Formation

Vortex governs the Humanode by deciding on key parameters through the voting power of human nodes. Formation is a part of the Humanode. It is a special grant-based development system providing grants, investments, service agreements, and projects to build. It is dedicated to supporting the Humanode network and all related technologies. It will be available for interaction through the Vortex DAO app.

Any human node can join Formation to make a grant proposal or apply to become a part of a team that already develops an approved proposal. Proposals by non-human nodes can only reach Formation if one of the governing human nodes decides to nominate them. Such limitations allow us to protect devoted followers and contributors to the Humanode network.

Human nodes create proposals, allocate funds for their implementation that are sourced from the community and the treasury, and take coordinated action to see the proposals implemented properly. Governors upvote and downvote them. We assume that 2% of fees go to Formation as the network begins to function. Then, the proposers, i.e., Vortex, will regularly determine the percentage of the fees going to Formation.

It is worth noting that there is no need for participation in governance to partake in Formation. Any bioauthorized human node is allowed to join any project.

The Humanode network’s DAO supports a number of different proposal directions.

Generally, Formation funds:

• Research: Advancing basic and applied research in cryptobiometrics, cryptographic primitives, distributed systems, consensus mechanisms, smart-contract layers, biometric modalities, liveness detection, encrypted search, and matching operations.

• Development and Product: Development turns research into software, while Product turns it into user experiences. Formation is primarily interested in technologies that expand the Humanode network, its potential, capabilities, and security, as well as the ecosystem, from decentralized finance and non-fungible tokens to decentralized courts.

• Social Good & Community: Formation supports community members to bring awareness to open-source, decentralized networks, and biometric technologies, and scale community outreach for the Humanode network. The Formation funds are mainly used to maintain the network.

Assembling a team

We understand how crucial it is to find and coordinate people that are willing to support the

proliferation of the Humanode network. That is why we are developing a special team-assembly

procedure in the Vortex DAO app that will allow those whose proposals were approved by Vortex to find passionate professionals to assemble their team from the members of the international Humanode community. All the proposer has to do is send a digital offer to any other human node that he thinks is a good fit for his projects. Their proposal must have the public address of the potential member, and it should state working objectives and conditions and have a smart contract that locks some part of the grant for that person in particular and saves the data onchain.

There can be:

• Full team projects, with predetermined participants;

• The team is partially assembled, with spots that can be filled later from the community;

• No one in the team yet, with all the slots available for the community.

It is worth noting that there is no need for participation in governance to partake in Formation. Any bioauthorized human node is allowed to join any project.