[DIS] Spore Studio: CKB Ecosystem Digital Art Platform Development and Deployment

[JackyLHH]

Hi @SiTa , I wanted to flag a potential issue with the proposal for “50% paid at grant commencement due to advanced development stage”. Under current Rules, initial funding is capped at 20% of the budget (maximum $10,000):

@JackyLHH

Implementation of Staged Payments for Budgets Exceeding $10,000

• Proposals with budgets exceeding $10,000 will be divided into multiple stages or timeframes for payment disbursement.
• The initial funding will be limited to 20% of the budget, with a maximum cap of $10,000.
• Subsequent payments will be determined based on specific milestones or goals. Proposals should clearly outline the estimated timeline, costs, and deliverables for each stage, with evaluations and confirmations conducted at the end of each stage.
• Upon receiving funding, proposers must regularly update the community on project progress and submit necessary progress reports at the end of each payment stage. Reports should include information on project milestones, goal achievement, and fund utilization, allowing the community to review and confirm the necessity of subsequent payments.

The DAO Funds Management Committee may have a final judgment on this, but I am no longer a member of the Committee. I’m raising this primarily to alert you to possible approval delays or adjustment needs during payment processing.

Love & Peace