Polkadot Community Foundation <> Ledger - Giveaway to Increase 𝕏 Followers

Summary:

Polkadot Community Foundation and Ledger will partner to run a Ledger Flex giveaway (50pcs) on social media. Participants must follow Polkadot’s and Ledger’s 𝕏 account and repost the giveaway.

The participation mechanics are designed to create a snowball effect and drive even more followers/entries. By giving away 50 Flex units (retail value of €245), we anticipate a lot of excitement/participation on Crypto Twitter and thousands of new followers to the Polkadot and Ledger accounts. Two Flex units will be used for creating content/images to be used in the giveaway.

Watch my explanation of the proposal here, where I also address many of the questions in the comments:

Polkadot Community Foundation <> Ledger - Giveaway to Increase 𝕏 Followers
→ https://t.co/PMZvkah4nx @ET90266 ↯ pic.twitter.com/SgNCrpsVFJ

— The Kus (@TheKusamarian) September 27, 2024

Objectives

Drive tens of thousands crypto-enthusiasts to follow the @Polkadot and @Ledger 𝕏 Accounts.
Raise awareness and create excitement around Polkadot and the new Ledger Flex device.
Give back to the community.

Request

11,506 USDT for 52 Ledgers + up to 9,000 USDT for legal fees (contract review, terms & service review, KYB, fiat payment services etc.)
Note: 9,000 USDT for legal fees includes a buffer. Invoices from the law firm will be provided to the Polkadot DAO, and all unspent USDT will be returned to the Treasury.
We are receiving the 52 units at a ~20% discount, €199 each.

Recipient: Polkadot Community Foundation Pure Proxy

Giveaway Overview

The giveaway will be a collaborative effort between Polkadot and Ledger. Both Twitter accounts will post an image of the Ledger Flex device, with supporting text, that instructs followers to:

Like the post
Quote Repost either Polkadot’s or Ledger’s post
Follow both @Polkadot & @Ledger
Leave a comment on the post

Giveaway Timeline

Announcement Date: within three weeks of funds being distributed
Promotion Period: 2 Weeks from the time of announcement date
Winners Contacted: no more than 7 days after the end of Promotion Period

Criteria and Selection of Winners

50 winners will be randomly selected using https://app.thexpicker.com/ or similar website.
Winners must fulfill all requirements (liking post, QRT, commenting and following @Polkadot & @Ledger
No purchase is necessary to participate in the giveaway. Winning accounts will be contacted to verify they are not bot accounts. Bot accounts will be disqualified.
50 vouchers will be distributed to 50 unique winners.
Winners will then use the voucher code to order their Ledger Flex from the Ledger website. The voucher also covers shipping costs.
A Terms & Conditions document will cover all entry rules, and will be publicly shared by the Polkadot account prior to the giveaway.
Note: Ledger does no ship all counties, the full list will be shared in the terms & conditions.

Funds

The funds will be distributed to the Polkadot Cayman Foundation, and then converted to fiat for payment to Ledger.
After Ledger has received the payment, Ledger will share the 50 voucher codes with the Polkadot Social Media Editorial Board, and the giveaway will commence with the Announcement Date.

Polkadot Community Foundation and Ledger are partnering for a social media giveaway of 50 Ledger Flex devices. Participants must follow both Polkadot and Ledger's accounts and repost the giveaway to enter. The goal is to increase followers and create excitement around Polkadot and Ledger Flex. The giveaway will be announced within three weeks of funding, run for two weeks, and winners will be contacted within a week after the promotion period. Winners will be randomly selected and must meet all entry requirements. They will receive a voucher to order their Ledger Flex, covering shipping costs. Ledger does not ship to all countries, and a list will be provided in the terms and conditions. The funds will be converted to fiat for payment to Ledger, and after payment, Ledger will share the voucher codes with the Polkadot Social Media Editorial Board to commence the giveaway.

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