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

big_spender

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

Executed

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.

Requesting a refill for marketing bounty number #33

Rejected

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

DED foundation is deciding whether to prioritize speed of execution or seek funds from the Treasury. Memes are important in the community as they bring people together through humor and a sense of belonging. A tool for airdrop and distribution of meme coins will be open source. A referendum is being held to see if the community wants to fund DED long-term, asking for 1 million DOT. Voting yes means 100% of DED tokens will be distributed to DOT holders, while voting no means a smaller amount will be distributed and private investors and influencers will be involved. The goal is to understand the community's long-term view on funding DED.

UPDATE 2: DED foundation has resolved to prioritize speed of execution and will not be seeking funds from the Treasury -- UPDATE: Memes serve as a bridge in our community, blending humor with cohesion. They remind us to laugh at ourselves, fostering a sense of belonging. Through shared amusement, memes bring us closer, highlighting our collective journey with light-heartedness and unity. Any tool created by this bounty for airdrop and distribution of meme coins will be made open source so that any other meme coin creator can use it for their own meme coin -- With this referendum we are asking 1 million DOT for future funding of DED Based on several Twitter polls I have the feeling that the community is against funding this meme coin for the long run in order to make it a success This referendum is designed to understand if there is appetite in funding DED for the long run or not, it doesn't mean the 1 million have to be entirely spent but they could be spent if it will lead to effective results The point is we have to decide if to airdrop 100% of the DED tokens or not If we airdrop 100% of the tokens we have to be sure that we have funds from the treasury to support the development and marketing of DED Because if we airdrop 100% and then the community doesn't want to continue funding DED we basically run out of ammunition, we cannot sell DED tokens to private investors or give them to influencers Voting yes to this referendum means that 100% of the supply will be distributed to DOT holders as initially planned Voting no means that a smaller amount will be distributed to DOT holders and private investors will be involved and some tokens will also be given to influencers I will abstain from voting on this referendum because the goal is to sense the long-term view of the community regarding funding DED For context: https://x.com/giottodf/status/1765800732735815823?s=20 https://x.com/giottodf/status/1765970981842006224?s=20 Curators: TBD

The DED foundation is proposing a referendum to ask for 1 million DOT for future funding. The referendum aims to understand if there is appetite for long-term funding of DED. Voting yes means 100% of the supply will be distributed to DOT holders, while voting no means a smaller amount will be distributed and private investors and influencers will be involved. The proposal does not specify a timeframe or resources needed.

DED Bounty - VOTE NAY

The Paseo testnet bounty is a proposal for a decentralized, community-run testnet for Polkadot. The proposal does not request funds but aims to set curators for the bounty. There are four proposed curators: Birdo, Chaosdao Multisig (2/3), Erin Grasmick (Parity Devops), and Wil Wade (Frequency). A multisig has been set up with these curators, and individual signers are listed. The Chaosdao Multisig consists of three key members selected for their participation in Polkadot governance and other bounties. All child bounties will be voted on within Chaosdao governance and enacted by the multisig signers. Links to the curator submission, original discussion, forum post, treasury proposal, and Paseo.network website are provided for more information.

Hi all,

Thanks to everyone that voted in favour of the Paseo testnet bounty — we believe that having a decentralised, community run testnet is not only an important step for Polkadot, but it also sets a blueprint of how the community can lead initatives.

This proposal is not requesting any funds and is only to set the curators for the Paseo Testnet bounty. The curators were already listed in the proposal, but I have made a shorter version for review, specifically for voting on this proposal. 

There will be 4 proposed curators with a 3/4 threshold.  
Curator members are: Birdo, Chaosdao Multisig (2/3), Erin Grasmick (Parity Devops), Wil Wade (Frequency).

The multisig has been setup already with the proposed curators.  
Vault: 15oE3ZD75uPxZmfNSFuNVT1KnBJQqvJrXhZtEtBBZh7yxtPi  
Multisig: 16Sq4DbHGGDsVkgum9dVyTzRzvkiZrWG7mFSj8tuUEbPcA8o

Individual signers:

-   Birdo: 12s37eSMQPEN5cuVyBxk2UypUHntwumqBHy7sJkoKpZ1v3HV
-   Wil: 12WLEg326iCERNyUMU29juvuP16W9dE4nfCtNm32SMD4dTHS
-   Erin: 1erinozp829iWKdSTeik8TWjtnU4DCX4WntDwdiwN5mMjWH
-   CD Multi: 13B84nmc8HGXjP4PGAsWS3Su945D3MVsbBddLvqdu8E9xq2o

The ChaosDao Multisig is made up of three key members from ChaosDao - they have been selected for their excellent participation in Polkadot governance and with other bounties like the events bounty. All child bounties to be paid will be voted on within ChaosDao governance and enacted by the multisig signers.

  
Curator submission | [Link](https://docs.google.com/document/d/1BknF-v1d4YKnhMYEmpsZz-FOLwGwm3a5zaL5BJw1FyQ/edit#heading=h.836s71yn9cpz)  
Original discussion | [Link](../post/2100)  
Forum post | [Link](https://forum.polkadot.network/t/the-new-polkadot-community-testnet/4956/1)  
Treasury proposal | [Link](464)   
Paseo.network website | [Link](paseo.network)   
  

Any questions please post here :)

This proposal sets the curators for the Paseo Testnet bounty, with no funds requested. Four curators have been proposed with a 3/4 threshold, and a multisig has been set up. The ChaosDao Multisig will handle all child bounties, and all bounties will be voted on within ChaosDao governance. No price or timeframe is mentioned.

Paseo Testnet - Curator submission

Token Terminal and Parity Data have proposed a plan to integrate Polkadot's ecosystem data into Token Terminal's product suite. This will allow Polkadot data to be shared directly with major partners like Bloomberg, MarketVector, and Coinbase SMA, giving Polkadot more exposure to institutional investors. Here are the main points:

1. Token Terminal will create a data pipeline for Polkadot, which is needed for their partnerships with Bloomberg and MarketVector.
2. This will let Polkadot's data be shared with Bloomberg and make DOT eligible for MarketVector indexes, which will be shown on Coinbase SMA platform.
3. Token Terminal already covers data for 16 other blockchain networks.
4. Parity Data will help with data integration by providing expertise and access to important information.
5. The plan will include data from all active Polkadot parachains and create a unified dataset on Token Terminal's web platform.
6. Polkadot's data will be available on all of Token Terminal's data products and channels, including the Bloomberg Terminal.
7. There will be a research article and podcast episode about Polkadot's data and ecosystem.
8. DOT will be eligible for Token Terminal-powered cryptoasset indexes.
9. The Parity team will have access to Token Terminal's data products to check the integrated data.
10. Parachains will get more exposure to investors and decision-makers through unbiased metrics.
11. The partnership will last for 16 months and cover integration and maintenance.

This integration will help Polkadot be more visible in the global blockchain analytics space and reach a wider audience of investors and decision-makers.

![](https://lh7-eu.googleusercontent.com/RSrEtdQSr8yrUbTaUPnCxFCp8EnCuaKE58NzBt2hxPg3js4bYgcVXlhHwLYi1-JYJK6k1kHGeV9D7QI14ewjjD1DW52xmcJpT_pUdZwkoz7BDT6evAFLzNoEhPxCQrd88Aa_pF6DXRk4AP03wQlnHOg) Dear Polkadot community, \*\*Full proposal details available: ➡️ \[here\]() ⬅️\*\* We’re excited to open up this proposal after inital discussion, which is the result of negotiations between Token Terminal & Parity Data initiated on January 15th, 2024. ## Proposal Overview \[Token Terminal\](), supported by Parity Data, proposes to integrate Polkadot's ecosystem data into its product suite, enabling direct data sharing with major partners such as Bloomberg, MarketVector, and Coinbase SMA, for unparalleled exposure of Polkadot to their institutional investor base. Not only will the data be accessible, but most importantly the readily computed metrics with the appropriate definitions. ## Executive summary 1. ① Token Terminal will build and maintain a full-stack end-to-end data pipeline for Polkadot → this data ownership is a direct requirement from the demand side of Token Terminal’s institutional partnerships with \*\*Bloomberg and MarketVector\*\*, as a prerequisite for Token Terminal’s crypto data to be featured for investor and TradFi audience on their platforms 2. ② Everything sourced through this model, where Token Terminal operates the infrastructure and data pipelines, unlocks direct data sharing with Bloomberg, and eligibility of DOT native token for MarketVecotor indexes, which are announced to be propagated to \[Coinbase SMA platform\]() (marketing window to institutional investors and private wealth asset managers) 3. ③ Token Terminal currently covers 16 competitor blockchain networks 4. ④ In this way Parity Data will \*\*facilitate data integration\*\* by providing data engineering and analytics expertise for Substrate data, access to DotLake for QA purposes, relevant codebase, and unblocking all technical questions that arise during the project. 5. ⑤ This initiative will integrate data across all active Polkadot parachains (as blockchains, not businesses) connected to the Polkadot relay chain (\\~50), as well as establish \*\*parachain price feed\*\*, resulting in a unified dataset on Token Terminal’s web platform. 6. ⑥ Polkadot’s data (and its application ecosystem) would be available across all of Token Terminal’s data products & channels (incl. the Bloomberg Terminal) 7. ⑦ Polkadot’s data (and its application ecosystem) \*\*would be covered in long-form research article & fundamentals podcast episode\*\* (TT 300k monthly visits, X 100k followers, Newsletter 40k subscribers, YouTube 5k subscribers) 8. ⑧ Polkadot’s native token \*\*DOT\*\* would become \*\*eligible for Token Terminal-powered cryptoasset indexes\*\*, the first of which was \*\*launched in collaboration with \[MarketVector\]() (owned by VanEck) in late ‘23.\*\* 9. ⑨ The Team supporting the integration from Parity side would get access to \*\*all three (3) of Token Terminal’s data products\*\*, in order to perform QA of integrated data. 10. ⑩ Parachain exposure - the full Polkadot ecosystem's integration into Token Terminal’s platform will offer parachain projects unprecedented exposure to investors and decision-makers through unbiased metrics. This opens us an opportunity for Token Terminal to do bilateral deep-dives with parachain founders to highlight specific use cases and value propositions of Polkadot parachains. 11. ⑪ The partnership will span \*\*16 months covering integration and maintenance\*\*. \## Proposal Details - \*\*Duration\*\*: 16 months - \*\*Requested Funding\*\*: 171,827 DOT - \*\*Implementation\*\*: Phased integration and maintenance, ensuring full coverage of Polkadot’s ecosystem across Token Terminal’s platforms. - \*\*Collaboration Basis\*\*: Token Terminal approached Parity Data due to a year-long successful collaboration on increasing Polkadot and Kusama relay chain metrics coverage on their platform (mainly API sourced and therefore not eligible for further data propagation to Bloomberg), ultimately advocating for a full Polkadot ecosystem integration. - \*\*Pre-Proposal Actions\*\*: Parity Data shared detailed information on DotLake to enable Token Terminal to make an informed decision on the integration effort required, which was reflected in the lower total cost and timeline, than it would have been in case of a linear non-chain-agnostic onboarding without expert support. - \*\*Integration Uniqueness\*\*: This partnership marks the first full Polkadot ecosystem data integration by a platform vendor independently, offering a vertically integrated data supply chain for complete metric auditability directly by platform owner. - \*\*Parachain Benefits\*\*: Parachains gain unprecedented exposure to investors and decision-makers through unbiased metrics on Token Terminal’s platform, enhancing their visibility within the crypto space. \## Strategic Importance & Value for the Ecosystem This integration stands to position Polkadot prominently on the global blockchain analytics map, filling a critical gap in market analysis and investment insight, especially for those with a traditional finance background. By leveraging Token Terminal's established reputation and technical infrastructure, we can ensure that Polkadot’s unique value proposition reaches a broader, more diversified audience of investors and decision-makers. As a platform with a \*\*unique distribution outside of the retail-driven crypto community\*\*, Token Terminal is uniquely positioned to help crypto protocols attract mindshare among a new and growing stakeholder base: \*\*institutional investors\*\*. Since these investors often manage outside capital, access to high-quality and standardized data becomes paramount especially given the prospect of an upcoming market upturn. Looking forward to your feedback, questions and suggestions. We’ll collate and keep a record of all questions and answers coming from different channels in this unified doc → \[Token Terminal x Polkadot proposal Q&A\](). Thank you, Parity Data Team

Token Terminal proposes to integrate Polkadot's ecosystem data into its product suite, enabling direct data sharing with major partners such as Bloomberg, MarketVector, and Coinbase SMA. The proposal requests 171,827 DOT for a 16-month integration and maintenance period. The initiative will integrate data across all active Polkadot parachains, establish a parachain price feed, and make Polkadot's data available across all of Token Terminal's data products and channels. Polkadot's native token DOT would become eligible for Token Terminal-powered cryptoasset indexes. The partnership will span 16 months covering integration and maintenance.

Token Terminal x Polkadot data partnership - Polkadot ecosystem on Token Terminal and their partner platforms (Bloomberg, MarketVector)

A request has been made to refill the marketing bounty number #33 with 250k DOT. The previous refill of 100k was almost spent before the spending period ended, which could have led to no funds for marketing for a month. To avoid such situations, especially with the uncertainty introduced by DV, it is important to have several months' worth of spending in reserve. Bounty #41 will be abandoned, and an amendment will be made to bounty #33 with this specific referendum. The purpose of this bounty is to support marketing for Polkadot without specific rules or restrictions. The only rule is that if a curator is involved in a proposal, they must abstain from voting. All reports regarding expenses and deliveries will be available at the provided link.

Requesting a refill for marketing bounty number #33 We just got executed for a refill of 100k and we barely made it before the spending period. If that had happened there would have been no funds for marketing for an entire month which would have been disastrous. It is important that the marketing bounty always has several months worth of spending in reserve to avoid this situation especially given the uncertainty introduced by DV I am requesting a refill of 250k DOT Bounty #41 will be abandoned and instead we are making amendment to bounty #33 with this specific referendum This is the updated description of bounty #33: The purpose of this bounty is to support marketing for Polkadot. There are no specific rules and restrictions regarding to which type of marketing is going to be supported, or specific maximum caps regarding projects or anything of the sort. This bounty is more mission based, it will try to identify the best opportunities for marketing as those opportunities arise. I personally believe it is more important to produce quality results and be effective rather than write extremely complicated and detailed proposals that only create problems and limitations later on. The only rule of this bounty is that if one of the curators is involved in the proposal they have to abstain from voting All reports regarding expenses and deliveries will always be available at the following link: https://bit.ly/m/reports

WHO: Polkadot

WHAT: Requesting a refill of 250k DOT for marketing bounty #33, which aims to support marketing for Polkadot with no specific rules and restrictions.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Refill for marketing bounty number #33 [250k]

Error - Vote NAY

### Summary

- **Sponsorship Proposal**: Conor Daly seeks $2.1 million to sponsor his racing in three major events: the 2024 Indianapolis 500, a NASCAR Truck Series race, and a Nitro Rallycross race.
- **Events**: 
  - **Indianapolis 500**: The biggest single-day sporting event in motorsports.
  - **NASCAR Truck Series**: A nationally broadcasted race.
  - **Nitro Rallycross**: A high-speed rallycross event.
- **Marketing**: Includes global PR, social media strategy, and community activations.
- **Funding Scenarios**: Different levels of sponsorship based on the amount raised, ranging from just the Indy 500 to all three events.
- **Community Engagement**: Opportunities for community members to engage through QR codes, diecast cars, and meet-and-greets.

Approved

**WHO:** ConorDaly22, Multi-sig (signers: ConorDaly22, LearnPolkadot, The Phunky One)

**WHAT:** Discounted Packaged Primary Sponsorship of Conor Daly to race and be a Polkadot Brand Ambassador in 3 different professional racing series for 2024.

**PRICE/TIMEFRAME/RESOURCES:** $2.1M USD, 2024, commercial sponsorship fees, driver ambassador PSA fee, marketing activation buffer.

Conor Daly - 2024 Indianapolis 500 Sponsorship

Transistor Polkadot North America, LLC has proposed a plan to create a community workspace in New York City for Polkadot teams. The goal is to establish a physical brand presence, drive Polkadot adoption in North America, and nurture a cohesive community. The workspace will be used for:

1. Hosting multichain meetups to attract developers, entrepreneurs, and investors.
2. Developing relationships to win enterprise and startup client business.
3. Building and promoting products to advance Polkadot.

The proposal requests $2,105,000 (approximately 300K DOT) to lease and run the workspace for at least three years. The funds will cover rent, security deposit, utilities, and maintenance. The workspace will be crucial for Polkadot's adoption, as many competitors have a strong physical presence in key tech and finance hubs.

Transistor is a U.S.-based blockchain research and business development firm that aims to reintroduce Polkadot to U.S. enterprise, startup, and investor communities. The workspace will serve as Transistor's headquarters and support high-productivity work within the team.

The proposal highlights the importance of a physical workspace for building strong business relationships and competing with other crypto projects. It also emphasizes the urgency of securing a space in New York City, as commercial rent prices are expected to rise soon.

Polkadot Community Workspace NYC by Transistor

- Polkassembly helps manage Polkadot and Kusama governance.  
- It wants yearly funding for maintenance and new features.  
- Moving to yearly funding helps focus on better updates.  
- Plans include analytics, new tools, and mobile app improvements.  
- Aims to make governance easier and more fun for users.  
- Works with other projects like Zeitgeist for extra features.  
- Includes social features like profiles and notifications.  
- Budget and details are in a linked document.

Polkassembly Social Contract 2024

This proposal is about helping Polkadot's DeFi ecosystem grow by fixing two big problems: not having enough infrastructure and tooling. Infrastructure is like the foundation that supports the whole system, and tooling are the tools people use to build and use the system. 

Right now, it's hard for new teams and users to join Polkadot because it's not easy to get the money and tools they need. Also, teams are not sure how to get money for their ideas, and sometimes they don't fix the right problems. 

The people who made this proposal want to bring in more builders and infrastructure providers by creating a group of experts. This group will give clear instructions on what to build, check if the work is done well, and give money from the treasury if the work is successful. 

The group will be made up of people from different teams, like Velocity Labs, Moonbeam, Acala, and more. They will help make sure the right things get built and the money is spent in the right way. 

You can read the full proposal by clicking on this link: [Full Proposal](https://docs.google.com/document/d/1RdP1We3jkQeDy0HlA2T_n8whaeGbLZnuSYxPoJ7XLfw/edit).

**_Context of the Proposal_**

This proposal is curated by reputable parachain founders and Polkadot builders who have been active contributors to the Polkadot ecosystem since its inception. With the experience of building in Polkadot and a deep understanding of how DeFi works across other ecosystems, we’ve identified two of the most crucial gaps that have dragged Polkadot’s DeFi ecosystem back; the lack of unified infrastructure and tooling in Polkadot.

_Infrastructure_

Parity's BD team, which was previously responsible for bringing essential infrastructure to the ecosystem, was tasked with directing those infrastructure teams (i.e CEXs, Onramps, Oracles, etc) to the Polkadot treasury for their integration fees. However, Polkadot doesn’t present the most compelling business case due to its low liquidity and user numbers in addition to the perceived complexity of integrating Substrate compared to EVM chains. The added challenges of navigating the on-chain treasury as an outsider further compounded the problems of convincing them to join the ecosystem.

This leaves a DeFi ecosystem that lacks channels of entry for liquidity and outside users and prevents teams on Polkadot to reach their full potential.

_Tooling_

In the current state, teams independently approach the treasury through referendums to secure funding for what they believe are the right solutions to the problems they've identified. However, this approach poses numerous challenges such as the unconventional ways to access funding, not implementing the ideal solution to a specific problem, and the misaligned incentives by receiving payment before the work is delivered.

In addition to the above, there are a lot of resources or teams that aren't incentivized to take a stab at solving the biggest ecosystem problems. One example of this is Parity's Delivery Service Partners Program (DSP) which includes more than 15 substrate development teams mostly focused around runtime development and parachain deployments. Unfortunately, their level of activity has remained relatively low given that the parachain pipeline was affected during the bear market. With the right structure in place, these DSP teams could take initiative to tackle some of the most pressing ecosystem gaps with a group of experts that guides them, provides feedback, provides funding and supports them with GTM initiatives to get the tools adopted across the ecosystem. It would help in funnel engineering resources where the ecosystem needs it most and provide the tooling necessary to improve DeFi specific and general UX and DevEx

**_Proposed Solution_**

This bounty proposal aims to empower both builders and infrastructure providers by establishing the right mechanisms and incentive structures to streamline the development and integration of key missing pieces. A curator set, predominantly consisting of technical parachain founders, will provide clear development guidelines for tooling and infrastructure through Request for Proposals (RFPs), review and assess milestones/deliverables and subsequently provide retroactive funding from the treasury upon successful delivery. The success of this bounty not only signifies addressing the tooling and infra gaps but also incentivizes teams from outside our ecosystem to come and contribute to Polkadot's growth.

Velocity Labs will support most of the effort for this bounty and will be accompanied by leaders from the following teams:

-   Velocity Labs (Nicolas Arevalo)
-   Moonbeam (Alberto and Derek)
-   Acala (Bryan Chen)
-   Centrifgue (Lucas Vogelsang and Jeroen Offerjins)
-   HydraDX (Jakub Gregus)
-   Novasama Technologies (Leemo)
-   Giotto

We think this curator set is well equipped to provide the right expertise and set the right direction for the bounty. They will also play a pivotal role in overseeing the solutions and integrations resulting from the bounty and ensuring the proper allocation of funds.

Please see [Link to Full Proposal](https://docs.google.com/document/d/1RdP1We3jkQeDy0HlA2T_n8whaeGbLZnuSYxPoJ7XLfw/edit) , and leave your feedback in the comment section below!

WHO: Velocity Labs and other Polkadot builders.

WHAT: Establish mechanisms and incentive structures to streamline the development and integration of key missing pieces in Polkadot's DeFi ecosystem through Request for Proposals (RFPs).

PRICE/TIMEFRAME/RESOURCES: Retroactive funding from the treasury upon successful delivery. No specific details provided.

DeFi Infrastructure & Tooling Bounty

Polkadot Decoded is a community event that has been voted to take place in Brussels, Belgium, and will be held alongside the 7th Ethereum Community Conference (EthCC). The event is scheduled for July 11-12, and the organizers have a pre-selected venue and a full proposal with an early budget estimation available. The Decentered Studio team is responsible for organizing the event and encourages feedback and questions from the community.

This is our first request to fund our community flagship event POLKADOT DECODED. As you might know we just closed the [voting for the 2024 location](https://www.townhallgov.com/polkadot/post/0x588f124dab69592925c683e64499646a40a6cf1db20c5708fbad1920e78ac931) and you clearly decided to have the event in Brussels, Belgium and to attach it to the [7th Ethereum Community Conference (EthCC)](https://ethcc.io/).

We are now securing the pre-selected venue (we are sure you'll love it) for July 11-12 and have our full proposal with an early budget estimation [here](https://docs.google.com/document/d/1RJwZZzITAHAd54SN1L1JnImzIcEQc4fLBLU-vn9RUlo/edit#heading=h.1yu24uxzxjo).

As always, feel free to reach out and share your feedback and questions.

Your Decentered Studio team.

WHO: Decentered Studio team

WHAT: Requesting funding for community event Polkadot Decoded in Brussels, Belgium, attached to the 7th Ethereum Community Conference (EthCC) on July 11-12.

PRICE/TIMEFRAME/RESOURCES: Full proposal with early budget estimation available <a href="https://docs.google.com/document/d/1RJwZZzITAHAd54SN1L1JnImzIcEQc4fLBLU-vn9RUlo/edit#heading=h.1yu24uxzxjo">here</a>. No specific price/timeframe/resources mentioned.

Polkadot Decoded 2024 treasury spend tranche 1/2

- Paseo is a new testnet in the Polkadot ecosystem launched in December 2023.
- Rococo, an old testnet, will be decommissioned in 2024, creating a need for a new testnet.
- A group of 7 organizations worked together for over 2 months to create Paseo.
- Paseo will help developers test their apps in an environment similar to Polkadot.
- It aims to be more stable than the previous testnets and welcomes all developers.
- The project seeks funding of $850,000 to operate for one year.
- The funding will cover maintenance, support, and hardware to run the testnet.

WHO: Polkadot ecosystem agents from Portico, Amforc, Dwellir, Paradox, R0GUE, StakePlus, and Zondax.

WHAT: Launching a new developer testnet called 'Paseo' to replace Rococo, seeking 125,018 DOT ($850,000) from the treasury to operate and run for 1 year (Jan 2024 to Dec 2024).

RESOURCES: Funds will be managed via a bounty and paid to individuals quarterly in advance over the 12-month funding period. The proposal outlines the cost breakdown for setting up and maintaining the testnet, maintaining required system chains, developer community management, technical support, and hardware to run the network.

Paseo - Developer Testnet Funding

### SubWallet Proposal Summary

- **Project**: SubWallet is a non-custodial wallet for Polkadot and Kusama ecosystems.
- **Products**: Includes Browser Extension, Mobile App, and WebApp.
- **Timeline**: Development from October 2022 to November 2023.
- **Achievements**:
  - Supports over 150 networks.
  - Over 400,000 installs and 250,000 users from 100+ countries.
  - Features include multi-chain asset management, staking, and hardware wallet support.
- **Community**: Active on Twitter, Discord, and Telegram with ~40,000 members.
- **Funding Request**: Seeking retroactive funding from Polkadot Treasury for completed work.
- **Impact**: Aims to enhance user experience and ecosystem growth.
- **Full Proposal**: Detailed description and costs available [here](https://subwallet.notion.site/Retroactive-SubWallet-14-Months-Development-b8a6c2d5ab944f84bd47448c00a73992).

[Retroactive] SubWallet 14 Months Development

Treasury Proposal: DOT liquidity loan for Bifrost DOT liquid staking token (vDOT) to be returned + DOT Staking rewards to Polkadot Treasury

This post is about a proposal for a referendum in the Polkadot network. The goal is to give out free DOTs (cryptocurrency) to people who vote "yes" on the referendum. The more DOTs a person contributes and the stronger their vote, the bigger their reward will be. The referendum is asking for 100,000 DOTs to be added to the treasury, and if it passes, everyone who voted "yes" will share those DOTs.

The purpose of this referendum is to encourage people to participate in the network's governance and protect it from bad actions. Voting "yes" on this referendum does not mean you have to vote on other referendums to get the reward. The main idea is to have people ready to vote, not to force them to vote.

If you want to earn some of the 100,000 DOTs, you should vote "yes." If you think that people should not be rewarded for participating in governance, you should vote "no." The people behind this proposal want Polkadot to grow and have more people involved in making decisions.

There are three links provided to learn more about the idea behind this proposal. The payment for this proposal will be managed by a group of people and a technical partner who will take a small fee to help with the payments. If someone does not like this idea, they can propose a different referendum to cancel or stop this one.

UPDATE #3:

[https://x.com/giottodf/status/1748779552757756060?s=20](https://x.com/giottodf/status/1748779552757756060?s=20)

![Image](https://pbs.twimg.com/media/GETxWj0XUAA9YDL?format=png&name=small)

UPDATE #2:

1.  Shawn Tabrizi criticism: [https://twitter.com/shawntabrizi/status/1748547624075235460](https://twitter.com/shawntabrizi/status/1748547624075235460)
2.  My response: [https://x.com/giottodf/status/1748616692379308220?s=20](https://x.com/giottodf/status/1748616692379308220?s=20)

UPDATE: A lot of people are commenting negatively about this proposal both on Polkassembly and Twitter. It seems the main reason for this is because of a deep misunderstanding of the purpose of this referendum. I just finished a Twitter spaces with 300 people asking questions and at the end of the spaces not a single person was against the proposal. So if you're against the proposal I invite you to listen to the recording it will most likely change your mind:

[https://x.com/giottodf/status/1748329552525369385?s=20](https://x.com/giottodf/status/1748329552525369385?s=20)

The idea is to incentivize governance participation to protect the treasury and in general the network from potential malicious attacks. There is no difference between rewarding governance participation and rewarding validators. It's exactly the same thing. If you think it's different please listen to the recorded Twitter spaces.

---

The purpose of this referendum is very simple: If you vote yes and the referendum passes you will get some free DOTs. The more DOTs you contribute, and with more conviction — the bigger will be the reward, linearly pro-rated.

This referendum is asking for 100k DOT to the treasury, if the referendum passes all the people that voted yes will share the 100k DOT.

The way it is going to be calculated is that we are going to take the sum of all the yes votes multiplied by the conviction which will result in the effective voting power. The 100k DOT will be shared pro rata based on the amount of YES voting power contributed by each voter. If the referendum passes at the end of the referendum you will receive your reward in DOT directly on your address.

The purpose of this referendum is to incentivize people to participate in governance:

However this does NOT mean that you have to vote on ANY OTHER referendum besides this referendum to get the reward. We DO NOT want people to vote in a stupid way on other referendums just to get a reward. You only have to vote on THIS REFERENDUM to get your reward. The purpose of this referendum is to have people “READY TO VOTE” and NOT to “FORCE THEM TO VOTE”. Of course after you vote in favor or against this referendum since anyway your DOTs will be locked according to your conviction then you have no cost opportunity in voting for other referendums IF YOU WANT so but you have ABSOLUTELY NO OBLIGATION TO DO IT and this will NOT AFFECT YOUR REWARD IN ANY WAY.

TLDR:

-   If you want to earn your share of the 100K DOT vote YES
-   If you are an idealist and you think that participation in governance should not be rewarded vote NO

If you want Polkadot to thrive and governance to become more democratic please tell all your friends about this, invite them to force their custodians to support voting, withdraw from exchanges and/or pressure exchanges to support voting

If you want more details about the deep implications of this concept click the following 3 links in order:

1.  [https://x.com/giottodf/status/1747244551931125816?s=20](https://x.com/giottodf/status/1747244551931125816?s=20)
2.  [https://x.com/giottodf/status/1747504772561748182?s=20](https://x.com/giottodf/status/1747504772561748182?s=20)
3.  [https://x.com/giottodf/status/1747649800227438732?s=20](https://x.com/giottodf/status/1747649800227438732?s=20)

The recipient of this payment is a multi-sig (5 of 8) managed by the following people:

Giotto TheeWeb3Patriot Cris Nguyen Dakota Strindbergman Sourabh Niyogi Jay Chrawnna LUI5

Our technical partner is Kirill (Azymologist) ex head of security of Parity. His company will be taking 5% commission in order to manage the payment to all the recipients.

If someone really doesn't like the idea they can propose referendum canceler or referendum killer. That just moves the game on a different arena. In case this happens if you like the idea you should vote NO to referendum canceler / killer and if you don't like the idea then you should vote YES

You can calculate that the multistig address is calculated correctly by using the following addresses \[5/8\]:

13HNWD2bmRumQBeZJioWEC94W2LXE2ARy8u1YQF93joTjWuY @InvArchitect 1EpEiYpWRAWmte4oPLtR5B1TZFxcBShBdjK4X9wWnq2KfLK @giottodf 121Rs6fKm8nguHnvPfG1Cq3ctFuNAVZGRmghwkJwHpKxKjbx @sourabhniyogi 13Ec62Cvw9jmPxA23EidSwASPs9X2Vohqv9RCogCfDvXC4c8 @crisng999 138Xe8CbBq1PwbCYmFTrsBpKc8HzymbGsi9K8bQLjXxCogV9 @TheeWeb3Patriot 14zsSB1tbxaeXBNPTBJCKgWxu2ZSMc6FpGZrXdJFmoUpZX8X @Strindbergman 12WWjrZGuVxyk5AyFeDGaN45J1FJ6MesXRxhmY41rhKxL961 @JayChrawnna 12pUXtKj7jD3yaxnK6TWKBsxS1JpLUceBKZKMPMH6RiZvjr4 @Luis\_1x

WHO: Giotto, Cris Nguyen, Dakota Strindbergman, Sourabh Niyogi, Jay Chrawnna, LUI5, and Kirill (Azymologist).
WHAT: Proposal to incentivize governance participation by giving away 100k DOT to those who vote YES on the referendum.
PRICE/TIMEFRAME/RESOURCES: 100k DOT to be shared among those who vote YES, managed by a multi-sig (5 of 8) and Kirill's company taking 5% commission.

Polkadot Watchdogs Governance Monthly Incentive Referendum #1 - VOTE NAY

Interoperability is important for Polkadot, and it lets different things work together. Polkadot can move things called "fungible assets" between different parts, but it needs to be able to move special things called "NFTs" too. NFTs are like digital art or collectibles that are unique and can't be replaced.

A team called Unique Network has been working on a way to move NFTs between different parts of Polkadot since January 2023. They talked to many people and groups to create a plan and proof of concept. They want to make sure everyone agrees on how to do this and they need help from other parts of the system.

The plan is to create a group where people can talk and decide on important things together. They have already finished the first part of their plan, which was to show that their idea works.

You can read their plan here: [NFT XCM Proposal](https://docs.google.com/document/d/1ZE2NAsk5ECPRFdn5wOXBpHeXwK29CYsNPR2Qk3RRnPE/edit?usp=sharing). They are happy to answer any questions. The plan doesn't need any big changes to the system, and it will be built by many teams. This is important because it needs to work for all parts of Polkadot.

Interoperability is one of the key value propositions of Polkadot. With XCM and numerous bridges this value became possible. But they are all delivering interoperability only for fungible assets. For Polkadot to fully deliver on its promise, NFT XCM capability is a must have. Moving NFTs between different parachains will unleash the capabilities for the next generation of Web3 applications that are not constrained by any one chain.

Since January 2023 we (Unique Network team) worked on the NFT XCM solution. We engaged with numerous ecosystem members — Parity XCM team, Parity NFTs creators, parachains and wallets to create a solution PoC and its roadmap as described in this [proposal.](https://docs.google.com/document/d/1ZE2NAsk5ECPRFdn5wOXBpHeXwK29CYsNPR2Qk3RRnPE/edit?usp=sharing "NFT XCM Proposal") 

. Roadmap implementation will require a consensus on a number of questions, which will help establish the NFT XCM standards, and here views and participation of parachains is crucial. Parity has left us to lead this effort, and we would like to invite other stakeholders to take part, too. In the initial stages of the work we will be creating a working group for participants to communicate and collectively decide on key decisions. 

This proposal follows the successful implementation of the PoC, as described in the Milestone 1 of the proposal which was completed on December 20, 2023 after a year of work.

Please read the [proposal](https://docs.google.com/document/d/1ZE2NAsk5ECPRFdn5wOXBpHeXwK29CYsNPR2Qk3RRnPE/edit?usp=sharing "NFT XCM Proposal") . Happy to answer any questions. Update: a note for Core devs - the solution does not need any changes to the relay, and is very light on the parachains, too. Brian (Acala) can attest to that. Here are details on the PoC: https://docs.google.com/document/d/1Y90tldtdh9mX1BkUNKDePiV8GImhGSnjaJkk5U54d-w/edit?usp=sharing Update: important feature of the proposal to underscore - it will be built by multiple teams. The funds for EVM, Ink!, use case bounty and educational materials are dedicated to external teams, since XCM has to work for all parachains it only makes sense that multiple teams are involved.

The Unique Network team proposes to create an NFT XCM solution for Polkadot to enable the movement of NFTs between different parachains. The proposal includes a PoC and roadmap for implementation, with the consensus of parachains being crucial. The solution does not require changes to the relay and will involve multiple teams. The proposal was completed in December 2023 after a year of work. Read the proposal for more details.

NFT XCM

- Polkadot Blockchain Academy (PBA) is asking for funding for its fourth session.  
- It will take place in Hong Kong from January 3 to February 3, 2024.  
- The academy is working with Hong Kong Polytechnic University.  
- There will be 90 students—50 developers and 40 founders.  
- The goal is to teach people about Polkadot to help it grow.  
- They have held classes before, like at UC Berkeley.  
- They also share lessons online for free.  
- More details can be found in the linked proposal.

On behalf of the Polkadot Blockchain Academy (PBA) I am posting this treasury proposal for funding of the fourth wave of the Academy. The PBA will run from January 3rd to February 3rd, 2024 and will be held at Cyberport in Hong Kong. We are also working in partnership with the Hong Kong Polytechnic University. The program has selected and is enrolling 90 students, 50 developer track students and 40 Founders Track students. The goal of the Polkadot Blockchain Academy is to help speed the adoption of Polkadot by seeding the ecosystem with educated developers and aspiring Polkadot ecosystem team founders. Currently we offer in person education such as the previous course held at UC Berkeley, we are also creating online content and have recently made the developer track syllabus materials available for all online. Below is a link to the proposal in detail. https://docs.google.com/document/d/1ErgTFUaj4ct5OuTm\_6fnRN96HpKE3ZhtB6FF4EKZsYM/edit

WHO: Polkadot Blockchain Academy (PBA)
WHAT: Funding proposal for the fourth wave of the Academy, to run from January 3rd to February 3rd, 2024, with 90 students enrolled.
PRICE/TIMEFRAME/RESOURCES: Details not provided. Link to proposal provided for more information.

Polkadot Blockchain Academy - funding and reimbursement for costs associated with Wave 4 in Hong Kong.

Polkadot Music Events Initiative (PMEI) is a team that plans to create web3 experiences at music events during major crypto conferences. They want to show off Polkadot technology and make it fun for everyone. 

In 2024 and 2025, PMEI will organize events at different places like Denver, Dubai, Austin, and Amsterdam. They will have live music and let people try out new technology. They also want to work with other teams to make these events even better.

PMEI had a successful event in September 2023 and now they are asking for more support to keep going. They have a plan to make money from these events, so they won't need too much help from others in the future.

The team behind PMEI has experience in music, events, and technology. They will work together to make these events great. They also have friends in the business who will help out.

PMEI wants to make these events different from others by making it easy for people to join and have fun. They will give away cool stuff and let people try new things with Polkadot technology. They will also make sure to tell everyone how the events are going and what they can do better next time.

If you have any ideas or want to help, you can contact them at hello@polkadotmusic.events.

TimedOut

Proposal: Polkadot Music Events Initiative Tranche 1

\[2024-2025\]

PMEI is a team of developers, music industry entrepreneurs and live events coordinators focused on creating intuitive web3 experiences within the context of side events during major crypto conferences.

[polkadotmusic.events](https://www.polkadotmusic.events/) 

Proponent: Polkadot Music Events Initiative

Beneficiary: Polkadot Music Events Initiative

Date of Proposal: December, 2023

Requested: $1.241M @ [7 day Avg. Tool](https://polkadot.subscan.io/tools/charts?type=price) |  176,852 DOT

Full budget [here.](https://docs.google.com/document/d/1nujhqqz1f2EE7l5qkeDGNuL8pdc2uyiZRoTkDyEP7fg/edit?usp=sharing)

This proposal is for Tranche 1 of 2. Tranche 1  is proposed for six large events taking place in 2024. Tranche 2 will also be for six events in 2025. Throughout the next two years we will be sourcing viable technical integrations and collaborating with teams to build and then launch for our events. To keep everyone tied in, we will be producing content to document the story around the build.

PMEI held a proof-of-concept event during Mainnet in September which was a huge success (1500+ users engaging with Polkadot tech). We are now asking for community support to continue our initiative to add value for DOT holders.

Short recap from Pilot Event [here](https://vimeo.com/871997397/b900de9dc9?share=copy).

2024 Proposed Events:

![](https://lh7-us.googleusercontent.com/jY2OoyLBg7uigOxFeubOH2FzzzFdEAGOCuAhaqNQHyVnZx8dXbvohozIIYQNPA6Eu4v-VWldSx4uqle2p0V7V1udhrRSo6BFJd2OuNP-4yxgLWWm0T6h9R9fOQEOKH-Fr2t1EXN6LRk69Da90sOFdsQ)

Description: 

The Polkadot Music Events Initiative, or PMEI, is the organizer of a curated event series taking place alongside major web3 and music conferences, giving Polkadot dApps and parachain teams an opportunity to showcase their tech in a live, in-person setting. These events are centered around live music performances that leverage Polkadot technology and create a thoughtful experience for the attendees, developers and talent involved. 

PMEI is a collaboration of proven teams, not only in the ecosystem, but live events and music technology.

![](https://lh7-us.googleusercontent.com/5aVMphqT5pF8_O3iVBCxbZkxIA7cgUo2zld5i100vqsod85aOtRvYSz3ziqzf-ugsIHkHwU47sBdrB4F4TKeWHBp_LCozHY-qVPla10kKu_YuAQjDVlXZUK3VBTbXheVjFPJlxNalKuPmKQ6O3rgby0)

PMEI Events 2024(tranche 1)

1.  ETH Denver (Denver, CO) February 2024
    
2.  Token 2049 Dubai (Dubai, UAE) April 2024
    
3.  Consensus (Austin, TX) May 2024
    
4.  BTC Prague (Prague, CZ) May 2024
    
5.  Mainnet September (New York City, NY) 2024
    
6.  Amsterdam Dance Event (Amsterdam, Netherlands) October 2024
    

PMEI Events 2025 (tranche 2)

7.  ETH Denver (Denver, CO) February 2025
    
8.  ETH London (London, UK) March 2025
    
9.  Consensus (Austin, TX) June 2025
    
10.  Mainnet (New York City, NY) September 2025
    
11.  Token 2049 Singapore (Singapore) September 2025
    
12.  Amsterdam Dance Event (Amsterdam, Netherlands) October 2025
    

Sustainable Economics

PMEI and Walker Music have created a runway for introducing new brand partners, paid partnerships and ticketed event models that can be used as a lever to generate revenues and make PMEI a sustainable series, eventually requiring little to no treasury funding. 

The strategy behind this model is to bridge opportunities for the ecosystem where outside brands can work together with Polkadot teams. A sensible outcome would be brand collaboration beyond the events creating ongoing usability. 

Context 

On many levels, music is an incredible vertical where blockchain can solve real world issues and create a higher quality and more equitable outcome for the fans and the artists. Polkadot should, and can be a phenomenal arena for music in web3 to grow and incubate necessary advances in technology and culture, alike. Many Polkadot projects already have products that can actively help advance this, directly and immediately, through the experience around live music events. 

We think of these events as a clever way to accomplish a few things that are ultimately required for the growth of the ecosystem- more specifically onboarding new users, new entrepreneurs and new developers. 

**How are we accomplishing this?**

Glad you asked! Each event will focus on three key elements to funnel into our larger goal for adoption and usage. 

![](https://lh7-us.googleusercontent.com/WxBOGwMPUJAts-8vtab4UDsZdmyyWOrc2JiXMIwGaU6bSVG7AB4rmkFGofeA0_-yRQCYQ91Eim9JS39vfky8ibnEtiA63k4FsBduvHERS2aMAcGY8Y_bVJojWWrfE2AWtA-dfo-C054qS3kNn2Qfgbg)

Accessibility - Prioritizing an intuitive experience for ALL attendees

Hard and Fast Implementation - UX/ UI build outs and backend implementation specific to the event series. This will give developers a chance to work together on specific business needs surrounding the events and engage more use cases for XCM. 

Ownership and Perpetuity - A focus on creating brand loyalty through community, collectibles, cross-ecosystem collaboration and compounded benefits for ongoing/ repeat attendance. 

These three principles help us define the conditions for success and measure qualitative and quantitative outcomes. 

For our events, the goal is to take measurable and attainable steps in implementing new attendee experiences and advancing the music tech stack.   

Accountability 

As a passionate team of people striving to better the ecosystem, we firmly believe it is important to have complete transparency and uphold accountability for the efforts associated with the Polkadot Music Events Initiative. Our objective with this is to provide the community with reporting for engagement, attendance, successes and failures. We will encourage anyone with the same passion and principles, building in the ecosystem, to connect with us for open collaboration, ideation and to provide critique. 

Who is on the team?

PMEI has core members dedicated to the curation, planning and execution of all twelve events. In addition to these core members, partner teams will provide direct support and resources to create successful outcomes.

The Core Team

Spencer Zabiela:  Co-founder of MuFi, a music and royalty payments tech stack built on Polkadot. 11 + years of experience in the music industry. Spencer also has a background in media and financial services and has been a long time participant of the nightlife community and event organizing (most recently the September 19th Mainnet side event with Exiled Racers and Zeitgeist). 

Walker Music (Jojo Walker):  WM consists of four full-time coordinators, led by Jojo Walker. Jojo is a music industry entrepreneur with 15+ years of experience as a talent buyer and coordinator for the largest global nightlife brands, venues and labels, including Defected Records, Keinemusik, Boiler Room and Avant Gardner/ Brooklyn Mirage.

Er-Ti Chen: formerly the Ecosystem Marketing Manager and Global Event Program Manager at Parity Technologies. She has been instrumental in pioneering Polkadot's ecosystem marketing efforts and shaping the global event strategies for Polkadot Ecosystem. She has both spearheaded and provided invaluable support to the Polkadot community in orchestrating successful events throughout Asia, Europe, and North America.

Full-Time Dev/ Technical Success Manager: This will be a hybrid role and is yet to be hired. The responsibilities for this job will include full-stack development and technical success; working with parachain teams and dapps on strong collaborative outcomes. This candidate will also be managing the communications across entities, and technical expectations between team integrations and Walker Music Services. 

Direct Support Team

WebZero: WebZero is a community-run event agency which emerged during Berlin Blockchain Week in 2022 and has been a fixture in the Polkadot ecosystem ever since. The team around XyloDrone (Ordum, prev. RMRK, Kodadot), Roman Kemper (prev. CMO Subsquid) and Elisabeth Vajner (Amsterdot, Parisdot, prev. HydraDX) produced side events in the US (ETH Denver, Consensus) and Europe (Sub0, Decoded, BlockSplit, Berlin Blockchain Week) with the aim to raise awareness around Polkadot, as well as bringing the community together.

Exiled Studios: Gaming and prediction layer. Exiled Studios will provide technical support, marketing resources and BD support. 

What does the team do?

Each member will be focused on specific ongoing needs such as talent buying (booking) and advancing (logistics), venue coordination and permitting, show production (equipment rental, staff, logistics), marketing and promotions, partnership visibility (with conference organizers), tech implementations (with Polkadot teams), and events management (operations). 

There are seven unique event locations of which PMEI has decade-long relationships with local promoters in each region who can help supplement local attendance. We are really excited by this resource as it proved extremely helpful for our pilot event during Mainnet in September of 2023.

Additional Support

In addition to the core team and support team, we have additional support from a list of incredible builders in the space. We’ve spent time speaking with these teams and individuals to get their feedback on our proposal and understand what we can do to achieve better quantitative and qualitative outcomes within the context of our event series.

These teams/ individuals included are:

RMRK 

Zeitgeist

Subsocial

Moonbeam Network

Moonbeans

Amplified Strategy 

Distractive

MuFi

Drop

Peter Mauric

Prime Protocol

API3

Bearfoot Media

Ex Machina Soundworks

We are always continuing to build new ecosystem partnerships and solidify brand and conference engagements. We will post updates here.

If you have an idea for a technical integration, please write us here:

hello@polkadotmusic.events

Messaging

Every conference has side events, so what makes ours worth attending? 

For one, we are booking top-tier talent curated to each event’s demographic. The reality is, money alone can’t buy you major talent for an event- and certainly not at a fair market rate. Our team has fostered long-held, trusted relationships with artist managers and management companies which allows us to produce these events with great talent at a fair cost. These events will also almost always include specific asks to artist teams that may require more complex logistics potentially affecting an artists' existing brand image or strategy. Communicating the event needs and interactions beyond playing music requires careful handling and experienced talent buying; a task that Walker Music does best.

Secondly, we are also giving outside music brands an opportunity to give away gear and leverage Polkadot tech! That means attendees will have a chance to win cool swag, synths, headphones etc. all for participating in these events. 

Lastly, we’re working with Polkadot teams to distribute event collectibles (like Moonbeans), push limited NFT artist drops (with Drop), access prediction games (like Exiled Racers w/ Zeitgeist) and RSVP and gain access (using RMRK x MuFi). All of these initial integrations encourage and/ or require attendees to engage with new onboarding flows! 

![](https://lh7-us.googleusercontent.com/74HhzsKVbQN_GxVcIfFucMkOsxd3MuBqL_KhXfrqEj1vsr-708DvvlgsMNFvTEQplw9bazh11FzWpj82Xc0py4zQ8vu383Y-ThfT8f1jEKf2ExwrskTQ9CvDjTYcX8IsFAZJDFiIO6h5bpEw4Qdw0qY)

During selected events, we’re also going to provide space at or near the venue for developers, teams and participants to take meetings and have a workspace. We’re creating a Polkadot resource hub that exists not only for the night of the event, but for the days during the conference. 

Marketing Strategy

We have been working within our network and with Amplified Strategy to create direct relationships with each conference to designate the PMEI events as official conference events. The marketing success for our Mainnet side event was seen through cross-network promotion and brand partnerships. With the support of our partner teams, many telegram channels and conference partnerships, we have a high probability of getting the desired attendance. 

PMEI will also deliver ongoing content around each event to provide updates and recaps, with more transparency for the community, sparking interest for those who could not attend. These videos will not only include recaps, but developer stories to showcase the teams building out integrations. Why was it a success? What failed?

Our storytelling and video team is Basis Creative. Please view their work [here.](https://www.basiscreativefilm.com/)

As mentioned previously, we have long-standing relationships with local promoters in almost all of these proposed regions. PMEI distinctly seeks to attract attendees with no prior experience with web3. These events can simply act as a gateway for those attendees and spark curiosity.

How is it different from other events? 

These events are focused on creating intuitive web3 onboarding experiences within the context of side events during major crypto conferences. The $30,000 technical implementation budget is granted to teams adding developer resources to a new PMEI event experience.

Past Events- Mainnet Pilot

Pilot Event video [here](https://vimeo.com/871997397/b900de9dc9?share=copy).

Our pilot event was on September 19th 2023, billed as an unofficial Mainnet side event. We worked with Polkadot, Exiled Racers, Zeitgeist, MuFi and a list of other Polkadot ecosystem dApps to host, what turned out to be, a 750 person event on the Williamsburg Hotel Roof. 

Our headliners and supporting acts were:

[Barry Can’t Swim](https://www.youtube.com/watch?v=jBShgx0wWBw)

[Jadalareign](https://www.youtube.com/watch?v=RnUYpU8NUMc&t=275s) 

[Eli Escobar](https://www.youtube.com/watch?v=Afr2npjL_RY&t=3127s)

Some Highlights:

\>750 attendees

~1500 race predictions

36% rate of non-crypto attendees

Social reach of ~170K

Other Supporting Teams:

-   Moonbeam Network
    
-   Biconomy 
    
-   Astar Network
    
-   Manta Network 
    
-   Biconomy 
    
-   Web3Auth
    
-   Dega 
    
-   Dam Finance 
    
-   Oak Network
    
-   Prime Protocol
    

![](https://lh7-us.googleusercontent.com/C8kyQztLYkzqoPNHlWqxCnMNXfT8qvc4PdDRLSkEA_d2fvmx-mgScTu7zHlIFl5izNE2e_u0b2DWPm99LrudIg9AlFKdLCHzKYnmg3upe35rcXPN0BUhp2DAnbVmCD1ATsMcmRhi72YLxOlfG-cBuyA)

![](https://lh7-us.googleusercontent.com/RAXniFglEQRuHUv6t2Roojcs7bAstRVjra08dNZeUqUG4KTfY2kF4s_8W8SEc-VdDjMstJqypeJpLOh4eecZSK9oWFj4NYRTNlMk6GdN7u16J-kutVYgMyic1FeVr21sUtG8kfXJOJMGpL7EIV1WX3k)

![](https://lh7-us.googleusercontent.com/wOSq7_cVw2RCcLb_ojHNhORlY4yfNwEtzsEtu_4zXsxkaW3-7-ljW258rV3Xef7vr5KtBkzgyS0r9rkm8mmio6KFrMvrXdRJc7Zw9Q3y4-2dHiJQHXlZPiZAyZ6gYRiUeMmb5JM6aIDc2I9DpkHDago)

This first event was a great measure of the scale of production and resources required. It also gave us an opportunity to evaluate key areas where we can be more capital efficient, where a core team is working across multiple events rather than one-off events. In total, our first event was ~$110K which you can see a breakdown for below in item 1a. 

One additional thing to note is that many vendor fees, location allowance, etc. were reduced, or negotiated for free, given that the event was held in NYC where most of the PMEI team is located. It goes without saying, but we will still say it: We will always negotiate for the best value and the lowest fee. 

Based on these numbers, we’ve estimated pricing in each additional market. 

[1a. Cost Breakdown for September 19th Mainnet Side Event](https://i.postimg.cc/PJKcCRJK/Mainnet-Expenses.png)

Contact

Manager of the Funds

PMEI team: hello@polkdotmusic.events

Recipient DOT Address 13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF

More Information

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

Full budget [here.](https://docs.google.com/document/d/1nujhqqz1f2EE7l5qkeDGNuL8pdc2uyiZRoTkDyEP7fg/edit?usp=sharing)

Polkadot Music Events Initiative - onboarding fans, artists and builders to Polkadot through music

Dune is a popular platform for creating shareable dashboards used by many people in the Web3 ecosystem. It is better at sharing on-chain data than block explorers or expensive dashboards. Colorful Notion wants to bring Polkadot and Kusama data onto Dune by mid-March 2024. This will help the community use the data for blockchain analytics and marketing. They have already made a proof of concept Polkadot dashboard on Dune. The proposal asks for 325,000 DOT ($1,968,200) to fund the first year of the project. Colorful Notion is a team led by Sourabh Niyogi and Michael Chung, who have been active in the Polkadot ecosystem. They plan to continue developing dashboards and integrating more data from Polkadot and Kusama in 2024.

\[Dune\](https://dune.com/browse/dashboards) is the industry leader in highly shareable dashboards widely used by industry leaders, data analysts, marketers, and builders across the broader Web3 ecosystem. For example here is \[Brian Armstrong sharing a Dune dashboard about Base\](https://twitter.com/brian\_armstrong/status/1690158283632586752), compared to \[Moonbeam sharing dolpha.com\](https://twitter.com/MoonbeamNetwork/status/1702721492834755061), \[Astar sharing subscan\](https://twitter.com/WatanabeSota/status/1731863081943277787) or \[Polkadot sharing DotLake\](https://twitter.com/Polkadot/status/1722980186189070760):

|     |     |
| --- | --- |
| ![Polkadot](https://cdn.polkaholic.io/366/366-coinbase.png) | ![Polkadot](https://cdn.polkaholic.io/366/366-moonbeam.png) |
| ![Polkadot](https://cdn.polkaholic.io/366/366-astar.png) | ![Polkadot](https://cdn.polkaholic.io/366/366-polkadot.png) |

Common to the above is that Web3 ecosystem participants want to share on-chain data, which Dune is optimized for, better than a block explorer (\[Subscan - #311\](https://polkadot.polkassembly.io/referenda/311)) or expensive dashboards (\[Dolpha.com - #341\](https://polkadot.polkassembly.io/referenda/341)). Colorful Notion has built \[substrate-etl - #248\](https://polkadot.polkassembly.io/referenda/248), here proposed to be ingested by Dune as \*substrate-etl 2.0\* in 2024. ## Proposal - Onboard Polkadot + Kusama Data on Dune (12 months, 3/15/24-3/14/25) Colorful Notion proposes to onboard the Polkadot + Kusama relay chains by mid-March 2024, available for the community for at least \_2 years\_. This proposal funds the \_first\_ year after a PoC is completed in early 2024, for 3/15/24 - 3/14/25. Onboarding Polkadot will be Dune’s second non-EVM ecosystem integration, after Solana. Separate from this OpenGov proposal, Colorful Notion has negotiated pricing for all parachains with Dune, beyond the Polkadot and Kusama Relay Chain. This will enable Polkadot + Kusama Substrate data to be represented in Dune for both relay chains (using "polkadot" and "kusama") and all Polkadot parachains in an official integration with hourly indexing. # Demonstration: Polkadot Staking Dashboard In December 2023, Colorful Notion developed a proof of concept with key Dune engineers for the Polkadot Relay Chain with a few representative datasets. Here is one of the first Polkadot dashboards built in Dune: \[https://dev.dune.com/mkchungs/polkadot-staking-validator\](https://dev.dune.com/mkchungs/polkadot-staking-validator) ![Polkadot](https://cdn.polkaholic.io/366/366-staking.png) Once data is ingested from Colorful Notion’s substrate-etl into Dune, this dashboard can be rapidly constructed within a couple hours from SQL knowledgeable engineers such as Colorful Notion cofounder \[@mkchungs\](https://polkadot.polkassembly.io/user/mkchungs). Here is one query: ![Polkadot](https://cdn.polkaholic.io/366/366-staking-rewards.png) Any on-chain dataset from Polkadot or Kusama involves writing a query such as the against some substrate-etl 2.0 dataset. Colorful Notion’s commercial terms have been developed to allow for a certain amount of storage ingesting a certain number of chains so that “Dune wizards” can query these tables, views, and materialized views and produce shareable charts like the above. Everyone with a Dune account can query and build these dashboards in Dune. While Google BigQuery can be connected to open source Apache Superset (and we have, see our W3F grant work on \[Deep Account Analytics\](https://github.com/w3f/Grants-Program/pull/1286) and inkubator-supported \[ChainIDE + Polkaholic.io WASM Contract Explorer Integration\](https://github.com/use-inkubator/Grant-Milestone-Delivery/blob/master/deliveries/chainide-polkaholic-integrated-wasm-contract-explorer-integration-milestone\_1.md)), Dune is more usable and more shareable. Whereas much of 2022 involved developing Polkaholic.io and 2023 involved substrate-etl 1.0 bringing data into Google BigQuery, Colorful Notion will have 2024 involve robust ingestion of Polkadot and Kusama data into Dune and ensuring the community can use it to support blockchain analytics and marketing. # Proposal Details \[Full Proposal\](https://docs.google.com/document/d/1UMpD152JmvHm6O9Q76TlF8GR1O\_FRJydjf7bndClj-k/edit) \[Cost Breakdown\](https://docs.google.com/spreadsheets/d/1c7-3kdfAjWdtWTkx2anEQgYpToUiWo3vav1WrapFuEI/edit#gid=1479719106) \[Slides\](https://docs.google.com/presentation/d/1wulreQof9V7QwCTuJZ9e64eDHhzAtqTS/edit#slide=id.g2a79f725924\_0\_8) \*\*Requested Amount:\*\* 325,000 DOT \[$1,968,200\] # December 2023 Decision For DOT Tokenholders: Dune Now or late 2024? Colorful Notion has been advocating a Polkadot Data Alliance Bounty along with Parity Data throughout much of 2023 (see \[this from CN\](https://docs.google.com/document/d/1ryC6dxcd9tiQsB7KiCc2BY\_TwBJ5jKloGfCyVAGCkKo/edit#heading=h.gjdgxs) and \[this from Parity Data\](https://docs.google.com/document/d/1fA5ARHy-frzgZC66rniKZ5o7CSbDvCTkS--kWaMzuMs/edit#heading=h.foftxwdr3st2)). In November, we finally decided to submit #248 and reach out to Dune as an outstanding goal of both teams. From the DOT Tokenholder point of view, once it is accepted that an ecosystem wide Dune integration is desirable and both teams are competent (as we do), we believe the decision is largely a tradeoff between Dune NOW vs Dune LATER: ![Polkadot](https://cdn.polkaholic.io/366/decision.png) A simplified comparison is as follows: ![Polkadot](https://cdn.polkaholic.io/366/366-comparison.png) Which boils down to the following choice: \* If you believe you want a Dune Integration NOW (early 2024), vote Aye on #366. \* If you believe you want a Dune Integration LATER (or don’t want it at all), vote Nay on #366. We believe the answer is to integrate Dune NOW to support marketing and general ecosystem growth. # About Colorful Notion Colorful Notion is led by \[Sourabh Niyogi\](https://forum.polkadot.network/u/sourabhniyogi) and \[Michael Chung\](https://forum.polkadot.network/u/mkchungs). We have been active in the Polkadot ecosystem over the last 2 years and look forward to building with others in Polkadot 2.0’s “map reduce” ubiquitous computing future. ## Updates \* 12/21/2023 - \[AAG #93 - et-l brute?\](https://www.youtube.com/watch?v=3jlA51DLz2o) \* 12/22/2023 - PoC of Polkadot Relay Chain completed -- see \[Polkadot Proof-of-Concept Dashboard\](https://dune.com/sourabhniyogi/polkadot-proof-of-concept) \* 1/3/2024 - Happy New Year 2024! Basic CN-Dune terms are being developed by Dune General Counsel; Partially redacted summary of Terms used for MSA draft may be posted here, \_with permission\_. \* 1/4/2024 - CN received MSA from Dune. Publicly sharable CN-Dune terms are included below for transparency: !\[image\](https://i.ibb.co/Rb5Nb3V/4113-sourabhniyogi-1704397042754.png) \* 1/5/2024 - 3 Order forms developed for MSA. \* 1/9/2024 - \[Relay Chain/Parachain tables\](https://docs.google.com/spreadsheets/d/1eG14AFNpJBx8Ng46XIy19hM1R\_POcT94t5mvfWaQoFE/edit#gid=1994869400) (shared with Dune permission) \* 1/11/2024 - MSA finalized \* 3/19/2024 - Dune public announcement: https://twitter.com/DuneAnalytics/status/1770087920994603325 # Ongoing Dashboard development in Q2 2024: \[Polkadot Wiki PR\](https://github.com/w3f/polkadot-wiki/pull/5933) ## Polkadot Relay Chain Polkadot Governance: \* General: https://dune.com/substrate/polkadot-gov \* Refs: https://dune.com/substrate/polkadot-referendum Polkadot Staking: https://dune.com/substrate/polkadot-staking ## Polkadot Parachains: AssetHub: https://dune.com/substrate/assethub Interlay: https://dune.com/substrate/interlay Astar: https://dune.com/substrate/astar-dapp-staking Bifrost: https://dune.com/substrate/bifrost HydraDX: https://dune.com/substrate/hydradx Centrifuge: https://dune.com/substrate/centrifuge Moonbeam: https://dune.com/substrate/moonbeam-governance Stellaswap: https://dune.com/substrate/stellaswap Acala: https://dune.com/substrate/acala Unique: https://dune.com/substrate/unique Phala: https://dune.com/substrate/phala Neuroweb: https://dune.com/substrate/neuroweb Manta: https://dune.com/substrate/manta Mythos: https://dune.com/substrate/mythos Collectives: https://dune.com/substrate/collectives Nodle: https://dune.com/substrate/nodle Invarch: https://dune.com/substrate/invarch ## Kusama Relay Chain Kusama Staking: https://dune.com/substrate/kusama-staking Kusama Governance: \* General: https://dune.com/substrate/kusama-gov \* Refs: https://dune.com/substrate/kusama-referendum ## Kusama System Chains / Other Coretime: https://dune.com/substrate/coretime\_kusama DED: https://dune.com/substrate/dotisded For the latest of ongoing ingestion status and dashboard catalyst, see this \[public sheet\](https://docs.google.com/spreadsheets/d/1eG14AFNpJBx8Ng46XIy19hM1R\_POcT94t5mvfWaQoFE/edit#gid=2015037)

Colorful Notion proposes to onboard the Polkadot + Kusama relay chains to Dune, an industry leader in highly shareable dashboards, for at least 2 years. The proposal funds the first year after a PoC is completed in early 2024, for 3/15/24 - 3/14/25, for a requested amount of 325,000 DOT [$1,968,200]. The integration is desirable for marketing and general ecosystem growth.

substrate-etl 2.0: Polkadot + Kusama Data on Dune (12 months, 3/15/24-3/14/25)

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