Below are our forecast and actuals for Feb-Mar 2023. Actual Code4 expense ended up higher due to additional staff and a handful of temporary contractors.

Current Period Request

Below is our forecast for Q2 and Q3 2023, which includes the difference between forecast and actual for Feb-Mar, and actuals for April. Competition in the marketplace has increased significantly and, as mentioned in C4IP-21, we are now able to accelerate the growth of Code4rena and increase its service to a broader swath of the crypto community. Indeed, the addition of Paradigm to our community has already resulted in several new beneficial connections and audit sponsors, not to mention invaluable strategic feedback and guidance. Code4 is also growing its team to meet the needs associated with Code4rena’s growth goals.

Code4 requests a budget of $2,797,344 to accommodate this forecasted budget through Q3 2023.