxW etc.

Thanks for pointing out to us how you feel we may be falling short, and we hope to regain your support in the future.
Dash Watch Team

Voting Yes. I've learned a lot about the DW service recently. What I've learned is that the DW team are professional, impartial and in my opinion an essential asset for the effective running of the DASH treasury system. From the calls I've had with them I've learned they are passionate about giving the very best service they can to the DASH network.

I would encourage all proposal owners to proactively work with DW from the start of your proposal and actively reach out to them because this can help you to prepare the information you need to create good DW report with all the information they need. This is essential if you what to get future funding. DW have also created some video guidelines on how to prepare for the DW report and it is worth reviewing these before a proposal owners starts their project. It is better for proposal owners to know up front what data you need to collect before you start your projects and I feel the best way to know this is to quickly touch based with DW at the very start of your proposal. It can save a lot of problems further down the line and make everyone's life easier.

We really appreciate the kind words and support DeepBlue

@paragon
If the budget figures reported by Dashcentral are correct, and assuming the Core proposals will probably pass,
there are only 147 Dash left in this cycle for all the other proposals combined.

2319 Dash (already allocated) + 3710 Dash (the two Core proposals) + 147 Dash available = 6176 Dash total budget
So why waste 5 Dash for submitting? It hardly makes sense.

Unfortunately, with a tight budget it is fairly commonplace for passing proposals to be defunded so we don't make the assumption that all passing or previously-funded proposals will be funded in the next cycle. If we based our ask on the available Dash in the budget and not what we needed to sustain our operation we would likely have already had to shut down

Robby, you may not have noticed the beauty of the treasury system, which is that currently passing multi-month proposals CAN and SHOULD be voted down at any time if more valuable proposals come up.

Everyone competes for funding every month. Every. Month.

If we assume that some proposals must pass automatically, what kind of financial future are we setting up for ourselves? What kind of business logic are we using?

Isn't DashWatch allowed to compete for funds just like everybody else?
solarguy