Guestlist+1: Polkadot becomes the Center of Gravity for Blockchain x Music

Medium Spender
1d 2hrs ago
4 Comments
Deciding
Content
AI Summary
Reply
Up
Share
Request
388.76KUSDC
Status
Decision28d
Confirmation4d
Attempts
0
Tally
0%Aye
100%Nay
Aye
0DOT
Nay
24.09KDOT
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support0.00%
5,000.1DOT
Issuance
1.55BDOT
Votes
Nested
Flattened
Calls
Call
Metadata
Timeline3
Votes Bubble
Statistics
Comments

Appreciate the initiative and the energy around music x Web3, and the visuals in the deck are polished, but I can't support this proposal without a detailed breakdown of how the $388,760 is being allocated. Most importantly, how did previous refs go, and where are the tangible interactions. What did they add to the ecosystem?

Key questions:

Where is the money going? There’s no budget or cost structure provided. Even the canva link attached has copy-paste sections from all the previous proposals, without any clear showcase of results. How does this really benefit Polkadot?
Are any of the other names mentioned in the proposal being paid? If so, how much and for what services?
How much is Beatport charging?
How much is going toward production, travel, team compensation, and marketing?
Also, the podcast you linked has ~600 views. Can you justify the ROI based on current traction?

Regarding past proposals:
#1392 (“bash” events: March–July 2025): 452K USDC
#1141 (Billfold onboarding): 1.18M USDC

From the Billfold proposal:
“The CAC is $0.33 per user TO BEGIN WITH… Every new user added to Billfold will automatically get and transact with a Polkadot wallet.”

You also promised:
3M+ Billfold users
2M new users
Millions of wallet interactions

Where are these results? Are there any reports or verifiable data you can share? I understand there will be another ref from you in June; I hope you can provide these data.

Also, your published budget for #1392 shows a discrepancy or shortage of $780. Is this what the retroactive funding mentioned in the current proposal is referring to?

Support the mission, but not without transparency and accountability.

Reply
Up

lean-on-me.gif

Reply
Up