A recap of what has been going on with Aragon during Q3 2018.
As per our Transparency Model, we do quarterly Transparency Reports of our use of funds and about the overall progress of the project.
This is our main transparency tool. It shows our use of funds with human readable descriptions attached to each transaction.
These include expenses such as salaries, travel expenses and annual bonuses.
1186.66 ETH & 19,188.57 ANT, equivalent of €301,928.05.
Salaries total: €260,833.28
Expense Reimbursements total: €41,094.77
Total of 639.789 ETH, equivalent of ~€216,193.65.
These include business expenses, payments to accountants, lawyers and code auditors. Included are things like new laptops, office equipment, etc., to team members. These are essential for us to work effectively since we're fully distributed teams.
Other miscellaneous expenses: ~€42,184.81.
Total of 349.352 ETH, equivalent of ~€86,485.62.
We were proud sponsors and supporters of some awesome events in the Ethereum and crypto space.
AraCon – The first Aragon Conference - will take place in Berlin, Germany on January 29th-30th 2019.
The conference will bring together people who embody and wish to shape the Aragon community. Those who are building and supporting the pseudonymous, secure, trustless future — the decentralized web. Decentralized governance and DAOs are at the heart of the new Web 3.0. They are key components in moving towards a more fair and open world for everyone.
It will be the place for you to get a great understanding of Web3.0 and Aragon. You will discover the latest developments and glimpses of what's to come from our carefully planned program. Together with concrete lessons on how this technology is being built, the conference will provide you with a great overview of the decentralized web.
Aragon DAC: Total of 700.2 ETH, equivalent of ~€227,354.34.
The next step was announcing Flock, a way for new teams to apply for grants to work on the Aragon project. This same process will be used by the two existing Aragon teams as well.
Introducing the next step in decentralizing Aragon's development.
Flock, funding for Aragon teams.
Learn more about becoming an Aragon team beside @AragonOneTeam & the Aragon DAC by @Givethio.https://t.co/1aMpzc7v59
— Aragon (@AragonProject) October 29, 2018
The Aragon Nest grants program has been tremendously successful and over 10 teams have already been granted funding.
Find out more in the Nest GitHub repository.
Total of 1,326.88 ETH, equivalent of ~€405,696.21 was paid out to Nest teams.
The Nest program has been up and running for 7 months. It's mature enough to make a high level analysis of the program so far
This post shows a breakdown of the numbers, who & what gets funded, structure of the program and a glimpse into the future!https://t.co/R9V6bDOASK
— Aragon (@AragonProject) October 12, 2018
We donated a total of 37.66 ETH, equivalent of ~€6,015.62 out to two separate open source projects.
The recipients were:
You can find more details about the development progress in our Aragon Q3 Development Update blog post.
The developers of @AragonOneTeam and #AragonDAC have been hard at work again.
Read more about what we did during Q3 to have the best developer experience for anyone building #DApps and #DAOs!https://t.co/ejHhNTNACu
— Aragon (@AragonProject) November 14, 2018
Thanks to Alexa Weaver for helping with this post.