![](https://i.ibb.co/yqbHJZh/Banner-Teddytw.png)

_**TL;DR**_

Lucky Friday seeks a medium spender disbursement from the Polkadot Treasury in the amount of 45,074 DOT in order to improve the Teddy DAO product and co-market it alongside the Polkadot brand. The requested amount will be delivered to, and administered by, a multisig account. Once received, Teddy DAO can use these funds to directly support the future development of the project as well as marketing initiatives aimed at bringing new users to the Polkadot ecosystem, including traditional Web2 donors.

All details regarding our team, its past achievements, as well as the plan for how we will use the funding can be found in the complete proposal [_**HERE**_](https://docs.google.com/document/d/1c_Anh4Cll-W_6csfGGUiIWkBG47k0kkuyLVV9mcGm9M/edit?usp=sharing)

Key highlights from the proposal:

-   We have partnered with JustGiving, one of the largest online donation platforms in the world that has raised over £6bn for charity
-   100% of funds are used to support charity; 1.9% B2B fee goes to JustGiving for payment processing, and the remaining 98% goes to the charity of the donor’s choice The Teddy DAO Foundation is a registered 501(c)(3)
-   With nothing beyond organic marketing, Teddy DAO has already raised nearly $13K and seen 4 new users to the ecosystem win a Teddy as well as multiple others joining the community to learn more about the ecosystem
-   Our all time high donation thus far was 5000 GLMR or ~ $1200 USD at the time 

We are ecosystem agents who believe in the power of Polkadot and its future promise. We believe that Teddy DAO has the potential to become the most widely recognized brand for charitable giving in all of Web3, and we hope the token holders will help us accomplish this mission on behalf of our entire community.

Thank you in advance for your consideration, comments, and support.

Gratefully,

The Lucky Friday Team

Lucky Friday is asking for 45,074 DOT from the Polkadot Treasury to improve Teddy DAO and work with the Polkadot brand. Teddy DAO is a project that helps people give to charity using the Polkadot network. They want to use the money to make the project better and tell more people about it. 

Teddy DAO has already worked with JustGiving, a big online donation platform, and has raised almost $13,000. They give all the money to charity, and only a small fee goes to JustGiving for payment processing. Teddy DAO is a registered charity.

The Lucky Friday Team believes in Polkadot and wants Teddy DAO to be a big part of Web3, which is a new way of using the internet. They hope that people who have Polkadot tokens will help them with their mission.

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Lucky Friday requests 45,074 DOT from the Polkadot Treasury to improve Teddy DAO product and co-market it with Polkadot brand. The funds will be used for future development and marketing initiatives to attract new users to the ecosystem. Full proposal can be found in the link provided.

Polkadot & Teddy DAO: A New Way to Leverage Charitable Giving in Web3

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Origin able to dispatch a whitelisted call.

Origin for signaling that the network wishes for some change

Origin able to cancel slashes and manage minimum commission.

Origin for spending up to 10,000,000 DOT from the treasury as well as generally administering it.

Origin for managing the composition of the fellowship.

Origin able to spend around 250 DOT from the treasury at once.

Origin able to spend around 1,000 DOT from the treasury at once.

Origin able to spend around 10,000 DOT from the treasury at once.

Origin able to spend around 100,000 DOT from the treasury at once.

Origin able to spend up to 1,000,000 DOT from the treasury at once.