[GP-7] Use of Funds Proposal (Dec 2024)

1. Summary
We are seeking the Governance Council’s approval to utilize Governance funds, for making a payment within the short term. This payment aims to support the service development and enhance infrastructure in line with the fund’s objectives.

The development of ‘Kaiascan’ is set to receive funding and the precise expenditures of KAIA for this will be transparently disclosed via Square website. Kaia Foundation will facilitate voting on the items, enabling the Governance Council to express opinions and preferences.

2. Payment Details

3. Voting Process
After posting the governance proposal on the forum, each agenda item will be moved to Kaia Square for on-chain voting. The on-chain voting will be conducted from December 12 to December 26, and a GC meeting will be held on December 11 to discuss the agenda.

yes
After posting the governance proposal on the forum, each agenda item will be moved to Kaia Square for on-chain voting. The on-chain voting will be conducted from December 12 to December 26, and a GC meeting will be held on December 11 to discuss the agenda.

This is undoubtedly a priority.

As a foundational tool for the platform, maintaining Kaiascan at a high market standard is essential. Furthermore, I would like to see how this tool facilitates the adoption of both the platform and Web3, ultimately contributing to the transformation of digital spaces.

With this in mind, I suggest a couple of points, perhaps for a future proposal.

First, from a planning perspective, it would be beneficial to analyze how the developed and implemented features align strategically with the platform’s direction.

Second, from a usage perspective, it would be valuable to assess how these features have been used and their impact on our partners’ services and apps.