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>>It would be bad form of me to not explain the incredible flexibility shown by Solana in terms of how they handled my payout. I intended to donate the funds to
by zenincognito 4y ago
>>It would be bad form of me to not explain the incredible flexibility shown by Solana in terms of how they handled my payout. I intended to donate the funds to the Texas A&M Cybersecurity Club, at which I gained a lot of the skills necessary to perform this research and these exploits, and Solana was very willing to sidestep their listed policy and donate the funds directly in USD rather than making me handle the tokens on my own, which would have dramatically affected how much I could have donated due to tax. So, despite my concerns regarding their policy, I was very pleased with their willingness to accommodate my wishes with the bounty payout.
I am not sure how old the author is but I find these donations incredibly generous and sometimes fail to comrehend such generosity. Sure you got an education at this place but was it worth 200K ? I am not trying to look at the action of the author in any disdain but am genuinely amazed at how such a young person will have such tremendous generosity.
- bsilvereagle 4y agoIt looks like this donation went directly to a student organization. In my experience student organizations receive a nominal (~1k) amount of funding from the University per year, which could then be supplemented by company sponsorships, fundraising, etc. So while the University at large has an endowment, the specific Cybersecurity Club does not.
- totetsu 4y agoSounds like a headache for that club's executive members
- phdelightful 4y agoAs an executive member of a nonprofit, this was exactly the kind of headache I hoped for. You can do as lot of good with $100K. Definitely worth the trouble.
- joncrane 4y agoThis is one of those "great problems to have" that people talk about.