🗳️ Voters
Voters denote anyone in public with a wallet
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Voters denote anyone in public with a wallet
Last updated
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Voters are integral to the GrantPicks ecosystem, as they actively engage in the funding process by connecting their wallets and participating in the voting of projects during funding rounds. Their decisions directly influence which projects receive financial support from the community.
To participate in voting, users must connect their Web3 wallets (compatible with Stellar or NEAR networks) to the GrantPicks platform. This connection allows them to securely cast votes and interact with the ecosystem.
Voters can engage in the voting process during ongoing funding rounds. They evaluate projects by comparing them in pairs through a pairwise voting mechanism, selecting their preferred projects based on various criteria such as innovation, feasibility, and community impact.
Before casting their votes, voters can access detailed information about each project, including descriptions, goals, funding requests, and supporting materials. This transparency helps them make informed decisions.
Voters can view all currently active rounds and upcoming opportunities for project submissions. This feature allows them to stay updated on which projects are seeking funding and when new rounds will open for voting.
After voting concludes, voters can check the results of each round to see which projects received funding and how community preferences shaped the outcomes. This feedback loop enhances their understanding of the community’s priorities.
users have the opportunity to initiate a challenge period, allowing them to contest the results of a funding round or raise concerns about specific projects. This feature enhances transparency and accountability within the platform.
Initiate a Challenge: Users can formally initiate a challenge against the results of a completed round. This process allows them to present their concerns or objections regarding the funding decisions made during the voting process.
Community Engagement: The challenge period encourages community members to discuss and debate the merits of funded projects. This engagement fosters a collaborative environment where users can voice their opinions and contribute to the decision-making process.
Resolution Process: During the challenge period, relevant stakeholders can review the challenges raised and work towards a resolution. This may involve additional discussions, clarifications, or even re-evaluations of project proposals.
In addition to participating in challenges, users can also fund vaulted rounds within GrantPicks. This feature allows users to contribute directly to specific funding initiatives, enhancing their engagement and investment in the projects they believe in.
By allowing users to initiate challenge periods and fund vaulted rounds, GrantPicks promotes an interactive and community-driven approach to project funding. These features empower users to take an active role in shaping the future of projects on the platform while fostering collaboration and accountability among all participants.
Voting in a Round
