During several recent committee meetings, our community has intentionally discussed the opportunity for Secret Network to collectively organize a continuous hackathon with occasional “demo day” events. This project, called Secret Hackathon, started as a planning document based on the official Secret Network Awareness Campaign (SNAC) structure and process (view template here).
I hope you will review the above document, ask questions, and make comments on how to improve it. Everything about this plan is flexible, so I’m looking forward to the discussion.
Potential Community-Spend Proposal: ~50,000 SCRT
I’m bringing my perspective to the forum in order to help our community decide the best way to fund prizes and other necessary expenses. Although I understand SCRT volatility complicates the valuation of this proposal and the Secret Foundation treasury is growing, the governance committee decided that we should begin rewarding quality hackathon participation sooner rather than later.
That is why I’m creating this forum topic regarding a potential request for 50,000 SCRT from the community pool. After gathering more feedback, there might be an on-chain community-spend proposal. This would make it easier to set a budget for prizes immediately, and I believe it could make this project more of a group effort. Plus, I’m sure committees will play an important role in the overall experience
Aside from deciding the amount, source, and purpose of funding, we have to figure out the best timing for the demo days. This might evolve into a full-fledged “Secret Summit" or whatever you want to call it.
Total Prizes: 50,000 SCRT
We also need to allocate funds to prizes with strategic goals. A few ideas are being considered. Please don’t hesitate to share any thoughts in this document:
The breakdown of prizes has not been decided. If the community supports this proposal, then we can discuss our strategic plan with a more specific budget. It will depend on the number of demo days in scope for this proposal. I suggest 2 or 3 big events in the next year.
The plan is to gather feedback on this off-chain proposal, then create a full hackathon structure and processes based on the strategies we discuss collectively. My intention is to support all kinds of contributors; however, the focus will be on rewarding secret contract developers and (eventually) secret app users! Your mission, should you choose to accept it, is to hack