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Fund Development Through a Percentage of Block Rewards

Updated: Jul 20



Starting this week the Avian Network core team would like to extend their gratitude to the community for taking the time to read our Annual report.

This week’s post is an extension to that made 2 weeks ago. If you’re not aware, 2 weeks ago we posted an annual report, summarizing what we’ve developed over the last year and the obstacles that stand in our way from growth.


Here’s a link to that post if you’d like to have a read: https://medium.com/@AvianNetwork/avian-network-dual-algorithm-pow-nft-blockchain-progress-report-add8d005b10f


In that post, we included a poll with 5 options to let the community vote on the future of the network. The core team has been closely following and participating in the community discussions during the last 2 weeks. We have already begun making positive changes following the poll, and have another poll at the end of this post which could drastically speed up the development and progress of the network.



Next steps


With over 1000 reads and 200 votes on the poll, options 2a and 2b were the most favored. While we’ve fully begun enacting option 2a, we’ve adopted a middle ground with option 2b which will allow us to onboard more community members to contribute in different areas.



Core Team Restructure; Based on the notable support for option 2a, we have decided to part ways with certain core team members. One of the difficulties we’ve had over the past few months is the increased inactivity from certain core team members. This is due to personal IRL circumstances and alternative opportunities. Another point to note is that the Avian Network core team has never participated in a pre-mine or taken part in any developer allocation. That being said, no team member is offered compensation. We are fully self-funded, we’re traders and miners, just like the community. We have decided to slim down the core team from 18 members to 13. For privacy reasons, we will not disclose their names. While we work on cleaning up the internal structure of the leading team, we still have to address how to speed development up, more on that later.


New Core Team Hires; We’ve seen an influx of interest from the community and newcomers in our Discord to help with various aspects of the project. We tend to keep minimal requirements for the core team in terms of hour contributions. Core team members are required to not only be doxxed by the core team, be present on all calls and meetings but also commit a minimum of 20 hours a week, While these are low requirements, taking up a position in the core team may seem intimidating. Let alone the fact that most people don’t have 20 hours to contribute and would like to do soo on their time.


After reviewing over a dozen applications, only one of them has met our standard for a core team position. He will join as a marketing manager, assisting with blog content and social media management. While this doesn’t address our lack of specialized core team members or fill the spots that are now available, we address this later on.


As for the others, we’ve received applications from content creators, multi-lingual moderators, and marketing personnel. While they may not be willing to commit to core team responsibilities, we’ve found a middle ground between options 2a and 2b to allow them to contribute effortlessly.


Our Avian; For one we want to give all the other applicants a safe space to contribute, and secondly we want to make the process as autonomous and effortless as possible. This way smaller tasks can be attacked by the community while the core team focuses on the development, ecosystem strategy, and marketing.


Rather than create a new Discord server for this purpose, we’ve decided to create a new category on our main Discord server called Our Avian. The Our Avian category will contain multiple channels that will be moderated by its members.


a) There will be one channel for communication between the core team and all Our Avian members, here we will post ideas and objectives that members can work towards.


b) There will be one channel for each area of work, such as Marketing, Moderation, Development, and Content Creation.


c) Lastly a channel for all members, from every department to communicate and collaborate.


* all these channels will be visible to members of Our Avian to provide transparency and a view of the work being completed.


Our Avian has no strict requirements in terms of meeting attendance, hours, or identity. Only members who apply, and demonstrate the ability, interest, and willingness to come forth with ideas and contributions will be admitted to this private category.


This gives the more committed members a safe space to work and moderate the community, more importantly, it will be the core team’s priority to work within this channel before another. Meaning everyone admitted to Our Avian will have closer communications with the core team to help them succeed in their area.


All the channels should be up and running soon. To begin with, we will introduce 2 new multilingual moderators to engage and attract more foreign members. The first 2 moderators and foreign channels that will go live are Turkish and Chinese. We will also onboard 2 content creators that have already demonstrated ability through their contributions, making tutorials about the network. Lastly, we will bring on someone to specifically work on the website and content SEO. Members from Our Avian that demonstrate ability and are willing to meet the core team requirements can apply to be considered. This will be our new way of hiring new core team members, to be able to onboard the most committed people and avoid core team inactivity.



Community Suggestions


While we’ve addressed the core team structure, and community contributions structure, this still leaves out development speed. It may come as a surprise to many but almost a year into the journey, the network has been fully self-funded by the core team and various generous donors. Through intense discussion on the public Discord, one of the most popular opinions was to implement a developer fund block reward percentage. This would mean a percentage of block rewards would be automatically mined to a developer fund.

To begin, this would be game-changing since it would instantaneously give the team a stockpile of AVN to use for various functions. It could be used for liquidity, airdrops, and a project launch pad. But more importantly, it offers a budget that can be used to incentivize developers, and new core team members, and fund bug bounties.


For example; if a 5% developer block reward was implemented, the fund would receive


125 AVN /block


15,000 AVN /hour


360,000 AVN /day, or


131,400,000 AVN /year


*These numbers are based on the current emissions rate which will be impacted by halvings.


The core team has closely considered the suggestion and is in agreeance. Attached below is a poll link to gauge if the overall community is supportive, if it passes, we will make a detailed post with calculations, rate options, and considerations to reach an optimal decision.


Make your voice heard, vote your preference on a developer fund block reward percentage: https://strawpoll.com/polls/e7ZJOod0dy3



Conclusion


We’ve made our decision to implement option 2a, find a middle ground with option 2b, and continue considering the communities suggestions. We look forward to reviewing more applications with any interest and ideas to join and contribute through Our Avian. We continue to address the lack of developers for speedy growth, and also await your application in this area. We hope the poll reaches a positive outcome which will help us incentivize more developers to contribute.


If you would like to apply, join the conversations or stay up to date with the development, join us on our main Avian Network Discord server: https://discord.com/invite/xZd8xwVhVS

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