The GNC is a group of proven eCash stakeholders who provide guidance for reinvestment in the eCash ecosystem. GNC membership is composed of individuals and corporations who are responsible for reviewing, providing feedback on, and having final say on the approval of each funding proposal.
What does the GNC fund?
Cryptocurrency projects have conventional budget items — things like engineering and server infrastructure.
Competitive crypto projects need unconventional budget items. This category includes any form of investment that benefits eCash.
This is where the GNC comes in.
How it Works
1. A funding proposal is created and emailed to gnc@e.cash (PDF preferred).
2. The GNC evaluates the proposal for ROI and practicality.
3. Once the GNC reaches a decision, the GNC informs the author of the proposal of the outcome and what the next steps are.
What makes a successful proposal?
Successful proposals generally share the following factors:
- A competent team in place with a functional product
- A clear high-impact purpose with a budget above $10,000 USD
- A budget with specifically allocated cost and schedule (e.g. 1 engineer at 15 hrs per week for 1 year at $x per hour on project Y)
- A track record of past success in similar ventures
Apply to join the GNC
The first step in the application process is to create an account and verify a non-zero balance of XEC by adding one or more signed addresses from within your profile. If you are not contacted and have additional questions, you can send an email to gnc@e.cash.
Submit a Funding Proposal
Send an email to gnc@e.cash with your funding proposal to submit it for review. Once the GNC has reviewed your proposal, you will receive an email indicating the GNC’s decision, feedback, and what the next steps are.