@ProposalCritic 

Permanent Members:

Fund Director/Operator: Responsible for overseeing the fund's strategic direction, investment decisions, and overall operations. Analyst: Engaged in in-depth market research, due diligence, and investment analysis to support the committee's decision-making process. Non-Permanent Members:

Fund Advisors (2 Community Members): Distinguished professionals from the blockchain and investment communities who provide valuable insights, guidance, and diverse perspectives to enhance the fund's decision-making and governance processes.

— Analyst will be hired and Advisors will be chosen from community mambers deep invested in Polka eco.

— The Manager is a CFA charteholder with long experience in tradfi and crypto markets.

2. 

The goal is achieving a multiple on invested capital (MOIC) exceeding 1.5x, ensuring returning the DOT raised. If the funds can not be returned to the treasury, a proposal will be made for to decide between a later burn or a  reinviestment/follow on.

@captain_lewis First of all thanks for investing time in my discussion.

Answer is not limited as different scenarios may present different criteria. Each accelerator deployment should undergo a thorough and primary evaluation but not limited to:

1. Business Idea and Market Potential: 

Innovative Idea: Assess the uniqueness and innovation of the business idea. Is this a proyect that will push mass adoption of the tecnology, will this make DOT more user friendly, etc.

       2. Team Evaluation:

Founders' Expertise: Assess the qualifications and experience of the founding team in developing cripto proyects, this offc includes a KYC and; Commitment: Determine the founders' dedication and willingness to commit to the project full-time.

        3. Technology Assessment:

MVP: Review the development stage of the product or technology. Technology timeframe: This initiative is not intended to found proyects with longer timelines. We need to accelerate DOT now.

        4. Financial Viability:

Review the startup's financial model, including revenue projections, cost structure, and cash flow (probebly none). And Assess how much pre-seed funding is required and how it will be used.

        5. Risk assesment:

Evaluate the startup's ability to execute its business plan. And, consider any potential team-related risks.

Every criterion should naturally be assessed with a focus on aligning with the ecosystem's core principles of security, interoperability, scalability, and upgradeability. An aspect I consistently deem as vital is the encouragement of a growing developer community, fostering application development on the platform and contributing to its expansion. This also stems from the opportunities created through funding. Programmers establish sustainability, while users contribute to the success of networks.

The accelerator is structured with three phases, each featuring changing incentives and objectives. The The absence of an annual fee, coupled with a 10% carry, reflects the alignment of incentives aimed at preventing intentional delays in fund deployment of course im open to any suggetions for the accelerator tu may have a better aligment of any incentives. The sustainability of the accelerator hinges on the success of the initial stage and approval from DOT stakeholders for the subsequent second and third stages. It's essential to emphasize that the accelerator's primary focus leans more towards its role as an accelerator rather than that of a traditional venture capital firm.

That's an excellent question, and I'm receptive to feedback on this matter. As In web3 governance structures, transparency and accountability there are significant challenges.

• Ensure the 2 community members are selected in a the most decentralized way posible so they can be totaly independent. Additionally, make sure the investment committee has clearly defined roles that are maintained and mutually agreed upon.
• Regularly publish a bi-annual or quarterly report providing detailed information on fund allocation and a comprehensive breakdown of expenses.
• Disclose team member information publicly.
• One of the point i think is crucial is a commiment to have community Involvement so we can ensure that decisions align with the community's interests.