# June 30, 2025 ISC Meeting ## Agenda * Committees Update * ISC Actions/Update from last week * Committee Funding after TW * Clarifying the Scope and Expectations of Oversight by committees on Funded Proposals * AOB & Meeting Close ## Attendees: | Name | Attendance | Role | Voting Seat (Y/N) | | ---------------------------------------------------- | ---------- | ------------------------------- | ----------------- | | [Simo Simovic](mailto:simo.simovic@intersectmbo.org) | No | Secretary | N | | Jack Briggs | Yes | Interim Executive Director | Y | | Nick Cook | No | Director - Operations (Interim) | Y | | YUTA | No | Community Member Seat | Y | | Phil Lewis | Yes | Community Member Seat | Y | | Sheldon Hunt | Yes | Community Member Seat | Y | | Fred Tanaka | Yes | Community Member Seat | Y | | Pedro Lucas | Yes | OSC Chair | Y | | Samuel Leathers | Yes | Product Chair | Y | | Darlington Welsh | Yes | MCC Chair | Y | | Kristijan Kowalsky | Yes | CBC Chair | Y | | Kevin Hammond | Yes | TSC Chair | Y | | Wes Parkison | No | GMC Chair | Y | | Nicolas Cerny | Yes | Interim CCC Chair | Y | | Christian Taylor | No | Head of OSO | N | | Lorenzo Bruno | Yes | Head of Product | N | | Matt Davis | No | Head of Tech Operation | N | | Duncan Soutar | Yes | Secretary of TSC | N | | Lloyd Duhon | Yes | Secretary of Budget Committee | N | | Larisa Mcfarlane | No | Secretary of CCC | N | | Terence McCutcheon | Yes | Secretary of OSC | N | \ Additional Attendees: Kyle Solomon - Observer Thiago Nunes - Observer Elaine Kardennis - Observer ## Discussion/Action: ### 1. Committee Updates * Open Source Committee: Developer Advocates program received 30 sign-ups. Ecosystem development report planning underway with external technical partner. * Technical Steering Committee: Engaged with Product and GMC committees on the 2030 Vision. Monitoring for potential intra-era hard fork. * Budget Committee: Planning for a budget retrospective and a more inclusive 2026 process. DReps and community involvement emphasized, with kickoff expected in two weeks. * Product Committee: Canada and Rare workshops planned. Outreach to businesses building on Cardano to inform long-term vision continues. * Civics Committee: OKR workshops concluded; concrete recommendations expected shortly.
### 2. Budget Process Role Discussion * Clarification needed on whether Intersect’s role is to manage the ecosystem-wide budget or only for its own members. * Feedback invited via Discord post. Workshops and consultations to follow.
### 3. Consultant Transition Plan * Transition of one consultant underway with no direct replacement. * Hiring expected to begin for community-facing roles with Cardano-native profiles. ### 4. Smart Contract Framework and Oversight * Smart contract framework approved; audits by MLAB and TXPipe pending. * Oversight committee of five entities to verify fund disbursement accuracy. * No unilateral actions allowed within the contract permission structure. ### 5. Contingency Planning * Even if Intersect’s budget proposal is not approved, execution of the 39 funded proposals is secured. * Full contingency plan still in development. ### 6. Board Election Update * Governance working group recommendations accepted by the board with two changes: * Six-month continuous membership required to participate. * Membership clock resets if renewal occurs after 6+ months of lapse. * Four board seats will be up for election in October, with mixed one- and two-year terms based on vote count. * The process seen as a successful demonstration of bottom-up governance coordination. ### 7. Committee Funding * Only Product and Open Source Committees currently have dedicated budgets. * Other committees may submit proposals or request ad hoc funding, but no structured framework exists yet. * Desire for predictable funding access and clarity around stipend models for committee participation. *** ## Next Steps / Action Items * Budget Committee to finalize retro plan and kickoff structure, ensuring broad participation. * All members encouraged to comment on the Discord post regarding Intersect’s budgeting role. * Governance Working Group to reconvene this week to determine next topics (e.g., committee application processes, decision-making frameworks). * Board/Exec Team to document and share the consultant transition plan and hiring roadmap. * Intersect team to finalize and publicly document the smart contract deployment process and oversight configuration. * Board to complete and publish the contingency plan for Intersect’s budget failure scenario. * Committees without budgets to outline potential initiatives requiring funding and share them with the ISC. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://steeringcommittee.docs.intersectmbo.org/committee-meeting-notes/2025-meeting-notes/june-30-2025-isc-meeting.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.