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

big_spender

### 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)

Executed

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

- David Dall'Aglio from team eVox is proposing a campaign for Polkadot with a budget of 980,000 USD.
- The campaign will last for 6 months and can be renewed if needed.
- They have worked with partners like CoinGecko and THE BLOCK to promote Polkadot.
- eVox has managed over 100 creators from 30 countries and achieved millions of impressions and engagements.
- The proposal includes live sessions, social media posts, and newsletters to enhance Polkadot's presence.
- The goal is to increase brand awareness and reach over 300 million impressions in 6 months.
- The campaign aims to establish strong accountability and performance metrics through contracts.
- They suggest funding the activity through a referendum for better support and organization.

David Dall'Aglio from team eVox/Pineta Digital proposes a 6-month partnership with CoinMarketCap to enhance Polkadot's presence. The proposal includes monthly deliverables and social media enhancements for a negotiated price of 138,218 DOT ($980,000). The expected results are increased brand loyalty and awareness, cross-promotion synergy, and over 300M expected impressions. The proposal will be funded through a dedicated referendum via OpenGov.

CoinMarketCap x Polkadot 6 months integration (Renewable)

- Kampela is a device with a keyboard, but users didn’t like typing on it, even though it looks better than the iPhone keyboard.
- The iPhone keyboard works better because it uses smart tricks to help users type faster and easier.
- Kampela is improving its design and user experience (UX) to make it easier for everyone to use, not just tech experts.
- A new team member, Sveta Goldstein, is helping to make Kampela more user-friendly and ready for mass adoption.
- The team plans to make Kampela smaller, easier to use, and compatible with more devices like phones and computers.
- They will also create a new app and improve the device’s software to make it work better for everyday users.
- Good UX is very important for making Kampela popular and easy to use for everyone, not just tech-savvy people.

Rejected

Kampela, a hardware wallet for Polkadot, needs to improve its user experience (UX) to become a mass-market device. The proposal includes conducting end-user UX research, creating a unified UX glossary, redesigning the Kampela firmware, improving the mobile companion app, and integrating Kampela into desktop wallets. The project plan involves a team of professionals and costs €859,200. The aim is to make Kampela a landmark feature of the Polkadot ecosystem with good UX grounded in user testing and done by professional designers.

Kampela hardware cold signer productizing proposal

Harbour Industrial Capital wants to raise a second Polkadot Ecosystem Fund worth $100 million. They need a marketing budget of $1 million to do this. They plan to spend the money by sponsoring 20 Family Office summits and investment conferences. 

Harbour Industrial Capital has already raised a Polkadot fund of $10 million and invested in over 20 parachains and other Polkadot-based projects. They have a team with experience in traditional finance and can bring non-crypto investors into Polkadot. 

The new fund is needed because many traditional venture capitalists still ignore projects building on Polkadot. Harbour Industrial Capital wants to change this and make Polkadot the place where great builders go to access capital. 

The investment strategy of Harbour Industrial Capital includes attracting old money to Web3, educating investors about Polkadot, achieving absolute returns on Polkadot, and supporting their portfolio companies. They plan to organize Family Office Summits to help their portfolio companies raise funds. 

The budget for the marketing campaign is still a draft, but it includes the cost of sponsoring events and other expenses. The number of events they can organize will depend on the actual costs. The more events they can organize, the more commitments they can get for the fund, and the more capital they can invest back into the Polkadot ecosystem.

_This proposal aims to obtain a marketing budget of US$1 million to support Harbour Industrial Capital in raising a second Polkadot Ecosystem Fund, with a target size of US$100 million. The primary means of spending this marketing budget will be through sponsorship of approximately 20 Family Office summits/ traditional investment conferences, where we see the greatest opportunity for untapped capital._

THE BELOW IS JUST A SUMMARY.  
TO READ THE FULL PROPOSAL, PLEASE CLICK [HERE](https://docs.google.com/document/d/1s-QBE6GYZh917bQC-b9GV2ffCVWkgwxRqks-uTiGQ5s/edit?usp=sharing).

**UPDATE 10 MAY: UPON REQUEST FROM SEVERAL REVIEWERS, WE HAVE ADDED A MORE DETAILED BUDGET IN THE TABLE BELOW. THERE HAVE BEEN NO CHANGES TO THE OVERALL BUDGET, IT JUST PROVIDES A MORE DETAILED BREAKDOWN OF COSTS.**

**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.

**Why Harbour Industrial Capital?**

Harbour Industrial Capital (HIC) is a private Polkadot VC fund, established by [Max Rebol](http://www.linkedin.com/in/maxrebol) and [Mario Altenburger](https://www.linkedin.com/in/marioaltenburger/) 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.

Investment Strategy Harbour Industrial Capital aims to achieve the following four interrelated objectives:

-   **Attracting Old Money to Web3  
    **We currently have around 40 LPs, primarily family offices and HNWI in Asia and Europe. Our focus hereby lies on bringing in capital with limited exposure to the crypto space, and offer a one-stop-shop, for everything Polkadot. We observed that these investors like to place large bets on entire ecosystems, but then prefer to work with professional fund managers to pick individual projects within.

-   **Polkadot Education  
    **Over the past three years, we spent a lot of time educating investors about the benefits of Polkadot, hosting events and meetups, speaking at Web3 conferences around the world and engaging in countless one-on-one conversations. Polkadot is a complex project, and needs good communicators to articulate its message.

-   **Achieving Absolute Returns on Polkadot  
    **In Fund 1 our primary strategy was buying DOT, which we subsequently used in parachain auctions to support promising projects to win a parachain slot. We have so far successfully done this for over 20 parachains. For Fund 2, our primary deployment strategy will be classical token VC, meaning we will pay cash for tokens, typically in a seed round, but potentially also in a growth stage. In addition, we may run other strategies that benefit the Polkadot ecosystem, such as buying liquid parachain tokens which we consider undervalued, liquidity provision (on Polkadot-based DEXes) and coretime brokerage (on Lastic).

-   **Supporting our Portfolio Companies  
    **Once invested in a Polkadot-based project, we support them in every way we can. Traditionally a central value add was helping them secure a parachain slot, which with the transition to core time is however becoming less important. We now help them access blockspace and set up collators, and introduce them to market makers and exchanges for token listing. Another important aspect of supporting our portfolio companies is getting them in front of investors at the Family Office Summits which we plan to organise (see next section for details), actively supporting their subsequent fundraising rounds.

**Family Offices as LPs**

Target LPs will primarily be institutional investors such as Family Offices (FOs) 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 will charge a standard carry, hence it will be in our very own interest, to follow up on every lead, and get them to invest.

**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.

![](https://i.ibb.co/pn5tnd5/Screenshot-2024-05-10-at-10-58-59-AM.png)

**Continue Reading**

The above is just the short summary. To read the proposal in full, including graphics and additional links please click [here](https://docs.google.com/document/d/1s-QBE6GYZh917bQC-b9GV2ffCVWkgwxRqks-uTiGQ5s/edit?usp=sharing).

Harbour Industrial Capital seeks a marketing budget of $1 million to raise a second Polkadot Ecosystem Fund of $100 million. The budget will be spent on sponsoring around 20 Family Office summits/traditional investment conferences to attract non-crypto native investors. The proposal includes a detailed budget breakdown, and the events will be organized until the budget is used up. The aim is to make Polkadot the go-to place for great builders to access capital.

Marketing support to help raise a new  US$100 Million Polkadot Ecosystem Fund

- **Problem**: The Polkadot treasury funds projects using DOT cryptocurrency, but DOT's price changes a lot. This makes it hard for projects to know how much money they will get in USD.
- **Solution**: Create an Insurance Fund to help projects get the right amount of money, even if DOT's price goes up or down.
  - If DOT's price goes down, the fund gives more DOT to projects to make up for the loss.
  - If DOT's price goes up, the fund takes back extra DOT to keep things fair.
- **Team**: The fund will have a director, curators, a treasurer, and signers to manage the money and make sure everything is done correctly.
- **Money Needed**: The fund needs 1 million DOT to start and will help projects affected by price changes since April 1st.
- **Reports**: The fund will share updates every two months to show how it’s doing and keep everything transparent.
- **Goal**: Make sure projects get the money they need, even when the market is unstable.

Polkadot proposes a Treasury Insurance Fund to stabilize the USD value received by projects funded by the Polkadot treasury, compensating for DOT price fluctuations. The fund will provide additional DOT to projects if the cryptocurrency's value decreases and retrieve excess DOT if its value increases. The fund will be managed by a Director, three Curators, a Treasurer/Accountant, and two Signers, with compensation ranging from $500 to $2,000 per month. The initial funding request is for 1 million DOT, with bi-monthly reports detailing the fund's activities and financial movements. The fund will ensure projects receive the full intended value of their funding, despite market conditions.

Establishing an Insurance Bounty to increase fiscal efficiency of Polkadot treasury

### Summary

- **Interlay** is a key Bitcoin bridge and DeFi hub in the Polkadot ecosystem.
- **iBTC** is in high demand but there is no spare capacity to mint more.
- Interlay plans to add new lending markets and vault collaterals to increase iBTC capacity.
- The Polkadot Treasury is being asked to support incentivizing 45 iBTC with a grant of 202,030 DOT.
- This would help meet the growing demand for iBTC from DEXs and money markets.
- The proposal aims to boost vault rewards to attract more collateral and increase iBTC capacity.
- If approved, the DOT grant would be staked and converted to INTR to incentivize vault operators.

Interlay seeks Polkadot Treasury support to incentivize 45 iBTC with a grant of 202,030 DOT. The grant will be used to increase the collateral capacity to mint more iBTC as part of the broader Polkadot DeFi liquidity campaign. The cost to incentivize vault capacity for 45 more iBTC is $1.56M. The granted DOT would be immediately staked as vDOT so that it appreciates with staking rewards throughout the year, further increasing the total value paid out to vault operators.

Incentivize Interlay iBTC capacity as Polkadot common good

TimedOut

VOTE NO - DUPLICATE

- Gossamer is a project built using Go to help the Polkadot network.
- It works as a full node and a validator node to make the network stronger.
- Created by ChainSafe Systems, a company that works on blockchain technology.
- The team is asking for support to continue developing Gossamer for the next 12 months.
- Goals include making the full node more reliable and adding validator node features.
- They plan to test and run nodes on the Polkadot testnet.
- The team is requesting 368,016 DOT to fund this work.
- You can contact them at gossamer@chainsafe.io for more information.

WHO: ChainSafe Systems

WHAT: Continue supporting Gossamer development for the next 12 months, achieving full node and validator node capabilities, and discovering its potential and value within the Go development ecosystem.

PRICE: 368,016 DOT

TIMEFRAME: Q2/Q3/Q4 2024 and Q1/Q2 2025

Ongoing Development of Gossamer (16 months)

- A refill of 500k was confirmed yesterday, and another 500k is requested.  
- Marketing bounty funds are empty, and the next spending period is 22 days away.  
- The bounty will run on credit, promising influencers payment later, creating debt.  
- The price of DOT dropped by almost 50% since the last refill.  
- Community feedback shows people prefer transparency over cost savings.  
- Influencers offer discounts if prices are kept private, but the community wants full transparency.  
- Transparency will increase costs by 50% to 100%, but it will show detailed spending.

WHO: The person making the proposal
WHAT: Requesting a refill of 500k for marketing bounty
PRICE/TIMEFRAME/RESOURCES: Not specified

Requesting a refill for marketing bounty number #33

Chainalysis has proposed a collaboration with Polkadot to provide data, analytics, and compliance solutions. This partnership aims to help Polkadot grow its business compliantly within the institutional market. Chainalysis will offer visibility to regulators and authorized institutional prospects of any risky on-chain activity related to the DOT token on the Relay Chain. They will also provide on-chain intelligence to authorized institutional clients to meet their requirements related to the listing of the DOT token. The collaboration will help Polkadot increase its market capitalization, capture a larger market share of institutional market growth, grow adoption on crypto markets, avoid fines and reputational losses, and grow in popularity among institutional clients. The proposal can be found [here](https://docs.google.com/document/d/1UutTTs8k0BkcKxIHn8wdQTJDY0WDHrrHjX_7K_f79qw/edit?usp=sharing).

### Treasury Proposal: Chainalysis x Polkadot

Requested DOT: 1,000,000 DOT

Short description: Project Category/Type: Chainalysis provides data, analytics, and compliance solutions to Polkadot, driving insights that may be helpful for institutional market entry.

Context of the proposal Proposal executive summary: Chainalysis is pleased to collaborate with Polkadot. As the leader in blockchain intelligence, Chainalysis data and software can help Polkadot grow their business compliantly within the institutional market.

Institutional clients fall under the oversight of various global and national regulatory bodies such as the Financial Action Task Force (FATF), the European Securities and Markets Authority (ESMA), and the United States Securities and Exchange Commission (SEC). As guidelines and rules for digital assets evolve and become more definitive, exemplified by frameworks like Markets in Crypto-Assets Regulation (MiCA), entities such as Polkadot need tools and training to ensure regulatory compliance.

For institutional clients, one major requirement before listing a token or building an app is the ability to understand the risk of working with that particular blockchain and be able to monitor and trace its tokens. This includes understanding the level of risk of that ecosystem, determining what controls can help mitigate those risks, and equipping them to fulfill regulatory reporting requirements about investments in its tokens.

Chainalysis is well positioned to provide tooling to Polkadot that helps them enter the institutional market by:

**Providing visibility** to regulators and authorized institutional prospects of any risky on-chain activity related to the DOT token on the Relay Chain

-   A key driver to unlock institutional interest is to ensure good standing with regulatory bodies. This involves taking a risk-based approach and receiving alerts on any risky activity that may be present related to the DOT token on the Relay Chain
    
-   Chainalysis provides the best-in-class data platform when it comes to identifying illicit activity and empowering users to take a risk-based approach
    
-   This is not just about avoiding negative consequences but also about building a reputation as a responsible and law-abiding actor in the digital assets space
    

**Offering on-chain intelligence** to authorized institutional clients to meet their requirements related to the listing of the DOT token, which may be related to Investigations, Compliance or Growth use-cases

**Collaborating with Polkadot** on events, announcements, case studies,, etc that would help spread the word that Chainalysis collaborates with Polkadot and provides compliance software

The Polkadot community intends to leverage Chainalysis software to support the following business goals:

**Increase in market capitalization** of the network through institutional adoption, specifically by including DOT tokens in the portfolios of these large institutions

**Capture a larger market share of institutional** market growth in the crypto assets space – as projected by analysts – either via tokenisation or through the development of applications that uses DOT tokens

**Grow adoption on crypto markets** across the world. As cryptocurrency adoption grows (see our annual Geographies report), Polkadot would like to win a larger stake in the market by positioning its ecosystem one of the safest

**Avoid fines** and reputational losses by providing a safe and transparent ecosystem where institutions and regulators can monitor risks

**Grow in popularity** among institutional clients that are building applications in this ecosystem and driving growth of the developer’s community

In order to achieve these goals, Polkadot needs a blockchain analysis solution to help build trust among regulators, institutional customers and prospects, and developers.

For complete proposal, please refer to the following [link](https://docs.google.com/document/d/1UutTTs8k0BkcKxIHn8wdQTJDY0WDHrrHjX_7K_f79qw/edit?usp=sharing).

⚠️⚠️**This presentation is a continuation of the Chainalysis session that regrettably couldn't be presented in its entirety at the AAG event due to time constraints, resulting in an interruption by the host.**

[https://youtu.be/Eq0zPTLd3K0](https://youtu.be/Eq0zPTLd3K0)

⚠️⚠️  The Chainalysis team has improved some points in the proposal. The changes are:

-   1M DOT instead of 10M USD
-   API access. Data surfaced within the Ecosystem Intelligence solution will be made available via API.
-   Onboarding from 10 months to 6 months.
-   Inclusion of AssetHub in the Onboarding.
-   And changes in the phases reducing the deadlines, please feel free to check the proposal
-   All changes are highlighted

⚠️⚠️ We've released the AMA video from Chainalysis held on May 13th.

[https://youtu.be/OKrt2gGe4Cw](https://youtu.be/OKrt2gGe4Cw)

Chainalysis is proposing to collaborate with Polkadot by providing data, analytics, and compliance solutions to help Polkadot grow their business compliantly within the institutional market. Chainalysis is requesting 1,000,000 DOT to provide tooling to Polkadot that helps them enter the institutional market by providing visibility to regulators and authorized institutional prospects of any risky on-chain activity related to the DOT token on the Relay Chain, offering on-chain intelligence to authorized institutional clients to meet their requirements related to the listing of the DOT token, and collaborating with Polkadot on events, announcements, case studies, etc. The proposal aims to increase market capitalization, capture a larger market share of institutional market growth in the crypto assets space, grow adoption on crypto markets across the world, avoid fines and reputational losses, and grow in popularity among institutional clients that are building applications in this ecosystem and driving growth of the developer's community. The proposal has been updated to request 1M DOT instead of 10M USD, API access, onboarding from 10 months to 6 months, inclusion of AssetHub in the onboarding, and changes in the phases reducing the deadlines.

Chainalysis analytics solutions on Polkadot Relay Network

**Nova Spektr: All-in-One Polkadot Desktop Application**

- **Purpose**: Nova Spektr is a desktop app for the Polkadot ecosystem, designed for enterprise users, DAOs, and individual users.
- **Features**: Includes OpenGov voting, delegations, asset portfolio view, and support for complex account structures.
- **Enterprise Focus**: Supports over 75 Polkadot networks, multisig operations, staking, and secure key management.
- **Funding**: The project is funded by the Polkadot Treasury for 5 months.
- **Milestone 4**: Focuses on enhancing governance, operations, and user experience.
- **Security**: Features secure key management, hardware wallet support, and light client integration.
- **Open Source**: The application is secure and open-source, with a metadata portal for over 80 Polkadot networks.
- **Proposal**: Detailed proposal available [here](https://docs.google.com/document/d/14wyKOadBkY2BPZp5IUHD6Ved1mX-AdgOJ4253UyWmMU/edit).

Nova Spektr is a Polkadot desktop application for enterprise adoption. They are proposing funding for 5 months to develop enterprise-focused features for their all-in-one application, with a focus on OpenGov voting, delegations, and multisigs. The proposal includes a detailed list of features and is funded by the Polkadot Treasury.

Nova Spektr Milestone 4 Proposal: OpenGov voting and delegation, Support for complex account structures, Flexible multisigs, Operation basket, Assets Portfolio view, Fellowship voting, Web-hosted app

**Summary:**
- The IBP is a group of independent infrastructure providers aiming to be the main service provider for the Polkadot ecosystem.
- They offer infrastructure services like RPC to help new and existing projects focus on building.
- The program is designed to make the Polkadot and Kusama networks more decentralized and resilient.
- Services are provided on infrastructure owned by the members, avoiding intermediaries.
- Payment is only made retroactively for delivered services, based on USD value.
- The proposal includes setting up over 1140 RPC nodes and handling billions of requests monthly.
- Full details are available in the linked document.

The IBP aims to become the main ecosystem RPC and 'IT department' for the Polkadot ecosystem and all parachains by offering infrastructure related services. The program is a specialized initiative to enhance the decentralized infrastructure of the Polkadot and Kusama network. The requested amount is set up as a bounty with 5 Polkadot native curators where costs are only paid retroactively. RPC services are all paid retroactively for delivered services monthly by USD value.

Infrastructure Builders Program Bounty

**Polkadot Sports Sponsorship Proposal**

- **Proponent:** ORSEN_SEAN
- **Beneficiary:** Multi-sig wallet with 8 trusted community members
- **Funds Requested:** 968K DOT (USD 8,820,000)
- **Purpose:** Secure a global sports sponsorship with a top sports team
- **Benefits:** Elevate Polkadot's global brand recognition and engage a large fanbase
- **Partnership Management:** Handled by ORSEN SA, an international sports marketing agency
- **Sponsorship Assets:** Include branding, advertising, VIP experiences, and fan engagement activities
- **Goal:** Increase awareness, education, engagement, and conversion of Polkadot technology

**WHO:** ORSEN\_SEAN

**WHAT:** Requesting 968K DOT (USD 8,820,000) to secure a global sports sponsorship opportunity with one of the world's most engaging and followed sports teams, managed by ORSEN SA.

**WHY:** To instantly elevate Polkadot to become a globally recognizable brand and develop and promote Polkadot technology through a highly engaged global fanbase providing on-chain activations and real-life technology use cases.

#644 Polkadot - Sports Sponsorship Fund

- The Mythos Foundation and Mythical Games are working with Polkadot to improve blockchain gaming.
- Mythical Games is the second-largest processor of digital assets after Ethereum.
- They plan to swap tokens: 1,000,000 DOT for 20,000,000 MYTH tokens.
- This partnership aims to bring over 4 million players to Polkadot and enhance gaming experiences.
- Mythical Games, known for popular games like NFL Rivals, will help increase interest in Polkadot's gaming capabilities.
- The initiative will benefit DOT holders through airdrops and gaming incentives.
- Mythical Games aims to create better ownership and value for players in games.
- Polkadot's technology supports customized and flexible game development.

Mythical Games and Polkadot, a proposal from Mythos Foundation Swiss

VOTE no, wrong track

- A replacement referendum aims to execute the funding from Ref 514.
- Ref 514 failed to pay out at the end of the last spend period.
- The funds will be returned to Treasury Partners Conor Daly and Athelo Group.
- Details are provided in a community update video by The Kusamarian.
- The beneficiary is a multi-sig held by Conor Daly, LearnPolkadot, and The Phunky One.
- DOT holders are urgently asked to support this referendum.
- The deadline for confirmation is April 17, 2024, at ~9PM UTC.

WHO: Polkadot Holding community, Conor Daly, Athelo Group.

WHAT: Execute funding passed in Ref 514 and return donations to Treasury Partners.

PRICE/TIMEFRAME/RESOURCES: Urgent support needed to confirm referendum before April 17, 2024, at ~9PM UTC.

Conor Daly Indy500 Replacement Ref

The Tie, a leading provider of information services for digital assets, has proposed a partnership with Polkadot to increase its institutional visibility and foster connections with traditional and crypto-native institutions. The partnership aims to provide Polkadot with a series of curated institutional access services and build meaningful analytics for widespread distribution. Key benefits of the partnership include speaking opportunities at The Tie's conferences, private meetings with institutions, an invitation-only event focused on Polkadot, webinars, and a Polkadot-centric dashboard on The Tie Terminal. The Tie will also build standardized Polkadot metrics and redistribute Polkadot analytics via API to exchanges and platforms, enhancing Polkadot's visibility among millions of clients. The requested amount for this partnership is 150,000 DOT.

**![](https://lh7-us.googleusercontent.com/AKg-BaMVNCUm9xeSaE_wNp3lq9r6AtgSbwZJ4L--gUNoEGjg6OY8dXo55l5Hzuby3CtgzEEMoHKx9W-wAXm4WP3MMPIi9JUKJSomiLaLE5a3ZuSfKIMpbBWhD6TxNvq0FO8OQuB2lWQou7ooK4PCkPg)**

Hello Polkadot Community,

[The Tie](https://thetie.io) is proposing to partner with Polkadot to **elevate Polkadot’s institutional visibility, foster strong connections with leading traditional and crypto-native institutions, and ensure ongoing communication for sustained growth across the ecosystem.**

[_Below are key highlights, please reference the full proposal here._](https://docsend.com/view/ae2ad6pxs8tn6gsn)

Thank you for your consideration!

The Tie Team

**What is the Situation?**

Despite its market-leading technology, Polkadot is often overlooked by institutions due to a limited presence in institutional circles and insufficiently accessible or well-presented blockchain data and metrics for DOT.

The Tie has a proven track record working with token issuers to increase institutional exposure and access to leading traditional and crypto-native hedge funds asset managers, banks, VCs, liquidity providers, trading venues, and other institutional market participants.

**What is the Solution?**

The Tie will partner with the Polkadot ecosystem to drive increased exposure to institutions by providing a **series of curated institutional access services and building meaningful analytics on Polkadot for wide-spread distribution.**

As part of our partnership, The Tie will provide the following:

1.  Speaking opportunities for Polkadot at all of The Tie’s institutional conferences (~4 annually) attended by senior decision makers at hundreds of leading institutions
2.  Polkadot will be made an annual keynote speaker at our flagship [Bridge conference](https://bridge.thetie.io), hosted last year in partnership with the New York Stock Exchange and attended by 220 TradFi and crypto native institutions
3.  Polkadot will be a featured sponsor at The Tie conferences and listed in all promotional materials
4.  The Tie will facilitate meaningful institutional private meetings with Polkadot at every event. The Tie made 500 institutional introductions to tokens in the past 3 months including to tier 1 banks, asset managers, hedge funds, VCs, and other market participants for investment, tokenization, liquidity provision, and relationship building purposes
5.  The Tie will host an institutional invitation-only event in NYC exclusively focused on the Polkadot ecosystem
6.  The Tie will host quarterly webinars and publish recap reports highlighting Polkadot’s technology, projects, and use cases and featuring builders from within the Polkadot ecosystem
7.  Polkadot will receive ongoing connectivity to institutions via The Tie Terminal messenger & exclusive announcement feature
8.  The Tie will build Standardized Polkadot metrics on [The Tie Terminal](https://www.thetie.io/solutions/the-tie-terminal/) and in The Tie APIs - used by hundreds of unique institutions
9.  The Tie will build a Polkadot-centric dashboard on The Tie Terminal, which will be made a default dashboard for all clients
10.  The Tie will redistribute Polkadot analytics via API to more than a dozen exchanges and platforms that whitelabel The Tie’s data. Platforms that currently license data from The Tie include Interactive Brokers, Broadridge, Cointelegraph, BitMex, Nexo, Real Vision, and FalconX. This integration will enhance Polkadot's visibility among millions of institutional and retail clients of these platforms and provide actionable insights that drive interest in the ecosystem.

[_These are highlights, please reference the full proposal_ _here._](https://docsend.com/view/ae2ad6pxs8tn6gsn)

**The Bridge hosted by the NYSE**

**![](https://lh7-us.googleusercontent.com/WWup5ympHjPdoo877anofy2PHq65hz58bEH3-9HEK47yhk8TOmCGb1QmRoVmB0tRIvpwkULm-RUrkJ1R4wbklogUB8wnoMF9Gm0tU1gnaDsV48ZCJbLSMr1D9FyXPEEpGAyZ3N_aCn94ZVpWPXfcZ0s)**

**![](https://lh7-us.googleusercontent.com/v8YWiu4MX_cAPa7GtYEgQLh8F0BifRHYLTrVrW8YorVW1CQ8e6YZ9dl1xEJScq_oTbhmfDGFgBD2_aQxA6jAN1jrvG1NYd1VvjQKfi7fjN_ctgzYCMYXUGzYEsMf-MHJCupLTFLK6KGsKcYwwIM_ZVM)**

**Example of a Dashboard built by The Tie x Ava Labs on The Tie Terminal.  We would build a comparable dashboard for Polkadot highlighting key metrics that are most important to institutions.**

**![](https://lh7-us.googleusercontent.com/J94ERxWarX7cdQtpTzrJqZL0taVutP32wC1Wzp3mIo_ijhstGqWMZhHQI6mmhBJjX4ElHKlO2vB3XdBvhYLflQQWUy7Vj3lxDV0HBgOvKSlyxQdb6iKyPH6Mf2GGdGRpmBKQljcevI0AIH0kUyF08l8)**

The Tie will deliver Polkadot actionable metrics and alerts to major exchanges and platforms enhancing visibility to a broad retail audience.

**![](https://lh7-us.googleusercontent.com/OjdaITN7zB54IxTOTUoo9kRIRzM-XyxAELr16bFg4-GzE3cxuIWZIYT0LYf7z80BY2ZrkkpzY_a_jANdjvGSEpimiaXVPc2HJ2FxBa4vHt7YUadJcmbn7Cg9OhOiY2TP1DDU0GxOesd5BxmThrFUDAY)**

[_These are highlights, please reference the full proposal_ _here._](https://docsend.com/view/ae2ad6pxs8tn6gsn)

# **Proposal Details**

Full data integration plus twenty-four months of service on events and institutional access.

The full proposal including key deliverables and implementation timeline can be viewed [here](https://docsend.com/view/ae2ad6pxs8tn6gsn).

Requested Amount: 150,000 DOT

# About The Tie  

[The Tie](https://www.thetie.io/) is the leading provider of information services for digital assets.  We have three core verticals: Institutional Services, Data Redistribution, and Token Services.

Institutional Services includes our flagship product The Tie Terminal, relied upon by over hundreds of top institutions to make better-informed decisions, and APIs which help quantitative firms build stronger models.

Redistribution Services licenses our institutional-grade datasets, to trading venues and retail platforms, providing users with information and insights they need to approach the market with confidence.  

Token Services offers a range of services to leading token issuers including corporate access conferences, investor relations dashboards, and data-driven business intelligence.

# **In Conclusion**

The Tie is excited to work with the Web3 Foundation, Parity Technologies, and core contributors on behalf of the entire Polkadot ecosystem to increase institutional exposure and access.

Thank you for your consideration,

The Tie Team

The Tie proposes to partner with Polkadot to increase institutional exposure and access by providing institutional access services and building meaningful analytics. The proposal includes speaking opportunities, private meetings, webinars, and a Polkadot-centric dashboard. The requested amount is 150,000 DOT for 24 months of service.

Polkadot x The Tie Partnership to Increase Institutional Exposure and Access

- Velocity Labs is starting a project called the DeFi Infrastructure and Tooling Bounty.
- The community has already approved this project with a vote.
- The bounty doesn't need extra money; it just needs curators for management.
- A group of seven curators will oversee the bounty.
- Curators include leaders from companies like Velocity Labs, Moonbeam, and Acala.
- The management will carefully decide how to use the funds.
- People are encouraged to ask questions in the comments.

Velocity Labs proposes a curator set for the DeFi Infrastructure and Tooling Bounty, which has already been approved by the community. The bounty will be managed with a 4/7 multi-sig, and the proposed curators include Nicolas Arevalo, Alberto Viera, Bryan Chen, Lucas Vogelsang, Leemo, Jakub Gregus, and Giotto. No additional funds are requested.

Proposing Curators for the DeFi Infrastructure & Tooling Bounty

Our team just finished a big project that cost 250,000 and we almost ran out of money. We think we should always have at least 500,000 to make sure we can keep working on marketing. We want to spend more money on marketing in the future to get more people to know about us. We also want to work with big airports in important cities, but we need to pay them many months in advance. So, we need to have some extra money saved up. We are asking for 500,000 more. You can see all our spending and work at this link: https://bit.ly/m/reports

We just got executed for a refill of 250k and we barely made it before the spending period I believe the marketing bounty should always have a reserve of min 500K to avoid risk of interrupting marketing We expect spending to increase in the coming months and we want to try to take every opportunity for increased exposure during the coming bull market We are also going to do deals with airports in key cities which have to be paid many months in advance and cannot be paid on a month to month basis so it requires some reserves I am requesting a refill of 500k DOT All reports regarding expenses and deliveries will always be available at the following link: https://bit.ly/m/reports

WHO: Unspecified group/individual
WHAT: Requesting a refill of 500k DOT to maintain a reserve for marketing bounties, increase spending, and pay for deals with airports in key cities.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Error - Vote no

The Polkadot Blockchain Academy (PBA) is asking for money to run their fifth program. This program will happen from May 20 to June 20, 2024, at the National University of Singapore. They will teach 90 students in person and 50 to 100 students online. The goal is to help more people learn about Polkadot and become good at using it. They teach in person and also make online lessons. You can read more about their plan by clicking this link: [Proposal Details](https://docs.google.com/document/d/1K1hkkK7OYxZ1dhpLMC36lJuO5FBlhEe1dMtQYyNcHbQ/edit#heading=h.l03seqnwsavp).

On behalf of the Polkadot Blockchain Academy (PBA) I am posting this treasury proposal for funding of the fifth wave of the Academy. The PBA will run from 20th May to 20th June, 2024 and will be held at the National University of Singapore. The program is selecting 90 in person students and 50 to 100 remote students who will join via video and audio link. The goal of the Polkadot Blockchain Academy is to help speed the adoption of Polkadot by seeding the ecosystem with educated developers and aspiring technical Polkadot ecosystem team founders. Currently we offer in person education such as the previous course held at Cyberport in Hong Kong, we are also creating online content to roll out an asynchronous course and are piloting the remote offering in Singapore Below is a link to the proposal in detail. https://docs.google.com/document/d/1K1hkkK7OYxZ1dhpLMC36lJuO5FBlhEe1dMtQYyNcHbQ/edit#heading=h.l03seqnwsavp

WHO: Polkadot Blockchain Academy (PBA)
WHAT: Funding proposal for the fifth wave of the Academy, selecting 90 in-person and 50-100 remote students to speed up Polkadot adoption
PRICE/TIMEFRAME/RESOURCES: Not specified in the summary, detailed proposal available in the provided link.

Polkadot Blockchain Academy - Wave 5 in person and remote - Singapore 20th May to 20th June 2024

PBA referendum - vote NAY - incorrect preimage

- A group is requesting 1,000,000 DOT to help a project called StellaSwap.
- The goal is to make more people use and trade on Polkadot.
- StellaSwap is a special trading platform that helps find good prices for assets.
- The money will make the market stronger by increasing the trading options available.
- They want to make Polkadot more popular and active through increased trading. 
- StellaSwap already has a lot of users and high trading amounts. 
- More funding will allow for better services and benefits for users.

StellaSwap requests 1,000,000 DOT to grow DeFi activity on Polkadot by deepening market depth and attracting liquidity. The grant will be used to increase market depth of strategic assets and foster a more efficient marketplace. The goal is to kickstart flywheel effects and increase network activity and exposure.

StellaSwap Incentive Program

### Polkadot Hydration Campaign

- **Goal**: Attract liquidity to the Polkadot ecosystem.
- **Amount Requested**: 1,000,000 DOT.
- **Purpose**: Fund a liquidity mining program.
- **Assets Included**: DOT, iBTC, vDOT, and native stablecoins.
- **Impact**: Increase trading efficiency and ecosystem health.
- **Parallel Proposal**: LP 1,000,000 DOT into the HydraDX Omnipool.
- **Governance**: Approved by HydraDX token-holders.
- **Previous Discussion**: Increased from 500,000 DOT to 1,000,000 DOT based on feedback.

HydraDX Treasury is requesting 1,000,000 DOT to fund a liquidity mining program to attract liquidity and attention to the Polkadot ecosystem. The program will provide incentives for LPing into DOT, 8+ ecosystem assets, iBTC, vDOT, and native stablecoins. The proposal was ratified by HydraDX token-holder governance, and the full proposal can be found in the provided links.

Polkadot Hydration: Liquidity Incentives

### Summary of Proposal

- **Objective**: Increase DOT liquidity in the HydraDX Omnipool.
- **Requested Amount**: 1,000,000 DOT.
- **Method**: Non-custodial and decentralized, with funds controlled by Polkadot Protocol and OpenGov.
- **Current Liquidity**: Over 690,000 DOT and 560,000 vDOT already in the Omnipool.
- **Benefits**: Better order execution for DOT trades, aiding ecosystem projects and Treasury diversification.
- **Related Proposal**: A parallel proposal suggests 1,000,000 DOT for liquidity incentives.
- **Previous Discussion**: Initial request was 500,000 DOT, increased to 1,000,000 DOT based on feedback.
- **Full Details**: Available in the [full proposal document](https://docs.google.com/document/d/1f66CtFkJZmvVeAbKc_ivBRrmcR0FnG63QGUgywca_x8/edit).

Polkadot proposes to add 1,000,000 DOT as liquidity into the HydraDX Omnipool in a decentralized and non-custodial manner, with the funds remaining under the control of the Polkadot Protocol and OpenGov. The requested DOT would add to an existing 690k+ DOT (and 560k+ vDOT) which is already LPed into the Omnipool. The proposal aims to strengthen DOT on-chain liquidity and provide better order execution for anyone trading DOT on HydraDX. The requested amount is 1,000,000 DOT, and the proposal was made on 08-03-24.

Polkadot Hydration: Treasury LP

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