Dear Community,
The current iteration of the Events Bounty has begun with a dramatic crescendo during the months of May/June in 2024. After more than a year of funding various initiatives, it is time for a top up.
The current curator set of 6 will be requesting 500,000 DOT for 6 months, as we are waiting for the release of the new assets pallet. This is half of the previously requested amount.
You can find our budget sheet here: [PUBLIC] EB Burn rate
Full proposal: [PUBLIC] Events Bounty Top Up Proposal (Detailed assessment of impact based on the initial proposal is in the second tab of the doc).
All proposals and reports can be found on the EB site: https://dotevents.xyz/
Got questions about the proposal? Join our office hours on Wednesdays at 3PM CEST (1PM UTC)
So what did the Events Bounty do?
- Established an agile process through a new application system, with a turnover of max 2 weeks
- Designed community expansions through the Roots experimental initiative
- Created an RFP calendar with tiered events
- Funded various sponsorships and side events at Key Industry Events
- Set up an application process for BD & Speaker Mandates
- Commented on OpenGov proposals
The EB in numbers + impact
Total Proposals
- Total Submissions: 286
- Total Approved: 146
- Total Withdrawn/Rejected: 135
Proposal Types
- Meetups/Roots: 111
- Extraordinary Events: 111
- Key Industry Events: 48
- Speaker/BD support: 9
Approved Proposals
- Meetups: 25
- Extraordinary Events: 48
- Key Industry Events: 21
- BD/Speaker Report: 9
- Polkadot Roots: 39
Overall Financial Impact
Remaining Funds
- 103,587 DOT – Bounty (28/08/25)
- 1,397 USDT – Multisig
Savings
- $950,000 of Treasury funding saved through negotiation on approved proposals
- 85,572 DOT (~$336,000) returned to the bounty through meticulous reporting processes.
RFP stats
Please note that the EB focuses on facilitating most tier 1 events and tier 2 & 3 are nice to haves.
- Tier 1: 5/10
- Tier 2: 2/5
- Tier 3: 1/7
- Tier 1: 9/16
- Tier 2: 5/15
- Tier 3: 1/13
What’s next?
- Making the Roots initiative a shared initiative between MUB & EB
Gamify the process, create local sub-daos, improve community building and strengthen ecosystem participation.
- Curator number will go from 7 to 6
The curator setup was originally designed for 7 members, but 2 curators stepped down from the same role, meaning the full 7-member structure was never fully utilized. Going forward, the team will operate with 6 curators.
- Adjusting curator compensation to EUR instead of USD and increasing per hour rate to 70 EUR
Setting the average curator fee at 70 EUR/hour (~81 USD/hour) - closer to the average compensation on other prominent bounties (87–116 USD/hour). This adjustment sets curator compensation at 4,550 EUR per month.
Providing more detailed RFP requests for specific event formats.
- Creating and maintaining a resource centre
Having docs, and tips on how to organise events, as well as custom graphics for roots and meetups.
The Events Bounty works diligently with many teams around the world. PolkaPort East is one of them, and organised HKFTW and Consensus HK with the EB last year, which were both a great success. Slightly faster response times by the EB team would be appreciated, but we also understand the constraints the team is under given the amount of workload. We support this top up request to ensure continued Polkadot event funding around the globe.