PSA: Delays in Processing Funding Requests

Near Community and nodes
1

Hey all,

There is a small delay in processing funding requests which should be cleared throughout this week and next.

This impacts:

  • Receiving KYC links for those who haven’t passed
  • Distributing reward agreements
  • Distributing funds

The delay has been caused by restructuring processes and teams within the NF. The longer-term goal of this will result in an accelerated process for future funding requests with much of the manual work being automated away.

Thanks all for your patience. If you’ve any questions, feel free to share them on this thread.

2

Thank you for the clarification @David_NEAR.

3

Thanks for the clarification on this @David_NEAR
I did like to ask though, in regards “the longer time goal”, will all Daos have to own legal wrappers?

4

If the DAO is receiving funding directly, then it should have a legal wrapper unless someone is taking full responsibility by passing KYC ( :warning: not a lawyer, so take it with a grain of salt).

We’d relay any changes if they were coming in, though.

5

Thanks for the feedback :pray:t5:

6

@Wiswiz

You may need this.

7

Thanks for clarifying @David_NEAR

8

Thanks @David_NEAR you always clear! Love you!

9

Thanks for this clarification…

10

best friends love GIF by Spinnin' Records

11

Regarding manual work sir…will they gonna release by batch who requested earlier delay ?., I mean the person who past KYC 1st and earlier submission for claiming funds.?

12

It will be done in order, dependent on the response time for KYC and reward agreements.

13

ok sir., thnk you for answers. :blush:

14

Thank you @David_NEAR for clarifications

15

Thanks @David_NEAR for sharing this news and clearing some speculations.
We believe these changes are for the better and will play greater roles in the Future of NF

16

Thank you, @David_NEAR, for letting us know. :pray:

17

Thank you for the heads up and keep up the great work NF Team!

18

Thanks for the clarification on this @David_NEAR

19

Thanks @David_NEAR for providing the information and clarification.
I hope this change is for the better and very effective for the Future of NF :coffee:

20

Hey, it’s just great to know everything is on the rails! Good on you guys on keeping the community updated.