I can't approve this coz it's the opinion of one single member of the community.
James
Sure
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Proposal for Unclaimed NXT
I suggest we put up a slate of 7 trusted members that the thread discussing this will recommend. Then we put it up for an up or down vote.
If approved, the unclaimed NXT are divided among the trusted 7. They will be obligated to disburse funds that are approved by a marketing committee (3 Million NXT) and a tech committee (5 Million NXT) and an infrastructure committee (1 Million Nxt).
The election to the marketing, tech and infrastructure committees are independent from the decentralization of the unclaimed NXT. This means we can independently figure out who is on the three different committees and as soon as one group is formed, projects can be funded.
The community has already decided on 250,000 NXT per month for Marketing, so the marketing committee task is to figure out how best to allocate that budget.
tech and infrastructure committees have not formed yet, but we don't need to figure out all the details for getting the trusted 7 members in place.
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NXT community, we finally have a way to unleash the unclaimed NXT. I have made a proposal based on my understanding of past discussions, consensus, etc. The most important aspect is the separation of advisory committees and spending ability. This is to prevent conflict of interest or even appearance of conflict of interest.
If it turns out 1 Million NXT is not enough for the 1000TPS hub infrastructure, then I certainly would recommend adjusting the tech/infrastructure ratio.
ANY other issues with my proposal? We are not deciding on the actual trusted members, nor any of the advisory committee members. This is to determine the process.
James
Good Idea. Would be supportive here.