The current and new system is post-emptive. I think we just need something to track people and companies as they use our system. I think you're thinking I'm trying to solve the human element. The human element in a system like this is critical to it's success.
As I say, I can understand the basis, I just don't see why a project submission template has to be coded into the blockchain.
Whats wrong with this process ?
Proposer: "I've got this proposal"
Arbitrators: "It's a bit vague, could you submit a more structured proposal with some milestones"
Proposer: "Ok"
The way I see proposals for funding projects, they must match minimal structure with at least first 4 dimensions:
1. Scope
2. Budget
3. Delivery time frame (or milestones)
4. Quality of delivery (satisfaction of sponsor/community)
5. Metrics and KPIs
...
Without structure any proposal is very fluidly described and could lead to wasting of time and dash...
If blockchain could help in structuring and reporting great... but I think it is more at the entrance stage of proposal where we should focus with defining rules..
in other words trash IN, most likely trash OUT is coming