- 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

This is a request for extra money to help with a project that was already given money before. The people working on the project had planned how much they would need based on a certain price of a thing called DOT. But when they got the money, the price of DOT had gone down, and they didn't have enough to finish the project well. They are asking for an extra 183.326 USDC to make up for the difference in the price of DOT and keep the project going as planned. They think this extra money will help the project and everyone involved. They are ready to talk more about this request and thank everyone for their support.

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)

This TIP is asking for money for creating a special interview guide. The guide helps people choose the best person for an important job called Head Ambassador. It took 4 hours to make and they want to be paid $50 for each hour. They collected questions from different groups and made a helpful document for everyone. They think it's worth at least $200 and hope others agree.

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

This proposal is to ask for more money because the price of DOT changed and we got 30% less than we asked for. We asked for 167,214.5 DOTs, which was worth $1,585,229.01. But when we got the money, DOT was worth less, so we only got $1,107,026.87. This made us short by $478,202.14. We need this money to pay our workers and suppliers. We are asking for 478,202.14USDC. If we don't use all the money, we will take it out of our next request.

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 planned AI-powered plugin for Polkadot developers that aims to reduce development time. It is designed to address the difficulty of learning Substrate and Ink! frameworks, which are major challenges for developers in the Polkadot ecosystem. The project has received $100,000 in funding from an angel investor to build the first iteration of the AI model and the alpha version of the plugin, which is available for download from the VS code extension marketplace.

The development of dAppForge is divided into four milestones:
1. The first iteration of the AI model and the alpha version of the plugin have been completed.
2. The beta version of the product, which includes fine-tuning the AI model, integrating Ink!, and building a chat feature, is the next phase. The team is seeking treasury funding for this milestone.
3. And 4. Future milestones involve integrating the Pop network to improve the developer experience for Ink! developers and implementing features like reference documentation and pre-written prompts for runtime templates. The main task will be releasing a freemium API model with a free tier for basic code suggestions and a premium subscription-based API offering enhanced AI, personalized learning, and an up-to-date knowledge graph.

Neurons Lab, which developed the initial AI, has been commissioned again and can leverage AWS AI Production Ready Funding Program to obtain $75,000 in co-funding from AWS, resulting in a total AI development budget of $150,000. The comprehensive cost for milestone 2 is $105,000 and is expected to take 12 weeks to complete. After milestone 2, the core of dAppForge will be open-source, and the team plans to ask the treasury for funds for milestones 3 and 4, which will each take about 12 weeks and cost around $100,000 to $115,000 each. The monetization strategy includes a subscription-based premium API to support ongoing development and improvement of the free, open-source version.

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 on April 7, 2024, for 33,956.17 DOT worth $294,400. The proposal was approved, but due to a decrease in DOT's EMA-7 price, the project received only $248,354.20, resulting in a shortfall of $46,045.80. The project has made progress in Execution Layer Modules, Coretime Layer Modules, and Profit Layer Modules. The front-end design is complete, and development is ongoing. The Magnet Testnet is online in Rococo, using DOT as gas fee. The project requests a top-up of $46,045.80 to align with the original budget and ensure successful execution.

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 group asked for $1,337,000 to sponsor HEROIC esports on a blockchain. They started working with Polkadot community members on a marketing campaign and will have a keynote and stand at Decoded. But because the price of DOT dropped, they only got $1,231,427 and need an extra $105,573 to cover all the marketing plans they agreed to.

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, a trustless bridge between Polkadot and Ethereum, has successfully launched and is growing in usage. It is a significant innovation for interoperability in the Polkadot ecosystem. The project has completed 3-4 integrations and plans to increase integrations across all parachains in the coming months. A treasury proposal has been submitted to finalize payments for completed engineering milestones, operating costs, and team incentives. The proposal includes additional controls for team incentives and medium-term insurance guarantees for bridge users. The total amount requested is 505157 DOT and 2812500 USDC, covering audit and operational costs, milestone completion bonuses, post-launch bonuses, and successful operation incentives. The beneficiary address is provided for the payments.

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