Transparency within the Dfinity Foundation

Hi Folks,

Diego from DFINITY here.

First of all, the wait for a reply has no excuse. It is poor communication on our part. We see that. I explained what happened below:

The answer to most of these things is quite boring with perhaps only one juicy part.

I am not an expert by any means on this, but I will do my best and likely iterate/update as I learn more.

The Boring Stuff

  1. No one has answered this thread for boring bureaucratic reasons. I myself report to R&D so I do not feel it is my place to reply. Same with Finance. Same with Legal. The task to reply was actually on the C-level’s desk, but it just has not crossed the “super important” threshold they use for their time. They actually brought it up a few times in their exec meetings and at each they agreed to pen a long, thoughtful reply, but it never made the cut off with more urgent priorities.

  2. All the questions about team and board structure are supposed to be on https://dfinity.org/. My team manages that website along with https://internetcomputer.org/ To be honest, we have spent 99% of our team on https://internetcomputer.org and the documentation because that helps adoption.

  3. Yes there is a board. It really is no different than other Swiss foundation boards. Dom and Gian Bochsler are on the board. Why is it not on the website? They are both in the “leadership” tab of https://dfinity.org/. Is it obvious at first glance? No, I do not think so. I take blame here as the new manager of the website team.

  4. Yes, the foundation has all the paperwork, meeting minutes, etc… of a Swiss non profit. Tbh, pretty boring stuff.

  5. I think it’s very reasonable for my team to improve the website for these.

The “juicy” stuff

Here we get to the “juicy” or interesting stuff.

No, we at DFINITY have NOT published our runway and financing as of yet because it can be used maliciously. That being said:

I know it can sound silly, but we have been advised that since we are living in a world of highly-financed bad actors launching surreptitious attacks and FUD, we have been advised to hold off on financing info. Yes, I can see that makes the financing info even more mysterious… but I will leave you with this:

There are documented examples of people playing very very dirty against DFINITY. You can understand our reluctance to reveal too much given how some have attacked DFINITY in a bad actor manner. One could argue that it made us too defensive, and that is fair criticism.

Will this change? We 100% expect so… after all Ethereum foundation took years (after launch) to get where it is. Same with many crypto projects.

Quite honestly, I just rather keep working towards a world where DFINITY is not as important to the IC ecosystem, but my team can work on the “boring” stuff mentioned above.

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