The full proposal can be found in a Google Doc here. For the sake of brevity, this post is in Q&A format.
**Q: Is this yet another resubmission of the failed Ref 731?
**A: No. The previous Ref asked for a discretionary budget of $1m for a much larger series of unspecified investor events. This Ref on the other hand has a much smaller budget for a clearly defined series of 5 events by a single organiser (Prestel and Partners).
**Q: Why are you not applying to the Events Bounty?
**A: We tried! However, bounty curators rejected it on 9 November, arguing that since a similar proposal failed in OpenGov in the past, they are unable to fund it.
**Q: Is the sponsorship for Polkadot or for HIC?
**A: For Polkadot. HIC will merely be the organiser of the events on behalf of Polkadot. (Similarly to WebZero being the organiser of the latest Sub0, for example).
**Q: What investments will be promoted through the event series?
**A: Our presentation at the events will be primarily educational, not a sales event, and focused on Polkadot’s technology and the application layer. We will not promote any direct investments or actively solicit investments for the HIC Polkadot Fund on stage.
**Q: Who can be a speaker on behalf of Polkadot at these investor events?
**A: Anybody! If you would like to be considered, please email max@harbourindustrial.com.
**Q: When and where will the 5 summits take place?
**A: 4-5th February 2025 (Riyadh), 18-19th February 2025 (Dubai), 29-30th April 2025 (Singapore), 28-29th May 2025 (Istanbul), 2-3rd July 2025 (London).
**Q: How was Prestel and Partners chosen?
**A: Prestel and Partners is one of the world’s premier organisers of traditional investor conferences. Their clients include some very prominent family offices who we want to expose to Polakdot at these conferences.
Q: Why are you doing 5 summits?
A: Reducing the scope from 20 summits to 5, is in response to the most common request by voters in the previous failed Ref. 5 summits was the minimum package the organiser ageed on.
**Q: Why should Polkadot participate in traditional investor conferences rather than focus on established crypto conferences?
**A: To get outside the crypto echo chamber and attract new traditional institutional capital to Polkadot.
**Q: Why is HIC leading this?
**A: In a decentralised ecosystem, for something to happen, somebody needs to take the initiative. As a Polkadot-focused fund, we are well positioned to speak to traditional investors in a language they understand.
**Q: Is HIC making any money from this?
**A: As a matter of fact, no! As can be seen in the budget breakdown, we are not requesting any treasury funds for our time and effort spent in organising these events.
**Q: Why should the treasury fund this?
**A: Educating traditional investors about Polkadot is one of the easiest ways to attract new external capital to the ecosystem. This will benefit everyone through more funding becoming available for Polkadot-based projects, as well as increased external buying pressure for DOT.
The full proposal can be found in a Google Doc here. For the sake of brevity, this post is in Q&A format.
**Q: Is this yet another resubmission of the failed Ref 731?
**A: No. The previous Ref asked for a discretionary budget of $1m for a much larger series of unspecified investor events. This Ref on the other hand has a much smaller budget for a clearly defined series of 5 events by a single organiser (Prestel and Partners).
**Q: Why are you not applying to the Events Bounty?
**A: We tried! However, bounty curators rejected it on 9 November, arguing that since a similar proposal failed in OpenGov in the past, they are unable to fund it.
**Q: Is the sponsorship for Polkadot or for HIC?
**A: For Polkadot. HIC will merely be the organiser of the events on behalf of Polkadot. (Similarly to WebZero being the organiser of the latest Sub0, for example).
**Q: What investments will be promoted through the event series?
**A: Our presentation at the events will be primarily educational, not a sales event, and focused on Polkadot’s technology and the application layer. We will not promote any direct investments or actively solicit investments for the HIC Polkadot Fund on stage.
**Q: Who can be a speaker on behalf of Polkadot at these investor events?
**A: Anybody! If you would like to be considered, please email max@harbourindustrial.com.
**Q: When and where will the 5 summits take place?
**A: 4-5th February 2025 (Riyadh), 18-19th February 2025 (Dubai), 29-30th April 2025 (Singapore), 28-29th May 2025 (Istanbul), 2-3rd July 2025 (London).
**Q: How was Prestel and Partners chosen?
**A: Prestel and Partners is one of the world’s premier organisers of traditional investor conferences. Their clients include some very prominent family offices who we want to expose to Polakdot at these conferences.
Q: Why are you doing 5 summits?
A: Reducing the scope from 20 summits to 5, is in response to the most common request by voters in the previous failed Ref. 5 summits was the minimum package the organiser ageed on.
**Q: Why should Polkadot participate in traditional investor conferences rather than focus on established crypto conferences?
**A: To get outside the crypto echo chamber and attract new traditional institutional capital to Polkadot.
**Q: Why is HIC leading this?
**A: In a decentralised ecosystem, for something to happen, somebody needs to take the initiative. As a Polkadot-focused fund, we are well positioned to speak to traditional investors in a language they understand.
**Q: Is HIC making any money from this?
**A: As a matter of fact, no! As can be seen in the budget breakdown, we are not requesting any treasury funds for our time and effort spent in organising these events.
**Q: Why should the treasury fund this?
**A: Educating traditional investors about Polkadot is one of the easiest ways to attract new external capital to the ecosystem. This will benefit everyone through more funding becoming available for Polkadot-based projects, as well as increased external buying pressure for DOT.
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