CIP 0053 AngelHack as a Weight 2.5 SV - Eric Saraniecki
- Hello,
Please find the CIP-0053 open for discussion at the PR https://github.com/global-synchronizer-foundation/cips/pull/42. Full text below.DA is the sponsor.
In order to move to a vote we are requesting a Super Validator Node Operator to endorse the CIP.Anyone SV Node Operator willing to endorse or change needed?Summary
Add AngelHack as a Weight 2.5 SV
AngelHack commits to
Staff a dedicated team to contribute to the Canton OSS repos
Incubate applications for the Canton Network
Drive developer ecosystem through proactive education and hackathons
Support Canton Network through its BD network
Be active in Network governance
Join the GSF as a General Member
Executive Summary
AngelHack proposes to join the Canton Network as a Super Validator Node, leveraging our extensive global network of over 300,000 developers and a proven track record of incubating more than 200 startups and projects.
Our commitment is threefold: first, to drive active contribution to Canton’s open-sourced repository with core engineers; second, to drive network utility by building innovative applications on top of Canton that generate substantial transactional activity; and lastly, to nurture and expand Canton's developer ecosystem by attracting and mentoring the next generation of blockchain engineers.
Overview of AngelHack
AngelHack is a global innovation platform and community builder with a vast network of over 300,000 developers. We have successfully incubated more than 200 startups and projects, fostering innovation and technical excellence in emerging technologies, including blockchain. Our experience in hackathons, accelerator programs, and mentorship initiatives positions us as a natural partner to advance the Canton Network's ecosystem.
Proposed Contributions to the Canton Network
1. Technical and Developer Contributions
Core Engineering Team (Weight 1): AngelHack will deploy a dedicated team of experienced blockchain engineers to actively contribute to Canton’s open sourced repository. On top of that, our core engineers would also work on planning and defining the technical roadmap to facilitate and onboard additional contributors effectively. This dual approach ensures continuous innovation and sustained development activities.
Application Incubator (Weight 0.5): AngelHack will deploy a dedicated team of experienced blockchain engineers to work on developing applications - both references with robust documentation as well as into production - built on the Canton Network. These applications will be designed to educate the broader developer ecosystem, drive high transaction volumes, and ensure robust network activity and transaction fee generation.
Considered Applications include
DAO / Validator Pools / Decentralized governance
Trusted Liveness Services
DEX templates
Peer to Peer Micro loans
Launchpads (kickstarter)
Prediction markets
RWA Trading
2. Strategic Partnerships and Developer Community Growth
Developer Community Growth (Weight 0.5): Leveraging our extensive global network, AngelHack will spearhead initiatives to attract and onboard blockchain developers to the Canton ecosystem. This can be done through targeted hackathons, technical workshops, and mentorship programs. We aim to significantly grow the pool of skilled engineers focused on deploying applications and increasing transactions on Canton.
Strategic Partnerships (Weight 0.5): We plan to facilitate partnerships between established enterprises, financial institutions, regional and global system integrators and promising blockchain startups, using our community and network to drive real-world application deployments on Canton, thereby expanding its reach and utility.
3. Governance and Long-Term Collaboration
Active Governance Participation (Weight 0): As a Super Validator Node, AngelHack will actively engage in Canton Network governance, participating in the Canton Improvement Proposal (CIP) process and helping shape the future of the network. Our commitment includes aligning with the Global Synchronizer Foundation’s principles and contributing to strategic decisions that support network growth.
Sustainable Network Economics (Weight 0): By operating as both a Validator and an active application developer, AngelHack will help sustain the network’s economic model, driving both Validator rewards and Featured Application rewards through consistent and innovative transaction generation.
Proposed Changes
Increase the GSF’s minting weight +2.5 and assign to AngelHack
Dr. Amanda L. Martin
814-359-6544Director of Program Management - toggle quoted message Show quoted text
As with similarly structured in-kind SVs, I have some concern over the vagueness of the KPI thresholds and the fact that CC rewards will be earned with limited accountability to those commitments (including no deadline).
Are we able to consider the escrow foundation structure for awards from CIP-0052 here as well to help address this?
Thanks
Chris
From: cip-discuss@... <cip-discuss@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Friday, March 14, 2025 2:33 PM
To: cip-discuss@...
Subject: [ext] [cip-discuss] CIP-0053 AngelHack as a Weight 2.5 SVHello, Please find the CIP-0053 open for discussion at the PR https: //github. com/global-synchronizer-foundation/cips/pull/42. Full text below. DA is the sponsor. In order to move to a vote we are requesting a Super Validator Node Operator to
Hello,
Please find the CIP-0053 open for discussion at the PR https://github.com/global-synchronizer-foundation/cips/pull/42. Full text below.DA is the sponsor.
In order to move to a vote we are requesting a Super Validator Node Operator to endorse the CIP.Anyone SV Node Operator willing to endorse or change needed?
Summary
- Add AngelHack as a Weight 2.5 SV
- AngelHack commits to
- Staff a dedicated team to contribute to the Canton OSS repos
- Incubate applications for the Canton Network
- Drive developer ecosystem through proactive education and hackathons
- Support Canton Network through its BD network
- Be active in Network governance
- Join the GSF as a General Member
Executive Summary
AngelHack proposes to join the Canton Network as a Super Validator Node, leveraging our extensive global network of over 300,000 developers and a proven track record of incubating more than 200 startups and projects.
Our commitment is threefold: first, to drive active contribution to Canton’s open-sourced repository with core engineers; second, to drive network utility by building innovative applications on top of Canton that generate substantial transactional activity; and lastly, to nurture and expand Canton's developer ecosystem by attracting and mentoring the next generation of blockchain engineers.
Overview of AngelHack
AngelHack is a global innovation platform and community builder with a vast network of over 300,000 developers. We have successfully incubated more than 200 startups and projects, fostering innovation and technical excellence in emerging technologies, including blockchain. Our experience in hackathons, accelerator programs, and mentorship initiatives positions us as a natural partner to advance the Canton Network's ecosystem.
Proposed Contributions to the Canton Network
1. Technical and Developer Contributions
- Core Engineering Team (Weight 1): AngelHack will deploy a dedicated team of experienced blockchain engineers to actively contribute to Canton’s open sourced repository. On top of that, our core engineers would also work on planning and defining the technical roadmap to facilitate and onboard additional contributors effectively. This dual approach ensures continuous innovation and sustained development activities.
- Application Incubator (Weight 0.5): AngelHack will deploy a dedicated team of experienced blockchain engineers to work on developing applications - both references with robust documentation as well as into production - built on the Canton Network. These applications will be designed to educate the broader developer ecosystem, drive high transaction volumes, and ensure robust network activity and transaction fee generation.
Considered Applications include
o DAO / Validator Pools / Decentralized governance
o Trusted Liveness Services
o DEX templates
o Peer to Peer Micro loans
o Launchpads (kickstarter)
o Prediction markets
o RWA Trading
2. Strategic Partnerships and Developer Community Growth
- Developer Community Growth (Weight 0.5): Leveraging our extensive global network, AngelHack will spearhead initiatives to attract and onboard blockchain developers to the Canton ecosystem. This can be done through targeted hackathons, technical workshops, and mentorship programs. We aim to significantly grow the pool of skilled engineers focused on deploying applications and increasing transactions on Canton.
- Strategic Partnerships (Weight 0.5): We plan to facilitate partnerships between established enterprises, financial institutions, regional and global system integrators and promising blockchain startups, using our community and network to drive real-world application deployments on Canton, thereby expanding its reach and utility.
3. Governance and Long-Term Collaboration
- Active Governance Participation (Weight 0): As a Super Validator Node, AngelHack will actively engage in Canton Network governance, participating in the Canton Improvement Proposal (CIP) process and helping shape the future of the network. Our commitment includes aligning with the Global Synchronizer Foundation’s principles and contributing to strategic decisions that support network growth.
- Sustainable Network Economics (Weight 0): By operating as both a Validator and an active application developer, AngelHack will help sustain the network’s economic model, driving both Validator rewards and Featured Application rewards through consistent and innovative transaction generation.
Proposed Changes
- Increase the GSF’s minting weight +2.5 and assign to AngelHack
Dr. Amanda L. Martin
814-359-6544Director of Program Management
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects. - Great suggestion Chris,I have added some language around this. Please let me know if this is what you wanted or something else is needed:
- Thanks, it’s close to what I was thinking. In addition to the changes, I suggest also making it clear that unearned tokens in escrow go back to the foundation as well (currently just says the unearned weight). Maybe something like this…then going forward it can be boiler plate for these in kind structures.toggle quoted message Show quoted text
* If AngelHack fails to meet the targets that will be established by the Tokenomics committee, all SV weight and minted Canton Coin held in escrow associated with that unmet target will be forfeited and returned to the GSF.
One other thought, and maybe this is part of the kpi negotiation, but I think we should put a deadline on meeting the KPIs. Some can be rather soon after approval, others a longer timeline could be justified.
ChrisOn Mar 19, 2025, at 4:48 PM, DrAmandaLMartin via lists.sync.global <amartin=linuxfoundation.org@...> wrote:
Great suggestion Chris, I have added some language around this. Please let me know if this is what you wanted or something else is needed: https: //github. com/global-synchronizer-foundation/cips/pull/42 _. _,_. _,_ Links: You receive all messages
Great suggestion Chris,
I have added some language around this. Please let me know if this is what you wanted or something else is needed:
https://github.com/global-synchronizer-foundation/cips/pull/42<https://urldefense.com/v3/__https://github.com/global-synchronizer-foundation/cips/blob/b431e7566836d83a71ba4cf933ed7272550c0dd5/cip-0053/cip-0053.md__;!!EvhwMw!UXKZKNFXB_JLkMIyEHIPyMGwG-SVUD7OVBRBmSSRVScW1H2xW1EryDidCYFI1PSw6ulgMyIe2c5wiuq-IJ1Ca5wyu0riWrkoipK3pAKS$>
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects. - Hello,Thanks for the great discussion around the CIPs.
The AngelHack one has been updated accordingly. Please see the update here: https://github.com/global-synchronizer-foundation/cips/blob/cip-0053/cip-0053/cip-0053.md
