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

big_spender

### 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.

Rejected

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.

TimedOut

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.

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.

Executed

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.

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.

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

Refill for marketing bounty number #33 - 500k DOT

Cancelled

- 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.

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.

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.

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

- 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.

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.

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

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