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View All Small Spender
Requested:70K USDT
Rejected

PLEASE VOTE NO. WITHDRAWING IT AND WILL RESUBMIT TO MARKETING BOUNTY

inSmall Spender
3 months ago
BeneficiaryBeneficiary:

(70K USDT)

Treasury Proposal:
This Proposal to Polkadot Treasury aims to boost the brand recognition of Polkadot to a broader group of audience in APAC.

Proposer: (PANews)

DOT Address: 15TAnjASahuvhxT2sMLr6XhB2oCPZk1Kxa9nrXdKUNVL3pMB

Requested USDT : 💲70,000 USDT

Short description: The media and marketing plan to bring the brand awareness and community influence to a broader group of general blockchain audience.

Brief Introduction
PANews proposes to provide a customized media and marketing service package in partnership with PANews to enhance Polkadot's brand recognition and community influence (including Kusama,Substrate,JAM) among the APAC blockchain audience.

While Polkadot has established a strong reputation within its existing user base, the industry is rapidly evolving with many new competitors entering the market. This has created challenges for maintaining media visibility and community engagement. To address this, PANONY will collaborate with PANews (see the business relationship explanation in the section below) to elevate Polkadot's overall presence in the Chinese-speaking community to new heights, leveraging our influence to better communicate the latest developments and updates.

Detailed Proposal:
https://docs.google.com/document/d/1_pQUacAYaQ46uQeGAm_nrItcjQdhZd4Vcv23f4gzpHE/edit?tab=t.0

Previous discussion post link:
https://polkadot.subsquare.io/posts/410

Who we are:

PANews( https://www.panewslab.com ) is PANONY’s ( https://www.panony.com )institution and retail facing news outlet providing actionable insights of key developments and opportunities through timely analytic content, while it is also the only official co-curator of daily blockchain news with Tencent News.
The firm was established in March 2018 with operations in Greater China, South Korea and the U.S.. Both founders are Forbes Asia 30 under 30 honorees.

Comments (3)

2 months ago

PolkaWorld’s initial vote on the proposal was NAY, with all members expressing opposition based on the following points:

  1. The proposal initially quoted a high price of $180,000 USD and later discounted it to $70,000 USD, which could create a perception of excessive markup and erode trust within the community. We suggest providing a direct and reasonable market-based price from the outset to avoid the impression of “discount marketing” and foster a sense of credibility.
  2. Certain parts of the proposal (specifically, the third and fourth components of the 2025 plan) rely on activities in the Asian ecosystem, which introduces a degree of uncertainty.

On the positive side, PANews has been a longstanding supporter of Polkadot in China, and increasing JAM and Polkadot’s media exposure in China could certainly benefit the ecosystem’s influence.

However, given the current pricing structure and presentation of the proposal, we recommend the proposers consider adjusting the pricing and provide a more transparent and reasonable breakdown of costs to build long-term trust and support from the community.

For the full feedback, please visit here.

2 months ago

Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Small Spender track requires 50% participation and simple majority of non-abstain voters according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received zero aye and five nay votes from ten available members. Below is a summary of our members' comments:

The voters expressed concerns about the proposed initiative, emphasizing the necessity for a monitoring entity to evaluate its effectiveness and adapt over time. Many highlighted the importance of coordination in marketing efforts, warning that without it, funds could be wasted. They suggested that marketing proposals should be directed to an existing marketing bounty, and some called for a review process to establish a track record before committing to significant funding reductions. Overall, the sentiment leaned towards caution and the need for oversight.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort IV Delegate

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Confirmation Period

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Decision Period

28 / 28 days

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0 / 2 days

Summary

0%

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AyeNay

0%

Nay

Aye (16)0.0 DOT

Support0.0 DOT

Nay (65)0.0 DOT

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