# ATOM Accelerator DAO Transparency Report 6 **URL:** \ **Category:** AADAO\ **Created:** [May 10, 2024, 2:53pm UTC](https://forum.cosmos.network/t/atom-accelerator-dao-transparency-report-6/13807 "2024-05-10T14:53:29Z")\ **Posts on this page:** 1\ **Showing post:** 3
**Author:** ![Govmos](https://yyz1.discourse-cdn.com/flex031/user_avatar/forum.cosmos.network/govmos/32/5806_2.png) [@Govmos](https://forum.cosmos.network/u/Govmos)\ **Post date:** [May 13, 2024, 11:05am UTC](https://forum.cosmos.network/t/atom-accelerator-dao-transparency-report-6/13807/3 "2024-05-13T11:05:49Z")
The information provided in this report effectively counters claims that the Atom Accelerator DAO (AADAO) lacked transparency. It’s clear that these claims are unfounded. At Govmos, we’ve examined countless financial reports over the years, and we appreciate the value of detailed data. While there’s always room for enhancement, the AADAO’s commitment to transparency in the Atom Economic Zone (AEZ) is commendable. Analyzing the data ourselves allows us to pinpoint key areas of concern, fostering well-reasoned discussions to address potential issues. On the financial front, we found no irregularities. The ratios in both spending and compensation align with industry standards. > [@Damien](#): > > # 11. Venture Grants > > As [discussed during our mandate renewal](https://forum.cosmos.network/t/proposal-895-accepted-funding-atom-accelerator-dao-for-2024/12249), the Atom Accelerator DAO has begun to deploy Venture Grants. > > While the Cosmos Hub birthed the ecosystem that now has more than 110 chains, due to the public nature of IBC and the Cosmos SDK, it has been difficult to monetize and invest in entrepreneurial chain creation to date. Venture Grants aims to solve this. Regarding the new prospective shared on venture grants: On this front, we are well aligned with the points raised by @Cosmos_Nanny and we also agree to say that more clarifications would lead to a better community understanding and acceptance. On this regard we note that efforts have already be made in that direction and we appreciate that, we invite the AADAO to keep communicating openly on this new venture. > [@Damien](#): > > ## Increased Engagement for Governance > > We are increasing our engagement within Cosmos Hub Governance discussions. We have appointed Carter as our Governance Lead to source ideas and seek any potential engagement we can have. Of course we are please to read this and we have also noticed this increased presence of the AADAO within the forum. We appreciate this as it feels important to keep feeling the heartbeat of the ecosystem and its demands by constantly sourcing information from the forum. Regarding this topic, we have recently raised the community’s attention on a topic that seems essential to us: > [@Temperature Check: Building a Talent Hub for Cosmos](https://forum.cosmos.network/t/temperature-check-building-a-talent-hub-for-cosmos/13789/3): > > We think the ecosystem as whole should approach this topic as a necessary public-good funding. The key argument we shared relates to the fact that there will be an inevitable bottleneck in the future if this situation is not addressed preemptively. We are currently relying on foundations and DAOs which won’t be able to follow the demand as it scales. Moreover, creating a decentralized platform to take over the charge will require extensive work to be designed, specified, built, tested, and lastl… We look forward to have the AADAO’s contribution to this public discussion phase. * * * Thank you for reading this post! Govmos [![pro-delegators-sign](https://canada1.discourse-cdn.com/flex031/uploads/cosmos1/original/2X/3/3d138289b87945115dfe59a6604e139bf36aeb94.png)](https://forum.cosmos.network/t/pro-delegators-validator-profile/12956) --- _[View the full topic](https://forum.cosmos.network/t/atom-accelerator-dao-transparency-report-6/13807)._