Referendum #613

Polkadot x The Tie Partnership to Increase Institutional Exposure and Access

Big Spender
8mos ago
10 Comments
Executed
  • Content
  • AI Summary
Reply
Up
Share
Request
150KDOT
Status
Decision28d
Confirmation7d
Attempts
1
Tally
94.2%Aye
50.3%Threshold
5.8%Nay
Aye
48.39MDOT
Nay
2.96MDOT
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support(1.02%)
14.3MDOT
Issuance
1.4BDOT
Votes
Nested
Flattened
Calls
  • Call
  • Metadata
  • Timeline6
  • Votes Bubble
  • Statistics
Comments

Thank you! The dedication to advancing the Polkadot ecosystem through institutional investor awareness is evident and acknowledged. The proposal’s title suggests a broader institutional investor focus, which seems lacking in detailed planning and execution strategy. The significant funding requested brings concerns about financial stewardship and accountability. This scrutiny is not about mistrust but ensuring that every DOT contributed is maximized towards tangible ecosystem growth.

We must express reservations that align with several concerns raised in ref #539, necessitating a more critical examination. I would suggest researching the bounty approach, looking from a broader institutional investor perspective. Creating a regional data bounty could be exciting and this could be a child bounty of that. We believe that the activity in this region should be covered by an American institutional investor bounty with trusted curators from both American and European communities.

The Polkadot way is to figure out what you can deliver with $10,000, and only then show that you delivered $20,000 worth of value. Then the treasury and people will look to invest more. This is how you establish yourself as a good player in the ecosystem. There is just no reason to make such a large starting proposal.

We find it bad in intention to request so much funds up front. You can either request money back for work done, or you can request a smaller amount of money in speculation. This is what is required in this ecosystem.

Reply
Up

@polkaworld Sorry for the slow response time, we have had trouble responding on Polkassembly. Thank you for taking the time to speak with us and for your support on the proposal.

Reply
Up

@Colorful Notion we appreciate you sharing your experiences with The Tie's events and your support.

Reply
Up

Thank you for your support @jimmytudeski and for sharing your thoughts around transparency and accountability. To address these we will be sharing press releases and updates on our socials around every major deliverable and we are happy to consolidate those here or on other forums. Additionally, so long as all speakers provide consent we plan on recording all sessions that Polkadot keynotes or participates in and sharing them publicly. If you have additional thoughts on how we can increase ongoing transparency you can ping our CEO Josh and he is happy to chat with you [email protected].

Reply
Up

Hellu friends, I'd like to pick up the convo about your work and how to support you with marketing narratives and visual assets for your work. Check my mail or reach out by DM.

Reply
Up