Validate data and earn $CR2 rewards

Data validation is one of the critical feature in CR Square ecosystem and first of its kind in web3 community.

Features

Assess

Asses proposal request raised by founders

Verify

Verify founders data by using multiple parameters.

Approve

Approve or reject the proposal.

Validator Programme

Frequently Asked Questions

1.Who is a Validator in the CR Square Finance Ecosystem?
A Validator is a person who assesses and verifies data of the founder's project progress as per proposal request raised by founders. An independent assessment for approval and rejections is made based on multiple parameters.
2.How to become a Validator in the CR Square Finance Ecosystem?
An Independent third party validator should have prerequisite experience in the fields of Blockchain, Auditing, Investments, Product Development and Management. He/she can apply through the following Link. The application is vetted by the CR Square Finance Team and is subject to approval by the CR Square DAO Members.
3.What are the minimum requirements of becoming a Validator?
4.What are the functions of a Validator?
Validators verify pending request proposals raised by founder's which will be in live for 24 hours. He/She needs to verify the uploaded data based on multiple parameters to approve or reject the proposal with detailed explanations and remarks. Proposals need to be reviewed on the basis of Budgeted Vs Actual Expenditure Data, including the supporting documentation and proposed timeline vs actual project implementation data.
5.What are the benefits of being a Validator?
Validators are incentivized in CR2 tokens for approving or rejecting each pending proposal. Further, additional CR2 Rewards for being a part of the monthly top performers based on multiple parameters.
6.Do I need to provide my KYC to be a Validator?
Yes, KYC data needs to be provided along with other information for considering the application of CR Square Finance Validator.
7.How Secure is my KYC?
KYC data is stored in decentralized data storage, like StackOS. Please read the Privacy Policy.
8.What is the Process of Validation?
Validation process step to step basis:
a. Founder's raise investment proposal to Investors via CR Square Finance Guardian.
b. Funds for the proposal raised are sent to the Escrow Pool account by Investors.
c. Validators verify pending requests within 24 hours of proposal raised and provide feedback along with remarks.
d. After receiving minimum three validations for a proposal request subject to majority consensus, Funds will be transferred to the Founder's wallet from Escrow Pool. In case of a majority rejection of the proposal, the Investor's will have discretion to still approve the funding proposal.
e. In Case of Rejection the Founder's can create proposals again based on the remarks provided by the validators.
f. If a project fails in 3 continuous proposals the investor's funds are unlocked from the Escrow Pools.
    9.Can a validator be removed?
    Validator's quality would be reviewed and rated by the CR Square Team, Investors and DAO Members. Any Validator with continuous rating of below 5 out of 10 would be considered for removal by CR Square DAO Members.
      10.Will a Validator be rated for their performance?
      DOA members and Investors provide ratings for each validation based on the quality of the feedback and remarks provided by the validator.
        11.Is a Validator visible to the public ?
        Validators data is available only to the Investors and DAO Members.

          1.Who is a Validator in the CR Square Finance Ecosystem?

          A Validator is a person who assesses and verifies data of the founder's project progress as per proposal request raised by founders. An independent assessment for approval and rejections is made based on multiple parameters.

          2.How to become a Validator in the CR Square Finance Ecosystem?

          An Independent third party validator should have prerequisite experience in the fields of Blockchain, Auditing, Investments, Product Development and Management. He/she can apply through the following Link. The application is vetted by the CR Square Finance Team and is subject to approval by the CR Square DAO Members.

          3.What are the minimum requirements of becoming a Validator?

          Requirements to become a Validator in CR Square Finance Ecosystem as given below:

          • Having mandatory 2 or more years experience in the Blockchain Industry.
          • Having experience in either of the fields of Accounting, Auditing, Investments, Product Development and Management.

          4.What are the functions of a Validator?

          Validators verify pending request proposals raised by founder's which will be in live for 24 hours. He/She needs to verify the uploaded data based on multiple parameters to approve or reject the proposal with detailed explanations and remarks. Proposals need to be reviewed on the basis of Budgeted Vs Actual Expenditure Data, including the supporting documentation and proposed timeline vs actual project implementation data.

          5.What are the benefits of being a Validator?

          Validators are incentivised in CR2 tokens for approving or rejecting each pending proposal. Further, additional CR2 Rewards for being a part of the monthly top performers based on multiple parameters.

          6.Do I need to provide my KYC to be a Validator?

          Yes, KYC data needs to be provided along with other information for considering the application of CR Square Finance Validator.

          7.How Secure is my KYC?

          KYC data is stored in decentralized data storage, like StackOS. Please read the Privacy Policy.

          8.What is the Process of Validation?

          Validation process step to step basis:
          a. Founder's raise investment proposal to Investors via CR Square Finance Guardian.
          b. Funds for the proposal raised are sent to the Escrow Pool account by Investors.
          c. Validators verify pending requests within 24 hours of proposal raised and provide feedback along with remarks.
          d. After receiving minimum three validations for a proposal request subject to majority consensus, Funds will be transferred to the Founder's wallet from Escrow Pool. In case of a majority rejection of the proposal, the Investor's will have discretion to still approve the funding proposal.
          e. In Case of Rejection the Founder's can create proposals again based on the remarks provided by the validators.
          f. If a project fails in 3 continuous proposals the investor's funds are unlocked from the Escrow Pools.

          9.Can a validator be removed?

          Validator's quality would be reviewed and rated by the CR Square Team, Investors and DAO Members. Any Validator with continuous rating of below 5 out of 10 would be considered for removal by CR Square DAO Members.

          10.Will a Validator be rated for their performance?

          DOA members and Investors provide ratings for each validation based on the quality of the feedback and remarks provided by the validator.

          11.Is a Validator visible to the public ?

          Validators data is available only to the Investors and DAO Members.

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