Overview
This proposal seeks funding approval from the Telcoin Association Treasury Safe via the Platform and Treasury Councils to onboard a qualified partner to provide finance, legal, and operational support to the Telcoin Association. The proposed engagement ensures continuity, compliance, and strategic oversight across Association activities — with scalable capacity to adapt as the ecosystem grows.
The scope focuses on the structural backbone of the Association: governance processes, financial compliance, reporting, and council operations. The aim is to enhance transparency, mitigate risk, and enable Telcoin to meet the standards of a global, regulated ecosystem while remaining agile and cost-efficient.
The core desired outcome is to enable members of Telcoin Holdings and the TAO to focus on delivering high-priority milestones and wins without being slowed down by administrative tasks.
Purpose
As Telcoin expands its platform, governance, and ecosystem reach, the operational load on councils and committees has grown significantly. Core activities such as statutory compliance, financial reporting, treasury disbursement, member onboarding, and strategic communications require consistent professional execution.
By engaging a partner under this proposal, the Association ensures:
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Legal and governance compliance under Swiss law and Association statutes
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Transparent and timely financial reporting for councils and auditors
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Professional management of treasury disbursements and reimbursements
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Effective onboarding and orientation of new council and committee members
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Clear documentation and institutional memory through SOPs and knowledge bases
This initiative seeks to protect the Association’s credibility, support council decision-making, and lay the foundation for scalable governance aligned with Telcoin’s decentralization roadmap.
Funding Request
The maximum contract value under this proposal is:
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16,000 CHF per month (equivalent in USDC or TEL)
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46,000 CHF as a reserve to be used only if needed.
Payments will be disbursed quarterly in arrears, subject to contract approval and onboarding.
This cap covers a flexible allocation of services across finance, legal, and operations as detailed below. The partner will provide detailed quarterly reports on hours, activities, and outcomes.
Proposal Structure
Scope of Work
Activities are drawn from the Telcoin Association’s constitution and interviews with ecosystem members. Baseline capacity covers the following:
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Finance Support (approx. 242 hrs/year)
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Annual budget cycle support
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Monthly cash flow & variance reports
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Treasury disbursement oversight
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Expense & reimbursement processing
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Finance policy documentation
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Crypto accounting
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VAT & tax compliance
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Legal Support (approx. 209 hrs/year)
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Statutory & internal compliance
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General Assembly delivery
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Quarterly & annual governance reports
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Audit & treasury compliance liaison
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Conflict resolution support
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Contractual reviews and iterations
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General regulatory compliance advice
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Operational Support (approx. 122 hrs/year)
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Member onboarding & orientation
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Documentation & knowledge base maintenance
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External stakeholder engagement
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Special project surge support (elections, membership drives, ad-hoc initiatives)
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These areas and line items are meant to be indicative, not limiting. Work would likely start on Finance topics and expand from there. The bottom line is to free key members of the Telcoin ecosystem to focus on what matters and move fast.
In addition, as the Telcoin ecosystem is expected to go through significant growth, we suggest adding a reserve of hours to be used for spontaneous needs at the Telcoin Association level:
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Surge Capacity (approx. 138 hrs on call)
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Respond to regulatory changes, additional filings, or speed up audits and reporting.
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Produce quarterly/annual reports and act as a liaison with auditors and treasury.
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Review contracts, provide regulatory advice, and mediate conflicts before they escalate.
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Supplement TAO activity when they are over capacity due to temporary conditions.
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Implementation
The partner will operate under the TAO’s oversight and report monthly to the Platform and Treasury Councils. Engagement will be managed under the following principles:
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Flexibility — allocation of hours across categories based on current priorities
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Transparency — quarterly reporting to councils with activity breakdowns
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Accountability — deliverables, gaps, and time spent by other entities tracked and published
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Scalability — capacity can be increased in future proposals as the Association’s needs and resources grow
Collaboration
In the execution of the mandate, STORM Partners will engage with other Members and service providers. While we will always adhere to the principles of clear separation of responsibilities, collaboration, and consensus, here are specific areas of overlap:
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Fiduciaria Ortelli (FO): We will seamlessly integrate our finance and accounting support with what is already covered by FO or any other service providers, providing submission-ready documents or responding to requests for support. The boundary will be defined by FO’s current scope of provided services—we’ll cover the rest.
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Tim Mahota: Our legal support team will also collaborate directly with Tim, both in his capacity as General Counsel and as a member of the Compliance Council. Generally speaking, we will take charge of routine matters linked to the operation of the Telcoin Association. In contrast, Tim will be responsible for matters related to the overall risks and opportunities of the ecosystem (as GC) and analyzing and voting on legal and compliance aspects of proposals (as part of the Compliance Council).
Evaluation
Success will be measured by:
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Delivery of compliant statutory and governance events (e.g., GA, elections)
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Timely financial reporting and auditor readiness
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On-chain and off-chain treasury disbursements executed without error
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Member onboarding delivered within agreed timeframes
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Council satisfaction with reporting and operational support
Next Steps
If approved:
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At the direction of the Platform & Treasury Councils, the TAO will formalize the engagement via a Master Services Agreement
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The partner will begin work immediately upon contract execution
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Monthly reporting will be presented to the Platform Council, with quarterly presentations at the Treasury and Platform Council meetings
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This TELIP will remain active for 12 months, with renewal or modification subject to future Snapshot voting
Closing Notes
This proposal reflects the Telcoin Association’s commitment to professional, transparent, and resilient governance. By securing dedicated operational capacity, the Association ensures that its councils can focus on strategic leadership while maintaining full compliance with legal, financial, and governance obligations.
We welcome community feedback and discussion ahead of Snapshot voting.
Voting
This TELIP proposes a single-choice vote:
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Yes — Approve engagement of a Finance, Legal, & Operational Support Partner with a contract cap of 16,000 CHF/month with a 46,000 CHF reserve (238,000 CHF/year if reserve used)
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No — Do not approve this TELIP