Original rational by @luis : https://forum.nation3.org/t/nation3-court-a-backbone-to-bootstrap-a-circular-economy-by-increasing-trust-between-citizens/553
The goal of the Nation3 Court project it's to provide a system that allows the creation of collateral agreements between two or more non-trusted parties that will be arbitrated by a trusted third party in the case of a dispute.
This project's scope is to research, design & develop the set of tools required to bootstrap an initial version of this system. At the end of this project, we expect to have:
Coordinator: @0xGallego
Estimated to have a 2-5 size team composed of:
*(Full-stack developers could fill the gaps also)
The budget requested will account for:
It won't account for audit costs.
I propose a budget allocation of 60K USD valuation for the whole project. In the case of USDC available in the treasury, I suggest a split of 40K USDC / 20K (USD) in NATION (Valuation at payment). In other case, the team will negotiate with the Meta Guild on the best outcome for both parties.
It will depend on the number of contributors to join and the final team capacity. I would expect 1 month of work in an ideal scenario that could extend to 2 months with fewer resources.
The Meta Guild will be responsible to validate the progress of the project and perform the payments to the team. The budget for the project should be allocated to the Finance & Ops multisig before payments.
25% - Published refined specs for both Contracts & UI 50% - Demo version working in testnet 100% - Completed version deployed in Mainnet
With each the achieve of each KPI the team will be able to claim the % of the budget matching the progress.