@yutazzz
Hi Yuta-san,
I'm glad to see you're open to the idea that Cardano needs to fund business initiatives just as much as infrastructure and technology. What's the point of high-quality roads if nobody drives on them?
We don't have much time, so this will probably be my final appeal to you, and I want to say I've genuinely enjoyed the debate on Hydra.
We are one day away from deciding whether an ecosystem with 350M ADA to spend will choose to value the entrepreneurs and developers who (i) quit their jobs to build products and companies with Cardano as their backbone, (ii) have stayed despite below-market salaries, and (iii) have recently chosen to build on Cardano.
Imagine being a new entrepreneur whose only funding route is going direct to the treasury. That will not attract new builders, most certainly not.
From my perspective, the CB DAO is a business proposal. It's a coordination layer with one simple purpose: to fund and hold accountable businesses on Cardano. It lets dReps say, "Yes, we want builders taken care of, and we want to delegate the operations and accountability layer to sort through smaller proposals from proven Cardano builders."
So, what is the CB DAO most likely to fund? The honest answer is that preselecting projects is not how good, fluid governance works. What we have instead is a mandate and a transparent, competitive process: one member, one vote, decided by an informed, domain-expert voter base, funding the products and teams that base believes are best for Cardano's KPIs and for bringing new users to the chain. And we run funding rounds more frequently than the treasury runs budget cycles, so capital moves at the speed builders actually need.
Rather than tell you in the abstract, let me show you. Here are real proposals from our last governance round so you can judge the quality and nature of the work yourself:
Masumi:
drive.tiny.cloud/1/1k7o5om77…
Clarity:
drive.tiny.cloud/1/1k7o5om77…
Delta DeFi:
drive.tiny.cloud/1/1k7o5om77…
Anvil Development Agency:
drive.tiny.cloud/1/1k7o5om77…
BankFi:
drive.tiny.cloud/1/1k7o5om77…
Flux Point Studios:
drive.tiny.cloud/1/1k7o5om77…
CSWAP:
drive.tiny.cloud/1/1k7o5om77…
There's more, but this should give you the idea.
The Builder DAO needs your vote. We believe this kind of ultra-transparent, dRep-overseen, domain-specific coordination layer is an evolution in Cardano governance, and a necessary one if we want builders to stay and keep building the businesses that scale Cardano's KPIs.