Origin able to spend around 100,000 DOT from the treasury at once.

medium_spender

Polkasafe Summary

- Polkasafe is a tool for managing assets securely on the Polkadot network. 
- It has reached all its project goals over the past 8 months, getting feedback from users.
- The tool is built using strong security features and offers many helpful functions.
- Some completed features include dashboards, accounting software integration, and NFT support.
- Polkasafe plans to keep improving, with open-source technology and ongoing user support.
- Future improvements include faster performance and better user experience.
- Users can visit the app at app.polkasafe.xyz for more information.

Executed

Polkasafe completed all milestone tasks to become a complete solution for asset management using multisig on Polkadot networks. They offer a comprehensive set of tools and features for managing assets on the Polkadot network. They completed all milestones and plan to improve the product performance further. The entire tech stack for the product is open source. Read the complete proposal for more details.

Polkasafe - The 360° multisig solution for Polkadot | Last Retroactive Funding Proposal

- A total of $1,337,000 was requested for sponsoring HEROIC esports.
- The partnership has started, and a Marketing Council was formed with community members to create a marketing campaign.
- They are set to give a keynote talk and have a stand at a Decoded event.
- Due to a price drop of the DOT cryptocurrency, they received less money than planned.
- They originally wanted 199,260 DOT, but received it at a lower price, totaling $1,231,427.
- Now, they are asking for an extra $105,573 to meet their budget needs for the partnership.

HEROIC esports requested a top-up of 105,573 USDT to cover the difference caused by the price drop of DOT. The original requested amount was 199,260 DOT at 6.987 USD, and they received 1,231,427 USD at 6.18 USD per DOT.

Top up | HEROIC x Polkadot sponsorship due to DOT price drop

Rejected

Vote Nay

Please vote Nay, Preimage removed.

- Tokenguard is creating a special tool to help wallets and apps grow better by tracking and measuring users.
- The Polkadot Community has spent over 3 million $DOT on getting new users, but they didn't have a way to see if it was working.
- Previous tools focused on data but didn't help in understanding how to turn people into users.
- Tokenguard will use available data and respect user privacy, helping apps understand their users and improve features.
- It can track how users come in and out of different parts of Polkadot and who the best users are.
- The tool will be free for everyone in the Polkadot Community.
- Support from various companies shows that there is interest in this tool to improve user engagement and retention.
- Tokenguard aims to help wallets and apps build better connections and grow their use in the Polkadot ecosystem.

Tokenguard proposes to build a free public good wallet segmentation & conversion growth tool for Polkadot community. The tool will allow DeFi, Wallets and Parachains to engage users more to increase revenue and maximize TVL. The proposal is supported by more than 3M $DOT and will be based only on publicly available on-chain data. The tool will enable tracking of $DOT user inflow and outflow from the ecosystem, analyze cross-parachain activity, determine user interests in XCM, CeXes and bridges, and identify attractive parachains for users.

Polkadot User Segments & Conversions 👨‍👩‍👧‍👦 for Ink!, Pallets & XCM 

- The FHE-WASM project wants to use Fully Homomorphic Encryption (FHE) in the Polkadot system to keep data private and secure.
- FHE allows people to work with encrypted data without needing to unlock it, enhancing privacy for sensitive information.
- The team plans to develop tools that help other developers use FHE easily, focusing on making it work with the WASM programming language.
- Key benefits of FHE include better data privacy, compliance with rules about data protection, and enabling innovative new applications like secure payments and voting systems.
- The project team is made up of four researchers from different cities with expertise in cryptography.
- They aim to create a reliable system for sharing keys safely and to ensure that different parts can work together well.
- The project seeks funding of $189,750 to support their research and development efforts.

WHO: FHEWASM Team, a group of 4 Ph.D researchers and developers.

WHAT: Develop an FHE-WASM module that accepts compiled .wasm files, public key 'pk', and specified input data as inputs, and outputs encrypted output data.

PRICE/TIMEFRAME/RESOURCES: Requested allocation of $189,750 (33,884 DOT) with a timeline of 6 months for completion.

PROPOSAL -  FHE-WASM Research and Development for the Polkadot Ecosystem

- David from JobStash is asking for $98,900 to create a new job platform for the Polkadot community called PolkaDotJobs.
- The project will help people find jobs in the crypto ecosystem easily and for free, allowing organizations to post jobs without fees.
- JobStash has already indexed data for over 6,500 organizations and tracked 3,000 live jobs using advanced AI technology.
- The new job platform will improve visibility, transparency, and safety in job listings by vetting organizations and regularly updating job postings.
- JobStash plans to connect job seekers with more organizations, making it easier to find jobs in the ever-growing crypto space.
- The project will take about six months to complete, with the job board launching in three months after starting engineering work. 
- JobStash currently has a strong community with over 7,000 Telegram members and aims to grow the developer community for Polkadot.

JobStash proposes to create PolkaDotJobs, a specialized job platform for the Polkadot ecosystem, indexing every hiring organization, project, and available job. They request $98,900 or 17081 DOT for a 6-month project, including implementation, design, testing, marketing, and organization and project data acquisition. The platform will offer visibility, transparency, and safety, with no fees for job postings or placement. PolkaDotJobs will be a fee-free, crypto-native job board provided as a public good, with open APIs and distribution of new job opportunities across dedicated and generic distribution channels.

Referendum for PolkaDotJobs.xyz: A Polkadot Native Job Board Provided as a Public Good

- A request was made for $165,000 to develop a Coretime Marketplace for Polkadot.
- The team reached their first milestone and is close to finishing the second.
- They launched the parachain on Rococo and will soon support Coretime trading.
- The payment received was less than expected due to a drop in the price of DOT.
- They received $116,446 instead of the full amount.
- They are asking for an extra $48,554 to cover the price difference.

WHO: The proposal was made by the Coretime team.

WHAT: The team is requesting a top-up of $48,554 USDT to cover the price difference for the development of a Coretime Marketplace for Polkadot.

PRICE/TIMEFRAME/RESOURCES: The initial request was for $165,000 at 9.478$ per DOT. The team received $116,446 at 6.69$ per DOT. The top-up request is for $48,554 USDT. No timeframe or additional resources were mentioned.

Top Up | RegionX Coretime Marketplace for Polkadot

- A new project wants to make it easier for people to use Polkadot Bounties without technical skills.
- The project will help curators, proposers, and beneficiaries manage their bounties.
- Galaniprojects GmbH is a company from Berlin, Germany, that helps with development and design.
- They have worked on lots of projects in different industries since 2006, including for Polkadot.
- The group is asking for money to start their first project step and will ask for more later.
- They have shared reports about their progress on their work.
- You can find more information and links to their documents online.

WHO: Galaniprojects GmbH

WHAT: Develop a user-friendly interface to interact with Polkadot Bounties without the need to use the developer-oriented polkadot.js apps.

PRICE/TIMEFRAME/RESOURCES: Funding for the implementation of the 1st milestone initially requested, with a request for funds for the second milestone after implementing and reporting on the first. Full proposal available in the attached document.

Treasury Proposal: Polkadot Bounty Manager UI Development

**Reward Mode Proposal Overview**

- Tap Nation has developed a project called "Reward Mode" to attract 734,366 new users to the Polkadot ecosystem through mobile gaming.
- This project allows players to earn crypto rewards, learn about blockchain, and compete on leaderboards as they play.
- The goal is to help more people understand and use cryptocurrencies while enjoying mobile games.
- Tap Nation plans to create 73,437 new wallets every month, which means many new players will join and interact with the Polkadot network.
- The team behind Tap Nation has a lot of experience in mobile gaming and aims to enhance player engagement with educational resources about digital currencies.
- They chose Polkadot due to its ability to connect different blockchains safely and efficiently.
- Tap Nation is looking for support from the Polkadot community to make this project successful and to bridge the gap between gaming and cryptocurrency.

Tap Nation proposes "Reward Mode," integrating tokens, NFT rewards, tutorials, and leaderboards into mobile gaming. They aim to bring 734,366 new users to the Polkadot ecosystem, requesting €357,300 for user acquisition costs. The project will educate players about Polkadot and promote blockchain education. Tap Nation plans to expand their gaming portfolio and propose new Web3 concepts. The project benefits players, developers, crypto enthusiasts, and the Polkadot community. The project duration is 12 months, and the milestones ensure a gradual and successful integration of the crypto reward mode into the selected games.

"Reward Mode" - Unlocking Gaming Rewards with Polkadot.  TapNation is introducing 734,366 new users to the Polkadot ecosystem, adding 73,437 new wallets every month throughout the partnership period.

pre-image pulled 

- **Event:** Asia Blockchain Summit (ABS) 2024
- **Dates:** August 06-08, 2024
- **Location:** Taipei Nangang Exhibition Center
- **Organizers:** Founded by Andrew Fai and BlockTempo Media Group in 2018
- **Purpose:** Promote blockchain adoption and address regulatory challenges
- **Polkadot's Goals:**
  - Showcase Polkadot 2.0 and JAM Chain
  - Increase visibility in the global blockchain community
  - Foster partnerships and attract new developers, partners, and investors
- **Polkadot's Role:** Demonstrate cutting-edge technology and community collaboration
- **More Information:** Visit the [ABS 2024 Website](https://abs2024.asia/) and read the full proposal [here](https://docs.google.com/document/d/1n5xnIjFvd1BqB3IwT22F3EmX3OT5k9mso_fR82L_huc/edit).

**Polkadot proposes to sponsor Asia Blockchain Summit 2024** to showcase Polkadot 2.0 and innovations like the JAM Chain, enhance visibility, foster partnerships, and attract new developers, partners, and investors. The event will be held from August 06-08, 2024, at the Taipei Nangang Exhibition Center. No information on the cost or resources required is provided in the abstract.

Asia Blockchain Summit 2024 Sponsorship

- OpenZeppelin is sharing its third plan to help build safe parachains for Polkadot.
- They have finished important development work and had their work checked by experts.
- They talked with parachain teams and gathered ideas to improve their project.
- They plan to create a new template for parachains and share their work on GitHub.
- OpenZeppelin wants to keep working with the community to make sure their ideas are helpful.
- They are open to feedback to make Polkadot stronger.
- This is part of their ongoing efforts to support the Polkadot ecosystem.

OpenZeppelin requests funding to develop the Second Parachain Runtime Template and engage further with the Polkadot ecosystem. The proposal aims to accelerate the development and deployment of secure parachains in the Polkadot ecosystem. No information is provided regarding the price, timeframe, or resources.

Proposal: OpenZeppelin x Polkadot Ecosystem Growth Phase M3

- Alzymologist listened to community feedback and updated their proposal.
- They removed the dock station and metadata-related work from the plan.
- They are focusing on improving Kampela's design and usability.
- The project will have four milestones, each with specific tasks and goals.
- Different experts, like UX designers and engineers, will work on the project.
- The total cost for the project is €565,000.
- Alzymologist Oy, a Finnish company, will manage the funds and employ the team.

Alzymologist has revised their proposal for Kampela firmware and Siltti hardware design, removing the Dock station and metadata-related work. The proposal includes a breakdown of milestones, team composition, and budget, with a total cost of €565,000 for a duration of 20 weeks. Alzymologist Oy, a registered Finnish company, will be the recipient of the funds.

Kampela Productizing Proposal, Redux

- Referendum #601 requested 50,817.27 DOT (worth $485,000 at $9.544 per DOT).
- Received $350,027 due to DOT price drop to $6.88.
- Referendum #883 requests 25,000 DOT to cover the $134,973 shortfall.
- Current EMA7 is $6.38, equivalent to 21,155.64 DOT for $134,973.
- Added a 15% buffer (3,844.36 DOT) for price volatility.
- Final amount will be recalculated at the EMA7 at the end of the spending period (~36 days).
- Any excess funds will be refunded to the treasury account: 13UVJyLnbVp9RBZYFwFGyDvVd1y27Tt8tkntv6Q7JVPhFsTB.

WHO: Polkadot Treasury

WHAT: Requesting 25,000 DOT to cover the price difference of $134,973 from a previous referendum, with a buffer to protect against further price volatility.

PRICE/TIMEFRAME/RESOURCES: 25,000 DOT, to be recalculated at the EMA7 for the day of payment in ~36 days, with any excess refunded to the treasury account.

Requesting "Top Up" of Ref #601 due to DOT price change

- The team is asking for more money because the value of their original funds decreased by 63%.
- They initially requested about $118,000 but only received $43,756.75 due to a drop in the price of DOT.
- To keep working on their project, DatDot, they used their own money and need a top-up of $74,305.09 to finish.
- DatDot is like BitTorrent but for blockchain, allowing users to share data directly with each other.
- The team has experience from working with major blockchain projects and has participated in many workshops and conferences.
- They have completed several parts of the project but still need extra funds to finish the Rust implementation.
- They have also been actively participating in community events to share their work on DatDot.

The proposal requests a top-up of previously approved funding due to a significant reduction in funds received. The team requires an additional USD 74,305.09 to complete the project and requests an extra USD 32,000 to cover higher developer rates. The project is DatDot, an autonomous hosting network for p2p data systems, and the team has extensive experience in the blockchain space. The project has made progress, and the team has been active in the community, presenting at conferences and recording daily work logs.

Top-up of Proposal #87 due to DOT price change

- Raul and Otar from JUST Beteiligungen GmbH want money for their work in the Polkadot community.
- They helped with upgrades and changes in the system and worked on many treasury proposals.
- Their work was done at their own cost, which they cannot continue for much longer.
- They are asking for retroactive funding from the Polkadot Treasury to support their past efforts.
- They invite the Polkadot community to review their detailed proposal and vote on it.
- Feedback from the community is encouraged for their proposal.

JUST Beteiligungen GmbH is proposing retroactive funding from the Polkadot Treasury to recognize their past contributions to the ecosystem, including supporting and executing runtime upgrades, facilitating OpenGov implementation, and providing guidance on treasury proposals. They are seeking funding to sustain their level of commitment and invite the community to review and vote on the proposal. No specific price, timeframe, or resources mentioned.

JUST Retroactive Compensation for Contributions to the Polkadot Ecosystem

- The Kudos Portal helps developers find projects to work on in the Polkadot ecosystem.
- It was created because many graduates from the Polkadot Blockchain Academy had trouble getting jobs due to fewer openings.
- The portal allows developers to see all projects in one place and filter them by their skills and interests.
- Some planned features include project homepages, contributor profiles, personal notifications, and community suggestions.
- These features aim to make it easier for developers to contribute and for project teams to find help.
- The team behind Kudos has won prizes in hackathons and has experience in software development.
- They are asking for $128,000 to continue developing the portal for one year.

Kudos Portal team proposes to improve the Polkadot developer experience by introducing innovative features such as project homepages, contributor profiles, personalized notifications, community wishlist, metrics pages, and curated issues. They request $128,000 (17,822.33 DOT) for a year to fund the development of the Kudos Portal.

Kudos: Unlocking the Full Potential of Polkadot’s Developer Community

- DavidCC is asking for 13.8556 DOT, which equals about $91585.58 using a price of $6.61 for each DOT.
- They mention two previous funding requests: REF651 and REF742.
- REF651 was approved for $566100 but received only $460726.92, leaving a shortfall of $105.373.
- REF742 was approved for $980000 but also received only $460726.92, meaning they need to refund $13.787.42.
- The request is for approval to integrate the funds needed for 13.8556 DOT.

WHO: DavidCC
WHAT: Requesting approval for integration of 13.855,6 DOT (91585,58 $) for an undisclosed purpose.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Volatility adjustment for REF651 and REF742

Vote NAY

### Polkadot Education

**Purpose:** A web and mobile app to teach blockchain and Web3 to enterprises.

**Features:**
- **Learning Path:** From basics to advanced Polkadot.
- **NFT Rewards:** Earn NFTs for completing modules.
- **Parachain Integration:** Hands-on experience with Polkadot’s features.
- **Educational Partnerships:** Collaborate with other educational groups.

**Market Demand:** High interest from major companies, including one of Brazil’s top firms.

**Competitive Edge:** Focuses on practical, hands-on learning tailored for enterprises.

**Team:** Experienced developers and designers with expertise in blockchain and Web3.

**Goal:** Meet the growing demand for blockchain education in the enterprise sector.

WHO: Polkadot Education

WHAT: Develop a web and mobile application to provide comprehensive blockchain and Web3 education tailored for enterprises and institutions.

PRICE/TIMEFRAME/RESOURCES: $178,160 USD in DOT (24,800 DOT) requested on 06/06/2024.

Polkadot Education - Polkadot Onboarding for Business

Polkadot is trying to be the top choice for using blockchain technology to digitize financial and real-world assets. Here are some key points:

- Many big companies like BlackRock and Citibank are excited about using blockchain for financial assets.
- BlackRock launched its first tokenized fund recently, showing a strong interest in digital assets.
- Citibank is working with other companies to use blockchain for better access to private markets.
- Barclays is testing new types of bank deposits using blockchain technology in the UK.
- Blockchain can help in many areas beyond finance, such as food safety, renewable energy, and environmental sustainability.
- Two leaders, Ben Sheppard and Stanley Boots, want to help Polkadot become important in these areas by sharing knowledge and building partnerships.
- They plan to create educational content and community events to spread awareness about Polkadot's advantages.
- Their goal is to support real-world projects and make blockchain easier to use for different industries.

WHO: Ben Sheppard, Stanley Boots, and Rob Holmes.

WHAT: Position Polkadot as a leader in blockchain for Real World Assets (RWA), particularly in financial assets, infrastructure, real estate, and sustainability sectors. They will establish thought leadership, engage through digital media, create content, act as a conduit for new RWA players, build and support communities, develop partnerships and collaborations, and identify new use cases.

PRICE: USD 10,000 per month for 6 months, with an additional expenses budget of USD 15,000.

TIMEFRAME: 6 months. 

RESOURCES: Ben Sheppard, Stanley Boots, and Rob Holmes will lead the project.

BD & Marketing Proposal. Polkadot as the preferred network of chains for digitizing financial assets and similar real world assets 

- Virtune AB is a company that manages digital assets and wants to promote an investment product called the Polkadot ETP.
- This investment product is safe and fully backed by real Polkadot, allowing people to invest without complex technicalities.
- The company aims to attract more investors in the Nordic countries (Sweden, Norway, and others) by using a mix of online marketing and in-person events.
- They are planning to spend over half a million dollars to run advertisements and hold seminars to explain their product.
- The Polkadot ETP will offer a 4% annual return for investors, which is attractive compared to other investment options.
- Virtune's products are available in various financial platforms in the Nordics, making them accessible to many people.
- The campaign aims to attract about 2,830 new investors, helping boost interest in Polkadot as a valuable technology.

Virtune AB, a regulated digital asset manager licensed to operate in multiple Nordic countries, proposes a campaign to promote exposure of a 1:1 Spot Backed, Polkadot ETP. The campaign includes digital advertisements, IRL placements, select appearances, and private seminars. Virtune AB is requesting a total of 89,945 DOT ($571,150 USD) at a price of $6.35 to cover the campaign costs. The campaign is projected to attract 2830 new clients to invest in the Polkadot ETP, with an average starting investment of $1750 per investor. Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD.

VIRTUNE AB X POLKADOT - ETP CAMPAIGN, SWEDEN & THE NORDICS

**StorageHub Overview:**

- StorageHub is a project by Moonsong Labs, supported by the Web3 Foundation.
- It is designed to be an open-source, decentralized storage solution for large files.
- StorageHub works well with Polkadot, making it strong, flexible, and easy to use.

**Key Features:**
  
- It has a simple setup and doesn’t need complicated systems.
- It includes a Main and Backup Storage Provider for better data security.
- Payments are easier with ongoing contributions instead of just one-time payments.

**Additional Information:**

- Moonsong Labs wants to make sure the code is safe by getting it audited by experts at SRLabs.
- They welcome feedback from the community to improve StorageHub.

Moonsong Labs received a grant to develop StorageHub, a decentralized storage solution for Polkadot. They are seeking funding for an audit of the codebase by SRLabs to ensure security and reliability. No specific price or timeframe is mentioned.

StorageHub’s Codebase Audit

- The Frequency Network Foundation planned an event called "Revolutionizing Social Media for a Better Internet" in Brussels on July 10th, 2024.
- The goal of the event was to promote user privacy and control using blockchain technology with the MeWe social media platform.
- The event aimed to educate and engage the Polkadot community about these technologies and included workshops, panel discussions, and networking opportunities.
- Frequency is a Layer-1 parachain on Polkadot that helps users manage their online identities securely.
- MeWe is a decentralized social media platform with a strong focus on user privacy.
- The event budget totaled EUR 116,000 to cover various costs like venue, accommodation, and promotional materials.
- However, the Frequency proposal has been paused and withdrawn, with gratitude expressed to the Polkadot community for their feedback.

WHO: Frequency Network Foundation

WHAT: Requesting EUR 116,000 to host a side event at Polkadot Decoded in Brussels to showcase the transformative potential of integrating Frequency's blockchain technology with MeWe's social media platform.

TIMEFRAME: July 10th, 2024

RESOURCES: The budget breakdown includes venue, accommodation, travel, meals and drinks, creative agency, photography, videography, swag, event staff, paid media, and dinner for the Web3 community.

Revolutionizing Social Media for a Better Internet

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

Referenda Medium 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 up to 1,000,000 DOT from the treasury at once.

[33] Origin: MediumSpender