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.

Awarded

big_spender

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]

The OpenGov Community Voting Discord Bot project did not have enough money and was too hard to make. The person who made it got paid very little money for their work. Now, there is a new program called Decentralized Voices that helps people in the Polkadot community make decisions together. The Discord bot is important for this program because it helps people start new groups to make decisions. The person who made the bot wants more money to finish the bot and add new features. They want the Polkadot community to give them more money so they can make the bot better and help more people.

medium_spender

WHO: The author of the proposal. 

WHAT: The proposal seeks to address the previous funding gap and to expedite the completion of pending features from the initial proposal. 

PRICE/TIMEFRAME/RESOURCES: The proposal calls for additional funding to ensure the rapid development and deployment of the bot to support the burgeoning needs of the Decentralized Voices program and the wider Polkadot community. No specific price or timeframe is mentioned.

OpenGov Discord Voting Bot Development

small_tipper

SmallTipper

- Goku is asking the community for 900 DOT as a retroactive tip for his contributions since August 2023.
- He has made many posts, videos, and graphics about technology and storytelling over the past 1.5 years.
- Goku's content has gained a total of 935,000 views.
- He has attracted various important followers, from those with hundreds of thousands to around 50,000 followers.
- He is involved in supporting new content creators at WagMedia and recently joined Polkadot's social media editorial board.
- Goku has worked on creative projects like graphics and memes to explain Polkadot clearly.
- He also engages in discussions and defends Polkadot on social media platforms.

big_tipper

WHO: Goku

WHAT: Requesting a retroactive tip for contributions to the ecosystem from August 2023 until today, including bridging tech talk with storytelling across social platforms through posts, threads, memes, videos, and graphics.

PRICE/TIMEFRAME/RESOURCES: Total requested is 900 DOT. No specific timeframe or resources mentioned.

Retroactive Tip For Solo Content Creation

Ceres Blockchain Solutions has proposed the Veles pallet to improve the carbon credit market within the Polkadot ecosystem. Veles aims to provide a reliable and transparent solution for managing carbon credits using blockchain technology. The project was initially intended to be part of the Substrate Builders Program. Veles addresses issues like fraudulent credits and speculative pricing, promoting environmental sustainability. The Ceres Team is dedicated to supporting Polkadot's growth and contributing a tool that benefits both the ecosystem and the planet.

Key resources for Veles include:
- Litepaper: [Veles Litepaper](https://docs.google.com/document/d/1fm8KXmK4XTf3rZgdcWuqTdO2MW9UqU6NxsecDwb49Hs)
- Github repository: [Veles Pallet](https://github.com/Ceres-Blockchain-Solutions/veles-pallet)
- Documentation: [Veles Carbon Credits](https://veles-carbon-credits.gitbook.io)
- Website: [Veles Technology](https://veles.technology/)

The Ceres Team has also provided bi-weekly updates on the progress of the Veles Carbon Credit Pallet, which can be found through the provided links. They are committed to transparency and engaging with the community. To learn more about Ceres Blockchain Solutions, you can visit their website, LinkedIn, Twitter, or contact them via email.

small_spender

Ceres Blockchain Solutions proposes the Veles pallet for enhancing the carbon credit market in the Polkadot ecosystem. No information is provided regarding the price, timeframe, or resources required for the project.

Veles project proposal - Carbon credits pallet

A proposal has been made to sponsor Polkadot's inclusion in the "LIFT Learning" program by Fenasbac, a server from the Central Bank of Brazil. The program aims to develop interoperability and bridging solutions for the Central Bank. The sponsorship will cover the development of a product using the Polkadot SDK as a Proof of Concept (PoC) with the University of Rio de Janeiro and COPPETEC, overseen by Fenasbac and the Central Bank of Brazil. The goal is to showcase the power of the Polkadot SDK and create a prototype that can be integrated into the National Financial System. The partnership will activate the University of Rio de Janeiro and software houses like COPPETEC to participate in the Polkadot ecosystem, attracting potential developers and creating relationships for future initiatives. Long-term benefits include removing technological and regulatory obstacles for Polkadot to connect with the Brazilian CBDC, making it one of the first public blockchain ecosystems to attract potential use cases of a digitized nation.

Polkadot sponsorship for LIFT Learning - A Fenasbac + Central Bank of Brazil initiative

### Proposal Summary: Decentralized Business Development for Polkadot

- **Proponent:** 13zTcqasJT4DnDgNjmsceACcuSjt4q2geEjtMprnGXCnuuh1
- **Author:** Cim Topal, CEO of Missing-Link.io
- **Date:** February 16, 2024
- **Requested Funds:** 50,000 DOT (approximately $365,000 USD)
- **Objective:** Enhance Polkadot's business development by recruiting 5 top-tier executives.
- **Current Issue:** Polkadot's BD efforts lack effective strategies, limiting adoption and visibility.
- **Proposed Solution:** Missing Link will source, screen, and place 5 experienced BD executives.
- **Milestones:** One-time payment of $365,000 USD upon successful placement of 5 executives.

Missing-Link.io proposes to source, screen, select, and place 5 experienced web3 business development executives for Polkadot's Decentralized Futures program. They request 50,000 DOT, equal to 365,000 USD per 7-Day SubScan EMA. The proposal aims to attract top talent to bolster Polkadot's ecosystem and establish long-term partnerships and enterprise adoption. The funds from the treasury will cover the service of sourcing, interviewing, strategizing, and placing the executives.

[Medium Spender] Referendum #506

- Polkadot Treasury is helping with the maintenance of software called ORML and other public projects.
- The Acala team is doing most of this work, but others are also helping.
- Some contributors' efforts weren't included in the funding proposal.
- A person named Bryan mentioned this issue in comments.
- There is a suggestion to reward a contributor named CertainLach.
- CertainLach has worked on ORML for the past year.
- Their work can be seen on a special website for the project.

Polkadot Treasury will fund maintenance work on ORML and Chopsticks public goods. A proposal suggests tipping CertainLach, who has contributed to ORML for the past year, as their work was not covered by the previous proposal.

Tip for maintenance of the ORML pallets

EasyA is planning a 6-month educational campaign called "180 Days of Polkadot" to teach developers about Polkadot and its parachains/projects. They will work with many supporters, including Acala, Astar, Bifrost, and more. The campaign will have online lessons and two in-person hackathons at Harvard University and in London. The goal is to help 48,000 developers learn and have 500 people attend the hackathons. They want to create 100 new projects and get 10 million people to see their posts on social media. EasyA's co-founders, Phil and Dom, and the team made this plan by listening to the Polkadot community and working together.

EasyA proposes a 6-month Polkadot educational campaign in the EasyA app, two in-person hackathons at Harvard University and London, and crash courses for Polkadot. The proposal is supported by 13 Polkadot parachains and ecosystem projects. The requested allocation is USD $370,000, and the target timeline is from February to July 2024. The target metrics include 48,000 developers starting the crash course, 40,000 developers completing it, 500 in-person hackathon attendees, 8 participating Polkadot parachains/projects, 100 hackathon projects, and 10M+ social media impressions.

Milestone 1: EasyA x Polkadot Developer Growth via In-Person Hackathons and Crash Courses (#180DaysOfPolkadot)

Steve from Swissborg, a Swiss-based exchange, has proposed a one-month Polkadot awareness campaign. They are requesting 30,000 DOT, with 12,500-15,000 DOT to be used as rewards for users who buy and hold DOT on their exchange. The goal is to increase Polkadot awareness and bring new users into the ecosystem. Swissborg has 750k users, with only 16k holding DOT. They aim to grow the holder base 3-4 times the current number and eventually have 15-20% of app users hold Polkadot. They have run similar campaigns with other projects, like Ternoa ($CAPS). Swissborg is a crypto wealth management platform that operates in 115 countries, has over 750,000 users, and lists over 45 cryptocurrencies.

Swissborg proposes a one-month awareness campaign for Polkadot, using 12,500-15,000 DOT as rewards to incentivize users who buy and hold DOT on their exchange. They aim to increase their holder base to 3-4x the current number and grow their app user base. Swissborg is a crypto wealth management platform with over 750k KYC'd app users holding +$800M in AUM.

Swissborg Proposal - A One Month Polkadot Awareness Campaign 

- Zeitgeist has a new idea to help Polkadot make better decisions.
- They want to use something called combinatorial prediction markets.
- This will make it easier for everyone to take part in decisions.
- The idea was created with help from important people in the community.
- They invited everyone to share their thoughts about the proposal.
- You can check out the full proposal by clicking the link provided.
- David Perry from the Zeitgeist Team thanked everyone for their support.

WHO: Zeitgeist team and key contributors from the ecosystem. 

WHAT: Proposal to integrate combinatorial prediction markets into Polkadot's governance to improve decision-making processes. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Treasury Proposal: Futarchy, a New Signal Generating Tech for Polkadot Governance

Electrocoin, a cryptocurrency brokerage and payment processing company, has proposed a new remittance platform called LiteSend. LiteSend aims to use blockchain technology to make international money transfers more efficient, secure, and cost-effective. The platform is currently in silent production and is accessible via a user-friendly website. Funds raised will be used to integrate stablecoin transactions, fund marketing campaigns, and expand the network of partner institutions.

LiteSend works by assigning a bank account number from a partner institution in the sender's region, converting the amount into a stablecoin on Polkadot's AssetHub chain, and then transferring it to a corresponding partner in the recipient's area. The main goal is to simplify and accelerate the remittance process while ensuring lower transaction fees and enhanced security.

Electrocoin was founded in 2014 and has become one of the most successful crypto companies in the region, enabling fast, easy, and secure cryptocurrency trading within the European Union. The company has a team of 30 members and has been recognized for its growth and innovation in the business community.

The problem statement highlights the slow and expensive nature of traditional remittance services, with international transfers taking 1 to 5 working days and an average cost of 6.18%. LiteSend proposes to use blockchain technology to speed up, secure, and decrease the cost of the remittance process.

The development tasks and budget for LiteSend include researching Polkadot's architecture, integration, and polishing the user interface. The marketing strategy focuses on partner acquisition and user acquisition through various channels such as events, online media, social media, and direct marketing. The total budget for development, marketing, and acquiring partner institutions is $195,000, equivalent to 28,761 DOT tokens.

LiteSend - remittance service secured by Polkadot

Polkadot Decoded Asia is a big event happening on September 16-17, 2024, in Singapore. It is a part of the Singapore Token 2049 week. The event is for people who are interested in Polkadot, a big network for blockchain projects. It will have many activities like talks, exhibitions, and fun gatherings. The event will be in Chinese and English and will share the latest news about Polkadot.

The main goals of the event are to bring people together, show successful projects, and update everyone on the latest developments in Polkadot. It will also help grow the community and make people more excited about Polkadot.

The event is free for everyone who wants to join. They will need to register with their name and contact information. There will also be special NFTs given out as proof of attendance.

The event will be organized by Aitijia'er, a company in Asia that has organized big Polkadot events before. They will spend money on things like the venue, food, marketing, and other event needs. They are asking for $328,053.04 (54,121 DOT) to help pay for the event.

After the event, they will share a report with details about how many people attended, how many talks there were, and other important information. This will help them improve future events.

Proposal: 2024 Polkadot Decoded Asia (Singapore) September 16 -17 (During the Singapore Token 2049 week)

- 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

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.

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

Polkadot is planning to add native storage to its network, using only DOT as the native token. This will allow anyone in the ecosystem to store and retrieve data through XCM. The idea is inspired by Gavin's vision of building a Ubiquitous Supercomputer. This storage offering will be similar to Filecoin and will help Polkadot become more like a supercomputer.

The native storage will be a system parachain, with DOT as the fee token. This is important because it will keep Polkadot independent from other networks and tokens. Compared to other storage networks like Crust, Polkadot's native storage will be provided by its own storage providers, not a subset of another network. Also, there will be no new token created for this project, so DOT will be the only fee payment token.

The team behind this proposal has experience in bringing MoveVM to Substrate and maintaining IPFS in Rust. They have also done extensive research on how to create this native storage. The goal is to make the system open source and decentralized, so anyone can propose improvements and maintain it.

Eiger proposes to add native storage offering to Polkadot, using DOT exclusively as the native token, as a system parachain, for the supercomputer vision, with open-source and open-license, avoiding dependence on other networks or tokens. They have extensive research and experience in Rust and MoveVM. Read their full proposal for more details.

Implementing a Polkadot-native system parachain for data storage: Phase 1/3

Project Glove is a proposal to increase participation in Polkadot's OpenGov governance system by addressing two main issues: the need for near-term liquidity of DOT and the fear of being "doxxed" from public voting behavior. The project aims to introduce an opt-in, open-source protocol that enables capital efficiency and pseudo-anonymity on top of OpenGov. If Referenda 450 passes, Project Glove will first be deployed on Kusama. The project's deliverables will be deployed under an AGPL license, and the team behind it is committed to developing long-term business relationships within the Polkadot community. Project Glove does not propose any changes to the core Polkadot Network but instead offers a protocol on top of the existing OpenGov system. The project's path to sustainability lies in increasing OpenGov participation, which will lead to more business opportunities for Address Labs.

Project Glove: Introducing Capital Efficiency and Pseudo-Anonymity on top of OpenGov

Mimir is a project that won 1st place in the 2023 Polkadot Asia Summer Hackathon Application Track and 2nd place in the 2023 Polkadot Winter Hackathon Ecosystem Developer Tools Track. They are seeking financial support for their development efforts through a treasury proposal. Mimir is an enterprise-level Multisig in the Polkadot Ecosystem that aims to simplify interactions with complex accounts like Multisig, Nested Multisig, and Proxy. It supports various account types, including Extension Accounts, Multisig Accounts, and Advanced Accounts like Nested Multisig Accounts. Mimir also provides transaction management functions, integration with apps, and asset management features. The project is requesting a payment of 21,670 DOT (approximately $154,445 USD) to cover their development costs.

Retroactive Funding for Mimir - A Powerful Multisig Management Application For Polkadot Ecosystem

**Proposal Summary:**

- **Proponent:** Batman (Polkadot)
- **Date:** Submitted on 12 Feb 2024, expected timeline March-September 2024
- **Requested DOT:** 20,000 DOT ($141,000)
- **Purpose:** Fund the development of local coding environments for Dot Code School
- **Goal:** Improve the learning experience for new Polkadot SDK developers
- **Features:** Custom Git server with chapter-specific test suites
- **Previous Proposal:** Follow-up to Referenda #364
- **Details:** Full proposal available [here](https://docs.google.com/document/d/1rCS6hI7o6xne0xS3nxHNDuNal3GDfhFYJIlZPibnj_c/edit)

**WHO:** Batman, Polkadot.

**WHAT:** Fund the development costs of integrating local coding environments to Dot Code School, implementing a custom Git server with chapter-specific test suites.

**PRICE/TIMEFRAME/RESOURCES:** 20,000 DOT ($141,000 @ $7.05) requested, expected timeline March-September 2024. For more details, see the full proposal [here](https://docs.google.com/document/d/1rCS6hI7o6xne0xS3nxHNDuNal3GDfhFYJIlZPibnj_c/edit).

Funding Development Costs to Expand Dot Code School – Bridging the Gap Between Online Learning and Real-World Web3 Development with Local Coding Environments

### Proposal Summary

- **Purpose**: Request to top up the moderation team bounty for Polkadot Moderators.
- **Current Funding**: 3653 DOT (about $24,800) in the bounty account.
- **Team Size**: 13 members actively involved in the Polkadot ecosystem.
- **Requested Top-Up**: $224,640 (32,528.24 DOT) for one year.
- **Previous Funding**: Covered August 2023 to January 2024.
- **Details**: Includes changes since last top-up, server analytics, and spend breakdown.
- **Discussion Period**: Open for 12 days.
- **Links**: Full proposal and previous spend data available in linked documents.

Polkadot proposes to top up the moderation team bounty with USD 224,640 (32,528.24 DOT) for one year to incentivize authorized Polkadot Moderators for their contribution and support to the communities. The proposal document provides details of the spends and analytics of servers and channels under their moderation umbrella.

Polkadot Moderation Team Bounty Top-up

Polkadot-API is a project that aims to improve upon PolkadotJs. It is a set of libraries that helps developers create decentralized applications. The team is looking for funding to maintain and develop the project. They are asking for feedback on their proposal before submitting it. The proposal details can be found in a Google document. The team consists of Victor and Josep. The project's GitHub repository is currently under the "paritytech" organization but will be moved to the "polkadot-api" organization soon.

WHO: Polkadot-API development team

WHAT: Seeking financing for the maintenance and development of Polkadot-API through treasury proposals.

PRICE/TIMEFRAME/RESOURCES: Details not provided.

Polkadot-API: development financing

### Redot

1. **Project Overview**: Redot is a re-staking layer for Polkadot, designed to bring Polkadot's technology to other ecosystems like Bitcoin and Ethereum.
2. **Purpose**: It aims to use Polkadot as a Data Availability (DA) layer and operate an adapted Polkadot on Bitcoin.
3. **Features**: Redot allows validators to run light clients, supports various DA networks, and approximates the security level of Polkadot.
4. **Milestones**: The project is divided into three milestones, with the first one currently being applied for.
5. **Funding**: The total budget for the first milestone is $45,200, with an estimated delivery time of 10 to 12 weeks.
6. **Benefits**: Redot can enhance Polkadot's security and expand its use cases beyond parachains.
7. **Current Status**: The project has completed a Proof of Concept (PoC) and is working on the first milestone, which includes developing various modules and documentation.

WHO: ZeroDAO

WHAT: Developing Redot, a re-staking layer for Polkadot, to bring Polkadot tech stack to other ecosystems, allowing developers to use Polkadot, and operate an adapted Polkadot as a relay chain on Bitcoin and use the native Polkadot as a Data Availability (DA) layer.

PRICE: $45,200 for the 1st milestone, total budget $117,600.

TIMEFRAME: 10 to 12 weeks for the 1st milestone, estimated delivery 7 months for all milestones.

RESOURCES: 2 FTEs, hourly rate $80.

Treasury Proposals