GM Future Polkadot Ambassador Fellowship is a new program focused on supporting Polkadot. Here are some key points:

- The program will start an Advisory Board with 13 members that will help make decisions.
- The members include leaders from different tech companies and experts in blockchain.
- The program aims to secure 640,000 USDT for the first four months.
- This money will be used for important operational needs and support new projects.
- They will distribute funds carefully, with most decisions made by the Advisory Board.
- This phase of the program is meant to learn and improve for the future.

Polkadot Ambassador Fellowship: Initial Funding Request and Validation of the Advisory Board

OpenZeppelin has made progress to help build secure parachains on Polkadot. Here are the main points:

- They launched a new template for developers to use Solidity smart contracts.
- They created a guide to help move Solidity contracts from Ethereum to their new template.
- They worked with R0gue to make using their templates easier with Pop CLI.
- They added account features and pre-built contracts.

In their new proposal, they want funding for:

- Making "meta pallets" to simplify project development.
- Connecting their templates to Tanssi for quicker launches.
- Improving local chain testing with the Zombienet-sdk.
- Adding support for Snowbridge, a bridge between Polkadot and Ethereum.
- More guides for the new features.

They want to keep everyone informed and get feedback to make the Polkadot network better.

OpenZeppelin x Polkadot Ecosystem Growth Phase M4

- Subcoin is a project that represents a way to download Bitcoin data quickly using a technology called Substrate.
- There was a problem with memory when trying to import large amounts of Bitcoin data, which caused some errors.
- The project developers found out that the system tried to handle too much information at once, leading to these issues.
- They are working on solutions to improve the system, including fixing memory problems and allowing partial downloads.
- These improvements will help not just Subcoin, but also other projects like Polkadot and Astar work better.
- The team has made some progress in fixing bugs and is looking for funding to continue their work.

Treasury Proposal: Funding for Enhancing Substrate Fast Sync for Large Chain States

Apillon is a platform that helps people build and use Web3 technology on Polkadot. Here are some key points about their Milestone 3 proposal:

- The project leader is Matjaž Sobočan, and the proposal needs $809,600.
- It will work on new services and improve existing ones, like making tools easier for developers.
- They plan to include tools for creating online databases and secure storage.
- Apillon wants to make using Polkadot easier with ready-made templates and user-friendly designs.
- They’re committed to improving security and getting feedback from users to enhance their services.
- They will focus on partnerships with other technology companies for better integration.
- The Salesforce integration will be discussed in a separate proposal later.

Apillon Milestone 3 Proposal: Core Integrations and Service Enhancements for Polkadot Ecosystem Growth

- A request for $4,533.88 is made to cover travel and stay costs for attending the WebSummit in Lisbon from November 11-14.
- The event is very big, with over 70,000 people and 3,000 startups attending.
- The meeting aims to see if Web2 companies want to use blockchain to solve their problems.
- Polkadot hopes to help these businesses with their needs.
- At the event, they found interest from 2 government organizations and 2 IT companies in working with Polkadot.
- The request is based on an earlier discussion from October 10.

Web Summit: Targeting Web2 companies to explore Polkadot's solutions to solve their problems. 

- ArtemisAnalytics is a trusted data provider used by big investors in crypto.
- They want to spend $200,000 to help build tools for Polkadot, a crypto project.
- The funds will be used to integrate Parachains into Artemis's products and create custom project pages.
- Sharing important data will help investors understand Polkadot better, especially with Polkadot 2.0 coming soon.
- This project aims to educate investors about the Polkadot ecosystem and its many parachains.
- The total integration process is estimated to take about 60 days, or 2.5 to 3 months.

Artemis Analytics proposes to spend $200k to integrate Polkadot Parachains into their product and build Custom Project Analytics pages for 10 parachains. This will help educate investors on important KPIs for the Polkadot ecosystem. The estimated integration timeline is 2.5-3 months.

Artemis Analytics Integration: Integrate Polkadot and Polkadot Ecosystem Data Into Artemis, The Most Used Crypto Analytics Platform by US Institutional Investors

KodaDot is a leading NFT marketplace on Polkadot that has achieved a lot, such as over 40 successful art drops and nearly 9,000 NFT mints. They need funding to keep growing and improve their services.

Key points include:
- KodaDot wants to support secure trading of NFTs using a method called atomic swaps.
- They plan to create an offers system where users can bid on NFTs.
- They need to enhance their infrastructure to handle more users and provide better services.
- The project will cost $280,000 and be done in focused parts over a year.
- Maintaining the platform is important to ensure it continues to work well for everyone. 

This funding helps keep KodaDot working well for all users in the Polkadot community.

Infrastructure Funding for Polkadot Asset Hub #3 - Atomic swaps, Offers, Maintenance

- Talisman Wallet is a special tool that helps people manage their digital money in the Polkadot ecosystem.
- The team is asking for $690,600 to maintain and improve the wallet from October 2023 to September 2024.
- Talisman Wallet has around 130,000 users and has helped people earn over 8 million DOT, which is a type of digital currency.
- It features easy-to-use design for beginners while also offering tools for more experienced users.
- Talisman also has a web application called Talisman Portal, which helps users do many things like checking their tokens and participating in activities.
- The team has a strong background in technology and aims to make using Polkadot easier and safer for everyone. 
- They are open to suggestions and encourage users to share their ideas for improving the wallet experience.

Talisman requests $690,600 USDT on Polkadot Asset Hub for feature development, UX improvement, and QA testing for Talisman Wallet and Portal over Oct 2023 - Sep 2024. The proposal covers in-wallet staking, Ledger support, foreign assets support, cross-chain swaps, and ongoing UX/UI and performance improvements. All features have been released and integrated into Talisman's open-source wallet and web application.

Talisman Wallet and Portal Retroactive Funding

- A group in Mexico, including six people, is promoting Polkadot in Web3 communities.
- They are hosting events to connect with developers and tech fans.
- In 2024, they attended different tech events to grow the Polkadot community.
- They are asking for $12,000 to support their team's work and community growth.
- The money will be shared among the members for their efforts.
- They are dedicated to expanding Polkadot professionally and effectively in Mexico.

TIP for the activities made by the Polkadot Mexican Collective

- A documentary about blockchain gaming has been completed to help game developers understand its benefits and challenges.
- The creator worked on it for 2.5 months and self-funded all costs.
- The documentary offers an honest view, discussing both the good and bad about blockchain without overwhelming technical details.
- It's aimed at game developers who are curious but skeptical about blockchain technology.
- If funded, it would receive support for promotion from various partners like Dot Play and The Kusamarian.
- The total funding request is $32,500, which covers work done, travel expenses, and final edits.
- Interviews feature both industry experts and regular people to present diverse perspectives.
- The aim is to help developers make informed decisions and potentially adopt blockchain in their games.

Publishing and promoting the documentary, “Blockchain Gaming,” by the Polkadot community.

- A proposal is asking for 50,000 USDT to help Polkadot work with the Florida Blockchain Business Association (FBBA) at a big level.
- The goal is to make Polkadot better known in the U.S. and connect with important people in business and government.
- Florida has a large population of about 22.95 million people and a strong economy.
- Florida is the third-largest state by population and the fourth largest economy in the U.S.
- The proposal is led by Angela Dalton and aims to learn from previous efforts to improve Polkadot's presence.
- There will be a discussion for two weeks where the community can give feedback before the final submission.
- A link to the draft proposal is available for everyone to read and review.

WHO: FBBA account 131S1zdnMfhF1hB4sWornxLvX5SY3c8GhtFPPePUTvhphQRM on behalf of Polkadot
WHAT: Requesting 50,000 USDT to sponsor Polkadot's involvement with the Florida Blockchain Business Association at the Enterprise level to enhance Polkadot's presence in the US, leveraging connections with blockchain policy advocates, businesses, and government officials to foster growth, improve regulatory engagement, and explore new integrations.
PRICE/TIMEFRAME/RESOURCES: 50,000 USDT, referendum submission after two weeks of pre-proposal discussion.

Florida Blockchain Business Association (FBBA) Sponsorship to Improve Polkadot’s Presence In the U.S.

- Polkadot’s social media accounts are managed by a group called the Editorial Board (EB), which has five members.
- They help create content and ensure the brand message is consistent.
- The EB is funded with money to pay each member 2,500 USDT per month for six months.
- The money will be controlled by a special multisig account to ensure safety.
- The EB aims to increase engagement and reach for Polkadot's social media.
- The first EB was successful, leading to more followers and interaction on social media.
- Applications for the second EB were collected and interviews were held to choose the best members.

TLDR;
The management of Polkadot&rsquo;s social media accounts is decentralized. Multiple entities contribute content, including <a href="https://x.com/et90266">ET90266</a>, the Polkadot Social Media Editorial Board (EB), and Distractive. The EB has five members. This proposal is to fund their salary for their 6 month term (September 15th - March 15th). Each of the five members will receive 2,500 USDT per month.
Background
<ul>
<li>Polkadot&rsquo;s social media accounts are legally owned by Web3 Foundation. The Foundation has entrusted ET90266 to manage the accounts and delegate access to them.Announcement from W3F <a href="https://medium.com/@web3/decentralized-futures-meet-evan-thomas-253a65327f96">here</a>.</li>
<li>EB Announcement on 𝕏: <a href="https://twitter.com/Polkadot/status/1767188772595081305">https://twitter.com/Polkadot/status/1767188772595081305</a></li>
<li>ET90266 works closely with the EB and Distractive for content creation and to ensure message/brand alignment.</li>
<li>For a detailed overview of the Social Media Editorial Board (EB) concept, <a href="https://forum.polkadot.network/t/decentralized-social-media/5192">see this forum post</a>.</li>
</ul>
Should this be funded by the Marketing Bounty?
<ul>
<li>A proposal to refund the Marketing Bounty recently passed. However the Marketing Bounty is not yet accepting proposals, and will not begin making payouts until December at the earliest.</li>
<li>In the future, the community may enact a Wish-for-Change stating that all marketing-related proposals go through the Marketing Bounty. In that case, a proposal like this may go through the Marketing Bounty if the community feels that is the appropriate channel.</li>
<li>By going directly through OpenGov, the Editorial Board answers to the community and not the curators of a bounty.</li>
</ul>
The First Editorial Board
The first EB ran from March 15th, 2024 - September 15th, 2024. During that time, Polkadot&rsquo;s account saw impressive growth in reach and engagement.
<ul>
<li><a href="https://x.com/ET90266/status/1781316866322886963">First Report</a></li>
<li><a href="https://x.com/ET90266/status/1808453368437719281">Second Report</a></li>
<li><a href="https://x.com/ET90266/status/1849472209657508098">Third Report</a></li>
</ul>
<img src="https://i.ibb.co/543d6R0/Screenshot-2024-10-24-at-16-48-15.png" alt="" width="640" height="431" />
<img src="https://i.ibb.co/5By0xmK/Screenshot-2024-10-24-at-17-02-15.png" alt="" width="640" height="429" />
<img src="https://i.ibb.co/j6n75v1/Screenshot-2024-10-24-at-17-02-25.png" alt="" width="640" height="430" />
Editorial Board Selection Process
<ul>
<li>The application period for the second EB was announced at the end of August (near the end of the 6-month term for the first EB.)</li>
<li><a href="https://forum.polkadot.network/t/social-media-editorial-board-applications-open/9827">Application Announcement on the Polkadot Forum</a></li>
<li>ET90266 then interviewed the majority of applicants, and had follow up interviews with the finalists, before selecting the final five members.</li>
</ul>
Members of the Second Editorial Board
The EB is composed of all-stars from the community. Their collective backgrounds are in business development, content creation, social media, copywriting, marketing and other areas of expertise within Web3.
🇵🇱 Emil (<a href="https://x.com/EmilKietzman)">https://x.com/EmilKietzman)</a> Content Conjurer &amp; Threader Extraordinaire
🇬🇧 Esther (<a href="https://x.com/estherjade1)">https://x.com/estherjade1)</a> Wordsmith Wizard @ Unique
🇨🇭Flavio (<a href="https://x.com/Flavio_leMec)">https://x.com/Flavio_leMec)</a> Maestro of Marketing and Brand Builder at Polimec
🇹🇷Goku (<a href="https://x.com/0xgoku_)">https://x.com/0xgoku_)</a> Master of Engagement, the Shareability Shaman
🇺🇸 Irvin (<a href="https://x.com/irvinxyz)">https://x.com/irvinxyz)</a> CT OG and Polkahaus provocateur
Their mandate is to work with the community to increase the engagement and reach of Polkadot&rsquo;s social media accounts.
Funding
<ul>
<li>The funds will be paid to a 4/6 multisig controlled by all 5 members + ET90266.</li>
<li>The funds will then be distributed to 5 EB members in 3 tranches over the next 6 months to ensure all members are contributing.&nbsp;</li>
<li>ET90266 will not be compensated from this proposal.</li>
</ul>
<a href="https://docs.google.com/document/d/1_pgcZCqaXSJDw98PpUE2ndhVAtGkfoWMnrAhbMwfCWA/edit?usp=sharing">Full Proposal</a> *edited October 28 @ 21:00 UTC to include mention of marketing bounty.

Continued Management of Polkadot’s 𝕏 Account

- A person wants to get recognized for their work on making Bounties information easier to find for everyone in the Polkadot community.
- They created a dashboard on Dune to help track Bounty data better.
- They also made a landing page and opened a profile on X for sharing updates and news.
- They believe OpenGov is the best way to reward their work since it helps the whole community.
- This isn't just marketing; it's about continuous improvement and transparency.
- They want to help newcomers learn about Bounties and avoid repeating ideas.
- They are asking for 1250 USDT to support their efforts.

Tip Request for Work Related to Bounties on Polkadot

### Subsquare Proposal Summary

- **Objective**: Retroactive funding for 12 months (2023.10.01 - 2024.09.30) of maintenance and feature development in the Polkadot ecosystem.
- **Infrastructure Costs**: Includes servers, domains, email services, IPFS, and OpenAI, totaling $1,845.1.
- **Maintenance**: Daily server monitoring, code refactoring, bug fixes, user support, and collaboration with other teams.
- **Development Highlights**:
  - **Referendum Enhancements**: Detailed statistics, vote status, call view improvements, and stable coin support.
  - **Track Status Page**: Visualization of referenda queues and their status.
  - **Preimages Management**: Features for creating, filtering, and managing preimages.
  - **Account and Profile Enhancements**: Deposit management, delegation status, and history tracking.
  - **Treasury and Asset Support**: Features for managing treasury spends and assets.
  - **Bounty Enhancements**: Features for curators, child bounties, and claiming bounties.
- **Development Cost**: Estimated at $338,400 for 3,760 hours of work.
- **Total Cost**: $469,845.1, including infrastructure, maintenance, and development.
- **User Statistics**: Approximately 175K monthly unique visitors and 10K daily unique visitors.
- **Future Plans**: Expanding features like identity management, discussion data decentralization, and research on quadratic funding.

WHO: Subsquare

WHAT: Seeks retroactive funding for the past 12 months maintenance and common features development for the Polkadot ecosystem, including server deployment maintenance, codebase maintenance, and enhancements to referendum detail page, referenda track status page, new referenda and templates, preimages management, account and profile page, treasury spends and multi-assets treasury support, asset hub basic features, and bounty enhancement.

PRICE: $469,845.1

TIMEFRAME: 12 months (2023.10.01 - 2024.09.30)

RESOURCES: 15 FTE equivalent work per month.

[Retroactive] Subsquare 12 months maintenance and common features development

Treasury Proposal for Dotmemo

- Dotmemo is a free platform on Polkadot that helps people create and keep track of digital memories from events.
- It allows users to prove they attended events using special digital tokens called POAPs.
- Before Dotmemo, people had a hard time managing attendance records for events in the Polkadot community.
- The proposal aims to get $42,000 to improve Dotmemo's services and support its maintenance.
- They want to build new tools to make it easier for users to claim and create POAPs.
- So far, more than 3,000 memories have been created, and over 10 unique events have been supported.
- The team has worked with universities and major events to improve community engagement.

WHO: Damsky, Founder of dotmemo.xyz
WHAT: Secure retroactive funding of $42,000 in USDT for the development and deployment of dotmemo, a Polkadot-native dApp for creating and collecting digital memories of events.
TIMEFRAME: Not specified
RESOURCES: Indexer Development, Backend Development, Frontend - Landing Page, Frontend - Claim and Create Pages, Maintenance (6 months)

Retroactive Funding for Dotmemo - Onchain Event Memories for Polkadot

BuildOnDot is a website that helps developers and businesses find ideas to work on in Polkadot. The community likes it, so the creator wants to keep it running until November 2025. They are asking for some money to pay for costs like hosting and the website's domain.

Here are the main points:

- BuildOnDot helps share ideas for Polkadot.
- The community thinks it's a good platform.
- They need support to cover costs until November 2025.
- Hosting costs $418.65 for a year.
- The domain costs $62.98 for three years.
- They also ask for a small tip of $18.37. 
- People can submit new ideas on the site or contact them for help.

BuildOnDot 1 Year Infrastructure Cost - Domain + Hosting

Goku is sharing his experiences and contributions in the Polkadot community over the past seven months. 

- He feels that it's important to see how his work is valued by Polkadot stakeholders.
- Goku focuses on creating content that is entertaining and easy for people outside of Polkadot to understand, covering key topics like economics and marketing.
- His content has been viewed over 2.4 million times and he has grown his follower count steadily.
- Some of his notable topics include Polkadot's blockspace and inflation, as well as responses to myths about Polkadot.
- He uses visuals to explain concepts and engages with the community on social media, often defending Polkadot against misinformation.
- Goku has not received compensation for his work and is currently seeking tips for his contributions.
- He requested a $15,000 tip based on the impact he believes he has made in the community.

Goku, a Polkadot ecosystem agent, is requesting retroactive compensation for his content creation and engagement activities. He has not been compensated before and is requesting $15,000 in USDT for his contributions over the past 7 months. He highlights his content's reach and engagement and suggests that a partial vested DOT approach would be ideal for future compensation.

Retroactive Tip For Solo Content Creation-2

- Mandala Chain is a blockchain project built on Polkadot, focusing on Indonesia to help governments and businesses use blockchain technology.
- They want to spend $763,000 to bring more users to Polkadot by creating useful applications like digital identification and smart government services.
- Mandala Chain has worked hard over the last year to establish partnerships with important people and organizations in Indonesia.
- They participated in big events like the Bali Blockchain Summit to promote their work and gather support.
- The main goal is to onboard millions of new users onto the Polkadot platform by developing four key projects: IDCHAIN, DJOIN, West Java SmartGov, and UnBALIvable.
- Timely funding is crucial for this project to compete with other blockchain technologies in Indonesia. 
- Supporting Mandala Chain could help Polkadot grow and become more popular worldwide.

Mandala Chain requests 763,000 USDT for the urgent delivery of 4 government use cases to onboard millions onto Polkadot. The proposal aims to drive significant user adoption into the Polkadot ecosystem, opening the door for real-world use cases and accelerating Polkadot's growth across emerging markets. The timeframe is nine months, and the budget covers all costs for development, testing, user experience refinement, and public showcasing events. The proposal is critical to establish Polkadot as a global leader in the Web3 space and capture the next wave of users.

Delivery of 4 Government Use Cases to Onboard Millions onto Polkadot

- The Polkadot Community Foundation and Ledger are working together for a giveaway of 50 Ledger Flex devices.
- To enter the giveaway, people must follow both Polkadot and Ledger on social media, like the post, and leave a comment.
- The goal is to attract many new followers and spread excitement about the Polkadot and Ledger Flex device.
- The giveaway will happen over about three weeks, including a promotion period of two weeks.
- Winners will be randomly chosen and must meet all entry requirements to win.
- Participants do not need to buy anything to enter, and specific rules will be shared before the giveaway starts.

Polkadot Community Foundation and Ledger will partner to run a Ledger Flex giveaway (50pcs) on social media. The objective is to drive tens of thousands of crypto-enthusiasts to follow the @Polkadot and @Ledger 𝕏 Accounts, raise awareness and create excitement around Polkadot and the new Ledger Flex device, and give back to the community. The proposal requests 11,506 USDT for 52 Ledgers + up to 9,000 USDT for legal fees. The giveaway will be announced within three weeks of funds being distributed, and the promotion period will be two weeks from the announcement date. Winners will be randomly selected, and 50 vouchers will be distributed to 50 unique winners. The funds will be distributed to the Polkadot Cayman Foundation, and then converted to fiat for payment to Ledger.

Polkadot Community Foundation <> Ledger - Giveaway to Increase 𝕏 Followers

DaBlock is working to make information about the Polkadot ecosystem easy to find. Here are some important points:

- They created a website called dablock.com with over 600 useful links for people interested in Polkadot.
- They also have a directory with more than 1,000 items that people can use for reference.
- DaBlock helps creators and teams by providing quick access to information, saving them time.
- They are moving their website to a new open-source system to make it easier to manage.
- The website will have a new name, polkadotecosystem.com, to make it clearer what it's about.
- DaBlock plans to add support for multiple languages to make information available to more people.
- They are updating the website structure to improve user experience and prevent duplicate content.
- They are seeking financial support to continue their work in making Polkadot information more accessible.

DaBlock seeks support for proposal #1240 to expand their information portal for the Polkadot ecosystem. They request 8,400 USDC to complete tasks such as migrating to a Static Site Generator solution, introducing a multi-language version, restructuring the portal, and updating directories and content. The migration is expected to be completed between early and mid-November, with ongoing development and expansion planned in the following months.

Dablock: Open-Source Migration & Operations [October - January]

- A proposal is asking for 2,400 USDT to help Polkadot join the Alan B. Levan Center of Innovation.
- This membership will allow Polkadot to have a physical space in South Florida for business meetings and events.
- The goal is to connect with businesses and organizations to grow and increase awareness about Polkadot.
- The proposal mentions that Florida has a large population and a strong economy, making it a good place for Polkadot to expand.
- Polkadot plans to host events like MeetUps and Hackathons at this location.
- The proposal was made by James Slusser and is open for community feedback before a vote.

WHO: James Slusser, on behalf of Polkadot
WHAT: Requesting 2,400 USDT to sponsor Polkadot's 6-month membership to the Alan B. Levan | NSU Broward Center of Innovation at the Reserved Desk level, providing Polkadot with access to a physical space in South Florida for Business Development meetings, MeetUps, and Networking with other member organizations.
PRICE/TIMEFRAME/RESOURCES: 2,400 USDT for 6-month membership.

Alan B. Levan | NSU Broward Center of Innovation Membership

Submerge.io is a new platform for the Polkadot ecosystem that helps developers and users with data analysis and compliance. Here are some key points:

- It is an open-source project aimed at enhancing data access and analytics for blockchain users.
- The platform addresses the limited options for blockchain data analysis and compliance tools in Polkadot.
- Submerge will help track suspicious activities and meet legal compliance needs.
- The first phase of the project will cost $180,000 and take about three months to complete.
- The team behind Submerge has previously created successful projects for Polkadot. 
- They will deliver features like an indexer, data analysis tools, and a notification system.
- Submerge aims to provide better security and transparency for users in the ecosystem.
- It will offer basic features for free, while additional premium features will be available for users who hold more DOT tokens.

WHO: HELIKON
WHAT: Open-source Indexer, Analysis, KYT, and AML Compliance Platform for the Polkadot Ecosystem
PRICE/TIMEFRAME: $180,000 USDT for Milestone 1 (3 months)

submerge.io: Open-Source Indexer, Analysis, KYT, and AML Compliance Platform for the Polkadot Ecosystem

- The **@noble/curves** package is a JavaScript library that helps keep data safe using special math called elliptic curve cryptography.
- It is designed to be easy to use and very secure, making it a good choice for things like messaging and digital signatures.
- Paul Miller developed this package and is well-known in the web3 community for his work on other cryptographic tools.
- The Polkadot ecosystem needs a new JavaScript package for something called **sr25519**, which is currently missing, making it harder for developers.
- Using **@noble/curves** would make it simpler for developers to handle large numbers and improve security for everyone.
- The Edgetributor SubDAO is helping with the project, which includes paying for its development and audits while ensuring Paul benefits from the work.
- They plan to spend about $20,000 for the development, which might take two weeks.

WHO: Paul Miller, Edgetributor SubDAO
WHAT: Develop and audit a pure JavaScript/TypeScript implementation of the sr25519 curve for the Polkadot ecosystem using @noble/curves package. 
PRICE/TIMEFRAME/RESOURCES: $18,000 for development, 1-2 weeks; audit cost not specified, but to be done by Cure53 or another auditing firm. Payment through Github Sponsorships using prepaid Visa/Mastercard cards.

Development of @noble/curves/sr25519 package by Paul Miller and audit sponsorship (1/2)

- The Polkadot Music Events Initiative (PMEI) wants to bring a company called Billfold into the Polkadot network, asking for $1.133 million to do this.
- This money will help cover costs for integrating Billfold, which helps sell items at events using simpler payment methods.
- By working with Billfold, they hope to add over 3 million new users to Polkadot and have a lot of transactions every year.
- PMEI's plan is to make it easier for music and event companies to use blockchain technology to improve their services.
- Billfold is already successful, handling over $150 million in transactions each year.
- The project aims to complete user onboarding in 3 months and full integration in about 8 months.
- This partnership is expected to make Polkadot grow and become more popular in the music industry.

PMEI proposes to onboard Billfold to Polkadot for $1.133M, covering contract terms, marketing, and legal expenses. The deal will bring 3M+ users to Polkadot and drive billions of dollars in transactions. The proposal covers the cost to integrate and market onboarding 3 million active user accounts via Polkadot custodial wallets, streamlining crypto-native payments, and loyalty reward tools for brands, venues, and artists. The initial user onboarding will be completed within a 3-month timeline from when the deal finalizes, and the full scope of this integration is expected to be completed within an eight-month timeframe.

Growing the Music Vertical on Polkadot: Onboarding Billfold

- WagMedia is a media hub that encourages storytellers in the Polkadot community since 2021.
- They support content creators to help share ideas and products better.
- In 5 months, they published a weekly newsletter with 26 issues and opened 41 content bounties.
- WagMedia rewards impactful content with cash bonuses, averaging around $104 per post.
- They keep all content organized on their website and promote it through social media.
- WagMedia helps new creators grow and become important figures in their community.
- They aim to make their website easier to use and continue supporting the Polkadot ecosystem.
- Challenges include fewer new creators joining the community, but they keep rewarding great content.

WagMedia proposes to continue nurturing and incentivizing content creators within the Polkadot ecosystem through weekly newsletters, content bounties, retroactive rewards, and a website. The one-year budget request is $1,500,000 for upgrading the website, sustaining growth on X, and continuing existing services. The main challenge is the stagnation in the number of new creators approaching Polkadot.

Treasury Spends