Inclusion of DED in marketing narratives

Wish For Change
3mos ago
14 Comments
Rejected

Inclusion of DED in marketing narratives

DED FUD: https://bit.ly/m/dedairdrop

King Saxemberg: https://x.com/giottodf/status/1802383847440470220

Saxemberg:

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To reply the unprofessional and childish "King Saxemberg" post on X and cross-posts on Polkassembly, we only need to look at the explicit agreement by the same bounty (33) during the 500k DOT refill on referendum 596 https://polkadot.polkassembly.io/referenda/596#BitglLTJHcnDH3etNCCN

Their statement:

About DED promotions going forward, the future funding from the Polkadot treasury will not favour DED over any other projects within the ecosystem, no dedicated tweets/videos/posts about DED that is funded by the bounty.

So that was already agreed upon and not respected by the bounty as we now see a renewed push for DED content also tied to a continuous 4 years funding of the marketing bounty. So token holders can easily expect 4 more years of DED content funded by the treasury if both referenda are approved. A sub-optimal expenditure as it will favor the DED token holders disproportionately with DOT funds. For context, only 5% of it was airdropped to DOT holders and the largest chunk still today remains in private hands (approx. 95%). Even back then (ref. 596) funding DED marketing was seen as detrimental by token holders because the removal of DED was also a reason for the approval of referendum 596.

Based on the recent activity of the bounty 33 we can also expect future pushes for DED even if this referendum fails. The collusion among the parties is now very clear and DED should not be supported by the treasury as it now has its own treasury and private investors.

Making DED the official memecoin was also rejected recently (https://polkadot.polkassembly.io/referenda/769) so we don't see that there is positive sentiment among DOT token holders and hopefully with the rejection of DED into the marketing bounty and denial of DED as the "official DOT memecoin" we can finally put an end to the DED token debate.

As Giotto himself, curator of the bounty 33, main backer of the marketing agencies and main promoter of DED, already said:
"$DED is now privately funded so it doesn't need treasury money to succeed"

https://x.com/giottodf/status/1773956389922042319

Edited

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