0xMarcus - Grant Reviewer Application

1.) Preferred Display Name and Age (If you do not want to enter your age, enter that you are above 21 years of age, which is the minimum)

Name: 0xMarcus

Age: 53

Social Media Handles

Twitter: @marcusp3t3rs -[ https://twitter.com/marcusp3t3rs) (link here)

Lens Protocol: @0xmarcus.lens -[ LensFrens) (link here)

Linkedin: Marcus Peters -[ https://www.linkedin.com/in/marcuspeters/) (link here)

Discord: 0xMarcus#0588

2.) What motivates you to apply for this position?

Token economies are going to be the next step in digital transformation. I had the chance to get in touch with the shimmer community while providing the DeFi Series with my peers from Bankless Consulting. The warm welcome of the community and drive for DeFi on the shimmer network motivates me to bring my experience to the table and help grow the protocol.

3.) What is your educational and professional background?

Educational Background

  • University Of Applied Sciences, Business Information Systems
  • Specialized Computer Scientist Software Development

Web3/Crypto Background

  • In crypto since 2018
  • Web3 Strategy | Tokenomics Consultant at Bankless Consulting

Project Example: Tokenomics & DAO Governance Consultant

Delivery of a comprehensive business strategy to build an innovative fintech mortgage platform on top of blockchain technology. Performed value stream analysis, token exchange model, token base market conception.

Project Example: web3 Consultant

Improvement of business operations, processes, and project management platform for a gaming DAO with protocol owned liquidity and game to earn economy.

Project Example: Strategy Consultant & Product Manager

Development of a business model for first responder appreciation with a token economy. Product specification: The developed a business case for a holistic platform with a token-based incentive model and artificial intelligence for first responder routing.

Project #1: Project Manager

Monitoring water pumps via IoT services & blockchain. Implementation of a system, with connection of sensors to blockchain technology to store information about the condition of the pumping station (e.g., water flow rate) securely and transparently.

Professional Background

  • In IT Consulting since 1992
  • Roots in software development and architecture of enterprise systems
  • Currently leading a business development team at one of the major IT consulting companies in Germany

Trainings / Certificates
*Digital Transformation Strategy (Boston University)
*Artificial Intelligence (Microsoft)
*Certified Scrum Master
*Project Management Institute (PMI) - Project Management Professional (PMP)|

4.) What experience do you have relevant to this position (grant reviewer, Project manager, etc.)? Please describe

More than 10 yrs of experience in project management in traditional IT & crypto, as well as in analyzing business models and business strategy

5.) Are you a software developer? If yes, please provide info on your skills and proof of the projects you already have built/worked on (Github, languages, certificates, etc.)

Long time ago I was an experienced developer in C++, Java, C# :wink: What is left of it, is the understanding how software components in distributed system work.

6.) Do you have affiliations that may cause a conflict of interest when reviewing applications? The community would like to know particularly if reviewers are involved with projects as a creator, on the board, or employed. Please list any projects or applications you have affiliations to.


*Note: This will in no way prevent you from being elected to the position. It is the opposite. We seek experienced reviewers that are specialists in different industries. The reviewers with affiliations will not be able to review grants within their category; however, they will be great resources and act as subject matter experts.

7.) Are you willing to sign a legally binding service provider contract and reveal and verify your identity through a KYC process with the legal entity of the Treasury Committee?

Note: KYC is required for this position. If you are unwilling to KYC and sign a service provider contract, you will not be accepted to the Shimmer Community Treasury.

yes - I am willing to KYC and sign a service provider contract with the Shimmer Community Treasury.

8.) Can you commit 10 hours weekly on average to work as a grant reviewer for the Shimmer community over the next 12 months?

yes - I am willing and able to commit 10 hrs a week to the Shimmer Community Treasury.

9.) If you are voted in the top 2 reviewers, you may have the option to join the Growth Committee and work with the TEA representatives. In this case, you may be required to work hours over the required 10 hrs per week. Are you able to commit to this if required?

yes - I am willing and able to commit to the Growth Committee and the Shimmer Community Treasury if required.

10.) Are you willing to sign a service provider contract, including an NDA with the Tangle Ecosystem Association, and respect the Non-Disclosure Agreement if selected as a member of the Growth Committee? Breaking the Non-Disclosure Agreement may bring consequences financially and or legally.

yes - I am willing to sign a service provider contract and Non-Disclosure Agreement (NDA). I absolutely will respect all binding effects within such agreement contracts.

11.) Provide any web links or supporting documentation you would like the community to see when assessing you for the Shimmer Community Treasury Grant Reviewer position.

*Ask around in Bankless Consulting https://www.banklessconsulting.com/
*Check my LinkedIn Profile

12.) What is your long-term vision of the Shimmer Community Treasury? How do you see the Community Treasury affecting the Shimmer & IOTA ecosystem, and what does the Shimmer & IOTA Ecosystem look to you in three years?

We do need kickass use cases for crypto. I see the biggest value in token economies to provide use case, which drives adoption. The easiness of the adoption will be an important metric for success. The web3 industry needs a broad field of cool and promising initiatives to achieve that. IOTA & Shimmer should be part of this vision.

Three years from now the Shimmer & IOTA Ecosystem could be playing a major role in providing real world apps & protocols in a secure environment with lightning speed transactions

Do you support my application as Grant Reviewer?
  • Yes

0 voters


I asked our Grant reviewer candidates if they would agree to take part in this challenge on 19 November with this message sent out to everyone:

Hey, I want to challenge all potential Committee members with a little task.

I want to present you with a grant application and give you one week to come up with an opinion about this application based on the information provided to you. Please put anything that comes to your mind in your response to this message, and if possible, come up with an initial opinion if you would support funding this Proposal.

You may want to use the evaluation matrix developed for the Treasury committee: Shimmer Community Treasury Grant Committee - Version 2

The Proposal is a copy of an original proposal submitted to another Ecosystem Grant program.

I have chosen two types of applications, one that is a bit more developer oriented for the reviewers with experience in software projects and one that is more community/event focussed for the others.

Every Proposal is presented in 3 different versions. I have changed some parameters in every version, so your competitors may be presented with the same Proposal with some small but important changes to the original version.

I hope you agree to this little challenge. It may be interesting for the community to see how different candidates approach this task and to which conclusions they come regarding the grant proposal.

I will DM every candidate with the same text you got here and send them their challenge privately. I hope we can keep this private until the challenge is finished in one week.

Next Sunday, at 11 am CET, I will post the information about the challenge in reply to your application post and will include the response you sent me via DM in this post.

This will, in my opinion, be the fairest process to give everyone the same conditions without revealing a challenge that a competitor has to solve or making answers public that others could consider in their own approach to the problem. So everything will stay with me, and I am the only one who knows who gets which challenge and who replies what until the reveal.

I try to make sure that applicants who are part of the same project do not get the same grant challenge, so they cannot support each other.

Please reply within 24 hours if you agree to this challenge, and I will send you the Proposal.

Thanks again for offering your skills to the community. I hope you find this a fair approach to give the community some better insights.

**This is the publication of @0xMarcus ‘s participation in the Grant reviewers’ Test challenge. More details about the challenge can be found in this post

0xMarkus Grant Review

Proposal: Crypto APIs Shimmer Spending Proposal 1(Underpriced Version 40.000 USD instead of 60.000USD)

I vote for the rejection of the application


  • The project aims to deliver an integration into an API suite to ease the work of developers
  • The API suite is a commercial product
  • The functionality of this project is promised to be for free for the shimmer community. The usage of the whole product suite of the applicant is not included. This lowers the value for the investment drastically
  • The applicant seems to be capable to deliver results
  • No back flow of investment can be found in the proposal
  • It seems the investment would strengthen the product suite of the applicant more than it would provide value to the shimmer community.

Based on the funding priorities this application applies to the following parts of the funding objectives and target areas

  • To increase the utility of the Shimmer network and attract new builders.
  • To promote Shimmer and make it more visible and attractive in the DLT space.
  • To enable projects to establish successful and profitable business models on Shimmer.
  • Developer tooling

Analysis of the applicant

The applicant is an established company which provides API abstraction to various blockchains. Crypto APIs is in business since 2018 and aims to ease the live of developers building blockchain related web3 products.

Summary of the offering

The applicant will provide three products which will be free of charge for the shimmer community.

" This tooling is aimed at every company or developer building an application on Shimmer or integrating Shimmer into an existing wallet, exchange, neobank, payment service provider, etc. We want to democratize blockchain so everyone - from a startup to a large financial institution - can make use of it"

  • An open-source KMS (Key Management System)
  • A pool of shared public Shimmer nodes**
  • A Block explorer**

The Ask*

The applicant asks for USD40,000

Evaluation of the proposal with respect to the funding guidelines

  1. A proposal must be relevant to the Shimmer network and its ecosystem
    The encapsulation of low level coding in an API product, will ease the work of developers and thus create traction to the shimmer ecosystem

  2. A proposal that segregates individuals, organizations, or communities based on sex, race, color, ethnic or social origin, genetic features, language, religion or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation
    No indication found

  3. The committee will prioritize projects with the highest potential and positive impact on the ecosystem compared to the received funding.
    Further investigation needed

  4. Projects that can guarantee a backflow of capital/investment into the community treasury will be evaluated more positively.
    The project does NOT guarantee of backflow of capital/investment into the community treasury

  5. The proposer or team must be capable of delivering the proposed project. Evaluating this is the responsibility of the committee.
    The proposer team is valued to be capable of the delivery

  6. All funded projects must be open source (under MIT, GNU or Apache 2.0 license). Projects in development must allow the grant committee to access any private repos for review. These projects will only receive 50% of the proposed budget untill they fully open-sourced their code.
    It’s planned to make the code, but it will be part of the commercial product of the applicant.This criteria is not fully met

  7. The requested budget must match industry standards for comparable tasks. If a proposal requests way above fair market value, the committee will go into a dialogue with the team to request adjustments. The committee may either reject such a proposal or cut the funding to settle at fair market value.
    The budget of 40K could be roughly transferred to 40-50 man days, which sounds reasonable

  8. If a project has already received funding from the Tangle Ecosystem association, it cannot receive funding from the Community Treasury for the exact scope of work again. But, the committee can grant additional funding for extensions or further developments of such a project.
    No indications found

  9. A proposal that creates any conflict of interest from members of the proposing team or committee members must be reported to the committee Lead. Committee members with conflicts of interest cannot process, comment, or vote on a proposal.
    No indications found

  10. Any attempts of Bribery or offer of future payments, token ownership, or compensations/gifts of any form to committee members will lead to the immediate cancellation of a proposal process. Accepted bribes by committee members will lead to the immediate removal of the members from the committee.
    No indications found