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How to make the auditing process of funded proposals
Efficient – to address concerns about reporting & auditing overhead
Distributed – to use the Cardano blockchain technology to innovate auditability
And Transparent – to deliver solutions which provide accountability & to allow open-source access
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The Challenge Brief addresses three main concerns :
When Fund7 happens we will be close to 300 funded proposals. It is extremely important that these proposals are evaluated/audited to see if they are delivering and if the Return on Intention is being in line with what has been established initially.
Currently, IOG is in charge of monitoring the development of these funded proposals, but when there are hundreds of funded proposals this will be an overwhelming work for IOG. So proposals that support a transfer of reporting from IOHK are a priority.
The Auditability challenge aims to ensure transparency in the use of Cardano's treasury resources, which will allow the Cardano community to have more information on the development of funded proposals through a checks and balances system.
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It's important that the funded proposals are evaluated to see if they are delivering what was established in their mission..
Several projects evaluating funded proposals, providing reports, articles and metrics on the development and implementation of the projects.
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https://cardano.ideascale.com/c/campaigns/26447/about
$200,000
https://quality-assurance-dao.gitbook.io/f8-improve-and-grow-auditability/
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