This Tuesday, December 8 at 12:00 UTC, the Free TON Weekly Meetup #32 took place. This time, they discussed updates to subgovernances and contests, updates to global governance and much more. There was also a Q&A session. This time, the meetup took pretty much time – 1 hour 40 minutes, which is slightly longer than usual.
The meeting began with an opening speech from Ron Millow, who is traditionally the moderator of all weekly meetups. After welcoming everyone present, he briefly introduced the agenda and encouraged the participants to write their questions in the chat.
The first news was the announcement of the official creation of 3 new subgovernances: Free TON Influencers, the Global Community (which took over the function that the Ambassador Subgovernance was originally supposed to perform, but in much better shape, as Ron noted) and Community Voice Subgovernance, which actually will be engaged in PR and can become a “window to the world” for Free TON with the help of its outstanding team of professionals.
Further, the completion of accepting submissions and voting of judges within the Virtual Hero Contest was announced, thanks to which the Free TON mascot symbol was chosen. The next step will be the distribution of the awards to the winners, which is expected today, December 9 at 12:00 UTC.
It was also said that just before the start of this meetup there was a call of Global Governance, in which all members of this subgovernance took part to discuss some issues. They managed to come to a certain consensus. In more detail: firstly, the project has approached the stage at which it can be officially called decentralized due to the number of validators included in the network. The official announcement will be made on December 22 at the 34th meetup. This way, the stakes of the initial validators can no longer remain locked and they can release them to the market – however, the good news here is that apparently most of them are not going to do this. Another consequence of this event is that now Free TON will be able to be listed on exchanges. This does not mean that the project will now actively cooperate with exchanges and negotiate a listing, but from now on it will no longer try to avoid listing. Over the next two weeks, Free TON will become the largest, fastest, cheapest, and overall best decentralized blockchain network existing in the industry. You can already start preparing your champagne by December 22!
Further, Mitya Goroshevsky added a small remark on the rust network: everything’s going well with them, and security and stability are at a high level. He also spoke about the smart contract contests in DGO Subgovernance, which are being held now, and urged the participants of the meeting to pay attention to them and to take part.
Then Ron took the floor again. He talked about the active distribution of tokens to new validators in the last few weeks. According to the Declaration of Decentralization, validators receive their tokens from the validator giver contract. Magister Ludi had subsidized steaks and the validator account is now running out of tokens. At the same time, in order for validators to perform their duties, there must be tokens on the balance of the validator contract. This is a problem that can be solved with a loan. It was proposed to take it (250 million tokens) from a referral giver. This decision was approved by the voting in Global Governance.
Sergey Z spoke about this in a little more detail, launching a screen sharing and explaining the main points of such a proposal. He highlighted the fact that the validator giver account was originally one of the smallest, which meant that sooner or later it would be necessary to take a loan. However, after a certain period of time it will be returned.
After that, Mitja Goroshevsky spoke about the DePools: another stage was added to the distribution process, and instead of the final distribution from December 12, it will again be temporary (1 month). During this period, the number of validators will remain almost unchanged. One month after that, on January 12, the final distribution for 2 years will begin. The new DePool contract was published the day before the meetup, but it is not final yet.
Then there was a question regarding the distribution of vesting steaks: if it will be postponed to January or not. It was noted that this requires a sufficient level of decentralization of the network, which will be achieved somewhat later.
The next remark was pretty informal: Ron asked all the meetup participants who were in “at least quasi presentable shape ” to turn on their cameras. This request has its own rationale – when the cameras of the participants are on, the recordings of the meeting gain more views on Youtube.
The next part of the meetup was devoted to updates in the Mexican subgovernce. Hector Rivera took the floor. He turned on the screen sharing and launched the prepared presentation. The first thing announced was the start of implementing new services to facilitate the process of interaction between users and the project. In order to do so, a “fund of ideas” was launched for motivating Hispanics to develop a project ecosystem for the Hispanic community. The website Crystalwallet.org was also launched – a confidential, convenient and fast crypto wallet for the community with a Spanish interface. The platform’s goal is 50,000 wallets by the end of Q1 2021.
As for promoting the project in Twitter and other social networks, a project account in Spanish was created, and the Tonmedia.com website was launched, on which community news and other posts (of course, in Spanish) will appear. In addition, the idea of creating Ton-alert.org, a service that allows tracking transactions on the Free TON blockchain network, was finally brought to life. Also in the Mexican subgovernance there is work on new partnerships: 2 exchangers, Blockchain Mexico, etc.
After that, the meeting participants moved on to discussing questions from the call participants and from the chat.
Q: Why promote Crystalwallet in the Mexican community when you can use TON Surf to do it?
A: We wanted to give the Spanish speaking community their own wallet, so to speak. As a rule, our community members find it difficult to speak English, so we decided that a product in Spanish would be more convenient for them.
Q: What was the decisive factor in the official decision to create Community Voice Subgovernance? The text of the proposal was amended several times.
A: First, this is definitely the requested amount of tokens. It was originally too high. Now these tokens simply will not give the desired results, so you need to start with a small budget, and then change your strategy according to the situation. Now in most subgovernances the Pareto rule is applied: 20% of participants do 80% of the work. To improve efficiency, you need to achieve a ratio of at least 50% to 50%. Secondly, this is the expansion of the team to 12 active participants who are able to manage the development of the subgovernance.
Also Nikita Inshakov, one of the initial members of Web & Design, shared his thoughts on the just finished competition for creating a video explanation for Free TON. He said that more than 100 applications were submitted by participants in the competition, and even though, just as expected, most of the submissions are mediocre, there are some outstanding videos among them. Despite the fact that there should be only one winner, all the best works will be published on the official Youtube channel of the project. He also talked a little about the launch of the new Free TON website, the creation of the dark theme and the work on it which is still on. Pavel Prigolovko also spoke about his proposal to create an off-chain mechanism for performing small tasks to simplify and speed up work. This is necessary to reward community members who invest their efforts, time and resources in its development.
However, not everyone shared his point of view: Mitya Goroshevsky said that this is a sure way to destroy the community, since small tasks should not be performed for money – if a person demands payment for this, then they clearly do not share the interests of the community. If a small task needs to be completed, it will be completed by a community member who will be willing to spend time on it. If not, then the community does not need this task. It is according to this model, in his opinion, that a decentralized community should be built, and deviation from it will lead to the disbalance. Thus, this issue is still subject to further discussion.
After that, Patrick Bryan took the floor. He has been involved in blockchain projects for the last 3 years and learned about Free TON a couple of weeks before the meetup. At this time, he got acquainted with the project ecosystem and the activities of the community, and during the meetup he asked several standard questions: what is Free TON, who makes decisions within the project, etc. He wondered what he could do for the community if he is not a developer? Ron answered the question: the network is designed for 5 billion tokens, part of which (85%) is intended for distribution to community members as a reward for their contribution to the development of the project. Everyone does what he is competent at.
Q: how many people are currently involved in the project?
A: approximately 30,000 people.
Q: Ron, my question is for you. I often hear the words democracy and meritocracy here. Democracy means that every voice will be heard and that anyone can participate in decision-making, and meritocracy means that only specialists will make decisions. That is, these two terms contradict each other. What are you leaning towards more?
A1 (Ron): I don’t separate these two. I think these are two aspects of the same idea.
A2 (Mitja): Meritocracy is part of democracy, and according to the rules of the latter, 1 person gets 1 vote. In the original Greek version of democracy, there was one vote per citizen, but the system itself was not very democratic, since not everyone had the right to vote. With meritocracy, everything is somewhat different: if you are an expert in a certain topic, then your voice on a specific issue within this topic weighs more.
A3 (Ron): Yes, I guess it is, there is a confusion with terminology. We have a meritocracy.
Q: What about the Virtual Hero / Spokesperson Contest? Will the number of prizes be increased to 50? If so, what are the prizes?
A: No. We are moving into the governance 2.0 phase, where everything will be systematized and automatized. You cannot go back and change something, you can only move forward. This is the blockchain – everything that is written remains there forever. Therefore, if a mistake is made, it is like stumbling on the street. You just need to get up and move on. So the original terms of the contest will not be changed.
Remark to the aforementioned competition from Roman (Roman_D): there were comments that the winner of the competition did not actually complete the work himself, but bought it. But the voting has already ended, and the awards will be distributed in accordance with its results.
Q: Do I need to use the old deployment address when deploying a new depool contract?
A: If you ask such questions, then you shouldn’t be a validator at all. Try it. If you suddenly succeed in doing this, please be sure to report it, it means that we have an error in the blockchain.
Q: When will the Ambassador Subgovernance be relaunched?
A: Never, this has been discussed many times. But in their place, 2 new subgovernances arose: Global Community Subgovernance and Free TON Influencers.
Q: To prevent spam and substandard applications, you need to make a paid application. When is it planned to be introduced?
A: Yes, this is the governance 2.0 functionality that will be ready soon.
That was the last question, and that was where the nearly two-hour meetup ended. The next meetup will be held on December 15 at 12:00 UTC (15:00 Moscow time), everyone can take part in it.
The full version of 32 meetups can be viewed on the official Free TON Youtube channel.