Origin able to spend up to 1,000,000 DOT from the treasury at once.

big_spender

### SubWallet Proposal Summary

1. **Overview**: SubWallet is a non-custodial wallet for Polkadot and Kusama ecosystems, offering browser extension, mobile app, and web app.

2. **Achievements**: 
   - Supports 150+ networks.
   - Over 1.6 million installs and 800,000+ users from 100+ countries.
   - Active community of 50,000 members on social platforms.

3. **Key Features**:
   - Multi-chain asset management.
   - Built-in XCM transfers.
   - Staking options (Nominate, Nomination Pool, Liquid Stake).
   - Hardware wallet support (Ledger, Keystone, Polkadot Vault).

4. **Integration Highlights**:
   - New Polkadot Ledger app.
   - Polkadot <> Kusama bridge.
   - Polkadot <> Ethereum bridge.
   - Native asset swaps on Asset Hub.

5. **Community Impact**:
   - Contributes to ecosystem growth through comprehensive product suite and marketing efforts.
   - Efficient treasury spending with retroactive funding approach.

6. **Proposal**: Seeks funding from Polkadot Treasury for work done from December 2023 to July 2024. Detailed proposal and costs are available [here](https://subwallet.notion.site/Retroactive-SubWallet-08-Months-Development-6b114811ed4543f58b26c02b6d33c690).

Executed

[Retroactive] SubWallet 08 Months Development

TimedOut

Please vote nay

- Chainalysis shared a new proposal with the Polkadot community.
- The proposal includes feedback from the community.
- It aims to help Polkadot grow in the institutional market.
- The goal is to improve compliance and risk management.
- The total cost of the proposal is 6.5 million USDC.
- Payments will be made in three installments over three years.
- The first payment happens when the proposal is completed.

Rejected

Chainalysis proposes to support Polkadot's institutional market penetration by providing compliance solutions and training programs to ensure compliance best practices. The objective is to increase market capitalization, capture institutional market share, grow global adoption, and maintain a reputation for compliance. The total payment for this proposal is 6.5M USDC, divided into three annual payments. The first payment of 2,166,660 USDC will be made upon proposal completion.

Improved Proposal from Chainalysis to Polkadot

### Polkadot Growth Initiative (PGI) Summary

- **PGI Introduction**: Announced on July 9th in the Polkadot forum, the Polkadot Growth Initiative (PGI) aims to support promising projects in the Polkadot ecosystem.
- **Community Feedback**: The initial concept received over 535 views and 31 replies, leading to improvements based on community input.
- **Investment Threshold**: The investment threshold was raised from 23.33% to 33.33% of a project's funding target after community discussions.
- **Purpose**: PGI is designed to boost project success without lowering the threshold for funding.
- **Benefits**: PGI helps fund projects, increasing their chances of success and benefiting DOT holders through increased block space usage and coretime sales.
- **No Top-Up**: As of August 5, 2024, PGI will not seek additional funding to account for USD payment differences.
- **Co-Investment**: PGI allocates a fixed 10% co-investment in projects that reach the 33% funding target from external investors.
- **Goal**: PGI aims to support the Polkadot ecosystem by funding projects and creating a positive flywheel effect with successful outcomes.

Polkadot proposes the Polkadot Growth Initiative (PGI) to fund promising projects on the platform and increase their success rate. The investment threshold for the PGI is 33.33% of the funding target of a raising project. The PGI aims to increase coretime sales and create a positive flywheel effect. No top-up will be sought for the difference in USD payments.

Polkadot Growth Initiative (PGI)

### Proposal Summary

- **Objective**: Secure a $1 million marketing budget to sponsor 20 global family office summits and investment conferences, aiming to attract untapped capital into Polkadot.
- **Repayment**: The $1 million sponsorship cost will be repaid to the treasury through a 1% revenue-share from capital raised by Harbour Industrial Capital (HIC) at these events.
- **Changes from Previous Proposal**: Introduced a 1% revenue-share model, ensuring a direct benefit to the treasury. The 1% is deducted from HIC's management fees, aligning incentives for both parties.
- **Risk Sharing**: The revenue-share is uncapped, meaning more capital raised results in higher repayment to the treasury.
- **Incentives**: Max and Mario, recently appointed as Head Ambassadors of Polkadot, will organize these events without additional salary, focusing on bringing fresh capital and creating a new Polkadot ecosystem fund.
- **Proof of Work**: HIC has already raised a $10 million Polkadot fund and has a track record of organizing and speaking at Polkadot events.
- **Need for New Fund**: Traditional VCs often overlook Polkadot projects, necessitating a dedicated fund to support ecosystem growth.
- **Target Investors**: Family Offices are seen as the most promising investors due to their familiarity with traditional investment structures and potential for large investments.
- **Budget**: The $1 million budget will cover sponsorship costs for up to 20 events, with costs varying per event. The budget will be used until exhausted, aligning with treasury interests.
- **Revenue Share Model**: 1% of funds raised from LPs will be returned to the treasury quarterly, with transparency reports published regularly.

Harbour Industrial Capital is proposing to obtain a marketing budget of US$1 million to sponsor a series of ~20 major established global family office summits and traditional investment conferences, with the aim of bringing untapped capital into Polkadot. The proposal includes a 1% revenue-share model, where 1% of the capital raised by HIC at these investment conferences from new LPs will be directly returned to the Polkadot treasury. If successfully executed, this US$1 million in sponsorship costs will be repaid to the treasury in full. The proposal aims to create a new large Polkadot ecosystem fund that otherwise would not exist.

Investment Conference Series for Polkadot, with Revenue-share Model for Treasury

- The Polkadot Hub is a new bar and coworking space in Barcelona for the Polkadot community.
- It will combine fun bar experiences with opportunities for working, networking, and learning about cryptocurrencies.
- Barcelona is chosen because it's a lively city and a growing tech hub, attracting many entrepreneurs and businesses.
- The hub will feature a Polkadot-themed bar, coworking areas, and regular events about Polkadot and blockchain.
- Profits will be used to pay staff, buy Polkadot, and expand the hub to more locations.
- Decisions will be made together with the community through a voting system.
- The team behind the project includes Marc and his family, who have experience in the restaurant business.
- People can contact Marc through WhatsApp or Instagram for more information.

WHO: The Polkadot Hub team, led by entrepreneur Marc and his family with expertise in the restaurant business.

WHAT: Create a Polkadot-themed bar and coworking space in Barcelona, offering a unique experience that combines bar culture with business networking and collaboration opportunities.

PRICE/TIMEFRAME/RESOURCES: The project requires an initial investment of 150,000 Polkadots for real estate acquisition, furniture, equipment, licenses, and marketing. The profits obtained will be used to pay staff, cover expenses, invest in promotions, and buy Polkadot for staking earnings. The team also plans to expand with more locations throughout Barcelona or even other parts of the country and the world.

Propuesta de polkadot cafe/coworking

The Polkadot Music Events Initiative (PMEI) has proposed a project to help music companies use Polkadot products for better user experiences and optimized revenue. The project aims to integrate crypto with the help of Polkadot and onboard two established web2 companies, Billfold and Radiate, which have millions of active users combined. This will add four million active users and transition over $100 million in annual transaction volume through Polkadot-based USD stablecoins.

The proposal covers the cost of integrating and marketing the following:
1. Onboarding four million active users via Polkadot wallets.
2. Streamlining crypto native payments for users through a web3 point of sale solution.
3. Polkadot activations via loyalty reward tools for brands, venues, and artists.
4. A marketing strategy centering the Polkadot brand across physical point of sale systems and digital receipts in Billfold activated venues.

The project will onboard the current four million active users over a period of three months and gradually transition their payment settlement to USDC on Polkadot. This will result in organic volume and growth of transactions. The full scope of the integration is expected to be completed within an eight-month timeframe, with the completion date around June of 2025.

The requested budget for the project is 386,546 DOT, which will be used for integration, legal, marketing, and project management fees. The PMEI team consists of experts in Polkadot and Kusama development, business development, and full stack application development. They will manage the project to ensure proper technical integrations are delivered and the components will be open source for other event organizers and marketing organizations to use.

**Live Music on Polkadot: Billfold + Radiate Onboarding**

a PMEI proposal

---

Requested DOT: 386,546

Please see milestones and technical document [here.](https://docs.google.com/document/d/1AZ-taNztGogMjT2PSf1ZGXG4MtpwqtaXCmLPgZC3b0g/edit?usp=sharing)

**What is this proposal for?**

Our goal as a team is to help music companies use Polkadot products that create better user experiences and optimize revenue. We want web3 products that solve real problems so that we can break down barriers and create an easy entry point for people in their everyday lives. This not only creates great success stories for other companies interested in leveraging web3, but it also drives organic growth for Polkadot. 

We have updated this proposal to be clearer as to what will be achieved and how it will greatly benefit the Polkadot ecosystem. 

[Billfold](https://www.billfold.tech/) and [Radiate](https://www.radiatetheworld.com/), who have millions of active users combined across event point of sale (PoS) and event-specific social engagement products, will integrate crypto with the help of the Polkadot Music Events Initiative and community approval of these onboarding terms.

This deal onboards two established web2 companies that will scale the music industry vertical on Polkadot, adding FOUR (4) MILLION active users and progressively transitioning $100M+ in annual transaction volume through Polkadot-based USD stablecoins.

PMEI is spearheading a new and exciting initiative with our business development and onboarding partners at Transistor that will onboard these two companies into the Polkadot ecosystem. Billfold and Radiate are some of the most forward-thinking names in electronic music events, and are excited about the prospect of launching products on Polkadot to further solidify their leading position as music event technology providers.

**This proposal will cover the cost to integrate and market the following:**

1.  Onboarding 4 Million active users via Polkadot (substrate) wallets
2.  Streamlining crypto native payments for those users through web3 PoS solution: including, but not limited to, live events and sporting events
3.  Polkadot activations via loyalty reward tools for brands, venues and artists
4.  Marketing strategy centering the Polkadot brand across physical PoS systems and digital receipts in Billfold activated venues 

**Why vote aye on this?**

-   We already have LOI’s in place and defined scope for both Billfold and Radiate. If for ANY reason, a contract is not signed for either party, the dedicated funds will be returned to the treasury.
-   We will onboard the current 4M active users over a period of 3 months + every additional user that uses Billfold and Radiate
-   We are gradually transitioning their payment settlement to USDC on Polkadot resulting in organic volume and growth of transactions
-   Anybody creating an event can now use this tech moving forward to run their events and any entity can activate these users via their Polkadot wallets to market and interact with fans and the artists

---

Proponent: Polkadot Music Events Initiative

Beneficiary: Polkadot Music Events Initiative

Multisig Address: 15nKYvAm8Yu9QVK65JWrhfyabhHkWywg21X9gX4GFJo3v4cT

Proposed Start Date: August 15th 2024

NOTE: PMEI is managing this project to ensure that proper technical integrations are delivered. These components will also be used in the context of {bash} events beyond our current onboarding flow and tech stack. These components will also be open source so that other event organizers and marketing orgs can have elevated tools for streamlined use of web3.

---

**ANY project can benefit from this in Polkadot. ANY team can build on and customize these tools.**

This makes the funnel for onboarding wider, and the engagement and web3 education MUCH easier and more accessible.

**Deliverables**

The initial user onboarding will be completed within a 3 month timeline from when the deal finalizes.

The full scope of this integration is expected to be completed within an eight month timeframe. This would put the completion date, including payments, around June of 2025. Getting to contract signature(s), creating user onboarding infrastructure, and a built PoC for borderless payments using USDC on Asset Hub are the initial stages and are anticipated to be done by EOY 2024. Marketing will begin as soon as user onboarding has launched. 

Technical documentation and further timeline expectations can be found [here.](https://docs.google.com/document/d/1AZ-taNztGogMjT2PSf1ZGXG4MtpwqtaXCmLPgZC3b0g/edit?usp=sharing)

**Budget**

Requested DOT: 386,546

Billfold Integration $ 1,018,000

Radiate Integration $ 538,000

Legal $ 150,000

Marketing $ 70,000

Contingency (and DOT flux) 12%

Project Management Fee 15% (_only on integration costs_, excluding marketing, legal etc.)

\*The costs to integrate will not be used for any operating expenses for the PMEI team\* 

**Who’s on the team?**

**PMEI**

Miami - Expert full stack developer in Polkadot and Kusama known for their work under Moonbeans and across the Moonbeam ecosystem. Miami is the lead Developer for {bash} events.

Spencer Zabiela - Lead for {bash} events with deep ties in the music industry. Spencer is driving business development, bringing Billfold and Radiate together under this enterprise onboarding deal.

Sam Ruberti - Sam Ruberti has been developing full stack applications for over fifteen years. He was a Senior Rust Developer on the ink! team at Parity and has built full stack software for many companies, including Bloomberg, Peloton, and Clear, with a heavy focus on distributed systems, microservices, security, and user-facing web applications. He joined the Web3 space in 2017 and has launched numerous dApps, tokens, DeFi platforms, and NFTs on various chains.

Jaclyn Francis - Formerly at Tidal (Jay-Z’s HiFi music streaming platform recently acquired by Square/Block), Jaclyn is also part of the PMEI/ {bash} team and will be managing the digital ticketing experience for live music venues and artists using the RA platform.

Transistor - Transistor is a blockchain research and development firm focused on Polkadot adoption in the United States founded by Peter Mauric and Yoon Kim. Transistor will be supporting this onboarding effort with business development, key partner integration and development work. Peter led multiple teams and initiatives in the development of Ethereum and launch of Kusama and Polkadot’s success while at Parity Technolgies and the Web3 Foundation from 2017-2022. Yoon Kim is a Polkadot ICO investor who worked at the highest levels of Wall Street tech banking and hedge funds throughout the Web 2.0 era.

Exiled Studios - Exiled Studios is a gaming studio focusing on developing low touch, high reward games. Exiled focus on algorithmic and low touch strategy games allows time poor, ex-gamers a way to enjoy gaming without the effort. Exiled is currently building the Exiled Racers gaming platform on top of the Moonbeam (Polkadot) blockchain.

---

Contact Manager of the Funds PMEI team: [hello@polkdotmusic.events](mailto:hello@polkdotmusic.events)

Recipient DOT Address: 15nKYvAm8Yu9QVK65JWrhfyabhHkWywg21X9gX4GFJo3v4cT

More Information [www.polkadotmusic.events](http://www.polkadotmusic.events)

WHO: Polkadot Music Events Initiative (PMEI), Billfold, Radiate, Transistor, Exiled Studios.
WHAT: Onboard Billfold and Radiate to Polkadot ecosystem, integrating crypto payments, loyalty reward tools, and marketing strategy.
PRICE: Requested DOT 386,546, with breakdowns for integration, legal, marketing, contingency, and project management fee. 
TIMEFRAME: Initial user onboarding within 3 months, full scope integration within 8 months, completion by June 2025.

Live Music on Polkadot: Billfold + Radiate Onboarding

VOTE NAY - ERROR 

**Dot Play** is a project aimed at accelerating the adoption of Polkadot in the gaming industry. They have a team with extensive experience in both gaming and Polkadot, including Game Master Partners and a new team called Questing Party Partners. Dot Play's vision is to make Polkadot the top blockchain solution for games by focusing on high-growth genres, building essential integration tools, and providing business development support. They plan to create a games accelerator for the Polkadot ecosystem using their resources, IP relationships, game studio talent, and tools.

Some of their past accomplishments include being a lead advisor to the Web3 Foundation on the launch of Polkadot, investing in Mythical, co-founding Ajuna Network on Polkadot, and working with Unity and Parity Technologies on the Verified Solution Polkadot SDK for Unity. They also organized meetups and hosted podcasts with top game developers and creators.

Dot Play's strategy is to focus on the largest potential audiences with the strongest engagement, which they believe are key metrics to build brand value for the Polkadot ecosystem over the long term. They plan to evaluate game studios and tool companies, provide feedback, and submit projects for Bounty approval. They also aim to create a dedicated gaming portal within Polkadot, facilitate project onboarding, optimize outbound support for parachain teams, and identify and implement ecosystem solutions to onboard game developers.

The proposed refill of the Dot Play Bounty is 400k DOT into game projects, with a Treasury/Dot Play profit split of 80/20. Their business development will focus on developing a sustainable deal flow, creating a dedicated gaming portal, facilitating project onboarding, and optimizing outbound support for parachain teams.

![](https://i.ibb.co/ZcBqXsf/dotplay-pinks-large.png)

**Overview DOT Play**

Project Name: Dot Play: **Accelerate Gaming Adoption of Polkadot**

Following our successful application to the DFF as the specialized business development arm for Polkadot gaming, along with the establishment of Dot Play as curators of the Games Bounty, we are submitting a new proposal herein. _The details are identical to the original Dot Play bounty, except that we have adjusted the amount requested to 400k DOT from 1 million DOT. This accounts for the 100k DOT that previously existed in the Games Bounty, and provides an opportunity to demonstrate our abilities as responsible stewards of Treasury capital_. Below please find our ambitious road map to create a games accelerator for the Polkadot ecosystem, using our resources and IP relationships, game studio talent, and tools.

**Background and Teams**

**Game Master Partners**

The team has deep experience and expertise both in the gaming industry and in Polkadot. Nicholas Douzinas is Co-Founder of Ajuna Network and Angela Dalton, CEO & Founder of Signum Growth, has a 20-year history in the gaming vertical as an analyst, investor, and board member, including as a seed round investor in Mythical and as board member of the largest esports org, FaZe Clan. She also served as Lead Advisor to the Web3 Foundation on the launch of the Polkadot network.

![](https://i.ibb.co/rF61dTx/Gamemaster.png)

**Our accomplishments before Dot Play**

— Served as Lead Advisor to the Web3 Foundation on the launch of Polkadot from 2019-2024, working closely with regulators to achieve Polkadot non-security status

— Seed round investor in Mythical, named as #1 in blockchain gaming by Blockchain Gamer.biz, and led the business development process to transition Mythical from Ethereum to Polkadot

— Co-Founded Ajuna Network on Polkadot

— Polkadot Play was formed as a collective of parachain teams including Ajuna Network, Astar, Moonbeam, Tanssi, and Unique and open to all

— Successfully worked with Unity and Parity Technologies on the Verified Solution Polkadot SDK for Unity

— Delivered the Verified Polkadot SDK for Unity in collaboration with Unity Technologies

— Organized and hosted many Polkadot & gaming & entertainment meetups at industry conferences

— Hosted weekly podcasts with the top game developers and creators

— Fostered relationships between studios, investors, and partners that have been pivotal to their success

**Queen’s Council (QCs)**

![](https://i.ibb.co/kx40pHg/QC.png)

**NEW TEAM: Questing Party Partners**

We are inviting the previous members of the Games Bounty and others in the community to use your knowledge of Polkadot and your interest in gaming to be eyes, ears and creative brain power for us and our projects. Present ideas at the Game Souk, and if the community votes your idea in, execute on it and get paid for your services. Help us grow, battle and avoid spiked floors and sand traps!

![](https://i.ibb.co/MPGbnB1/ourteam.png)

**Dot Play Signatory Team**

The Dot Play Signatory team will be comprised of five members and will be responsible for the release of funds for successful Qualified proposals. Signatory team members for Bounty:

— Chrissy Hill

— Bill Laboon

— Joe Petrowski

— Angela Dalton

— Nicholas Douzinas

![](https://i.ibb.co/n3mnnTq/signatoryteam.png)

**Vision**

Dot Play’s goal is to position Polkadot as the top blockchain solution for games. We will achieve this by focusing on the highest growth genres and the largest audiences within gaming, by building essential integration tools, and by providing sustainable business development support. Our strategy will provide a new way to create long term sustainability for the Polkadot treasury by entering into revenue share agreements with our target investments, thereby replenishing the Treasury and growing our impact. We have identified top developer studios working at the forefront of social gaming, AI, tools and user generated content (“UGC”) platforms that tap into mass market audiences and highlight Polkadot as the optimal Web3 solution for gaming. Dot Play will serve as a top-of-funnel hub to foster a ‘New Superstars’ community.

**Why Now**

We have witnessed several attempts at blockchain gaming “ecosystem funds” starting with the EOS fund in 2018. All in, we estimate that at least $1 billion has been invested in game developers since this time. Despite having little impact, each time a large gaming fund launches, it shifts the narrative and generally creates a lot of attention for a period of time. The newest such launch - the [Arbitrum Gaming Fund announced on June 10, 2024](https://forum.arbitrum.foundation/t/catalyze-gaming-ecosystem-growth-on-arbitrum/22368/177), a ~$215 million gaming ecosystem fund, including a ~$25m operating budget, to be deployed over three years.

The general approach of blockchain gaming investments is to offer financing to game developers, launch a token and liquidate. This has led to hundreds of short-lived games with low engagement. In fact, most are simple speculation games, similar to meme assets. Immutable X is a good example of a blockchain gaming developer that is making games which are targeted only to the crypto community - this week, the company [announced](https://x.com/0xferg/status/1803384921656008761?s=46&t=OCBkdxSb0b9IkrDtt49iAg) that they had launched more games in the first five months of 2024, at 147 games, than all of 2023. They added that they will launch another 60+ games over the next five months with an estimated 300 [games](https://gam3s.gg/news/immutable-q1-2024-recap-new-games-partnerships-and-surging-activity/) currently available on the network.

Putting Immutable’s announcement in context, Mythical NFL Rivals has created a mass market accessible game called NFL Rivals, which has garnered more than five million players and with a rating that has surpassed Electronic Arts’ 35 year old game, Madden. The Mythos blockchain, with NFL Rivals as a key driver of transactions, reported sales of $22 million over the last 30 days, greater than all Immutable games in total, with sales of $10 million.

[![](https://i.ibb.co/8zxNhnG/dadtadta.png)](https://www.cryptoslam.io/blockchains)

We believe the current environment in blockchain gaming presents an opportunity to emphasize the fact that when potential builders test all available blockchains, they cite Polkadot as the most secure, scalable and resilient platform, with an unprecedented ability to handle high transaction volumes. In fact, Mythical has mentioned many times publicly that, after a full evaluation of available protocols, they chose to build on Polkadot with full confidence that the company would be at the bleeding edge of industry technology and with the best engineering support for a mass market gaming platform.

“_The commitment of Polkadot to innovation, security, and governance provides tremendous development value for Mythical Games. This on-chain ecosystem will not only support the growth of Mythical Games but also help other Mythos partners to strengthen and build their projects_.”

\-John Linden, Founder and CEO of Mythical Games

**Dot Play Bounty**

The Dot Play Bounty will serve as an accelerator for the gaming and entertainment verticals for Polkadot. We believe that establishing a presence early in the highest growth genres within gaming is a differentiated strategy that builds sustainability for the Polkadot ecosystem. We are entering the market alongside Arbitrum’s recent launch. Our hands-on accelerator approach ensures that we can achieve greater results at lower costs.

**Our Network**

The Dot Play network is extensive. As part of Signum Growth, we have made investments in Mythical, Epic Games, Discord, Build A Rocket Boy (Everywhere platform), Sortium, Blockade Labs and GBM, which is the auction mechanism for online and offline applications, built on Moonbeam. Separately, we have an extensive network in the video game and esports industries, which may be tapped to benefit the Polkadot community. In addition, we are a Gold Member of the Blockchain Games Alliance (BGA), the preeminent non profit organization of the blockchain gaming industry, which offers many opportunities to feature Polkadot and educate game developers.

![](https://i.ibb.co/bW1rtfS/partners.png)

**Dot Play Go To Market**

“_We see the future of gaming being secured by Polkadot infrastructure_.”

The Dot Play Bounty aims to capitalize on the shift in the entertainment industry, particularly the convergence of gaming and traditional media, such as movies, TV, and music. We recognize the shift in audience preferences and the increasing appeal of user-generated content platforms like Roblox and Fortnite among Gen Alpha and Gen Z.

The substantial payouts to developers on platforms like Roblox (2023 $740 million) and Epic’s UEFN (Year 1 ended March: $320 million), signals a growing opportunity for creators to monetize their content. Roblox recently announced that 77.7m players visit the game daily, placing Roblox alongside the largest platforms globally.

![](https://i.ibb.co/wBm2zBk/robloxvssocial.png)

The team has been working together since March, in daily meetings to strategize the most impactful way to go to market within the gaming vertical with Polkadot. Our plan is to roll out a multi-faceted go-to-market depending on the game genre, audience and the potential ease of Polkadot adoption in various scenarios. As an overall rule of thumb, we will focus on the earliest stage of game development when we can influence substrate adoption. We have seen in the past, there is significant time and cost friction in “converting” an existing game with a token to Substrate. We will focus on the largest potential audiences with the strongest engagement, which has not been attempted to date. We believe that audience size and engagement are the key metrics to focus on to build brand value for the Polkadot ecosystem over the long term.

**Creating a Games Accelerator in Polkadot**

![](https://i.ibb.co/VMZ5SNk/Polkadot-Play-25.png)

1.  Evaluate a steady inbound flow of game studios or game tool companies each week - studios, independent and AAA games, and tools
2.  Introductory call, led by one or both of the Dot Play managers, with questions prepared in advance by the Gaming Analyst
3.  Follow up to schedule second meeting or if at any point, we decide the project is not a fit for funding, evaluate other paths in Polkadot and communicate to the project
4.  Dot Play team to write strategy memo and build financial model, if enough information exists
5.  Evaluate Technical integration and Tokenomics- Technical Advisory
6.  Evaluate Product Market Fit - Games Advisory
7.  Channel Checks - Gaming analyst to lead analysis
8.  Investor Checks - Dot Play managers to reach out to other investors who have previous experience with the team, if appropriate
9.  Provide feedback to Technical and Gaming Advisory teams for further use in the ecosystem
10.  Submit to Dot Play Curators for Bounty approval
11.  Continued support of the studio and the project to further identify opportunities
12.  Foster collaboration between Polkadot studios and projects, e.g., the IP and studios that are building on Polkadot

**Proposed Refill of Dot Play Bounty:**

Total ask: **400k DOT into game projects**

Treasury / Dot Play profit split: 80/20; Note: Dot Play will not receive any fees as a percentage of the Treasury allocation, but instead will only receive a percentage of successful / profitable outcomes that grow the Treasury. This will create a way to grow the bounty over time by driving new capital back into the ecosystem.

— Tooling and Game publishing operations across projects: $700k

-   Tooling, website hub, including Polkadot Engine SDKs Unreal $475k
-   Game publishing accounting, investment reporting and legal $225k

**Business Development in Dot Play will focus on:**

**Developing a Sustainable Deal Flow**

The primary focus is establishing a robust and consistently replenishing pipeline of opportunities within the gaming sector. This involves proactive outreach and engagement strategies aimed at forging valuable partnerships and collaborations.

**Creating a Dedicated Gaming Portal within Polkadot**

Initiate the creation and deployment of a centralized hub dedicated to serving the gaming vertical within the Polkadot ecosystem. This hub will serve as a hub for relevant resources, information, and networking opportunities tailored specifically to the gaming industry stakeholders

**Facilitating Project Onboarding to Polkadot**

Actively facilitate the integration process for gaming projects seeking to leverage the capabilities of the Polkadot network. This entails providing guidance, support, and necessary resources to expedite the seamless transition onto the platform. Additionally, Dot Play will ensure each gaming project is matched with the most suitable ecosystem partner or partners, offering the best sustainable solution for the project's growth and success

**Optimizing Outbound Support for Parachain Teams**

Efficiently streamline the provision of outbound assistance to parachain teams operating within the gaming vertical. This involves enhancing communication channels, refining support mechanisms, and ensuring the timely resolution of any queries or challenges encountered by these teams.

**Ecosystem Tooling**

Identifying and implementing ecosystem solutions to onboard game developers. Following the successful implementation of the Polkadot Unity SDK, we intend to facilitate the implementation of other solutions such as Unreal Engine and GoDot. In the case of the Unity SDK, the technical solution and implementation were offered by Ajuna Network and the Business development effort has been led by Parity. Dot Play intends to lead these efforts in tandem with ecosystem Teams.

For further reading, our [Dot Play deck is attached](https://dotplay.tiiny.site).

Follow us on Twitter at @dotplayteam

Dot Play proposes to accelerate gaming adoption of Polkadot by establishing a games accelerator for the ecosystem. They aim to focus on the highest growth genres and largest audiences within gaming, build essential integration tools, and provide sustainable business development support. They are requesting 400k DOT from the Treasury to fund game projects and will split profits 80/20 with the Treasury. Dot Play will also focus on developing a sustainable deal flow, creating a dedicated gaming portal within Polkadot, facilitating project onboarding to Polkadot, optimizing outbound support for parachain teams, and identifying and implementing ecosystem solutions to onboard game developers.

Dot Play Bounty

- Authena is moving its traceability platform to Polkadot to improve supply chain transparency using IoT, blockchain, and AI.
- This migration aims to meet EU and US regulations while enhancing consumer trust and security.
- Authena has received awards for its innovation in the luxury, pharmaceutical, and food sectors, showing it is reliable and recognized.
- The current platform has issues like high costs and slow transactions, which they want to fix by switching to Polkadot.
- They will create real-time monitoring using IoT devices and showcase their projects globally, including ads at Zurich airport.
- They are asking for 260,000 DOT (around $1.5 million) to help make these improvements.
- The project team includes experts in their field, along with experienced advisors from leading institutions.

Authena proposes to migrate its traceability platform to Polkadot for enhanced scalability, security, and compliance. The project includes integrating Polkadot with Authena's IoT multi-sensor devices, enhancing dApp functionality, and implementing blockchain-based analytics and AI. Authena seeks 260,000 DOT (~$1,528,000) for the project, which includes showcasing real use cases through global campaigns advertised online and at Zurich airport for 52 weeks. Authena has won the GSMA GLOMO Award for Best Mobile Innovation for Web3 and the LVMH Innovation Award for Operations Excellence.

Authena x Polkadot: The Future of Scalable Traceability

Snowbridge, a trustless bridge between Polkadot and Ethereum, has successfully launched and is growing in usage. It is a significant innovation for interoperability in the Polkadot ecosystem. The project has completed 3-4 integrations and plans to increase integrations across all parachains in the coming months. A treasury proposal has been submitted to finalize payments for completed engineering milestones, operating costs, and team incentives. The proposal includes additional controls for team incentives and medium-term insurance guarantees for bridge users. The total amount requested is 505157 DOT and 2812500 USDC, covering audit and operational costs, milestone completion bonuses, post-launch bonuses, and successful operation incentives. The beneficiary address is provided for the payments.

**Launch**

Snowbridge is live! We've been up for ~ 2 weeks, running smoothly since launch, with no issues and usage is starting to grow.

If you're not familiar with it, it's a bridge between Polkadot and Ethereum that is designed and implemented to be fully trustless, with no multi-sig or third party involved. It’s a major innovation for interoperability in the Polkadot ecosystem.

Snowbridge is one of the longest running and most complex public goods project in the Polkadot ecosystem outside of Parity itself, and many teams have eagerly awaited the launch.

We've also already finished off 3 - 4 integrations with other teams, and are expecting to ramp up integrations across all parachains over the next month before a wider growth and adoption program.

If you missed the launch, see more details in our blog announcement [here](https://snowfork.substack.com/p/snowbridge-is-live) and try it out yourself using the app [here.](https://app.snowbridge.network/)

**Treasury Proposal**

With the launch done, we’ve completed all our milestones from our [original proposal in 2022](../referendum/88) and are set up for the long term success of the bridge. In that proposal, our team and the Polkadot community agreed upon our expected milestone payments and incentives which totalled to ~$10 mil worth of DOT.

This proposal finalizes the payments for our 2024 completed engineering milestones, operating costs and team incentives. It also adds additional controls on those team incentives to ensure strong alignment between the team and the Polkadot community, and gives medium-term insurance guarantees to bridge users.

The proposal is long as it documents a lot of the work we've been doing over the last 2 years as well as future plans, but we're looking for any early support, feedback and discussion here before going live with the proposal.

The executive summary of the propsal is copied below, and the full proposal is here:

[https://spinamp.mypinata.cloud/ipfs/QmRSkK7YVbnTDYCsgWhyfvDydtbSi1uyWDbRDrxPvnPzmi](https://spinamp.mypinata.cloud/ipfs/QmRSkK7YVbnTDYCsgWhyfvDydtbSi1uyWDbRDrxPvnPzmi)

(Note: exact numbers will be updated based on the Subscan EMA7 rate on the day of submission)

**Executive summary**

Total amount: 505157 DOT and 2812500 USDC (~5,797,500 USD, based on the current Subscan EMA7 rate of 6.22, with a 5% buffer for slippage)

This is broken down into:

-   Audit & Operational costs: Single payout of 187849 DOT (based on $1,110,000). Paid on execution of proposal
-   Milestone completion bonus: First 12 out of 24 months vesting payouts, covering the period from July 2024 to July 2025. 13221 DOT per month, totalling 158652 DOT. Scheduled for monthly claim, starting immediately. (based on $937,500)
-   3-months post launch bonus: Single payout of 158656 DOT (based on $937,500). Scheduled for claim 3 months after launch.
-   Successful operation incentives: First 9 out of 21 months payouts, covering the period from July 2024 to July 2025. 312500 USDC per month totalling 2812500 USDC.

Beneficiary Address: 129Uxho5oKBz6js8dwjoQLzLjYsEs4ZLBtS7KRotQbunVNfP

This payment covers:

-   Auditing costs (both retroactive and future 2024 costs)
-   Sponsorship for light client relayer costs for 2024 (both retroactive and future costs through July 2025)
-   Already completed engineering and launch milestones
-   The first 6 out of 21 months of successful operation incentive payments, based on the schedule agreed upon in our original proposal, for longer term success in maintenance and development work on the bridge.
-   Medium-term Insurance for users of the bridge and the wider Polkadot community.

Snowbridge, the first fully trustless Polkadot <> Ethereum bridge is live. We’ve completed all our milestones from our original proposal last year and are set up for the long term success of the bridge.

Demo (on Polkadot): [https://app.snowbridge.network/](https://app.snowbridge.network/)

See the Completed Work and Future sections in the full document for a summary of our completed milestones, last year of work and future plans.

Our last successful proposal was in 2022, where our team and the Polkadot community agreed upon our expected milestone payments and incentives. The agreed total milestone payments and incentives totalled ~$10mil worth of DOT.

This proposal finalizes the payments for our 2024 completed engineering milestones, operating costs and team incentives. It also adds additional incentive alignment controls and medium-term insurance guarantees for the bridge. Further details on the payment and incentive structure, see the full document.

A summary diagram of payment flows:

![](https://i.ibb.co/z5KG6Gt/sankeymatic-20240703-184218-1800x1200.png)

The execution is a batch transaction, with spends that are delayed over the next year to cover all 4 payment buckets mentioned. There is a table that specifies the amount, validFrom and days delayed of each spend in a much simpler, easier to read form at the end section of the full proposal, linked above.

Snowbridge, a trustless bridge between Polkadot and Ethereum, has launched and completed its milestones. They propose a payment of 505157 DOT and 2812500 USDC (~5,797,500 USD) for audit and operational costs, milestone completion bonuses, and successful operation incentives. The proposal adds additional controls on team incentives and medium-term insurance guarantees for bridge users. The proposal details can be found at https://spinamp.mypinata.cloud/ipfs/QmRSkK7YVbnTDYCsgWhyfvDydtbSi1uyWDbRDrxPvnPzmi.

Snowbridge Launch and Treasury Proposal

This proposal is to ask for more money because the price of DOT changed and we got 30% less than we asked for. We asked for 167,214.5 DOTs, which was worth $1,585,229.01. But when we got the money, DOT was worth less, so we only got $1,107,026.87. This made us short by $478,202.14. We need this money to pay our workers and suppliers. We are asking for 478,202.14USDC. If we don't use all the money, we will take it out of our next request.

This proposal is to top-up our approved request from OpenGov #584, as due to the fluctuation of the DOT price, we have received 30% less liquid funds. OpenGov Referendum #584 / Treasury Proposal #751 was submitted on 2024-03-18 19:38:12 (+UTC). We requested 167,214.5 DOTs. At the time of conversion, the price of DOT was 9.4802, which translates to a request for $1,585,229.01. The funds were disbursed to the PBA on May 12th 2024, when the price of DOT was $6.6204, effectively making our funding $1,107,026.87 This resulted in a $478,202.14 deficit due to the drop in price of DOT. We did not expect such a level of volatility and our expenses are set in fiat. While we did allocate a buffer for the expenses to be incurred, this large deficit does not allow us to fulfil our obligations to our vendors in Singapore, our international faculty, and our operational staff. We are making a top-up request of 478,202.14USDC. As is the case with all Polkadot Blockchain Academy funding, any unused funds will be deducted from future proposals.

WHO: Polkadot Blockchain Academy
WHAT: Making a top-up request of 478,202.14USDC due to a $478,202.14 deficit caused by the drop in price of DOT.
PRICE/TIMEFRAME/RESOURCES: The requested amount is 478,202.14USDC and any unused funds will be deducted from future proposals. No timeframe or additional resources mentioned.

Top-up of Proposal 751 due to DOT price change

- KAGOME is a C++ version of Polkadot Host that helps make the Polkadot network safer and better by allowing different versions to exist.
- This proposal asks for money to keep improving KAGOME for the next four months after previous successful updates.
- Client diversity is important because it prevents one bug from breaking the entire network.
- KAGOME has added features like new network designs, security upgrades, and a special audit to ensure safety.
- Quadrivium, the company behind KAGOME, plans to develop another client called JAM in the future.
- The proposal includes specific tasks, like security improvements and fixing features that are only halfway done.
- They are requesting 141,395 DOT for the work from Quadrivium and SRLabs.

WHO: Quadrivium and SRLabs

WHAT: Requesting funding for the next 4 months to continue development of KAGOME, a C++ implementation of the Polkadot Host, with additional features such as security improvements, grid and cluster topologies, and disabled validators mechanism.

PRICE/TIMEFRAME/RESOURCES: Requesting a total of 141,395 DOT. Full breakdown available in the proposal.

KAGOME – the C++ implementation of Polkadot Host milestone 3

Marketing Bounty Drama: https://x.com/giottodf/status/1809311849726321033 Reports: https://www.marketing-bounty.com/ https://bit.ly/m/reports It looks like DOT community doesn't like the idea of automatic monthly refills \[ref 822\] so we are going back to one off refills as needed

Refill for marketing bounty number #33 - 500k DOT

Cancelled

![](https://i.ibb.co/1Mm3rrK/dotplay-pinks-large.png)

A new proposal to refill Game Bounty (#38) will be submitted shortly

- The Plaza Smart Contract Tooling project is looking to improve its proposal based on community feedback.
- They realized they should have shared more details about their research and plans earlier.
- The team has been part of the Polkadot community since 2019 and has experience in Web3 projects.
- Their updated proposal includes feedback and aims to explain their goals and connections with other projects.
- Key improvements to the proposal cover the team's background, the importance of their project, and how it fits within a larger vision.
- They encourage people who previously voted against the proposal to review the changes and reconsider their vote.

The proposal is for Plaza IDE, a smart contract editor tool for the Polkadot ecosystem. The updated proposal includes details on the team's background, the context of Web3 and Polkadot, the vision for the tool, and partnerships. Testimonials from industry professionals are also included. No specific price, timeframe, or resources are mentioned.

Plaza smart contract tooling

This proposal is about getting $1 million to sponsor big meetings and conferences for Polkadot, a digital money project. The goal is to find more money for Polkadot projects. Harbour Industrial Capital will organize these events, but other Polkadot projects and people can join too. They want to include many different speakers and make it open for everyone. 

The proposal is improved from a previous one, Ref 731, and now it is more inclusive and cost-efficient. Harbour Industrial Capital has experience in raising money and investing in Polkadot projects. They believe that having a big fund for Polkadot is important to help projects grow and get more money.

Family offices, which are rich investment groups, are a good way to bring more money into Polkadot. Harbour Industrial Capital can help these family offices invest in Polkadot projects easily. They also want to include other Polkadot projects, leaders, and funds in these events.

The budget for this plan is about $1 million, and they plan to organize around 20 events in two years. The money will be used to pay for event sponsorships and other costs. You can read the full proposal by clicking on the link provided.

_This proposal aims to obtain a marketing budget of US$1 million to sponsor a series of ~20 major established global family office summits and traditional investment conferences, which is where we see the greatest opportunity for untapped capital. The Polkadot presence at these conference series will be organised by Harbour Industrial Capital, but will be open to all Polkadot-based projects, ambassadors, VC funds and other ecosystem players who are interested in raising capital as part of this initiative._

_The full proposal can be found [here](https://docs.google.com/document/d/1oTgQ9Cd8jWm8NpTyCxm_xxTaisIHFeVaxs7oUHGIfjs/edit?usp=sharing)._

**Key changes compared to Ref 731**

This proposal is a revised version of [Ref 731](731), which was narrowly rejected during confirmation period on 2 June. We have received 31 comments for the proposal, most of which were extremely positive. However, there were also a few more critical points, primarily relating to the question whether this events series benefits Harbour Industrial Capital disproportionally. We took these suggestions to heart, made significant adjustments, and are pleased to present the revised proposal below.

-   **More Inclusive**: We will open up the conference series to all Polkadot ecosystem teams who are interested in fundraising alongside us. We will put them up on stage to present in front of an audience of wealthy investors who will be able to invest in their project directly. We commit to bringing on a diverse set of speakers, who we will invite via public Call for Speakers, well ahead of each event. This may include established Polkadot based-projects, early-stage Polkadot startups, members of Parity/W3F as well as other independent Polkadot ecosystem funds who are looking to raise capital.
-   **Head Ambassadors**: In early June the new Head Ambassador (HA) program was launched, and we are planning to involve the newly appointed ambassadors in all our events. HAs have been elected by the community to officially represent Polkadot, and speaking on stage at these investment conferences will be a great showcase for the HA program, as well as being a major driver for new capital inflows to Polkadot. Max and Mario of Harbour Industrial Capital are currently also running for HA, and – if successful – will use the ambassador designation (rather than Harbour Industrial) to speak at these conferences.
-   **More budget efficient**: If an external marketing agency organised the same events series, they would charge a salary for their employees, overhead, as well as a profit margin. We on the other hand are proposing to organise it at cost with no salary for ourselves.

Some people may still argue that despite the changes, the events series still benefits the Harbour Industrial Capital ecosystem fund disproportionally. This may well be the case, but keep in mind that having a new large ecosystem fund is clearly in the interest of Polkadot. In the end, the primary purpose of sponsoring these investor conferences is to drive fresh capital into our ecosystem. Whether this happens directly (for projects we bring to the events), or indirectly via our fund, should not be the primary concearn.

**Proof of Work**

Who we are and what we have done so far

As per Q1 2024, Harbour Industrial Capital has raised a Polkadot fund with AUM of US$10 million from around 40 LPs Exclusively deployed this in the Polkadot Ecosystems; Invested in over 20 parachains and other Polkadot-based projects Organisers of the Polkadot monthly meetup HK; speakers for Polkadot at many events including Sub0, ParisDOTcomm, Web3 Festival, WOW Summit, TeamZ and Polkadot PULSE TradFi background (Morgan Stanley, Deutsche Bank and Bank of China) and proven ability of bringing non-crypto native investors into Polkadot.

**Why We Need a New Large Polkadot Fund**

The unfortunate answer is: Because many traditional VCs still ignore projects building on Polkadot. Ask any team that recently tried to raise money from generic crypto VCs, a frequent reply is “You’ve got a good team and good idea, but why are you building on Polkadot?”. Sure, we believe this narrative will change over time as other capital allocators slowly begin to realise the potential of Polkadot. But in the meanwhile, we need a dedicated Polkadot-only VC, that helps all the exciting new projects building on Polkadot get off the ground.

It is a chicken-and-egg problem: If Polkadot based projects are starved of capital vis-a-vie those building in other ecosystems, Polkadot will never get the liquidity and “hype” that ultimately attracts more capital. Having worked in the ecosystem for many years, it’s sad to see quality Polkadot based projects migrate to other L1s/L2s, not because of the tech, but simply because they believe they have better opportunities to get VC funding there. We want to change that, and make Polkadot the place great builders go and access capital.

**Family Offices as LPs**

When looking to bring significant amounts of new capital into Polkadot ecosystems, we believe that Family Offices are the most promising investors. But why promote a Polkadot Ecosystem Development Fund, when people can just invest directly into Polkadot? There are at least three good reasons:

-   **A familiar structure for FOs** We will incorporate the fund in the Cayman Islands, as a standard GP/LP fund. This is the most common structure for VCs, and one that most FOs have probably used in the past for investment in VCs in different industries. They can wire cash to our bank account in the fund’s name, and get paid out the same way. No need to set up exchange accounts, or remember private keys. For crypto natives this may sound trivial, but for traditional FO who we target here this still constitutes a high barrier to entry.
-   **Entire Ecosystem** A simple investment into Polkadot may involve the purchase (and possibly subsequent staking) of DOT. However, to identify promising startups building on Polkadot requires in depth knowledge of the ecosystem and extensive due diligence. It is also exactly these startups to which we want to funnel the capital that they will require in their growth journey. It is unrealistic to expect FOs who come from different industry backgrounds to do this on their own.
-   **Active follow-ups** This may be the most subtle, but also the most important reason. Nobody “owns” Polkadot, hence nobody is incentivised to follow up with potential investors from the conference, arranging calls and continuing the conversation until the investment is made. Harbour Industrial Capital on the other hand has a great track record of converting leads into actual investors for Polkadot.

**Why Harbour Industrial Capital?**

Harbour Industrial Capital (HIC) is a private Polkadot VC fund, established by Max Rebol and Mario Altenburger in 2021. We are registered in the Cayman Islands and headquartered in HK. As of Q1 2024 we have an AUM of over US$10 million. We have raised this money from private investors such as Family Offices, and subsequently deployed it exclusively in the Polkadot ecosystem. Fund 1 held its final closing on 31 December 2023, and we are about three quarters deployed. The plan is to launch Fund 2 towards the end of 2024, with a target size of US$ 100 million.

**Inclusive Representation of Polkadot**

While Harbour Industrial Capital will take the lead in organising these events, we will actively bring a diverse set of people from within the Polkadot ecosystem to these events:

-   Head Ambassadors: In early June the new Head Ambassador (HA) program was launched, and we are planning to involve the newly appointed ambassadors in all our events. HAs have been elected by the community to officially represent Polkadot, and speaking on stage at these investment conferences will be a great showcase for the HA program, as well as being a major driver for new capital inflows to Polkadot. We will select HAs based on their public speaking track record and their location, preferring to work with those who are based nearby the conference location.
-   Polkadot-based Projects: We will publish a Call for Speakers, targeted at Polkadot-based teams, two months ahead of each conference. We will put them up on stage to speak about their projects, which at the same time will be a testimony to Polkadot capabilities. If investors in the audience subsequently get interested in this particular project they can exchange contacts and invest directly. At Harbour Industrial Capital we take pride in facilitating conversations between Polkadot-based projects and independent investors, and have a strong track record of doing so.
-   Parity and Web3 Foundation: We will extend invitations to speak at these events to Polkadot’s senior leadership team. Of course we would love to have Gavin at some of our events, but even if he can’t make it, there are many other people we would like to involve. This could include Parity’s Investor Relations team, or experts from the Web3 Foundation to speak on a particular topic relevant to the conference.
-   Other Polkadot Ecosystem Funds: As this event series will be a treasury funded initiative, we would like to extend the invitation to any other VC fund that is looking to raise capital for the Polkadot ecosystem. Their representatives will speak about Polkadot on stage, and will be able to promote their own fund to attending investors. From our perspective it does not make a difference which channel/fund is being used, so long as these conferences bring more capital into the Polkadot ecosystem.

**Budget**

Please find our proposed budget in the table below. Kindly note that this is still a draft, as the cost of many items are yet to be confirmed. Most importantly, the exact sponsorship fee will vary from event to event, and has to be negotiated with each event organiser. The numbers below are averages based on initial discussions we have had with different organisers. We have applied a discount of 50% for sponsoring an entire events series (rather than a one-off event), as all organisers prefer long-term partnerships and encourage them with such discounts. It is also the primary reason why we have decided to do this treasury proposal rather than go through the Events Bounty, which only supports one-off events.

Please also note that the amount between line items in this table may shift, depending on actual costs, so long as the total of $1m is not exceeded. A key variable in this budget is the number of events we will organise. We propose 20 events throughout the fundraising period of two years. However, it may end up being 15 or 25, depending on the actual costs of the initial events.

This means, we will continue organising the fundraising events, until this budget is used up. We believe that this approach is well aligned with the interests of the treasury: The more events we are able to organise, the more commitments into the fund we are likely to get, and the more capital we will have available to invest back into the Polkadot ecosystem.

![budget overview](https://i.ibb.co/gjYFGfM/Screenshot-2024-05-10-at-10-58-59-AM.png)

**Continue Reading**

The above is just a short summary. To read the proposal in full, including graphics and additional links please click [here](https://docs.google.com/document/d/1oTgQ9Cd8jWm8NpTyCxm_xxTaisIHFeVaxs7oUHGIfjs/edit?usp=sharing).

Harbour Industrial Capital proposes to obtain a marketing budget of $1 million to sponsor a series of ~20 major family office summits and investment conferences to raise capital for the Polkadot ecosystem. The events will be open to all Polkadot-based projects, ambassadors, VC funds, and other ecosystem players. The proposal aims to bring fresh capital into the ecosystem and will be organized at cost with no salary for the organizers. The proposal includes a budget breakdown for the events, and the events will continue until the budget is used up.

Revised Proposal: Polkadot Sponsorship of traditional Family Office Investment Conference Series

### OneBlock+ Hackathon Proposal Summary

- **Proponent**: OneBlock+ (12BJTP99gUerdvBhPobiTvrWwRaj1i5eFHN9qx51JWgrBtmv)
- **Requested Allocation**: 134,899 DOT
- **Hackathon History**: Organized 6 successful hackathons in Shanghai, Hangzhou, Chengdu, and Hong Kong from 2021 to 2023.
- **Participation**: Over 300 teams and 1000+ developers participated in these events.
- **2024 Plan**: Proposes to continue the Polkadot Hackathon from July to November 2024.
- **Locations**: Singapore and Bangkok in the second half of 2024.
- **Events Alignment**: Coincides with token2049 in September and Devcon in November.
- **Fund Allocation**: 30% for operating costs, 70% for rewards to winning teams.

WHO: OneBlock+

WHAT: Proposes to continue the Polkadot Hackathon program from July 2024 to Nov 2024 and bring it to Singapore and Bangkok in the second half of 2024.

PRICE/TIMEFRAME/RESOURCES: Requested allocation of 134,899 DOT to host, prize, and organize the 2024 Polkadot Hackathon in Singapore and Bangkok. Operating cost is 30% of the total cost, and 70% fees are distributed to the winning team as rewards.

2024 Polkadot Hackathons (September 2024 in Singapore and November 2024 in Bangkok)

Referendum #644, also known as the "Top Up" referendum, is a proposal to request additional funds for a community-approved sports sponsorship. The proponent, ORSEN_SEAN, is seeking 598K DOT to cover the price difference and provide a 15% buffer against price volatility. The beneficiary is a multi-sig account with 9 trusted community members. No funds have been transferred from the multi-sig, and none will be without full disclosure of contract terms. If the DOT price increases, any additional funds beyond the $8.82m requested in Referendum #644 will be returned to the treasury.

[REFERENDUM #644](referenda/644) "Top Up"

**Proponent:** ORSEN\_SEAN - 1eUsBZgJuvpmVNBrBSRQ9gjPTuH6QMAnQrdwQ1ZXwa5FEvo

**Beneficiary:** Multi-sig - 13JJDv1yBfMtP1E66pHvm1ysreAXqkZHxY5jqFR4yKPfL2iB

Multi-sig with 9 trusted members of the community. 

**Status:** Currently in contract negotiation with community approved sports sponsorship proposition. 

No Funds have been transferred from Multi-sig, or will be transferred without full disclosure of contract terms.

**Top Up Funds Requested:** 598K DOT

In referendum #644 we requested a total of $8.82m with the day's EMA7 of $9.11 This was a total of 968k DOT. Current EMA7 is $6.12 at Block #21288919. The Multi-sig currently has insufficient funds to enter the agreement approved by the treasury.

In this referendum we are requesting a total of 598k DOT to cover this price difference with a 15% buffer to protect against further price volatility.

In the event of DOT Price increase, any funds in addition to the $8.82m requested for and approved by treasury during Referendum #644 will not be transferred from the Multi-sig and will be returned to the treasury.

WHO: Multi-sig with 9 trusted members of the community. 

WHAT: Requesting 598K DOT to cover the price difference for a community-approved sports sponsorship proposition. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Requesting "Top Up" of Approved Ref #644 due to DOT price change

Integritee has created a special technology called a privacy sidechain that helps keep transactions private. Here are some key points:

- They tested their technology in May 2024, where users moved a lot of digital money.
- A total of 200,000 PAS was transferred by 95 users in just two weeks.
- Their goal is to allow private transfers of digital tokens within the Polkadot network.
- Integritee is asking for about 803,680 CHF to continue their project.
- They plan to launch their product on two platforms: Kusama and Polkadot.
- The budget covers costs for development, marketing, and security checks.
- They have also provided videos explaining why privacy in transactions is important.

Integritee requests 135,527 DOT (≃897,463 USD) from the Polkadot treasury to fund remaining activities until launch on Kusama and Polkadot. The project aims to enable privacy-enhanced transfers of any fungible token in the Polkadot ecosystem. The main deliverables include productive Incognitee deployments on Kusama and Polkadot, private transfers of limited amounts of DOT, KSM, and USDC/USDT, and at least one wallet UI implementation. The budget includes internal costs of 600,000 CHF and external costs of 164,000 CHF, with an additional retroactive coverage of 39,680 CHF for work completed since the last approved proposal.

Incognitee: Productive Privacy Sidechains for DOT, KSM and all Substrate- Based Chains

- Beamswap Team is planning to ask for 500,000 $DOT for a new program to help people start trading on Polkadot.
- They want to attract new users by creating a trading platform called Beamex for perpetual trading of $DOT.
- Beamex is unique because it has no price impact and offers low fees for traders.
- The money will be used mostly to make it easier for people to trade ($475,000) and for marketing and competitions ($25,000).
- This effort is meant to bring more traders to Polkadot and compete with other trading networks.
- By rewarding those who provide liquidity, they hope more people will use the Beamex platform. 
- This proposal works together with another one that seeks to add more liquidity into Beamex's trading pool.

Beamswap Team proposes to onboard new traders to Polkadot by creating a seamless native decentralized perpetual trading experience. They request 500,000 $DOT for 1 year, with 475,000 $DOT for increasing market liquidity and 25,000 $DOT for trading competitions, marketing efforts, and offline events. The primary goal is to onboard new traders to Polkadot, and the secondary goal is to create a significant influx of liquidity providers in the Polkadot ecosystem.

Beamex PERPadot: Liquidity Incentives  program to attract liquidity and onboard new users to the Polkadot ecosystem via Perpetual Trading 

- The post talks about a proposal for the Polkadot ecosystem from the Beamswap team.
- They are asking for 500,000 $DOT to improve trading on their platform, Beamex.
- The money will be used to create a larger liquidity pool, helping users make bigger trades.
- Beamex is a special place where users can trade without affecting the prices too much.
- They want to attract more traders and users to Polkadot by offering better trading options.
- Having more money in the liquidity pool helps ensure trades can happen smoothly, even when prices change quickly.
- This proposal is linked to another program that also aims to improve trading and attract new users.

WHO: Beamswap Team

WHAT: Requesting 500,000 $DOT for one year to create significant $DOT liquidity depth on Beamex by allocating it into Beamex Liquidity Pool (BLP), allowing users to open larger leverage positions natively on Polkadot.

PRICE/TIMEFRAME/RESOURCES: 500,000 $DOT for one year.

Beamex PERPadot: DOT LP Depth Loan, a significant DOT liquidity depth on Beamex Perpetual Exchange

- Sphere 10 Software wants to create an open-source SQL tool called SubstrateSQL Server for Polkadot blockchains.
- This tool will turn blockchain data into SQL databases, making it easier for businesses to use.
- Key features include automatic SQL setup, real-time data access, and simple transaction creation using SQL instead of complex APIs.
- It helps with things like data analysis, tracking assets, and connecting business systems to blockchains.
- The project aims to be user-friendly, allowing companies to adopt it without needing blockchain experts.
- They are asking for $175,000 in DOT to pay for development, with plans to keep the project open-source.
- The project will take around 9-12 months to complete and promises ongoing support for 18 months after launch.

Sphere 10 Software proposes the creation of an open-source SQL solution, SubstrateSQL Server, for Polkadot and Substrate-based chains. The system will generate an optimized SQL database, synchronize data in real-time, and allow for direct interaction with the blockchain via SQL. The project aims to unlock several critical use cases, including analytics, taint analysis, integration broker, payment, and event notifications, and low-friction adoption. The proposal seeks 175,000 DOT to cover research and development costs, primarily for developer salaries, with an anticipated completion of a Minimum Viable Product (MVP) within nine months and the entire project fully delivered by the twelve-month mark. The project will be open-source and cross-platform, with comprehensive documentation for both system administrators and end-users.

Proposal for the Development of SubstrateSQL Server

**HEROIC Esports Sponsorship Offer**

We are excited to offer a team sponsorship of HEROIC, a top esports organization. For $1,337,000, you can have a 1-year exclusive partnership with the chance to extend. HEROIC has top teams in games like Counter-Strike, Fortnite, DOTA2, and PUBG Mobile. They have over 4.4 million fans on social media and a world-class marketing team.

**What Polkadot Gets:**

- Primary blockchain sponsor of HEROIC
- Exclusive commercial licensing
- Polkadot integration in HEROIC's marketing assets
- Content production and marketing campaigns
- Fan tournaments and activations
- Community votes on various topics
- Special offers on HEROIC merchandise
- Giveaways of HEROIC jerseys
- Presence at industry and community events
- A Polkadot Marketing Council for messaging and content adjustments
- Monthly reports on marketing activities
- A business development group to find new partnership opportunities

Check out the [full proposal](https://drive.google.com/file/d/1aLsss2sxMqbUEHeGZaKZOZnWllfaqbuW/view?usp=drive_link) and [full term sheet](https://drive.google.com/file/d/14DKyNsSq9h9Pov97-8SS9wv4df96njXG/view?usp=drive_link) for more details.

![image.png](https://i.ibb.co/WGwtkFD/image.png)

**Overview - the offer in short**

[**VIDEO: THIS IS HEROIC**](https://vimeo.com/938606230/07b6caa473?share=copy)

We are excited to present a team sponsorship of HEROIC, one of the leading esports organizations globally. Be a part of HEROIC’s top performing esports teams and unique humoristic tone of voice in viral gaming marketing.

Funds requested: $1,337,000 (in a USD-DOT equivalent, 7-day average) for 1 year exclusive partnership with opportunity to extend.

[**FULL PROPOSAL IN PDF**](https://drive.google.com/file/d/1aLsss2sxMqbUEHeGZaKZOZnWllfaqbuW/view?usp=drive_link)

**What HEROIC brings**

-   Top 10 Counter-Strike team playing at the biggest tournaments globally, including Majors, IEM Katowice, IEM Cologne and BLAST tournament series
-   #1 Fortnite player in Europe in ThomasHD, who is qualified for Fortnite World Cup, expected invite to Esports World Cup and contender to Fortnite Global Champion Series 2024
-   Best South American team in DOTA2, contending for participation at The International 2024
-   Newly added MENA-based roster in PUBG Mobile contending for participation at Esports World Cup
-   4.4M+ HEROIC fans across official social media channels of teams, players and influencers
-   One of the most engaged fanbases of all Counter-Strike teams and live viewership in the millions
-   World-class marketing and content production team, creating gaming entertainment for endemic and non-endemic gaming brands (i.e. Samsung, BenQ Zowie, Porsche, Red Bull and Joma)
-   Access to event presence and fan activations at the largest esports tournaments in the world
-   Access to network and industry expertise to explore Polkadot business dvelopment opportunities

**What Polkadot gets**

[**VIDEO: Polkadot x HEROIC teaser**](https://vimeo.com/938660967/d5090c2575)

_**Key deliverables:**_

-   Primary blockchain sponsor of one of the most visible organization in esports
-   Exclusive commercial licensing against competitors in category
-   Full integration of Polkadot in HEROIC’s physical and digital marketing assets, including:
    -   Jersey (right collarbone and left sleeve) and Polkadot merchandise designs
    -   Website and social media (i.e. match posts, giveaways)
    -   Stream overlay in HEROIC twitch-streams
![image.png](https://i.ibb.co/n02TC8h/image.png)-   Content production:
    -   1x Launch video of partnership (example: [Joma](https://twitter.com/heroicgg/status/1769352586849595570))
    -   4x Commercial marketing campaigns to raise brand awareness during big tournaments
-   Polkadot name integration for HEROIC’s star player inside DOTA2 at all eligible tournaments (ex: “HEROIC.KJ.polkadot”)
![image.png](https://i.ibb.co/8bQnfN9/image.png)-   A Counter-Strike / DOTA2 / Fortnite fan tournament with a specific purpose (i.e. wallet sign-ups, follow a channel, product testing)
-   HEROIC X Polkadot physical fan activation at a selected tournament (i.e “Beat the Pro” or “1v1/ 2v2 tournament”)
-   Polkadot Community vote selected topics i.e.:
    -   New dedicated esports team initative playing in Polkadot-themed jersey
    -   Game title for Polkadot x Heroic online fan tournament
    -   Tournament for a selection of discounted tickets where HEROIC plays
    -   Polkadot x HEROIC essential items designs
    -   Polkadot community esports team reward (i.e coaching session, signed items)
    -   Other community ideas
-   Special offers on HEROIC’s merchandise for Polkadot community members
-   A selected amount of Official HEROIC Jerseys for giveaways
-   Staff presence from HEROIC at relevant industry and community events (i.e. Polkadot decoded)
-   Polkadot Marketing Council with selected community members as SMEs to solidify messaging and adjustments in content
-   Monthly reporting on marketing activities to track and improve selected KPIs
-   A dedicated Buiness Development working group including HEROIC’s business development team and Polkadot community members to identify and evaluate top projects for an extended partnership opportunity.

[**FULL TERM SHEET IN PDF**](https://drive.google.com/file/d/14DKyNsSq9h9Pov97-8SS9wv4df96njXG/view?usp=drive_link)

HEROIC, a leading esports organization, is seeking a 1-year exclusive partnership with an opportunity to extend for $1,337,000. Polkadot will be the primary blockchain sponsor and receive exclusive commercial licensing against competitors in the category. Polkadot will also have full integration in HEROIC's physical and digital marketing assets, content production, and access to event presence and fan activations. Additionally, Polkadot will have a dedicated business development working group to identify and evaluate top projects for an extended partnership opportunity.

HEROIC x Polkadot sponsorship

### Proposal Summary

- **Purpose**: Set curators for the IBP bounty as outlined in Proposal 649.
- **Pure Proxy Address**: `1EkXxWpyv5pY7t427CDyqLfqUzEhwPsWSAWeurqmxYxY9ea`
- **Multisig Address**: `14B1PrRGJX9JNcNrsLC8j3cie5KmzWkCXaYR9wKrjqKFuzht`
- **Signatories**: 5 members with a threshold of 3/5 required for approval.
  - Erin (Parity)
  - Otar (Ecosystem)
  - Anaelle (Parity)
  - Benjamin (Astar)
  - CoinStudio (Ecosystem)

WHO: The proposal seeks to set the curators for the IBP bounty. 

WHAT: The curators will be set as per the approved Proposal 649. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Propose Curator for IBP

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

medium_spender

Referenda 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.

[34] Origin: BigSpender