{"id":81124,"date":"2024-06-12T12:25:59","date_gmt":"2024-06-12T16:25:59","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=81124"},"modified":"2024-06-12T12:27:28","modified_gmt":"2024-06-12T16:27:28","slug":"1inch-dao-proposes-150k-grant-to-create-crowd-testing-platform","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/1inch-dao-proposes-150k-grant-to-create-crowd-testing-platform\/","title":{"rendered":"1inch DAO Proposes $150k Grant to Create Crowd Testing Platform"},"content":{"rendered":"\n

The governance DAO of finance protocol 1inch <\/a>is voting on donating $150,000 USDC to create a platform to “train novices into web3 experts.”<\/p>\n\n\n\n

\"1inch
1inch DAO Proposes $150k Grant to Create Crowd Testing Platform<\/figcaption><\/figure>\n\n\n\n

According to a 1inch governance proposal, a new bug bounty platform should be established, and the first product listed on it should be 1inch. This platform will enable the crowd to beta-test versions of web3 products\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n

The 1IP-56 plan states that XCRWD, a group of semi-anonymous Russian programmers, will be responsible for developing the unnamed platform.\u00a0The proposal seeks $150,000 to pay for the “development, the work of the community manager, and the closure of project needs.”<\/p>\n\n\n\n

Part of the requested amount (around $20,000) “will be directed to rewards for platform contributors,” said XCRWD founder Danya, who also claims to work at 1inch Labs as QA according to their\u00a0LinkedIn profile<\/a>.\u00a0Danya:<\/p>\n\n\n\n

\n

“At its core the platform has a powerful bug tracker where users can submit reports. Approved reports are rewarded, recognizing the valuable contributions of our testing community.”<\/p>\n<\/blockquote>\n\n\n\n

XCRWD plans to dedicate roughly $130,000 of the overall funding to the backend and frontend development of the platform, as well as the integration of smart contracts<\/a> and design elements. The idea will be voted on on June 15th, with a development timeline until 2024. The snapshot shows strong support as of publication, with roughly 99.4% in favor and 0.58% against.<\/p>\n","protected":false},"excerpt":{"rendered":"

The governance DAO of finance protocol 1inch is voting on donating $150,000 USDC to create a platform to “train novices into web3 experts.” According to a 1inch governance proposal, a new bug bounty platform should be established, and the first product listed on it should be 1inch. This platform will enable the crowd to beta-test […]<\/p>\n","protected":false},"author":43,"featured_media":81125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[19974,19975,19973],"class_list":["post-81124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1inch-dao","tag-crowd-testing-platform","tag-xcrwd"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/croc_1718207657269.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/81124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=81124"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/81124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/81125"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=81124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=81124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=81124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}