Worbli BP - Addressing Two New Criteria for the EOS Block Producer Candidate Report

in eos •  7 years ago  (edited)

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(7) - Block Producer Candidate Roadmap on values, community project timeline, finances, transparency, or any other topic the candidate deems important. Please show the direction and future of your candidacy in a Steem post for the community.

WORBLI - WORBLI the decentralized financial services chain, built on EOS believes that serving as an EOS Block Producer is a commitment which is accompanied by a responsibility not only to serve in a technical capacity but also to give back by participating in guiding the conscience of the platform.

Values

  • Sustainability: The sustainability of the EOS community and platform are prioritized
  • Ethics: As an organization built on public trust, we hold ourselves to the highest ethical standards
  • Learning: We continuously pursue growth and development of our platform and ourselves
  • Respect: All voices have value, diverse perspectives drive the best of results

Community Project Timeline

  • June 2018 - EOS Launch
  • September 2018 - WORBLI Financial Services Community Development Fund Launch
  • November 2018 - WORBLI Financial Services Community Development Fund - Disbursement to “Round 1” selected development projects (community submitted)
  • January 2019 - WORBLI Charitable Foundation Launch

Finances

WORBLI will allocate proceeds from Block Producer Rewards as follows - After BP Operating Expenses (Infrastructure, Taxes, Communications, General & Administrative Expenses):

  • 60% to WORBLI Financial Services Community Development Fund
  • 30% to WORBLI Charitable Foundation
  • 10% to be kept as reserve for expansion of future resources needed for BP Cloud computing, software and hardware resources.

Should expenses exceed proceeds, WORBLI will utilize parent company reserves for a period of time to be determined by WORBLI Board of Directors to continue funding for Block Producer Operations

Transparency

WORBLI will publish financial reports on a quarterly basis, beginning with the quarter ending December 31, 2018

(8) Position on Dividends (The sharing of Block Producer inflation rewards with unaffiliated voters, AKA “vote buying.”)

WORBLI will not offer payment to EOS token voters for any reason, including BP elections AND/OR worker proposals

WORBLI will endorse any community supported anti-vote buying proposal, as we will simply not engage in any vote buying practices.

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Good organisational values.

It's also good to see a plan to be transparent by posting quarterly financial statements.

It's good to see you transparently state your view on Block Producer Rewards. I agree with your Values and look forward to seeing the progress as provided in the timeline!

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