Bounty Proposal: Business Prospects for Polkadot in Brazil

Link to the Original Discussion Post

⚠️ The bounty is now fully in the hands of the Pure Proxy wallet (in control of the curators multisig) given that payments using Child Bounties are a long and delayed process. ⚠️

Date: 30.10.2023

Allocation Request: 168,000 USD using Subscan EMA7 of 10/11/2023 ($5 per DOT)

Curator Reward: 10% of allocation divided by all the curators

Curator's PureProxy: 16Hbza9mgMR1xWbAhZMnbJQLKYmmGG1GSndpRAdNumhuRAuP

Short Description: Create a bounty to attract potential partners and businesses in Brazil to the Polkadot ecosystem, aiming to position Polkadot as the leading blockchain platform in the country.

Context: This bounty aims to tap into the growing interest in cryptocurrencies and blockchain technology in Brazil. The country's market is booming, and if Polkadot wants to seize this opportunity to expand its presence the time is now. Large entities like NuBank and the Government of Rio de Janeiro are exploring blockchain solutions in Brazil with Polygon and Solana.

Objective: Convert interested individuals and businesses in Brazil into active Polkadot builders or partners to establish Polkadot as the top blockchain ecosystem in the country.

Why This Matters: Brazil's cryptocurrency market is rapidly growing, with millions of investors and businesses entering the space. Brazil's digital landscape, with high mobile and internet usage, makes it an ideal market for blockchain adoption.

The Team: The team leading this effort includes Luis Fernando Dal Porto, John Rhodel Bartolomé, Gabriel Bonugli, and Carlos Sawaki, all with relevant backgrounds and experience in the blockchain industry in areas such as Development, Marketing and Project Management.

Problem Statement: Polkadot is a powerful blockchain platform, but awareness of its potential is still limited. Other projects are making inroads in Brazil, and we want to secure our position in this growing market. We propose a bounty to foster business development and attract new partners to Polkadot.

Proposal Objectives: Our primary goal is to convert interested parties into active Polkadot builders or partners. We have identified a substantial pipeline of businesses looking to integrate blockchain technology and plan to provide them with the necessary resources and support. 

Milestones and Actions: Over six months, we will initiate contact, hold meetings, qualify leads, and provide support to help at least three businesses start their projects on Polkadot.

**Parachains supporting our cause: **

**Compensation: **Rewards are based on goals achieved, with multipliers for successful leads and partnerships.

Bounty Curators: We propose Ivy Network, Nick Dunford, Saxemberg, and Zoe Meckbach as curators.

**Quick Q&A: **We are not considering the upcoming Incentive Pools Proposal due to time sensitivity. Three businesses may seem low, but they are of high quality and often lead to more projects. We believe a bounty is the best approach, as it rewards success and aligns with Polkadot's decentralized nature. We have the experience and local connections to make this initiative successful. While a global initiative was considered, regional focus allows for quicker action. Blockchain adoption in Brazil is on the rise And we are considering the recently announced resources from the Web3 Foundation.

Read the full proposal here: Google Docs Link

Month 1 — February Report:

Month 2 — March Report:

Month 3 — April Report:

Month 4 — May Report:

Month 5 & 6 — Report (N/A):
Due to the tremendous success of our Bounty, we used all the funds ahead of schedule! We asked the treasury for the equivalent of 1 big deal per month for 6 months, with a minimum requirement of delivering 3 deals for Polkadot to consider the bounty a success, and we delivered 9!

👇 See the final report below: