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nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f and nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx need to be 100% transparent with the public about the terms of their grants and the process of selection and approval. If there is anything unknown about it, it needs to be known and made public. And if there are any closed door back room decisions being made that aren't disclosed, then anyone donating them ought to stop.

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Discussion

Seth 1y ago

They have a good process by having a board of directors, which distributes the decisions more, but then it comes to the question of who is watching the board to ensure transparency and value distribution is not just collaboration 🤔

corndalorian 1y ago

Anyone receiving grants ought to be allowed to fully disclose the full text and terms of any contracts or other agreements with no repercussions. The relationships between OpenSats and Ten31 and all members of both organizations, and the companies and projects they invest in and give grants to, ought to be made fully public and transparent. On the surface this reeks of fiat world bullshit and if that's not the case then they need to take great care to ensure that level of transparency exists.

Alex 1y ago

https://opensats.org/transparency

Alex 1y ago

https://ten31.vc/home#portfolio

Seth 1y ago

The layer behind the board is the donors. Incentives always drive behavior.

CypherCitizen 1y ago

Better yet, set up a transparent organization that operates perfectly. You got this Corn, how hard could it be?

corndalorian 1y ago

So there is no room for raising valid concerns and criticisms? The only solution to any issue ever is to simply go build your own? Idiot.

𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) 1y ago

lol

That’s not how the world works

corndalorian 1y ago

Aim and push for a better world.

AncapAnon - Activate OP_GFY now! 1y ago

You are over your skis. Maybe some developers feel constrained because one of nine OpenSats members is also a partner in a VC fund that invests in competitors to OpenSats grantees. That doesn’t mean that there is a secret agreement imposed. If you don’t like how OpenSats is allocating grants, then donate directly. If you are a developer and feel uncomfortable, raise donations directly from your users. No need for drama.

corndalorian 1y ago

AncapAnon - Activate OP_GFY now! 1y ago

Too funny! Now I know you’re serious and not just engagement trolling.