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 monthly. Emergo Management dropped their compensation from 800 FCT a month to 500 FCT a month.
The council has been fully operational during this time.
Previous Grants
Team Member or Entity Forum Username
User: WB
FCT address: FA2BBojkz5P5o9fqRKtAjmMHn8ir8uvirWbcor6sJ46K9z5kemhD
FCT: 1500
User: Anton Ilzheev
FCT address: FA2sfe9hJpgKwVuYcsx3dp653uE3a7ZesjWHVLqhHtqFfCWKxnLt
FCT: 1500
User: Julian Fletcher-Taylor
FCT address: FA23SavqZrF7Sp7TnsWVPnnxN7ebAkb7pDfbSRmXp3XEPPed9foE
FCT: 1500
Total FCT Requested
4500
Start Date
2021-08-01
Completion Date
2022-10-31
Project Description
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 three, that's a uniform 500 FCT per council member monthly.
Problem Statement
This grant compensates Factom Council members for work in the Factom Protocol.
Goals and Objectives
To protect the long-term interests of the Factom Protocol through oversight over operational activities.
Success Criteria
N/A
Timelines and Milestones
August 2021 to October 2021
Budget
500 FCT per month per council
Assumed Price Per FCT
$0
Competition
N/A
Additional Information
N/A
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 monthly. Emergo Management dropped their compensation from 800 FCT a month to 500 FCT a month.
The council has been fully operational during this time.
Previous Grants
Team Member or Entity Forum Username
User: WB
FCT address: FA2BBojkz5P5o9fqRKtAjmMHn8ir8uvirWbcor6sJ46K9z5kemhD
FCT: 1500
User: Anton Ilzheev
FCT address: FA2sfe9hJpgKwVuYcsx3dp653uE3a7ZesjWHVLqhHtqFfCWKxnLt
FCT: 1500
User: Julian Fletcher-Taylor
FCT address: FA23SavqZrF7Sp7TnsWVPnnxN7ebAkb7pDfbSRmXp3XEPPed9foE
FCT: 1500
Total FCT Requested
4500
Start Date
2021-08-01
Completion Date
2022-10-31
Project Description
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 three, that's a uniform 500 FCT per council member monthly.
Problem Statement
This grant compensates Factom Council members for work in the Factom Protocol.
Goals and Objectives
To protect the long-term interests of the Factom Protocol through oversight over operational activities.
Success Criteria
N/A
Timelines and Milestones
August 2021 to October 2021
Budget
500 FCT per month per council
Assumed Price Per FCT
$0
Competition
N/A
Additional Information
N/A