In our opinion, the amount is definitely too high. How much has RegionX received from the Treasury so far, and how many times more is that compared to the total revenue generated from all Coretime sales to date? Several times more?

OG Tracker Rating 3/3

Clear display of deliverables✅

• Smaller improvements
• Parachains dashboard improvements
• New regions page
• New sale history page
• User actions/notifications modal
• User history page & user data indexing
• In depth Coretime data tracking
• RegionX integration interfaces
• One click region purchase and assignment
• One click region listing
• Paseo runtime & launch
• Polkadot runtime & launch
• Design
• Additional indexer costs
• 6-Month Polkadot & Parachain Cost Coverage

Clear display of a valid direct point of contact ✅

• X: https://x.com/RegionXLabs
• Email: support@regionx.tech

Clear display of proposal’s duration✅

• The duration of this proposal is 4-4,5 months.

OGT Rating aims to help voters make better informed decisions and direct proposers towards certain common-good practices. We are providing feedback based on 3 simple yet crucial criteria which we believe should be included in every OpenGov referenda.

Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Medium Spender track requires 50% quorum (at least 4 aye votes) and simple majority of non-abstain votes according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received zero aye and three nay votes from eight available members, with one member abstaining. Below is a summary of our members' comments:

Comments raised concerns over the substantial funding already received by the project despite its unsatisfactory product quality. Several voters argued that the application’s user interface and experience did not meet modern standards and that the proposal should have been broken into smaller, more measurable milestones linked to concrete progress. Some worried that large investments in developing a polished secondary market for Coretime purchases were premature, questioning whether such streamlined features were necessary for technically adept users. They also expressed apprehension over the lack of a clear strategy for ensuring the tool’s long-term financial sustainability, recommending a more cautious and iterative approach.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort V Delegate

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🗳️ Delegate

The marketplace for Coretime seemed to be a logic step for a potentially hot commodity but in retrospect we still see that this market is miles away from being a core need. It could be in the future. In any event, this secondary marketplace seems to be a good to have rather than a core need regardless of some statements. We just recently saw projects receive coretime for free so the real question is if this marketplace is worth the price of 400 p/a specially when the demand remains low.
Despite of negatives, due to the progress of this project, we would like to see this being finalized with all the features needed. Hopefully at a reduced price.
Future maintenance costs are missing so we would like to know how much all the RegionX project needs to continue existing.

Disclaimer:
Our modeling includes more than 1000 non-linguistic parameters so these are only verbal observations also included in the vote calculations and they are not an extensive review of the full rationale behind this vote.

Vote overrule process:
https://voting.opensquare.io/space/the-sax-guild/proposal/QmeEQZHNfi3R1tgaS2u9wrbRoeNRxR4RMQY68JsdjWkv5k

TruthDAO Vote: NAY

RegionX, as the current primary marketplace for Coretime auctions/renewals/trading, has a UI/UX that is reasonably solid and functionality that is moderately usable. From that perspective, this proposal could be worth supporting. However, the budget implies hourly rates ≥ $100. Given the delivery difficulty of the product and the quality of what has already been launched, DAO members believe there is room for these rates to be adjusted downward.

In addition, the urgency of this project is not particularly high. We think the secondary marketplace functionality could continue running on Kusama for a longer period, gathering more feedback and optimization from the community, before moving ahead with development on Polkadot.

In summary, we would like to see this proposal reduce its requested funding further.

You can view all feedback here.

📖Truth DAO Governance Statement

💭 Email: open@truthdao.cn, Telegram

🗳️ Delegate

Voting nay at proposer's request.

Voted NAY as requested by the proponent