Improve and Grow Auditability

It's important that the funded proposals are evaluated to see if they are delivering what was established in their mission..

Several projects evaluating funded proposals, providing reports, articles and metrics on the development and implementation of the projects.

* Number of funded proposals audited

Considering that the idea is to audit and report on the development of proposals in different challenges, it is important that success metrics are thought out in relation to each challenge.

* Number of reports, articles and videos/podcasts on:

• Performance
• Achievements
• Financials
• Number of onboarded developers.
• Number of commits in funded proposal repositories (Github)
• Indicators of: transactions, volume and unique wallets interacting with dapps.
• Number of smart contracts audited.
• Social media engagement indicators.

When Fund7 happens we will be close to 100 funded proposals. It is extremely important that these proposals are evaluated/audited to see if they are delivering and if the ROI is being in line with what has been established initialy.

Currently, IOG is in charge of monitoring the development of these funded proposals, but when there are hundreds of funded proposals this will be an overwhelming work for IOG.

The Auditability challenge aims to ensure transparency in the use of Cardano's treasury resources, which will allow the Cardano community to have more information on the development of funded proposals through a checks and balances system.

Some directions that this challenge can take:

* Podcasts with teams from funded proposals.

* Smart contract audits.

* Platforms / Websites that perform:

- Reporting on metrics, spending of financial resources.

- Metrics on the development of Dapps (txs, volume, unique wallets, etc …)

- Metrics on Number of onboarded developers, number of commits in funded proposal repositories.

-Social media engagement indicators metrics.

Challenge amounts should only be proposed in increments of $25K. Other amounts not in these increments will be rounded up. E.g. $27,500 will be rounded up to $50,000.