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  1. Anton Ilzheev

    Funded [WB-Anton Ilzheev-Julian Fletcher-Taylor-2] Council Compensation

    Executive Summary This is a backpay grant for the Factom Council, covering the period from August 2021 to October 2021. As per Doc 008, each council candidate proposes their own desired compensation during their election. For the current council, that's a uniform 500 FCT per council member...
  2. Anton Ilzheev

    Funded [De Facto-The Factoid Authority-1] Factom Open Node

    Executive Summary The final grant that covers Open Node maintenance from March, 1 until ACME hard fork. ANO / Committee Group: De Facto FCT address: FA3i67D1iejswC3ki4cYNnG1QSK1f1Ybo3XHtQoGs2LrqL472WxN FCT: 1000 Group: The Factoid Authority FCT address...
  3. Anton Ilzheev

    Funded [De Facto-1] WFCT–ACME Burn Portal

    Executive Summary We need to allow WFCT holders to burn WFCT and claim corresponding ACME amount from the WFCT Treasury. ANO / Committee Group: De Facto FCT address: FA3i67D1iejswC3ki4cYNnG1QSK1f1Ybo3XHtQoGs2LrqL472WxN FCT: 30000 Total FCT Requested 30000 Start Date 2022-02-22 Completion...
  4. Anton Ilzheev

    Process Discussion Factom to upgrade and change into Accumulate Network

    I misread the bot's message as "18 hours left", sorry.
  5. Anton Ilzheev

    Process Discussion Factom to upgrade and change into Accumulate Network

    1. I assume that initial 150M ACME will be under control of Accumulate development company’s — DeFi Devs — right? 2.This tokens will not be fully distributed among the community/contributors at the time of hard-fork, but rather will be kept (by DeFi devs?) and will be spent over time? 3. I...
  6. Anton Ilzheev

    Share FCT inflation with token holders via WFCT staking

    Each WFCT is backed by real FCT. https://wfct.network/audit If FCT shifts into Accumulate's ACME, each WFCT will be backed by the corresponding amount of ACME. We will need some kind of bridge or exchange to burn-WFCT-release-ACME. E.g. if qTrade supports FCT hard fork, they will list ACME...
  7. Anton Ilzheev

    Share FCT inflation with token holders via WFCT staking

    Currently funds are being accumulated into the grant pool and mostly are not used. In recent grant round (2021-2) there were no single grant proposal. Yes, we can change staking rewards allocation every 3 months — increase or reduce. Initial proposal of 10K FCT per pool per month should be...
  8. Anton Ilzheev

    Share FCT inflation with token holders via WFCT staking

    Hello everyone! As many of you know, Exchange Committee is working on FCT staking application. This major discussion is to determine how much FCT will be allocated as staking rewards. Please read carefully We developed a prototype of staking pools using Ethereum smart contracts and Web3 dApp...
  9. Anton Ilzheev

    [Open DLT SL] Anton Ilzheev

    Hey @Niels Klomp! Yes, I have plenty of experience in business management. Before blockchain development and Factom, I was leading my own web development company (from 2008 to 2014) with several employees and multiple clients around the world. I was in the board of two Russian online stores...
  10. Anton Ilzheev

    [Open DLT SL] Anton Ilzheev

    @Matthias Fortin firstly, thank you for kind words! You're right that my profile is quite technical. It's great to have technical background and understanding of how things and processes work, but I would also like to develop my skills in the business management field. The protocol is certainly...
  11. Anton Ilzheev

    [Open DLT SL] Anton Ilzheev

    Hello community, this is my application for General Seat Council position through my recently founded EU company. Background I have been working in business, web and blockchain development within past 15 years. Past 3 years, starting from February 2018 (6 months before elected as ANO), I have...
  12. Anton Ilzheev

    Anchoring requirements

    Factom needs a flexible means of anchoring to other blockchains. This should allow for Anchoring to be done by any of a set of Identities. Payments for Anchoring should be settled from the blockchain periodically. As a part of Anchor Rework grant we post the Anchoring Requirements document here...
  13. Anton Ilzheev

    [Sphereon BV] Niels Klomp

    I had convos with some developers in community, we discussed the idea of moving tokens on the protocol level (L1). L2 solutions is not really popular (even L2 of popular L1’s like Ethereum), and in our case Factom is not popular as L1 itself, so FAT as L2 is not popular at all. In my opinion...
  14. Anton Ilzheev

    [Sphereon BV] Niels Klomp

    So the 35% discount gap is not a discount to assumed FCT price used for calculation, but a discount to compensation amount itself?
  15. Anton Ilzheev

    [Sphereon BV] Niels Klomp

    Thank you for your application Niels. Correct me if I calculated wrong: 7,500 USD with 35% discount gap means using $0.65/FCT when real FCT price is $1 ($1.3/FCT when real FCT price $2, etc.). So it equals to approx. 7,500 / 0.65 = ~11,538 USD per month for part time work (you committed 1/2...
  16. Anton Ilzheev

    Council compensation ceiling

    Considering possible FCT price fluctuations (both up and down) I think 800 or 900 FCT are good numbers.
  17. Anton Ilzheev

    Council compensation ceiling

    I am fine with annual review to avoid extra bureaucracy.
  18. Anton Ilzheev

    Council compensation ceiling

    Following ratification of Doc 008, Section 3.3.4 states that: This is a minor discussion topic to do just that. Please use the discussion period to state your preferences on the following: 1. What is the ceiling for council member compensation per month? 2. How often should Standing Parties...
  19. Anton Ilzheev

    Amendment Batched Amendment - Strategy and Resource Director Proposal

    I think having the board and the director is a good approach for the protocol. My thoughts: 1. From my experience of participating in different workgroups, the board should not be too large, otherwise people are not actively participating. I would suggest 6 people board + 1 director 2. Board...
  20. Anton Ilzheev

    BlockVenture Q3 2020 Update

    I don’t really understand guys. You lowered efficiency 2 months ago for the single reason — to improve podcast, while nothing was done (otherwise you would notice that videos are not shown, if you opened youtube channel once). Were actually going to record podcast tomorrow with me, and ask me...
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