X-Cash Foundation, contributions, the builders’ program and so much more
In the past few months, we have been working intensively on the various projects we have for 2020.
Today, we want to tell you more about some big changes to the X-Cash project.
Since 2019, we have had a growing number of individual contributors and an increasing number of requests to help us working on this project. To address these requests which are extremely valuable for us, we have prepared a comprehensive open-source framework for contributors.
The framework includes general guidelines about contribution, templates to submit requests and guidance for the retribution in X-Cash.
🚀 X-Cash Foundation To provide more efficient governance and add another layer of transparency, we have decided to create a non-profit organization called The X-Cash Foundation.
This foundation will have three key roles within the X-Cash project:
◾ Definition of the long term vision & roadmap for X-Cash
◾ Management of the segregated community funds and their allocation
◾ Governance of the project & Builders’ Program
In the sections below, we are going to detail the structure we have set up and how contributions will have to be made from now on. The fundamental goal of this structure is to allow us more efficient management of the projects while making sure we are very consistent in terms of retribution.
🔨 Builders’ Program TL;DR: Funded community-driven projects to develop the X-Cash ecosystem. And a new mobile wallet.
To its core, X-Cash has always been an open-source project. People who came forward to propose their help and participate in the project in the hope to make it better make a good part of the team. However, since the beginning, X-Network has been the sole maintainer of the code and different programs relating to X-Cash. We have brought you the GUI wallet, the X-Bank, X-Payment, FlexPrivacy, etc… and soon we will be the first privacy coin operating with a custom DPOS consensus.
We have established the base of the vision for the X-Cash project. Today, we believe that we arrived at a point where we can open the gates and bring people to help us carry this vision.
So, what’s the builder’s program? The builder’s program will enable people to participate, develop, and promote the X-Cash Foundation through the funding of community-driven projects.
We call🔨 Builders the people that propose or undertake the community-driven projects
In practical terms, we will create a centralized hub for the community to create and propose projects, ask for funding, and make their case to bring the project to light.
The founding team will also propose projects to the community, where anyone will be able to apply and propose their skills to complete the project.
These projects will be large endeavors and could span several weeks depending on the complexity, and the funding of the project will reflect the amount of work needed. In practice, the Foundation will establish project milestones with the Builder to split the payments and ensure the sustainability of the project and builder.
🚧 This is still a work in progress, and we will describe the program in its own article really soon, but in short:
The projects can fall in three categories (Development 👩💻, Marketing💡or Others 🎁) A Builder proposing a project would have to fill thoroughly a form for the team to consider. Notably, a description, budget, background, milestones, cost-benefit analysis, etc… The projects should always be related to the X-Cash Foundation and the promotion of its ecosystem. We are thinking notably of Ledger Integration, iOS Wallet, JS Libraries etc… We will integrate a way for the community to vote for projects that would like to see first. The first project In the background, we have run off a first iteration of the program with a willing member of the community. That is why today we are glad to introduce SnakewayPasser who built on his own a fully functioning Android wallet for X-Cash.
🙏 Conclusion Thanks to the builders’ program, we believe that the X-Cash ecosystem will grow tenfolds. This comprehensive framework will help us easily on-board skilled people to the project and ensure the continuous development of X-Cash.