An update from Tezos Foundation President Ryan Jesperson

June 20, 2019

The Foundation has heard the community’s requests for greater communication and transparency, and we are working to make this a reality. Most immediately, we want to outline a few specific things in the works: First, we’re working to improve how quickly we can respond to your questions and comments, and how frequently we publish updates […]

The Foundation has heard the community’s requests for greater communication and transparency, and we are working to make this a reality. Most immediately, we want to outline a few specific things in the works:

First, we’re working to improve how quickly we can respond to your questions and comments, and how frequently we publish updates about our grantees, finances, and internal operations. We know there are thriving Tezos communities online, and we’ve brought on additional resources to help the Foundation be more responsive. With the latest cohort of grantees, we have new plans in place to better empower them to share more information about their projects and development status with the wider community.

As part of our commitment to transparency, we are in the process of compiling the Foundation’s first bi-annual report, which we’ll publish in July. This report will be a detailed, comprehensive, and clear description of how the Foundation is allocating and using its funds and provide updates on projects in the pipeline, personnel, processes and general Foundation updates.

But we don’t plan to stop there. In addition to our new bi-annual update, beginning in the next few weeks, we’ll be providing a weekly update on our blog to keep the community informed and we’ll ramp up our presence on social media and Blockfolio Signal, to reach as much of the community as possible.

In terms of grants, the Foundation will continue to award grants more efficiently by streamlining our intake and review processes. We are in the process of redesigning the grant submission form to make it easier for teams to understand what the Foundation and the Technical Advisory Committee is looking for in the projects we fund. We will also publish more details about the grantmaking timeline next week which should add more clarity. We hope this additional information will help potential grantees know what to expect, speed up our processes and ultimately and most importantly, help introduce more amazing projects into the Tezos ecosystem.

Thank you to everyone who has supported the Tezos project, and for those who contributed to the Foundation’s fundraiser, make sure you read our recent announcement to learn how to claim a Ledger Nano S.