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Beneficiary:(150K DOT)
Requested:150K DOT
Executed
Untitled Post
a year ago
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (5)
Proposal Passed
3
of 3Summary
0%
Aye
0%
Nay
Aye (53)0.0 DOT
Support0.0 DOT
Nay (54)0.0 DOT
Voting Data
Approval%
Support%
Threshold0.00%
Threshold0.00%
Thank you! The dedication to advancing the Polkadot ecosystem through institutional investor awareness is evident and acknowledged. The proposal’s title suggests a broader institutional investor focus, which seems lacking in detailed planning and execution strategy. The significant funding requested brings concerns about financial stewardship and accountability. This scrutiny is not about mistrust but ensuring that every DOT contributed is maximized towards tangible ecosystem growth.
We must express reservations that align with several concerns raised in ref #539, necessitating a more critical examination. I would suggest researching the bounty approach, looking from a broader institutional investor perspective. Creating a regional data bounty could be exciting and this could be a child bounty of that. We believe that the activity in this region should be covered by an American institutional investor bounty with trusted curators from both American and European communities.
The Polkadot way is to figure out what you can deliver with $10,000, and only then show that you delivered $20,000 worth of value. Then the treasury and people will look to invest more. This is how you establish yourself as a good player in the ecosystem. There is just no reason to make such a large starting proposal.
We find it bad in intention to request so much funds up front. You can either request money back for work done, or you can request a smaller amount of money in speculation. This is what is required in this ecosystem.
@polkaworld Sorry for the slow response time, we have had trouble responding on Polkassembly. Thank you for taking the time to speak with us and for your support on the proposal.