@OzKar raises some very important points:
The proposal allocates $100,000 as an investment into select participant projects. While supporting builders is commendable, it’s important to recognize that this structure implies Upright will expect a financial return or otherwise. This places pressure on early-stage projects to deliver under investment terms, all while utilizing Celo community funds on what could be public goods or open source projects.
An alternative approach might be to structure this as a prize or milestone-based grant that are unlocked progressively as deliverables are achieved.
I also agree that 2.5x the investment amount as “Operations and Marketing” is not justifiable.