Approval
Once the Validator completes their assessment, they submit the project for approval. This action signifies that the project is ready to move to the next stage of evaluation and decision-making, intending to receive approval. The project approval process consists of many phases.
The community or relevant stakeholders engage in a voting process to determine whether the project should be approved or not.
The consensus vote is a collective decision-making mechanism where a diverse community comes to a consensus on whether the project should proceed or not. This process aims to ensure that the decision is made based on a shared and decentralized understanding by reaching a consensus.
If the project receives approval through the consensus vote, it is marked as approved and ready for publication. This step signifies that the project has successfully passed the evaluation process and is now eligible for publication or further development.
Reward Points for Participants:
This indicates that participants, including the Scouter, Verifier, Validator, and Approvals, will receive some form of reward points for their contributions to the project evaluation process. The nature of these rewards may vary but typically serve as an incentive for their honest and diligent work.
Each will be issued a participatory point to incentivize and reward their effort:
Each participant in the process, which includes the Scouter, Verifier, Validator, and Approvers, is recognized and rewarded for their contributions by receiving a "participatory point." These points are intended to motivate and acknowledge their efforts in conducting due diligence and evaluating the project.
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