After rejection of ref 868, Integritee has [evaluated the feedback and adapted its request strategy](https://polkadot.polkassembly.io/referenda/868#Oibuq9Acszowe0Qb4bTo)

Integritee has demonstrated a working live deployment of its privacy sidechain technology on Paseo.

Try it now at: https://try.incognitee.io

This proposal extracts only the retroactive part of ref 868 into its own proposal and requests

39’680 CHF  ≃ 44’302.72 USD ≃ **44’302.72  USDT**

* [Full Proposal Document](https://docs.google.com/document/d/1N3WZJiqNzuibsZwZze4GZyd9nFAKjr7o5K77xF9VZ_Y)
* [initial discussion post](https://polkadot.polkassembly.io/post/1739)
* [approved previous DOT Treasury retroactive funding (ref 617)](https://polkadot.polkassembly.io/treasury/617)

We consider this a soft-loan which we will pay back to the treasury with a fraction of fee revenues which each shard of Incognitee earns as long as the target token is present on the Polkadot Asset Hub and can be spent by the treasury. We commit to sending **30% of our gross fee revenue** back to the treasury automatically and regularly until we have repaid the soft-loan plus a **one-off premium of 10%**.

Context:

* **NEW** brenzi's [Incognitee presentation at decoded 2024](https://www.youtube.com/live/pKCqjkhmbB0?feature=shared&t=12004)
* Private Transactions on L2 for all Polkadot Chains | Polkadot Decoded 2023 talk by our CTO brenzi: [**video recording**](https://youtu.be/mNs4txHedWs?si=pWv15HSusQJuHwih)
* Why Privacy Matters And What Integritee Can Do About it | Polkadot Now India talk by our CTO brenzi: [**video recording**](https://youtu.be/7he0Uqe9jps?si=qdbXK8arCIrEsY6N)

brenzi also appeared on [AAG](https://x.com/TheKusamarian/status/1804567527650951254) to explain the previous proposal

- Integritee is a company that works with privacy technology on a special platform called a sidechain.
- They have made changes to their request for money after getting feedback.
- Integritee is asking for about 39,680 CHF (which is about 44,302.72 USD) for their project.
- They plan to repay this amount by sending back 30% of the money they earn from fees.
- Their technology is already working and can be tried out by anyone.
- The company’s leaders have given talks about why privacy is important in technology.
- They have made videos explaining their work and past proposals.

assetKind

amount

beneficiary

validFrom

Executed

Submitted

DecisionDepositPlaced

DecisionStarted

ConfirmStarted

Confirmed

medium_spender

Integritee proposes a retroactive funding of 39,680 CHF (≃ 44,302.72 USD/USDT) as a soft-loan, to be repaid with 30% of gross fee revenue until the loan plus a one-off premium of 10% is paid back. This is for the development of their privacy sidechain technology on Paseo.

Incognitee: Privacy Sidechain on Paseo (Retroactive)

root

whitelisted_caller

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

small_tipper

big_tipper

small_spender

big_spender

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.