Thanks for the feedback, Josia.
Kristof had made a previous offer to someone to oversee Center of Excellence (in a role similar to CTO) but the candidate declined so we’re back to square one. We’ve never had a CTO - which is part of the problem. The closest we had to a CTO was Albert Castellana (who left the Council earlier this year and now works at Radix leading their product development.)
It’s unrealistic for us to expect the role of CTO to be filled by the NF President, VP and core devs. Clearly, this wasn’t effective so far. Considerations:
1.) The role of the core devs was never to lead NF strategy. That’s one of the reasons they work for Tech Bureau, not the NEM Foundation. Their role is to create the code aligning with the NF’s vision.
2.) We’ve suffered from a lack of having a supporting VP when Jeff stepped down earlier this year. It’s been insane to see Kristof stretched thin as interim President with no VP. He did the best he could considering what he was handed and I sincerely appreciate his contributions.
3.) A CTO should be focused on one goal - our tech.
All funds for NF are currently managed internally by the Council. The Council/core devs have the burn rate and breakdown by regions. What is missing, however, is the 2019 - 2020 yearly regional budgets. The current process has been to submit quarterly budgets. Most regions just submitted their bare-bones budgets for Q1 as of a few days ago. It’s a painful process and will need to be immediately tackled by the new Council and new ExCo.
-Alex