Societal: Advanced Treasury, Governance and Member Management Systems for Decentralized Communities

Dear Polkadot Community,

My name is Graeme Fox - Co-Founder & CEO of Societal. Societal is building a parachain that makes it easy to organize, govern, and grow on-chain communities. Its streamlined SaaS application is the ideal platform to run any Polkadot community’s operations, including the creator economy, protocols, social clubs, gaming, DAOs, and more.

Societal is asking for $135,477.72 USD / 26,616 DOT in treasury funding to provide the ecosystem with a platform for community (token holder) operations and governance. Our application will work with any tokenized project in the ecosystem that is looking to add governance, treasury, and community management services to their operations.

Earlier this Summer, Societal previously submitted a referendum for treasury funding, which you can find here. The proposal made it to the confirmation period twice, however it was aborted in the final hours and did not pass. We believe that we answered all the questions that were asked about the proposal to the best of our ability, and were pleased to see a strong community discussion and voter turnout. Our conclusion from the previous proposal is that the amount asked for was too large, especially as it was our inaugural ask for funding. We have gone back to the drawing board, and reduced the proposal by ~$52k.

The reduction in the amount does come with a slightly smaller scope of work. We want to continue to prove ourselves as builders in the ecosystem and hope that we can be given the chance to do so with the new proposal amount.

Societal has already completed most of the work required to become the operating system for decentralized communities in the Polkadot ecosystem. We are seeking funding to complete an array of final features of the product, including token import, governance, and proposal features, along with the management UI to support them. We will also use the funding to conduct final testing and to start onboarding users. These features will allow new and existing communities in the ecosystem to have access to a full suite of governance, treasury, and member management systems.

Please find the revised proposal here. It would be great to hear your input and questions about our proposal and hope that the new amount suits the community.

Societal’s Track Record/Accomplishments below:

Attended Inaugural Polkadot Blockchain Academy
Inaugural Polkadot Relayers Secured
Three Web 3 Foundation Grants — Grant 1, Grant 2, Grant 3
Accepted to Substrate Builders Program and Submitted Milestone 2
Multiple Polkadot Panel Discussions - Academy Alumni, ETHDenver
Rococo Testnet Deployment
Product Walkthrough Videos
Scytale Academy Graduate
Accepted to Berkley Blockchain Accelerator 2023
Cross Ecosystem Engagement Initiatives

More information about Societal can be found here:

Societal is a company building a parachain for organizing, governing, and growing on-chain communities on Polkadot.
They are requesting $135,477.72 USD (or 26,616 DOT) in funding to complete their platform, which includes governance and community management features.
Societal previously applied for funding but did not succeed; they have now reduced their request by about $52,000.
The company has already completed much of the work needed for their platform and aims to finish final features with the new funding.
Societal has a track record of accomplishments, including Web 3 Foundation Grants, participation in the Polkadot Blockchain Academy, and deployment on the Rococo Testnet.
They are part of the Substrate Builders Program and have been accepted into the Berkley Blockchain Accelerator.
More information about Societal can be found on their website, whitepaper, and documentation.