This proposal is for 12 months of funding for 41 “Verified Organization Badges” (aka affiliate badge) on X/Twitter.
The full list of accounts that will be offered a badge can be seen here.
A total of 47 accounts will have a badge, however W3F will pay the fee for 6 of the badges (more info below), hence the funding request for 41 badges.
The proposer is the Social Media Board via its auxilliary, Evan.
Background:
Web3 Foundation historically paid for all badges, approximately €36K per year. Now that marketing is decentralized and the badges benefit the community/parachains, the funding should come from the Treasury.
Currently, 36 accounts have an affiliate badge, this will be expanded to 47 accounts to include more parachains, and three ecosystem wallets.
Note: several parachains have declined to accept a badge, which is why the total number of badges is not >50.
The fee for the following accounts will continue to be paid for by W3F, not the treasury:
Benefits of Verified Organization Badges:
Cost Breakdown:
Criteria for Badge Allocation:
The Decentralized, 7-member Social Media Editorial Board has set clear, stringent criteria for X accounts to ensure capacity is managed effectively and that the number of accounts is within reason. An account must meet the following conditions to qualify for a badge, and there is a set limit for the number of accounts per group.
Exclusions:
Should any criteria be unclear, the Social Media Board may exercise their discretion in assigning affiliate badges
Administrative Details:
Invoices from X will continue to be sent to W3F, the legal owner of the X account, however W3F will be compensated by the funds of this proposal. The funds will be distributed directly into a W3F wallet.
Again, the full list of accounts that will be offered an affiliate badge can be seen here: https://docs.google.com/spreadsheets/d/1NGY-t31CJifl34BG0WUKriZZXedldH21ihEzlxNGfkQ/edit
X, a social media platform, is proposing 12 months of funding for 41 "Verified Organization Badges" on Twitter. This will cost €47,433 and will benefit 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+. The Web3 Foundation will pay for 6 of the badges, and any surplus in funds will be returned to the Treasury. The Social Media Board has set clear criteria for badge allocation, and the full list of accounts can be seen in the proposal.