April 28, 2025 ISC Meeting

Agenda

• Meeting Introduction

• Change in Executive team

• ISC Actions/Update from last week

• Intersect Committee Elections - Progress Update

• Update from Business Function and Committees (If Any)

• AOB & Meeting Close

Attendees:

Name	Attendance	Role	Voting Seat (Y/N)
Simo Simovic	Yes	Secretary	N
Jack Briggs	No	Director of Ecosystem	Y
Nick Cook	Yes	Head of Membership & Community Hubs	Y
YUTA	No	Community Member Seat	Y
Phil Lewis	Yes	Community Member Seat	Y
Thiago Nunes	Yes	Interim Community Member Seat	Y
Pedro Lucas	No	OSC Chair	Y
Samuel Leathers	Yes	Product Chair	Y
Darlington Welsh	No	MCC Chair	Y
Prof. Steven	Yes	Chair of Board of Directors and CBC Chair	Y
Kevin Hammond	Yes	TSC Chair	Y
Seomon	Yes	GMC Chair	Y
Jose Miguel De Gamboa	Yes	CCC Chair	Y
Christian Taylor	No	Head of OSO	N
Lorenzo Bruno	No	Head of Product	N
Matt Davis	Yes	Head of Tech Operation	N
Duncan Soutar	Yes	Secretary of TSC	N
Lloyd Duhon	Yes	Secretary of Budget Committee	N
Larisa Mcfarlane	Yes	Secretary of CCC	N
Terence McCutcheon	Yes	Secretary of OSC	N

Additional Attendees:

• Kyle Solomon - Observer

Key Outcomes & Discussions

1. Executive Team Transition

A temporary redistribution of responsibilities was noted, including support for the budget process and contract coordination. A workshop with the back-office team was scheduled to support this transition.

2. Budget Process & Smart Contracts

The Technical Steering Committee (TSC) requested clarification regarding the budget process and the use of smart contracts, specifically around payment oversight and veto power. It was explained that milestone reviews would occur before payment windows and that an oversight body would have the ability to pause payments if necessary.

3. Organizational Chart & Transparency

There was a proposal to publish a temporary organizational chart to reflect leadership transitions while a permanent executive director is being recruited. The chart would aim to clarify internal roles and enhance community understanding of the organizational structure.

4. ISC Interim Chair & Concerns Review

The idea of electing an interim ISC chair was raised. Clarification was sought on how leadership changes relate to member-raised concerns about the budget process. The board acknowledged these concerns and indicated that they would be addressed at the upcoming board meeting.

5. Budget Non-Approval Contingency

The committee discussed what might occur if Intersect’s budget proposal is not approved. One possibility is that Intersect may act solely as a contract administrator. It was questioned whether entities naming Intersect in their submissions would remain bound to that structure.

6. Election Integrity & Bylaws

Concerns were raised regarding potential manipulation of elections due to the current bylaw structure (e.g., use of multiple accounts). An external audit is in place for the ongoing elections. Members agreed that the bylaws must be revised ahead of the next election cycle in October.

7. Action Tracking & Open Items

A reminder was shared to track all meeting actions using project management tools, such as ClickUp, and to maintain visibility on outstanding items across meetings.

8. Mandate Length & Long-Term Engagement

A proposal was introduced to consider extending committee mandates to two years to encourage long-term planning and consistency. This topic will be brought to the Intersect Governance Working Group for further discussion.

9. Action Items and Next Steps

• Provide a briefing to the TSC on the budget process and smart contract implications.

• Create and publish a temporary organizational chart, acknowledging its transitional nature.

• Develop a contingency plan if the Intersect budget proposal is not approved.

• Ensure action items are tracked in ClickUp with due dates.