Can the anonymous proposer(s) describe in detail the plans and the company or entity in charge of the execution? Who is going to execute the proposal and what is going to do? Do we get a Title/Gold?Bronze sponsorship? What are the contents of the marketing? what brands are gonna be marketed there?

Also, why DED and what is your connection with this token that was just recently airdropped to the treasury?

The marketing will be conducted since August 17th till September 2nd whereas the conference will take place between September 1st and the 7th. How do you explain this discrepancy.

We already had a sockpuppet situation with with one of our Head Ambassadors and this referendum is highly reminiscent of that. Feel free to clarify your plans and identity because as it stands it is a very shaky proposal with many red flags.


Hi Michiko, I mean Giotto-san, I mean 153HL95Sjq1g3vs2pNw4zLr3

We should consider selling all our DED holdings for DOT and distancing ourselves from this project. It's not worth risking Polkadot's reputation by being associated with what appears to be a scam.

Polkadot has already faced enough through Michiko, I mean Giotto.

@Screaming_Eagle, I don't think you read my questions. The only token I was talking about was the DED token. What is your plan? You didn't answer any of my questions.

Voted Nay.
Simple... too much missing information/details about the proposal

How is Polkadot supposed to profit from this proposal? DED is a privately held coin by Michiko Wata—sorry, I mean Giotto. There’s no benefit for Polkadot to spend anything on DED marketing.

I propose to use approximately 59 million $DED from the Polkadot Treasury to conduct a targeted marketing campaign for the Korean speaking community prior to Korea Blockchain Week (KBW) 2024 in Seoul, South Korea. The requested funding will provide the $DED Project on Polkadot with international marketing exposure via Naver Cafe, which is the largest social networking service in South Korea. The proposed marketing campaign will run from 17 August to 02 September 2024 with the option to extend the campaign for an additional week at a discounted rate during KBW if needed. KBW is an annual global blockchain and web3 festival held that will take place from 02 - 07 September 2024 in Seoul, South Korea.

- The proposal seeks to use 59 million $DED from the Polkadot Treasury for a marketing campaign targeting the Korean-speaking community.
- The campaign aims to increase international exposure for the $DED Project on Polkadot.
- It will be conducted through Naver Cafe, the largest social networking service in South Korea.
- The campaign is scheduled to run from August 17 to September 2, 2024, with an option to extend for an additional week at a discounted rate.
- The extension would coincide with Korea Blockchain Week (KBW) 2024, which takes place from September 2 to 7, 2024, in Seoul, South Korea.
- KBW is an annual global blockchain and web3 festival.

assetKind

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medium_spender

WHO: The proposal is made by an unknown individual or group.
WHAT: Use $59 million from the Polkadot Treasury to conduct a targeted marketing campaign for the Korean speaking community prior to Korea Blockchain Week (KBW) 2024 in Seoul, South Korea.
PRICE/TIMEFRAME/RESOURCES: The proposed marketing campaign will cost $59 million and will run from 17 August to 02 September 2024, with an option to extend for an additional week at a discounted rate during KBW if needed.

Proposal to use $DED to Conduct Targeted Marketing during KBW 2024

root

whitelisted_caller

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

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referendum_canceller

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big_tipper

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Origin able to dispatch a whitelisted call.

Origin for signaling that the network wishes for some change

Origin able to cancel slashes and manage minimum commission.

Origin for spending up to 10,000,000 DOT from the treasury as well as generally administering it.

Origin for managing the composition of the fellowship.

Origin able to spend around 250 DOT from the treasury at once.

Origin able to spend around 1,000 DOT from the treasury at once.

Origin able to spend around 10,000 DOT from the treasury at once.

Origin able to spend around 100,000 DOT from the treasury at once.

Origin able to spend up to 1,000,000 DOT from the treasury at once.