### Proposal Summary

- **Objective**: Reduce the minimum balance (minBalance) of USDT and USDC on AssetHub from 0.07 to 0.01.
- **Context**: Following the successful launch of Novasama's Telenova app, discussions aim to make Polkadot surpass competitors like Solana and Tron in stablecoin payments.
- **Proposed Changes**:
  - Lower minBalance of stablecoins to $0.01.
  - Reduce transaction fees on AssetHub by a factor of 10.
  - Achieve sub-1-second block times through Elastic Scaling.
- **Impact**: These changes, combined with apps like Telenova, could make AssetHub (and Polkadot) the preferred platform for fast, cheap, and reliable stablecoin transfers.
- **Testing**: The proposal was tested successfully using Chopsticks by experienced developers.

Executed

root

**Proposal to reduce the minimum balance of USDT and USDC on AssetHub to $0.01 from $0.07 to improve stablecoin payments and transfers on Polkadot.** This proposal is part of a larger plan to reduce transaction fees and block times on AssetHub and make Polkadot a hub for cheap, fast, and reliable stablecoin transfers. The proposal was tested successfully and prepared by a member of the Fellowship.

Reduce minBalance of USDT/C to 0.01

- A proposal is being made for funding to get 41 Verified Organization Badges on Twitter.
- The badges help organizations stand out and have benefits like better visibility and support.
- The total cost for these badges is around €47,433.
- Many accounts already have badges, and the number will increase from 36 to 47 accounts.
- There are specific reasons why some accounts won’t get badges, like they haven’t shown interest.
- Only certain types of accounts can get badges, like active parachains and top ecosystem wallets.
- The proposal includes a safety plan for possible changes in costs.
- The Web3 Foundation will handle payments for some specific accounts.

small_spender

Web3 Foundation's Social Media Board is proposing 12 months of funding for 41 "Verified Organization Badges" on X/Twitter, costing €47,433. The badges will be offered to active Polkadot parachains, ecosystem wallets, Polkadot leadership, official Polkadot flagship events, and Polkadot communication channels. The badges come with many benefits, including priority on X, a gold checkmark, impersonation defense, premium support, and all benefits of X Premium+. W3F will pay the fee for six of the badges, while the funding for the remaining 41 badges will come from the Treasury.

Verified Organization Badges on Twitter/X for Parachains, Top Wallets & Comms Channels

On July 3, 2024, a special Polkadot event will happen at Sway Bar in London. This event is only for 200 people who are invited. The goal is to help people learn more about Polkadot technology and how it can be used in the real world. London is a big place for money, but there isn't much Polkadot there yet. Many projects are being built using Polkadot, and they need money to grow. So, we want to bring more money into Polkadot and its projects.

We will have important people from different groups, like Parity, PBA, project teams, people who give money, and people who work with buildings and laws. We want to show how Polkadot can work with other things using something called XCM. This will help people see that Polkadot is a new and better way to use the internet.

We also want to start a regular meeting in London for people who work with computers and the internet. They can learn more about Polkadot and how they can use it to make cool things.

In person Polkadot centric event x200 people (strictly invitation only) Location: Sway Bar, Holborn, London UK Date: 03/07/2024 Summary: We aim to create much greater understanding about the Polkadot technology but also the opportunities of real world applications that can, and are, being built on Polkadot. London is one of the biggest financial hubs in the world yet there is virtually no Polkadot presence currently. Ecosystem projects (from all around the world) are being built on Polkadot, however they all require funding at every stage of their development, so we need a constant flow of new liquidity into Polkadot and the wider ecosystem. We aim to bring together key figures both within; Parity, PBA (and Alumni), Ecosystem Project teams, VCs & Investors, Real Estate Developers & Investors & Legal Professionals. By showcasing Polkadots interoperability and trustless bridging using XCM in tangible projects, will give much needed reassurance that Polkadot is the new iteration of the internet. We also aim to kick start a regular London Polkadot meetup (coordinated by PBA alumni) for web3 / web2 engineers & builders to learn more about the Polkadot technology and how they can get involved to start building cool stuff.

WHO: The organizers aim to bring together key figures within Parity, PBA, Ecosystem Project teams, VCs & Investors, Real Estate Developers & Investors & Legal Professionals.

WHAT: A Polkadot centric event to create greater understanding about the technology and opportunities of real-world applications built on Polkadot.

PRICE/TIMEFRAME/RESOURCES: Not specified. 

LOCATION: Sway Bar, Holborn, London UK.

EXPECTED ATTENDEES: x200 people (strictly invitation only). 

DATE: 03/07/2024.

Polkadot London Event - Dawn of RWAs 

### Proposal Summary

- **Title**: Inclusion of Hydration in marketing narratives funded by Polkadot Bounty #33 - Marketing Bounty
- **Purpose**: To include Hydration in marketing narratives funded by a Polkadot bounty.
- **Hydration**: A service or project related to Polkadot, details available at [hydration.net](https://hydration.net/).
- **Background**: This proposal follows two recent referendums:
  - [Referendum #801](https://polkadot.subsquare.io/referenda/801)
  - [Referendum #834](https://polkadot.subsquare.io/referenda/834)
- **Requirement**: Specific approval for continued use of these services through OpenGov.

wish_for_change

WHO: The proposer
WHAT: Placing an on-chain remark about including Hydration in marketing narratives funded by Polkadot Bounty #33
PRICE/TIMEFRAME/RESOURCES: Not specified.

Inclusion of Hydration in marketing narratives

Rejected

please vote no, wrong preimage

TimedOut

lol - NAY

### Summary of Gavin's Proposal

1. **Maximum Supply**: Proposes a maximum DOT supply of 2.91 billion (double the current total supply).
2. **Yearly Issuance**: 10% yearly issuance of the remaining supply.
3. **No Immediate Changes**: No reduction of rewards in the first year, avoiding selling pressure.
4. **Fiscal Certainty**: Provides fiscal certainty and predictability regarding DOT supply.
5. **Safety Mechanism**: Includes a safety mechanism to increase supply if needed via a hard fork.
6. **Community Support**: A way for the community to show support for Gavin's idea.
7. **Timing**: Suggests implementing the change this year for immediate fiscal certainty and addressing fears of overdilution.
8. **Value Adjustment**: Slightly reduced max supply (2.91 billion instead of 3.14 billion) to maintain no reduction in rewards the first year.

The proposal suggests fixing the maximum supply of DOT at 2.91 billion with a yearly 10% issuance of the remaining supply. This will provide fiscal certainty and predictability, with no reduction of rewards in the first year, and address fears of overdilution. The proposal is a way for the community to show support for Gavin's idea, with a slightly reduced max supply to avoid a reduction of rewards in the first year.

Fixed Maximum Supply for Fiscal Certainty

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

medium_spender

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

JUST Retroactive Compensation for Contributions to the Polkadot Ecosystem

- Unlocksummit is an event for women in entrepreneurship and technology, focusing on web2 and web3.
- The second edition of Unlocksummit was held in Puebla at Museo el Barroco.
- Four ambassadors participated, with two giving talks at a side event and three leading a workshop at the main event.
- The ambassadors covered the costs for Polkadot's participation.
- This event helped grow the Polkadot community in Mexico and attract new users.
- Unlocksummit is a chance for women to learn and connect in technology.

big_tipper

The proposal describes Polkadot's participation in Unlocksummit, an entrepreneurship and technology event for women in web2 and web3. Four ambassadors covered the expenses, and it was an opportunity to expand and represent Polkadot at other technology and web3-related events in Mexico. No specific price, timeframe, or resources are mentioned.

Retroactive - Participation of Polkadot in Unlock summit 2024 Mexico, Puebla Talk + Workshop

The Kudos Portal is a project created to help developers find jobs and contribute to projects in the Polkadot ecosystem. It was started by graduates of the Polkadot Blockchain Academy who had trouble finding jobs after graduation. The portal has a website where developers can find projects to work on and get rewards for their contributions.

The Kudos Portal wants to add new features to make it better, like project homepages, contributor profiles, personalized notifications, a community wishlist, and metrics pages. They also want to work with project teams to make it easier for new contributors to start working on projects.

The team behind Kudos Portal has experience in software development and has won awards in Polkadot hackathons. They are asking for $128,000 to help them develop the Kudos Portal for the next year.

We will be opening a treasury proposal in the coming days requesting support for the future development of the Kudos Portal. We would love to get some feedback from the community regarding our ideas.

### Context

The motivation for the Kudos Portal stemmed from a shared challenge encountered as successful graduates of the Polkadot Blockchain Academy in Berkeley. Despite being equipped with specialised skills in Polkadot technologies, we, along with many fellow alumni, found it difficult to immediately secure roles within the ecosystem, mainly due to the global tech hiring slowdown. Unfortunately, the lack of open roles in the Polkadot space at the time led to many skilled individuals accepting roles in other blockchain ecosystems or Web2 industries. One potential path to getting hired into the ecosystem is via contributing to the open source repositories with the hope of providing value and getting noticed. However, the difficulty with this method came into sharp focus during an alumni catch up at the sub0 Polkadot Developer Conference in Lisbon. Here we discussed the daunting task of navigating the Polkadot ecosystem to find suitable projects that aligned with our interests and skill levels. With over [25 000 repositories](https://www.developerreport.com/ecosystems/polkadot) in the Polkadot ecosystem, efficiently locating and contributing to relevant open issues seemed nearly impossible.

In response, we developed the initial version of the Kudos Portal (available at [morekudos.com](http://morekudos.com)), which offers:

**Unified Repository Access**: Aggregating all ecosystem repositories into a single platform, simplifying the discovery process for developers.

**Project Categorisation**: Allowing users to filter projects by interests, categories, and programming languages to find opportunities that best match their skill set and passions.

While the alpha version of the Kudos Portal has started addressing the key challenges of navigation and engagement within the Polkadot ecosystem, there is a substantial need to broaden and deepen the solutions it offers.

**Competitive Landscape**

OnlyDust has made significant strides in improving the developer experience as it relates to open source contributions. They currently support over 200 projects from 5 ecosystems, Cosmos, Ethereum, Starknet, Optimism and Aptos. Regarding contribution incentives, OnlyDust currently distributes roughly $500K per week. We see an opportunity to improve on their centralised approach by leveraging the unique decentralised capabilities of the Polkadot platform, such as OpenGov, Asset Hub, and XCM, to create even more powerful tools for our community.

[https://app.onlydust.com/](https://app.onlydust.com/)

[https://medium.com/fabric-ventures/investing-in-onlydust-pushing-the-contribution-economy-744961d41bbf](https://medium.com/fabric-ventures/investing-in-onlydust-pushing-the-contribution-economy-744961d41bbf)

### Problems

The Polkadot ecosystem, while robust and innovative, presents several significant challenges that impede both new and experienced developers from effectively engaging and contributing. First and foremost, gaining a comprehensive overview of the ecosystem is daunting due to the sheer volume of information and the limited tools available to navigate this vast landscape. This complexity is compounded by the absence of metrics that track trends and activities, making it difficult for developers to identify where their efforts might be most needed or appreciated.

Moreover, finding suitable contribution opportunities that align with a developer’s specific skill level, interests, and preferred development languages or technologies proves to be a strenuous task. The lack of effective filtering and search tools means that developers often miss out on projects that could benefit from their unique skills and experiences. Similarly, opportunities to earn rewards are not easily discoverable, which could otherwise incentivize more sustained and impactful contributions.

The challenges extend to interpersonal connections within the ecosystem as well. There is a noticeable gap in opportunities for finding mentorship and guidance from more experienced developers, which is crucial for professional growth and effective contribution.

Project teams also face hurdles, primarily in attracting developers to build with their tools and platforms and in finding contributors for their open source projects. Gaining visibility among the vast developer community remains a persistent challenge, further exacerbating the difficulty in driving project progress and adoption.

Lastly, the community interaction within Polkadot is hindered by limited feedback mechanisms. Developers and users alike struggle to interact with projects in a meaningful way, whether it's providing feedback, requesting enhancements, or simply engaging in dialogue about future directions. This lack of robust interactive channels stifles community-driven development and the iterative improvement of projects based on user input.

### Solutions

To address the identified challenges within the Polkadot ecosystem, the Kudos Portal plans to introduce several innovative features designed to streamline and enrich the developer experience.

**Project Homepages**

Project homepages on the Kudos Portal will provide a dynamic snapshot of each project's activity, highlighting open "good first issues," available rewards, and comprehensive developer resources. This feature allows new and experienced developers alike to quickly gauge a project's activity level and discover opportunities to contribute that are aligned with current project needs and their own capabilities. Additionally, each homepage will provide contact information, including the main maintainers and links to communication channels such as Telegram or Discord. This ensures developers have immediate access to points of contact, facilitating easier communication and faster integration into the project community.

**Contributor Profiles**

Contributor profiles will offer a detailed view of individual developers' contribution metrics, active engagements, rewards earned, and displayed interests and skills. Profiles also indicate whether the developer is open to work, facilitating a more efficient matching process between projects seeking specific skills and developers looking for opportunities. This visibility will not only aid developers in showcasing their capabilities but also helps project teams in recruiting the right talent.

**Personalized Developer Notifications**

Through personalised notifications, the Kudos Portal will ensure that developers are promptly informed about new contribution opportunities that match their specific interests. This feature will minimise the time developers spend searching through irrelevant content, allowing them to focus more on making meaningful contributions directly aligned with their expertise and project preferences.

**Community Wishlist**

The Community Wishlist will serve as an ecosystem hub where community members can post, discuss, and upvote feature requests and project ideas. This direct feedback mechanism will not only foster a collaborative community atmosphere but also guides developers and project teams on what features or improvements are most desired, helping prioritise development efforts that have community support and potential for treasury funding.

**Metrics Pages**

Metrics pages will provide real-time data on project and developer activity within the ecosystem. These pages will help track engagement levels, identify trends, and spotlight areas needing more developer support or resources. By offering insights into both project and individual contributions, these metrics empower developers and project teams with the data needed to make informed decisions and adjust strategies for better outcomes.

**Curated Issues**

Working collaboratively with project teams, the Kudos Portal will facilitate the curation of high-quality, well-documented issues, making it easier for new contributors to begin making impactful contributions. This approach not only lowers the barrier for entry by clarifying expectations and reducing initial complexity but also enhances the overall quality of contributions across the ecosystem. We are already in discussions with the maintainers of several Polkadot ecosystem projects.

### Team & Ask

![](https://europe1.discourse-cdn.com/standard21/uploads/polkadot2/original/2X/5/59ece6187b68430e8d2cd03ae596023afbdffe73.jpeg)

**Igor Papadinas** - [https://github.com/ipapandinas](https://github.com/ipapandinas)

Software Engineer, blockchain specialised

**Leandro Palazzolo** - [https://github.com/leapalazzolo](https://github.com/leapalazzolo)

Software Engineer, specialised in web3 projects.

**Connor Campbell** - [https://github.com/CJ13th](https://github.com/CJ13th)

Software Engineer, blockchain focused.

The Kudos team has many years of full stack software development experience in both the Web2 and Web3 world. We each graduated from the engineering track (Igor graduated from the founders track too!) of the Polkadot Blockchain Academy Berkeley edition and have participated in and won important prizes in various Polkadot hackathons. Some our notable achievements include:

[PBA Graduation](https://kodadot.xyz/ahp/collection/56)

[Sub0 Asia Speakership](https://www.youtube.com/watch?v=qfEQRX1NY0w&t=902s)

[Polkadot x Encode Hackathon](https://www.blog.encode.club/polkadot-ink-hackathon-powered-by-encode-club-prizewinners-and-summary-0ee9efac42ea) - 1st place with Kudos Ink!

[Polkadot x Encode Accelerator Program](https://www.youtube.com/watch?v=pdDhO5SFuFA&t=306s) - Shipped Kudos Portal v1

[Polkadot Winter Hackathon](https://www.linkedin.com/posts/xcavateblockchain_weve-only-gone-and-won-1st-prize-in-the-activity-7152255948038828032-CI8t?utm_source=share&utm_medium=member_desktop) - Hong Kong - 1st place

We are requesting $128 000 (17,822.33 DOT) to fund the development of the Kudos Portal for a period of 1 year to aid us in delivering on the milestones specified in the proposal linked below.

[Full Proposal](https://docs.google.com/document/d/1vAmPjy25rU214UXTykTLOdHUXXE2ItPjZPKeoNQCGkY/edit?usp=sharing)

[Polkadot Forum Post](https://forum.polkadot.network/t/kudos-unlocking-the-full-potential-of-polkadots-developer-community/6346)

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

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

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

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

Volatility adjustment for REF651 and REF742

VOTE NAY - ERROR PREIMAGE

- **Proponent:** PopUp Hub team
- **Event Dates:** 10th - 12th July 2024
- **Requested Amount:** 13,074.38 € / 2,150.3914 DOT
- **Beneficiary:** 122najL1ugRZzs3KRCM5VsoeNpDxHNGRj6WJxrh6LDqwwHo2
- **Contact:** Patrizia De Bella (patrizia.debella@gmail.com)
- **Team:** Includes members from Parity, Polkadot Ambassadors, and Playproject.io
- **Events:** 
  - **Technical Summit (10th July):** Focuses on solving issues and advancing Polkadot's development.
  - **PopUp Hub (11th & 12th July):** A free, open space for community members to network, work, and host events.
- **Venue:** Produits Dangereux, located near the main Decoded venue in Brussels.

WHO: PopUp Hub team, Parity, Polkadot Hubs, and the Web3 community. WHAT: Host a series of side events, including a Technical Summit and a PopUp Hub, coinciding with the Polkadot Decoded conference in Brussels. PRICE/TIMEFRAME/RESOURCES: Requested amount of 13074.38 € / 2150.3914 DOT for the event duration of 10th July - 12th July 2024. The venue is Produits Dangereux, located 5 min away from the main Decoded venue.

Decoded 2024:  PopUp Hub for the community

- A proposal, named Ref #734, did not get funded because of a mistake.
- You can read more about it on websites like Polkassembly and X.
- The important details about the proposal, like the money needed and goals, will stay the same.
- They answered all the questions about the original proposal.
- The team is sorry for the mistake, especially with important events in Berlin coming up.
- They are not going to ask for more funding if this one gets accepted.
- They believe in making a strong impression without overdoing it.

The proposal Ref #734 did not execute due to a technical oversight. The information for the original proposal remains the same, including the visual refresh, amount requested, and reduction of cost. No further refill will be requested. CD1 takes full responsibility for the oversight. No price, timeframe, or resources mentioned.

RE-SUBMISSION OF REF #734 - BERLIN TAXI REFILL

**João Hazim Proposal Summary:**

João Hazim is a blockchain expert and founder of Zero Paralelo, a community for sharing knowledge about blockchain technology. He is asking for 440 DOT to fund 4 educational videos about Polkadot and other blockchain ecosystems. These videos will help teach people about blockchain and promote Polkadot's features. The money will also help grow his team, create more content, and reach more people.

**Important Links:**
- Twitter: [https://twitter.com/joaohazim](https://twitter.com/joaohazim)
- YouTube: [https://www.youtube.com/@joaohazim](https://www.youtube.com/@joaohazim)
- Instagram: [https://www.instagram.com/joaohazim/](https://www.instagram.com/joaohazim/)
- LinkedIn: [https://www.linkedin.com/in/joaohazim/](https://www.linkedin.com/in/joaohazim/)
- Website: [https://www.zeroparalelo.com.br/](https://www.zeroparalelo.com.br/)

**Videos:**
1. [AIRDROP RÁPIDO E FÁCIL DE PMAPS DO ECOSSISTEMA POLKADOT!](https://youtu.be/q59tp-ULa0o)
2. [TANSSI: UM PROTOCOLO DE INFRAESTRUTURA PARA APPCHAINS](https://youtube.com/live/MGtLFpf5xAg?feature=share)
3. [LIVE 14 DE MARÇO DE 2024 / ESTRATÉGIA PARA POLKADOT](https://www.youtube.com/live/XQEaGLAKWHY)
4. [HOJE: ESSAS SÃO AS MAIS IMPORTANTES PARACHAINS EM POLKADOT](https://www.youtube.com/live/-Q8YJFG8ZjE?si=dMchAgVN4HDh_7BT)

![](https://i.ibb.co/BG6wVkp/image.png)

**Proponent:** 5CAhscQqmiFiHSrthJTe9nuVKQsM2SRU3LKfR8P7gx9jpFzw

**Date:** 20/05/2024

**Requested DOT:** 440 DOT

Read full metrics in [https://docs.google.com/document/d/1yZZZ1mwOegtfA2Z55KHN\_-P0zX1dOncH3\_n0792ZM3I/edit](https://docs.google.com/document/d/1yZZZ1mwOegtfA2Z55KHN_-P0zX1dOncH3_n0792ZM3I/edit)

**Short description:**

João Hazim is an accomplished blockchain expert and a pivotal figure in the Web3 space, recognized for his significant contributions to both blockchain development and educational content creation. As a Certified Blockchain Expert, João founded the influential community Zero Paralelo, which serves as a platform for sharing knowledge and fostering innovation in blockchain technology. His ability to demystify complex blockchain concepts through his popular YouTube channel has not only attracted a substantial following but has also established him as a trusted voice in the cryptocurrency community.

Hazim's dedication to the Polkadot ecosystem is evident from his early discussions about its potential, which began around mid-2020. This early advocacy highlights his long-standing commitment to promoting Polkadot's interoperability and scalability features. Through his platforms, João continues to explore and promote Polkadot's advancements, driving greater awareness and adoption of this transformative technology in the blockchain community. His dual focus on building robust blockchain solutions and educating the public underscores his comprehensive expertise and his significant role in advancing the Web3 space.

**My links:**

Twitter: [https://twitter.com/joaohazim](https://twitter.com/joaohazim)

Youtube: [https://www.youtube.com/@joaohazim](https://www.youtube.com/@joaohazim)

Instagram: [https://www.instagram.com/joaohazim/](https://www.instagram.com/joaohazim/)

LinkedIn: [https://www.linkedin.com/in/joaohazim/](https://www.linkedin.com/in/joaohazim/)

Website: [https://www.zeroparalelo.com.br/](https://www.zeroparalelo.com.br/)

**1 - Context of the proposal:**

Retroactive funding for 4 videos made between the periods of September 19th 2023 to February 15 2024, the amount requested for this big tips would be 440 DOT for the 4 videos, every 4 videos we intend to bring a retroactive request for delivery, with statistical and informative data.

**Metrics and Statistics**

**![](https://i.ibb.co/5r9BZRm/Screenshot-2024-05-20-213941.png)**

Read full metrics in [https://docs.google.com/document/d/1yZZZ1mwOegtfA2Z55KHN\_-P0zX1dOncH3\_n0792ZM3I/edit](https://docs.google.com/document/d/1yZZZ1mwOegtfA2Z55KHN_-P0zX1dOncH3_n0792ZM3I/edit)

**About me:**

João Hazim - Founder of Zero Paralelo, board member of Gotas.social, Stake Together, Picnic, and also involved with AmFi. A dedicated content creator for various blockchain ecosystems, actively promoting Polkadot’s adoption. His deep involvement in the Web3 space is highlighted by his educational efforts on cryptocurrency, DeFi, and NFTs through his popular YouTube channel and social media platforms. João's multifaceted roles demonstrate his commitment to advancing blockchain technology and nurturing an informed Portuguese speaking community.

**2 - The motivation for this proposal:**

Communication through digital media channels has become one of the most effective ways to reach and influence vast audiences in the modern era. My Youtube channel, João Hazim, and the community Zero Paralelo, has made its mark by producing high-quality, impactful content for the Portuguese community about Polkadot and other blockchain ecosystems. However, to continue expanding and enhancing our reach, we require funding. Here are the reasons why investing in our channel is essential.

Educational: Funding will enable us to expand my educational content, which is designed to inform and engage both beginners and advanced users. This investment will facilitate the creation of comprehensive tutorials, deep dives, and case studies that enhance user understanding and adoption of blockchain technologies in the Polkadot ecosystem.

Team Expansion and Enhancement: With this support, I will be able to assemble and expand a dedicated team of professionals, which is crucial for the production and quality of the educational content. By investing in skilled video producers, editors, and graphic designers, I can ensure that each piece of content not only meets the highest standards of clarity and professionalism but also addresses complex topics with precision and creativity. This leads to improving viewer engagement and establishing the channel as a premier educational channel within the Polkadot community.

Expand Polkadot Contents: With adequate funding, I will be able to diversify and expand our content portfolio, covering more varied topics and innovative formats, thus reaching an even larger and more diverse audience.

Advertising and Promotion: Through effective advertising campaigns, I can expand our reach and attract new followers. Promotion is vital for any channel that wants to grow and stand out in a saturated market.

Consistency and Frequency: Funding will ensure we have the resources we need to consistently produce content, keeping our audience engaged and expanding our impact in Brazil.

**3 - Payment conditions:**

What is the amount requested? 440 DOT

What is the address of the fund recipient? 5CAhscQqmiFiHSrthJTe9nuVKQsM2SRU3LKfR8P7gx9jpFzw

How can we contact the manager of the funds?

Name: João Hazim  
  
Email: [joaohazim@gmail.com](mailto:joaohazim@gmail.com)  
  
Discord: joaohazim

If you have any doubts, please feel free to contact me, I am open to suggestions, thank you very much.  
  
**Vídeos:  
  
**

1- [https://youtu.be/q59tp-ULa0o](https://youtu.be/q59tp-ULa0o) - AIRDROP RÁPIDO E FÁCIL DE PMAPS DO ECOSSISTEMA POLKADOT!

2 - [https://youtube.com/live/MGtLFpf5xAg?feature=share](https://youtube.com/live/MGtLFpf5xAg?feature=share) - TANSSI: UM PROTOCOLO DE INFRAESTRUTURA PARA APPCHAINS

3 - [https://www.youtube.com/live/XQEaGLAKWHY](https://www.youtube.com/live/XQEaGLAKWHY) LIVE 14 DE MARÇO DE 2024 / ESTRATÉGIA PARA POLKADOT

4- [https://www.youtube.com/live/-Q8YJFG8ZjE?si=dMchAgVN4HDh\_7BT](https://www.youtube.com/live/-Q8YJFG8ZjE?si=dMchAgVN4HDh_7BT) - HOJE: ESSAS SÃO AS MAIS IMPORTANTES PARACHAINS EM POLKADOT

WHO: João Hazim, founder of Zero Paralelo and a blockchain expert.
WHAT: Requesting retroactive funding of 440 DOT for 4 educational videos about Polkadot, team expansion, content diversification, advertising, and consistency.
PRICE/TIMEFRAME/RESOURCES: 440 DOT for 4 videos made between September 19th, 2023 to February 15th, 2024.

Big Tips for Content in Portuguese - JOÃO HAZIM - 440 DOT

whitelisted_caller

Upgrade Polkadot v1.2.5

Vote NAY

- This proposal is asking for money to buy 4 special licenses from Merkle Science.
- These licenses will help different teams show important information to their users about their accounts.
- Merkle Science helps track scams and stolen funds by providing tools for investigations.
- The previous licenses were used by teams but need to be renewed because they will end soon.
- The proposal is for $43,200 to cover the cost of the licenses for another year, plus a new one for Subwallet.
- The licenses help keep users safe from scam accounts and provide better transparency.
- The proposal is important to help all Polkadot users and improve how they see their transactions.

**WHO:** Merkle Science

**WHAT:** Requesting funding of $43,200 or 6702 DOT for the renewal of 4 API licenses for Subscan, Fearless, PolkaGate, and Subwallet to display account attributions to their users.

**WHEN:** The licenses will expire at the end of May 2024, and the proposal aims to secure funding for their renewal for another year.

**RESOURCES:** The cost of each license is $10,800 USD, so the requested amount for all 4 licenses is $43,200, including a 30% discount on individual licenses prices.

Treasury proposal for renewal of API licenses for Blockexplorers

### Polkadot Education

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

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

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

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

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

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

WHO: Polkadot Education

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

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

Polkadot Education - Polkadot Onboarding for Business

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

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

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

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

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

TIMEFRAME: 6 months. 

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

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

Wrong preimage, please vote Nay ------------------------------- Update Proposal is available at https://polkadot.polkassembly.io/referenda/839

Please vote Nay

- The event took place on April 16, 2024, at Token 2049 in Dubai, organized by CCTF.
- It was held on a yacht with many important people from the web3 community attending.
- Polkadot was the main sponsor and provided 40 free tickets for the event.
- There were some issues with presentations because of bad weather, but guests enjoyed networking on the yacht.
- CCTF is known for creating fun tech events for hackers and developers.
- The total budget for the event was $45,000, with part requested for reimbursement.
- The event had 100 attendees and received a high satisfaction score.

**WHO:** CCTF DAO

**WHAT:** Reimbursement funding for a Polkadot event at Token 2049 in Dubai, including networking, presentations, and business development activities.

**PRICE/TIMEFRAME/RESOURCES:** Requested budget of $30,000 retroactively paid by CCTF DAO itself. Event held on April 16, 2024, with 100 attendees and 40 free tickets provided for the Polkadot ecosystem. Numerous media appearances and a satisfaction feedback score of 4.625.

Retroactive Sponsorship Reimbursement for Polkadot CCTF Yacht event at Token 2049, Dubai

Inclusion of DED in marketing narratives

Virtune AB, a regulated Digital Asset Manager, has partnered with CultureDot to promote a Polkadot ETP (Exchange-Traded Product) in the Nordic region. This 1:1 Spot Backed Polkadot ETP aims to increase investment in Polkadot by offering a regulated, investible staked, spot-backed ETP. Virtune AB is a fast-growing asset manager with 89M in assets under management and 26,000 unique accounts. They are publicly traded on the Nasdaq Nordic and are registered with the FSA of Sweden. The campaign includes digital advertisements, IRL placements, select appearances, and private seminars to reach retail and institutional investors. The goal is to attract 2830 new clients with an average starting investment of $1750 per investor, expecting a ROI of $4.4M into the Polkadot ecosystem by early 2025. Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD.

**![](https://i.postimg.cc/CL35CC5k/Virtune-X-Nasdaq.png)**

**This is a proposal presented by CultureDot on behalf of Virtune AB — a fully regulated, Digital Asset Manager licensed to operate in multiple Nordic countries. This campaign serves to promote exposure of a 1:1 Spot Backed, Polkadot ETP, issued by Virtune AB.**

**VIRTUNE X POLKADOT - ETP CAMPAIGN, SWEDEN & THE NORDICS  
**Presented by CultureDot for Virtune AB

_**Message from the Company:**  
Virtune is a fast growing asset manager and issuer of crypto exchange-traded products in the Nordics with the aim to drive adoption of a regulated, Nasdaq-listed and FSA compliant Staked Polkadot ETP. Using selective marketing strategies, our 100% physically backed spot Staked Polkadot product will be presented to both retail and institutional investors alike._

_With this referendum, Virtune plans to address demand in the Nordic financial markets that are currently underserved and greatly increase the number of investors who choose to invest into this vibrant new technology. Polkadot.” - Christopher Kock, CEO Virtune AB  
  
_

_![](https://i.postimg.cc/7ZPHnBDC/VIRTUNE-ETP.png)_

**TABLE OF CONTENTS**  
Proposal  
Campaign  
Events & Appearances  
The Ask (Budget)  
Targets & KPI’s  
Analytics  
ETP Information & FAQ  
Letter from the Proposer (CultureDot)  
Conclusions & Next Steps  
Community Notes  
  
  
**THE PROPOSAL  
**The Digital Asset landscape is quickly maturing and the appetite for exposure is steadily climbing throughout 2024. The emergence of crypto backed, traditional financial products grant access to an entirely new demographic of investors who previously did not have the technical aptitude or risk appetite for gaining exposure to spot crypto holdings.

Virtune presents a unique opportunity to expand investor interest in Polkadot by offering a direct, fully regulated, investible staked, spot backed ETP.

A few attributes that make Virtune a clear contender in the Digital Asset management space:  
— 89M in assets under management  
— 26,000 unique accounts  
— Publicly traded on the Nasdaq Nordic & eligible to residents of Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia, Lithuania & Germany.  
— Fully registered with the FSA (Financial Supervisory Authority) of Sweden  
— Products available direct through traditional finance platforms and banks  
— Team of 12 professionals dedicated to growing Virtune as the #1 leading crypto asset manager in the Nordics  
— Investor base comprising of DOT, BTC, ETH, LINK, ARB, MATIC & SOL ETP holders

![](https://i.postimg.cc/FsY5r29V/VIRTUNE-AUM.png)

**Company Partners:**  
— Coinbase: Custodian and Storage of Funds  
— Formidium: Fund Administrator  
— Nordic Issuing Services: ETP Issuing Agent & Clearing House  
— Flow Traders: Market Maker  
— Ultumus: ETP Calculation Agency  
— Vinter: Index and Reference Rate for up to Date ETP Pricing  
— Jane Street: Authorized Participant and Liquidity Provider  
— Figment - Staking Provider

**Brokerage Platforms:**  
— Avanza: 1.93M investors  
— Nordnet: 1.862M investors  
— Handelsbanken: Largest bank in Sweden handling local & international business accounts with 214 regional offices  
— Strivo: One of the largest financial advisor platforms with over 120 advisors for alternative investments within Sweden - managing over 2.5B USD  
— Pareto Securities - Independent, full service investment bank  
— Kvarn X Trading Platform (Coming Soon)  
  
Virtune Products are listed on the Nordic Nasdaq - home to over 680 companies with an average trading volume of 3.2B and a Market Cap of 1.95 Trillion. Nasdaq Stockholm is the largest stock exchange in the region and one of the largest stock exchanges in Europe that can also be accessed globally. This enables the Virtune products to be accessed by a large number of investors in multiple markets, an angle that will be incorporated to this campaign through various methods presented below.  
  
  
**THE CAMPAIGN  
**In order to reach the maximum number of prospects while also creating the most impact - we planned a multi-channel approach, which will consist of digital advertisements, IRL placements, select appearances and private seminars which will be held at the Virtune office.

**Digital  
**— Direct targeting of existing Virtune ETP investors via email campaigns, direct messages & newsletters  
— Press releases with financial platforms such as Swedbank, Avanza & related institutions, which reach a large number of relevant, active investors  
— Digital placements across major finance websites in Sweden  
— Social Media placements across relevant financial profiles & KOL's  
— Podcasts & Appearances  
— A press release announcing the collaboration between the Polkadot Treasury and Virtune which will be simultaneously distributed across several markets and shared with multiple journalists in the Nordic region.  
**  
Total number of Impressions amount to approx 4.5M for this part of the campaign**

**Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD  
  
**

**![](https://i.postimg.cc/MHTTKdTf/VIRTINE-ETP-DESC.png)**

  
**IRL**  
The IRL part of the advertising campaign will target an audience of working professionals, residents and travelers living, working and transiting within Sweden and eligible jurisdictions. The activations will be specifically targeted towards relevant areas of Stockholm Transit & City Center.

We have contacted 4 separate agencies to fulfill the requests of this large-scale campaign. Resources will be deployed to cover placements in the following areas:

**Arlanda Express Train  
**Connects Stockholm International Airport to Stockholm Central Station

**Street & City Transit Placement  
**A Selected Group of Transit Stations Around the City Center

**“Stockholm Wall St.” Regeringsgatan / Jakobsbergsgatan  
**Stockholm Financial District & High-End Shopping Area

**City Centre Stockholm  
**NK, Mood Mall, Sergels Torg, and NK Vepa  
  
**Total number of Impressions amount to approx 12.4M for this part of the campaign  
  
  
****IRL Placements Full Specifications & Media Sheet -** [https://drive.google.com/file/d/1\_tn3CI4vyZZMuL3mwu8WO4CW0m4V3S2s/view?usp=drive\_link](https://drive.google.com/file/d/1_tn3CI4vyZZMuL3mwu8WO4CW0m4V3S2s/view?usp=drive_link)

**IRL Placements Mock Schedule (subject to change based on availability) -** [https://drive.google.com/file/d/1Y4O6nC6YTnymPReIxz03Detzw\_M4N9Mz/view?usp=drive\_link](https://drive.google.com/file/d/1Y4O6nC6YTnymPReIxz03Detzw_M4N9Mz/view?usp=drive_link)  
  

![](https://i.postimg.cc/TY5bV3dL/VEPA.png)

**  
EVENTS & APPEARANCES**  
Virtune will hold multiple in-person seminars at their head office, presenting the Polkadot ETP. The target will be to attract a minimum of 50 attendees for each event - consisting of private banking advisors and professionals from some of the largest banks in Sweden and the Nordics regions.

A member from within the Polkadot community will be scheduled to attend one or more of the Virtune events and present to the attendees the current happenings within the Polkadot network. This representative will be chosen by the Distractive Polkadot Marketing team.

Christopher Kock, CEO will present the Polkadot ETP during appearances scheduled on financial channels, placing extra emphasis on the product as a viable investment.

Reference to Past Channel Appearances  
Nasdaq TradeTalks: [https://www.youtube.com/watch?v=WkRX0Nqwyz0](https://www.youtube.com/watch?v=WkRX0Nqwyz0)  
DiTV: [https://www.di.se/ditv/borskoll/experten-darfor-rusar-krypto/](https://www.di.se/ditv/borskoll/experten-darfor-rusar-krypto/)  
  

**THE ASK**  
We are requesting a total of 89,945 DOT ($571,150 USD) at a price of $6.35 (MA 200 & BINANCE WEEKLY MA 100) to cover the following:  
— AD Campaign (Airport Express & Transit) - 46,966  
— AD Campaign (City Centre) - 31,310  
— AD Campaign (Digital) - Funded by Virtune  
— Graphic Design - 3513  
— Polkadot Seminar Representative - 1260  
— Incidentals / Misc - 1694  
— Agency Fee - 5202  
  

**Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD**

**Any funds sold above the price of $6.35 will be returned to the treasury Any funds sold below the price of $6.35 the IRL portion will be slightly shortened**

**We have decided to request DOT even though the new USDT / USDC option is available as we are comfortable operating with this tested & tried method at the moment.**

**TARGETS / KPI’s  
**The campaign is projected to attract 2830 new clients to invest in the Polkadot ETP, with an average starting investment of $1750 per investor.

By early 2025, we expect the campaign to achieve a ROI of $4.4M into the Polkadot ecosystem (via VIRDOT ETP) equivalent to approx 631K DOT tokens, based on the current DOT price of $6.97.

The above numbers are calculated based on Virtune's historical metrics from the past 11 months, during which more than 26,000 investors were organically reached.

Beyond the immediate results, this campaign is expected to create a ripple effect, attracting more investors to Polkadot over time and instilling interest from private firms & institutions from the Nordic regions

**  
ANALYTICS & TRACKING**  
More than 90% of the investments are expected to be made through Nordnet and Avanza which are the biggest platforms in the Nordics. These platforms are being updated on a daily basis and the metrics can easily be tracked by anyone following the progress of this campaign.

Avanza Data: [https://www.avanza.se/borshandlade-produkter/certifikat-torg/om-certifikatet.html/1694757/virtune-staked-polkadot](https://www.avanza.se/borshandlade-produkter/certifikat-torg/om-certifikatet.html/1694757/virtune-staked-polkadot)

Nordnet Data: [https://www.nordnet.se/marknaden/trackers/18216585-virtune-staked-polkadot](https://www.nordnet.se/marknaden/trackers/18216585-virtune-staked-polkadot)

![](https://i.postimg.cc/MpC8FxjF/Avanza-Nordnet-Analytics.png)

**VIRTUNE POLKADOT STAKED ETP - INFORMATION & FAQ**  
The Virtune Staked Polkadot ETP was listed on Nasdaq Stockholm OMX's regulated market on January 10, 2024. This product is fully backed by spot DOT tokens, which are securely stored with Virtune's custodian, Coinbase. The tokens are staked directly from cold storage, with the rewards continuously accruing to the product. This process enhances the ETP's performance, as investors receive these rewards.

Currently, the annual staking return for investors stands at 4% on top of Polkadot’s performance. This staking yield is due to our strategy of not staking all of our holdings, maintaining liquidity to ensure that investors can freely buy and sell the product at any time during market hours without any lockup period.  
  

**Why do investors prefer to invest in Polkadot through an ETP instead of using crypto exchanges?**  
The most significant advantage of investing in Polkadot through an ETP in Sweden is the ability to store it in an ISK account, where you pay a standard annual tax of 1.25% instead of the 30% capital gains tax. This benefit makes it a clear first choice for investors. Additionally, most investors prefer to hold their cryptocurrency investments in their traditional securities accounts, eliminating the need to declare transactions or use a separate cryptocurrency exchange or account.

The combination of these values make our product a very attractive investment and we plan to grow the demand of this product with the above mentioned strategy - which we believe will be a net positive spend for the Polkadot Network.  
  

![](https://i.postimg.cc/Gm070pqG/CK-LIVE-TV.png)

**  
A MESSAGE FROM THE PROPOSER (CULTUREDOT)**  
This project with Virtune marks our first collaboration with a regulated Digital Asset Manager - with a campaign directly focused on a 1:1 spot backed ETP.

Through this investment, the Polkadot Network will be exposed to major banks, market makers, trading platforms and regulatory bodies - all of which help the growth & attention of Polkadot as a leader in the space.

We have spent the past 3 months working directly with Virtune to outline the concepts & deliverables presented above. We fully support the endeavors herein put forth by Virtune to spark further adoption of digital assets in the Nordics, and more specifically, Polkadot.

Thank you for your consideration.  
  
Sincerely,  
CultureDot / Virtune AB

**CONCLUSION & NEXT STEPS  
**Upon approval of this proposal, funds will immediately be converted to SEK (Swedish Krona) / EUR to pay vendors for their services.

For any reason the project does not move forward, distributed funds will be returned to the treasury where applicable.  
  

**COMMUNITY NOTES**

Virtune Website - [https://www.virtune.com/en/](https://www.virtune.com/en/)

Virtune Polkadot ETP - [https://www.virtune.com/en/product/polkadot/](https://www.virtune.com/en/product/polkadot/)

Virtune Polkadot ETP Fact Sheet - [https://storage.googleapis.com/virtune-public-bucket/virdot/documents/factsheet-en.pdf](https://storage.googleapis.com/virtune-public-bucket/virdot/documents/factsheet-en.pdf)

Virtune Polkadot ETP Key Information Document - [https://storage.googleapis.com/virtune-public-bucket/virdot/documents/kid-en.pdf](https://storage.googleapis.com/virtune-public-bucket/virdot/documents/kid-en.pdf)

Virtune X Polkadot Projects Folder: [https://drive.google.com/drive/folders/1OzMCG7sO2jPXAUb0fxXEC4pPFotltfZ0?usp=drive\_link](https://drive.google.com/drive/folders/1OzMCG7sO2jPXAUb0fxXEC4pPFotltfZ0?usp=drive_link)

**Virtune ID - 14ifrZHi32zA34vYpnVwLXWxArk2EiaMRxdKVu5HVRPdqLii  
(Deposit Address)**

Proposer ID - 15wuStiU3csCRdJgbztubxFFSpsdhRApUzmKWtBderKtd43G  
(CultureDot Address)

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

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

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

small_tipper

big_spender

OpenGov Referenda

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.

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

OpenGov Referenda

Referenda Tracks