- The Polkadot Blockchain Academy (PBA) is planning new programs called PBA6 and PBA-X to train more people.
- PBA has already helped over 400 developers and entrepreneurs learn about Polkadot in the past 2 years.
- The goal is to help thousands of new learners and offer different types of educational content.
- The proposal asks for funding for a 6-month plan to support this new training.
- A new online program, PBA-X, will start with its first group in January 2025.
- There will be two tracks: one for DApps and another for Protocol.
- PBA aims to work with universities to share its content and support former students in their careers.

Polkadot Blockchain Academy proposes to create and execute PBA6 and PBA-X, an online version of PBA, to educate thousands of potential contributors to the ecosystem. The proposal requests funding for a 6-month activity to deliver an advanced in-person cohort, a scalable online program, a new DApps track, a written syllabus, university partnerships, and continuous learning initiatives for alumni. The first cohort of PBA-X is planned for January 2025. Details in the proposal linked below.

Polkadot Blockchain Academy; PBA-X production and launch, Wave 6 production and execution. September 2024 to the end of March 2025.

- Centrifuge is changing its plan to use $1.5 million instead of $3 million for a project involving real-world assets.
- They want to ensure the community is comfortable with their expenses and can still get funds if needed.
- The goal is to help the Polkadot Treasury earn money and support investments that benefit everyone.
- The USDC funds would be used in a safe investment, U.S. Treasury Bills, which have low risk and provide steady returns.
- This investment plan will help Polkadot grow by bringing in more money and resources.
- Centrifuge has a good history with Polkadot, having launched in 2021 and successfully raised funds for projects.
- They believe this is a significant step towards bringing real assets into the Polkadot network.
- The community is excited to share these developments at an important event in New York this October.

WHO: Polkadot Community Foundation on behalf of the DAO, Centrifuge
WHAT: Deploy 1.5M USDC into Centrifuge's T-Bill pool, Anemoy Liquid Treasury Fund, to earn stable yield, grow Polkadot TVL, diversify the treasury, bolster RWAs within Polkadot, and support Centrifuge
PRICE/TIMEFRAME/RESOURCES: 1.5M USDC immediately, no lock-up period, no added layer of risk for Centrifuge, fees for the fund are 15bps annually

*UPDATED* Proposal for the Polkadot Community to Earn RWA Yield on Idle Stablecoins via Centrifuge

- The discussion is about a treasury proposal for Cyborg Network, which is a project in the Polkadot blockchain.
- Cyborg Network aims to attract new users and businesses to the Polkadot ecosystem by creating tools for AI and enterprise applications.
- The project will introduce a platform to manage AI computing resources and will launch a special parachain called **Cyborg parachain**.
- They plan to support developers in creating and managing web2.5 applications.
- The team has won several hackathons and received grants, showing their expertise in the area.
- They are seeking **182,275 USDT** to help launch their project on the mainnet.
- Users will be able to use DOT tokens for services related to their new program, **JAM-Boost**, which helps manage low-latency nodes.
- The proposal will not involve a token swap, and the goal is to make the project beneficial for the entire ecosystem.

Cyborg Network plans to build a platform for managing AI compute resources and launch the Cyborg parachain as Polkadot's web2.5 hub. They are seeking 182,275 USDT to build and launch the parachain on mainnet. JAM-Boost will be offered as part of the IBP bounty program. The team has won several hackathons and delivered a W3F grant. They plan to use DOT token and Asset Hub stablecoins for all transactions related to JAM-Boost.

Cyborg Network: Unlocking the Web 2.5 potential of Polkadot with Blockchain powered Edge Computing

- B2B customers, like startups and large companies, are important for Web3 growth.
- Polkadot's technology is great for B2B uses, but it's not getting enough attention.
- The proposal focuses on improving B2B Marketing and Sales support for Polkadot.
- Research showed that current communication isn't working well for new B2B audiences.
- The project aims to create clear strategies to attract more businesses to Polkadot.
- It will involve mapping the market, selecting target segments, and enhancing value propositions.
- The total project will take about 14 weeks and cost $181,000.
- The team behind the project has significant experience in marketing and sales.

B2B Marketing & Sales Enablement For The Polkadot Ecosystem

WebZero is proposing a new version of the Sub0 developer conference for Polkadot. Here are the main ideas:

- The conference will last 3 days and include evening events, a day for Web3 educators, and a 72-hour hacker space.
- It focuses on grassroots hacker culture and aims to make entry easier by offering free tickets, food, and drinks.
- The venue will be designed for a creative experience with areas for networking, art displays, and cozy stages.
- They plan to be transparent with budgets and expenses so everyone knows how the money is spent.
- The goal is to gather over 400 attendees each day by partnering with universities and creating a special marketing campaign.
- The conference will include all Substrate projects, bringing together different communities.
- It will be located in Bangkok, just before the Devcon conference, to make it accessible and cost-effective.

Overall, the event aims to be fun, collaborative, and focused on developing the Web3 community.

WebZero proposes a reimagined Sub0 developer conference, with a focus on grassroots, Web3 hacker culture. The proposal includes a 3-day conference, evening events, a Web3 educators' day, and a 72-hour hacker space managed by WebZero's developer relations team. The requested amount is $437,560.00 USDC, and the proposal aims to bring together the top Substrate-based projects from across the ecosystem. The event will be held just before Devcon in Bangkok.

"sub0 RESET" @Devcon Bangkok - back to the roots

- Polkadot-API is a project that builds on PolkadotJs.
- It provides tools to help developers make decentralized applications (dApps).
- The project focuses on ensuring it's easy to use and "light-client first."
- The stable version 1.0.0 of Polkadot-API has been released.
- The team is looking for funding to continue developing the project.
- They want feedback on their funding proposal before submitting it.
- More details about the proposal can be found in a shared Google Doc.

WHO: Polkadot-API development team

WHAT: Seeking funding for ongoing maintenance and development through treasury proposals

PRICE/TIMEFRAME/RESOURCES: Details of the proposal can be found in the Google Doc provided.

Polkadot-API: Aug 2024 - Jan 2025 development financing

- There are two proposals mentioned: #812 and #948.
- Proposal #812 was completed successfully, and #948 is still in progress.
- The person is requesting a top-up of 37,314 USDT for these proposals.
- They created useful libraries and a developer console called "DOTConsole".
- Their work includes projects that help the Polkadot community.
- They plan to ask for future funds in stable amounts instead of DOT.
- The person is committed to improving the Polkadot ecosystem.

Polkadot OpenGov is requesting a top-up of 37,314 USDT for completed proposal #812 and ongoing proposal #948. The previous proposals requested DOT as stablecoins were not well-established at the time. The developer has created libraries and applications, and has contributed to various projects within the Polkadot ecosystem. The top-up request is for the completed work and ongoing efforts.

Top-up request for Reactive DOT and related works

- The proposal seeks to use 59 million $DED from the Polkadot Treasury for a marketing campaign targeting the Korean-speaking community.
- The campaign aims to increase international exposure for the $DED Project on Polkadot.
- It will be conducted through Naver Cafe, the largest social networking service in South Korea.
- The campaign is scheduled to run from August 17 to September 2, 2024, with an option to extend for an additional week at a discounted rate.
- The extension would coincide with Korea Blockchain Week (KBW) 2024, which takes place from September 2 to 7, 2024, in Seoul, South Korea.
- KBW is an annual global blockchain and web3 festival.

WHO: The proposal is made by an unknown individual or group.
WHAT: Use $59 million from the Polkadot Treasury to conduct a targeted marketing campaign for the Korean speaking community prior to Korea Blockchain Week (KBW) 2024 in Seoul, South Korea.
PRICE/TIMEFRAME/RESOURCES: The proposed marketing campaign will cost $59 million and will run from 17 August to 02 September 2024, with an option to extend for an additional week at a discounted rate during KBW if needed.

Proposal to use $DED to Conduct Targeted Marketing during KBW 2024

- The group is asking for extra money, **183.326 USDC**, for their project.
- They originally planned their budget based on the price of a token called DOT, which was $8.722.
- However, when they received their funds, the DOT price dropped to $6.707.
- This price drop meant they didn’t have enough money to complete the project as planned.
- Without more funds, the quality of their work might suffer.
- They believe that giving them this extra money will help keep the project on track.
- They appreciate any help and are open to discussions about this request.

WHO: The project team behind a previously funded proposal.

WHAT: Requesting a top-up of 183.326 USDC to cover losses incurred due to lower-than-expected DOT price and ensure the successful completion of their project.

PRICE/TIMEFRAME/RESOURCES: 183.326 USDC, no specific timeframe or resources mentioned.

Top-Up Request for Previously Funded Proposal #663

- The Dots Magazine is a fun project about Polkadot created by two fans in January 2024.
- They use humor to attract people to the Polkadot community.
- The team has gained a lot of attention with over 1,960 followers and millions of impressions.
- They are asking for $38,980 to continue their work for the next six months.
- The money will help pay salaries for their team, promote their content online, and buy tools they need for creating work.
- They want the funds because they are running low on money and need to fix budgeting issues from their first proposal.

**WHO:** The Dots Magazine, Mantra, and John Mental. **WHAT:** Requesting $38,980 USDT for 6 months of operational work to create Polkadot mememedia. **WHEN:** 15th August, 2024.

The Dots Magazine - 2nd proposal 

- A new Polkadot App was introduced at the Polkadot Decoded event in 2024.
- The app is designed to be user-friendly for people new to crypto.
- The Polkadot Community Foundation (PCF) wants the community to own the app's code.
- They are asking for community support to own the app’s source code, which will be open source.
- They need $50,000 to cover costs for legal and administrative work related to the app.
- This money will help set up accounts on Apple and Google stores and manage other needed services.
- The PCF aims to keep the app updated and easily accessible for everyone.

The Polkadot Community Foundation (PCF) proposes to gain community support to own the IP and source code of the Polkadot App, a beginner-friendly mobile wallet for newcomers to crypto and Polkadot. They seek funding of $50k to pay Walkers for legal and administrative fees to sign up, publish and review updates to the Polkadot App over time. The PCF will also administer these accounts to the maintainers.

Polkadot App - PCF IP Rights & Funding for publishing the app

- A proposal was made to compensate for work on smart contract research, but it had an error and needs to be voted on again.
- The research helps the Parity Smart Contract team find the best tools for a new Polkadot VM.
- Two people worked for three days on this project, totaling about $2,400.
- They are asking for $1,900 instead, believing the research is valuable for future developers.
- A full report of the research can be found online.
- The idea for this request came from a talk with someone from the Parity team who agrees it should be paid for.
- The researchers hope the community will appreciate their work and support the proposal.

The proposal requests compensation of 1900 USD for 2 people who spent 3 working days researching solidity smart contract tooling for Polkadot. The value generated is significant for Parity smart contract team and future Polkadot tooling. The full report can be found in the provided link. The proposal has been inspired by the discussion with Alex from Parity smart contract team.

(Already passed as 1072, but didn't execute) Solidity smart contract tooling - research for AssetHub/Plaza

- Someone said to give a tip about a problem.
- They looked into a project called "Polkadot."
- They talked to many people to see if anyone knew a person named Michiko.
- There was a worry that if they were wrong, it could hurt the reputation of the group.
- By checking everything, they helped stop a scammer from taking $10,000 every month.

Leemo proposes a tip for identifying a potential scammer in the Polkadot ecosystem, which prevented the Treasury from paying $10,000 per month. No specific WHO, WHAT, price, timeframe, or resources mentioned.

Tip for exposing Michiko Watanabe

- Integritee is a company that works with privacy technology on a special platform called a sidechain.
- They have made changes to their request for money after getting feedback.
- Integritee is asking for about 39,680 CHF (which is about 44,302.72 USD) for their project.
- They plan to repay this amount by sending back 30% of the money they earn from fees.
- Their technology is already working and can be tried out by anyone.
- The company’s leaders have given talks about why privacy is important in technology.
- They have made videos explaining their work and past proposals.

Integritee proposes a retroactive funding of 39,680 CHF (≃ 44,302.72 USD/USDT) as a soft-loan, to be repaid with 30% of gross fee revenue until the loan plus a one-off premium of 10% is paid back. This is for the development of their privacy sidechain technology on Paseo.

Incognitee: Privacy Sidechain on Paseo (Retroactive)

- The document is a guide to help choose the best Head Ambassador.
- It took 4 hours for 2 people to make the guide.
- They want to be paid $50 an hour for their work.
- The guide includes questions from the community about the candidates.
- It helps voters compare the candidates easily.
- The creators believe the guide is worth at least $200. 
- They are asking for support from DOT holders.

WHO: The authors of the standardized interview guide. 

WHAT: Requesting compensation for their time spent creating the document. 

PRICE/TIMEFRAME/RESOURCES: $50 per hour for 4 hours, totaling $200.

Creating a standardized interview for Head Ambassadors

- A proposal was made to get more money because the price of DOT dropped a lot.
- They originally asked for 167,214.5 DOTs, worth about $1,585,229.
- When they received the money, the value of DOT was less, so they only got about $1,107,026.
- This left them with a $478,202 deficit—they needed more money.
- They need this extra money to pay their vendors, staff, and teachers.
- They are requesting an additional 478,202.14 USDC.
- Any money they don’t use will be taken from future funding requests.

WHO: Polkadot Blockchain Academy
WHAT: Making a top-up request of 478,202.14USDC due to a $478,202.14 deficit caused by the drop in price of DOT.
PRICE/TIMEFRAME/RESOURCES: The requested amount is 478,202.14USDC and any unused funds will be deducted from future proposals. No timeframe or additional resources mentioned.

Top-up of Proposal 751 due to DOT price change

### Milestone 2 Proposal for Polkadot Collectives

**Summary:**
- **Features:**
  - Support for ambassador businesses, similar to fellowship features.
  - Business warnings to prevent accidental demotions or missed promotions.
  - Enhanced profile pages with detailed member information.
  - Statistics on collective spending and member activities.
  - Sub-treasury management for fellowship and ambassador funds.
  - Enhanced referenda features for collective decision-making.

- **Budget:**
  - Total estimated hours: 1960
  - Hourly rate: $90
  - Total budget requested: $176,400

WHO: The proposer team. 

WHAT: Implementing milestone 2 to support collectives (fellowship, ambassadors) on Polkadot, including features such as ambassador business support, business warnings, profile enhancement, statistics, sub treasury, and referenda enhancement. 

PRICE: $176,400. 

TIMEFRAME: Not specified. 

RESOURCES: 3 FTE for most features, 1 FTE for testing.

Subsquare polkadot collectives support milestone 2

- dAppForge is a tool that helps Polkadot developers create apps faster using AI.
- Polkadot developers face challenges learning the necessary frameworks, making it hard for them to build apps.
- The first version of dAppForge is complete, but it needs more work to be really useful.
- The team is asking for money to improve the tool further, especially to make it easier for developers to use.
- The next versions will add new features, like better code suggestions and personalized help.
- The tool will be free for everyone when it reaches the beta version.
- They plan to have an open-source version so anyone can use it.

dAppForge, an AI-powered plug-in for Polkadot developers, received $100,000 in funding to build Milestone 1. They are now seeking treasury funding of $105,000 to complete Milestone 2, which will fund the product's beta version. Milestones 3 and 4 will each cost around $100,000 to $115,000 and will take about 12 weeks to complete. The comprehensive cost for the entire project is $420,000. The core of dAppForge will be open-source, and the beta version will be free to everyone. The subscription-based premium API is part of their monetization strategy.

dAppForge - AI powered plug-in for Polkadot developers that reduces development time. 

- Project Magnet submitted a proposal for funds on April 7, 2024.
- They requested 33,956.17 DOT, worth $294,400 at the time.
- The proposal was approved, and they received the funds on May 6, 2024.
- By then, the value of DOT had dropped to $7.315045, making their actual funds worth $248,354.20.
- This created a shortfall of $46,045.80 compared to the original budget.
- The project has made progress with different modules and a Testnet is now running.
- They are asking for community support to cover the shortfall.
- More information and updates can be found on their GitHub page.

Project Magnet requests a top-up of $46,045.8 to align funding with the original budget. The project has completed the EVM, WASM, and MoveVM abstractions, front-end UI and application redesign for AssetBridge, and the integration of Proxy and Multisig modules. Coretime and Profit Layer Modules are in progress, and the front-end page development is ongoing. The first Magnet Testnet is online in Rococo.

Proposal: Request for DOT Top-Up to Cover Price Difference

- The Editorial Board for Polkadot en Español needs funding to keep their team working for the next six months.
- They have greatly increased their activity on social media, going from 6 posts in January to 63 in June.
- Their posts have reached 169,000 people in June, a huge jump from 14,000 in January.
- The team includes MacZam from Chile, Janko from Mexico, and Gabriel from Argentina, each with special skills.
- They want $46,000 to pay the salaries of these three team members and help the account continue to grow.
- This funding will help keep spreading the message about Polkadot in Spanish-speaking countries.

WHO: The Editorial Board for Polkadot en Español X account.

WHAT: Requesting funding for the salaries of three key members for six months to continue their mission of enhancing Polkadot's presence in the LATAM region.

PRICE/TIMEFRAME/RESOURCES: The total amount requested is 46k USDT, which includes 45k USDT for the salaries of the three members and 1k USDT for external signatories' tips for six months.

Continuation and Salary Request for Editorial Board in Spanish Members

- A total of $1,337,000 was requested for sponsoring HEROIC esports.
- The partnership has started, and a Marketing Council was formed with community members to create a marketing campaign.
- They are set to give a keynote talk and have a stand at a Decoded event.
- Due to a price drop of the DOT cryptocurrency, they received less money than planned.
- They originally wanted 199,260 DOT, but received it at a lower price, totaling $1,231,427.
- Now, they are asking for an extra $105,573 to meet their budget needs for the partnership.

HEROIC esports requested a top-up of 105,573 USDT to cover the difference caused by the price drop of DOT. The original requested amount was 199,260 DOT at 6.987 USD, and they received 1,231,427 USD at 6.18 USD per DOT.

Top up | HEROIC x Polkadot sponsorship due to DOT price drop

- Snowbridge is a new bridge that connects Polkadot and Ethereum, launched recently with no problems.
- It is designed to work without needing a third party, making it safe and trustworthy.
- Snowbridge is important because it helps different blockchains communicate better.
- The team has already started working with other partners to grow the network.
- A proposal has been made to finalize payments for the team's work and future tasks, totaling about $10 million.
- This proposal includes funds for costs like auditing and team incentives to ensure future success.
- They aim to ensure safety for users of the bridge with long-term insurance guarantees.  
- People can try out Snowbridge using their app.

Snowbridge, a trustless bridge between Polkadot and Ethereum, has launched and completed its milestones. They propose a payment of 505157 DOT and 2812500 USDC (~5,797,500 USD) for audit and operational costs, milestone completion bonuses, and successful operation incentives. The proposal adds additional controls on team incentives and medium-term insurance guarantees for bridge users. The proposal details can be found at https://spinamp.mypinata.cloud/ipfs/QmRSkK7YVbnTDYCsgWhyfvDydtbSi1uyWDbRDrxPvnPzmi.

Treasury Spends