As we prepare for our upcoming fundraising event, it’s important to plan how we’ll manage the funds raised. We’ll be accepting donations in ZNN through NoM and USDT on EVM-compatible chains. Let’s dive into how we can do this securely and efficiently.
USDT Donations
For USDT donations, we’re keeping it simple. We’ll use a multisig wallet on Safe with trusted community members as signers. This means no single person has control over the funds. We’re considering either a 3-out-of-5 or 5-out-of-7 setup. Tagging some viable candidates to check their availability and willingness to cooperate:
Stark 
@shaimo
@SugoiBTC
@0x3639
@sumamu
@vilkris
@aliencoder
@georgezgeorgez
@coinselor
@sultanofstaking
@Zashounet
Of course other community members are more than welcome to participate, suggestions are appreciated. In my mind, an ideal set would be something like Shaimo + 1-2 developers + 2-3 community admins.
Keep in mind this is just a temporary holding of funds until payment to the CEX is finalized. Therefore, efficiency is more important in this case.
ZNN Donations
ZNN donations are a bit more tricky. We have two main options:
-
Using a Community Member’s Address: We could just use the address of a trusted community member, like a pillar operator, to collect the funds.
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Direct Donation to A-Z: Alternatively, donations could go directly to AZ, and we track the amounts during the event. If the event is a success, a verified pillar address will request the funds through an AZ proposal. The challenge here comes when we need to return funds should the event not meet its goals. It’s a bit more complicated but manageable.
Our goal is to make the fundraising event not only successful but also transparent and secure.
It’s worth noting that I have omitted a BTC address for donations for simplicity’s sake, but I think we should definitely consider offering one.
