VOTE NAY. Wrong currency - resubmitting as stables

Medium Spender
9d ago
2 Comments
Deciding

This treasury proposal for funding the JAMTON project will be resubmitted with a new one with the correct currency as stablecoin.

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20,428DOT
Status
Decision28d
Confirmation4d
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0
Tally
0.1%Aye
99.9%Nay
Aye
26,775DOT
Nay
37.71MDOT
  • 0.0%
  • 0.0%
  • 0.0%

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Support(0.00%)
25.78KDOT
Issuance
1.51BDOT
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Comments

Please reconsider proposing the same project, which was already downvoted by the community. With only ~3,000 followers on Telegram, it's unrealistic to expect that your project will attract even 10% of the 950 million Telegram users to Polkadot, so I'm not sure why you keep including this sales speech in your proposals when the data point has no relevance. Additionally, this referendum should be requesting funds in USDT which the treasury has a lot of currently, not $DOT which has a volatile price especially as of late. There is no mention of the proposed costs and timeline for "Stage 2" development work, as this proposal is only covering "Stage 1" in Q1 of 2023. It's important to know the full scope of the project, budget, and timelines otherwise we could be committing prematurely to a project that has a lot of hidden costs that are not obvious at first glance.

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