Overview

As some of you may already know the Akash CAB was formed on July 21st 2021 in order to fund various types of projects to bring value to the overarching Akash community. You can read more about the initial proposal here, Akash Proposal #9. Some of the bigger projects funded by the CAB to date; Akashlytics, Akash-Audit, Project Phoenix etc. The CAB funding has run out but there are still developers proposing projects on the akash forum.

Changes

Some changes have been made to the structure of the CAB. The CAB operates as a governing board and goes through a yearly re election process. Some members of the CAB have either resigned or were removed in favor of condensing the group and ensuring that the proper projects are selected. There are no longer Akash Network team members with a vote on the CAB ensuring that there is no conflict of interest. CAB Members:

• Tom Beynon
• Anthony Rosa
• Maxime Beauchamp
• Joseph Chalabi
• Space Potato
• Ethan Kravitz

Funding

We are requesting 150,000 $AKT from the community pool in order to fund new project proposals. One of the first projects the CAB plans on funding with the second round is Parachute by Open Registry, a decentralized container registry. More information about the project and proposal can be found on the Forum Post.

Wallet

After an internal vote, the CAB decided, funds will be sent to the same multi sig wallet held by the Akash team. Why not a multi sig held by CAB members? Funds need to be delivered in a timely manner and a multi sig of 6 members all over the world increases turn around times from voting to funding.

Disclaimer

Anthony Rosa, the creator of Project Phoenix & Akash-Audit, will no longer be applying for funding from the CAB in order to avoid any conflict of interest.