While I’m not legal person, I do understand why the DAO verticals funding mechanism is being changed back to the NEAR Foundation (thanks for the explicit explanation, @mecsbecs).
I do have a few concerns which I would highlight below:
What verification would be required to be completed by individual recipients? KYC? and will this verification be extended to Guilds and DAOs that submit payout requests too?
- When crypto regulations becomes clearer, does the NF still plan to move funding back to DAO verticals?
Well, there’s not much to say here. It’s a good thing that DAOs will soon be run exclusively by the community: Community-driven DAOs: Proposed Structure for Community Fund DAOs as of Jan 2022