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Discussions#2573 >> OpenGov Referendum#211
Rejected

#211 (Polkadot Latam, Start)

Proposer:
Elvis Paz
 
in Democracy
30th May '23
(Edited)
education
research
communication
+1

Polkadot Latam Development Center in Honduras

Proponent: Polkadot Latam: CpNGK3pS1uHPcPAzEzH9Ede8JZWrDFb8RpdUEoQ4SiBabuT

Request: 1033.389 KSM

KSM (USD $31,005.81 USD) (Rate: $30.004/KSM based on EMA 30 ~ Subscan 16:34 GMT -6 (11/5 2023)

Greetings

We are Polkadot Latam, an organization committed to promoting the Polkadot and Kusama blockchain ecosystem in Honduras to later expand in Latin America. We would like to submit a proposal for the creation of a Polkadot development community in the region. The lack of information and education around blockchain in the Latin community represents a barrier to its adoption and growth in the region. Therefore, we will focus on creating a specific community in Honduras and promote the adoption of the technology throughout the country. Our goal is to create a robust and accessible community centered on three fundamental pillars: governance, development and community.

To achieve this, we will start by organizing events in the Honduras capital Tegucigalpa, in educational centers, media, universities and other interested parties who can experience the Polkadot and Kusama ecosystems, share knowledge and discover new opportunities for collaboration. In this initial stage, we will work on creating high quality educational content in Spanish so that Spanish speakers can better understand Polkadot and Kusama's blockchain technology, and can leverage it in their daily lives and foster the adoption of Polkadot in the region and in the long term grow the Polkadot ecosystem.

To support this initiative, we are requesting funding of 1033.389 KSM, 31005.81 USD for the creation of the Polkadot community in Honduras, the organization of events and the creation of educational content. We believe this investment will be a profitable and strategic opportunity for the growth and expansion of blockchain technology in the region. Changes and updates to the artwork will be carried out, implementing new vectorized and modeled objects. For example: 3D modeling of the various current vectors representing the network environment. With the ultimate goal of creating the most efficient learning method for Polkadot and Kusama.

Unity is Strength! Therefore, this method requires the recurrent approval of the community, as well as the contribution of feedbacks that reflect new ideas and recommendations, so that the final audiovisual material is ideal for those who visualize and study it, we will create a library with all the resources, which have been built and so that other people can generate quality content.

Below is an example of the type of content to create.

Polkadot and Kusama's definitive guide: What are parachains?

We hope that our proposal will be considered and approved, and we are confident that the creation of a Polkadot community in Honduras will have a significant impact on the adoption of blockchain technology in the region.

our mission and long-term vision

You can access our detailed proposal via the link provided.

Thank you for your time and consideration.

Sincerely yours. Polkadot Latam.

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Proposal Failed

The approval was lesser than the threshold for this track.
Summary
Failed
4.5%Aye
AyeNay
95.5%Nay
Ayes(22)
5.13K KSM
Nays(268)
109.16K KSM
Support
4.77K KSM
Voting Details
Approval0.00%Threshold0.00%
Support0.00%Threshold0.00%
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Users are saying...
Based on all comments and replies

Overall 50 % of users are feeling optimistic. Hello! We're currently validating a service that assists teams in crafting and completing successful treasury proposals. Your experience with the OpenGov treasury proposal process would be valuable to us, so we invite you to fill out this form: https://forms.gle/MwDij4adXEQd7Um79. The more information you provide, the better we can assess our service's potential need. For further details, follow us on Twitter at https://twitter.com/OpenGovAssist.

Overall 50 % of users are feeling against it. The submitted proposal, which included a flawed extrinsic, failed to achieve its intended purpose and required revision as it was incorrectly categorized under "Treasury.ProposeSpend" instead of the correct category "Treasury.Spend".

AI-generated from comments

5Comments
20%
0%
80%
0%
0%
Jay Chrawnna
 
 
13th May '23

Hello! We’d be pleased if a member of the team would join AAG this Monday at 3:30pm UTC to help us understand the importance of this mission!

Please reach out on Matrix @jay-chrawnna:matrix.org! Thanks! 🙏

Hide replies
HaderArce
 
 
16th May '23

Hello, I have already contacted you by element

LV
 
 
15th May '23
(Edited)

This ecosystem no longer needs high-quality educational content, we just need competitive content creators...

Good ideas and good intentions do not solve anything, only competitive professionals do.

Delighted to resolve serious doubts in depth to continue advancing with your project. But, please, do not take examples of previous content proposals as a reference for what you want to do, because the approach should be changed for the most part.

Here's a gift for your team, links to two drafts that I have been working on so that you can have a more serious reference of how the CCI (Content Creation Initiatives) should be rethought. Both in fundamental approach and in competitive content formats to work on.

1 - General Model for Content Creation Initiatives

2 - Polkadot Competitive Content Suggestions


We must rethink these types of proposals. Expensive content with no results brings absolutely nothing to the ecosystem.

We must hyperactively abandon budgets based on paying for "X number of pieces of content." F*ck the content created to receive easy and fast money. This generates bad practices and a job that is 0 competitive with the real world outside of the fictitious economy that has been generated in this clumsy industry.

Any project or business financed 100% by public money will rarely be competitive.

We need creators and well-trained local/lingo hubs with a professional background for the task they want to cover. Initiatives that can be competitive, not initiatives that only generate pieces of content because it has been paid for from the treasury. Do not try to look for reference points within the ecosystem, because you will not find them. The fact that the other elements from which you have been able to take an example are incompetent does not imply that you have to follow in their footsteps.


I leave you one more gift, ask yourself the following questions:

  • What is your goal in the medium-long term? Do you want to be a Local Hub?

  • Do you want to create a professional and competitive business from Polkadot Latam? Do you think that it should always be 100% financed from the treasury with public money?

  • Have you taken into account or contacted the team of other more experienced initiatives in the ecosystem and related to what you want to do, such as Creadores Web3, Polkadot Hub or the Bounty in Spanish?

Excuse me if I'm too harsh, but the problem is not a matter of budget. It does not matter to me if you want to present a budget of 10k, 30k or 100k, what I want is for this ecosystem to begin to be realistic with how these proposals should be worked on professionally.


I am not going to extend more with this message, because, the truth, in the end I should start charging these consultancies XD.

Good luck guys :)

Hide replies
HaderArce
 
 
16th May '23

Hello, you make a lot of sense. Our vision is to become a community and make Central America a strong community on Polkadot in the long run. The content we provide is just the key to get started and get people to start getting to know the ecosystem.

Jay Chrawnna
 
 
25th May '23

The team stopped by AAG on May 22. See the clip! 👇 (12:45) https://twitter.com/TheKusamarian/status/1661759670766260224

Full replay here.

Paradox
 
 
30th May '23
Voted Nay

This proposal was submitted with an extrinsic that would not yield the desired result.

It should be Treasury.Spend not Treasury.ProposeSpend

HUj6...GLD6
 
 
13th Aug '23

Hello,

We are in the process of validating a true need for a service to assist teams with crafting and completing successful treasury proposals, so they can focus on building. We would love to hear about your experience with this proposal. If you are willing to take a few minutes, please fill out this form about your experience with the OpenGov treasury proposal process: https://forms.gle/MwDij4adXEQd7Um79

Feel free to leave out any details that your team is not comfortable with sharing, but the more info you can provide, the better we will be able to assess the potential need for our services.

For more info, follow us on Twitter/X: https://twitter.com/OpenGovAssist


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This RFP was adapted over several weeks on AAG to turn a treasury proposal in discussion to an RFP with refined scope and oversight.

To apply for the prize pls fill out this form.  


Prize Pool: $43,000
Finder’s Fee: $2,000 **
Supervisors: $5,000

Supervisors (Bounty Curators)

  • Flipchan
  • Byte (Erin)
  • James Slusser

Excess or unused funds will be returned to the treasury by Bounty Curators.

Timeline

Monday, March 17 - AAG Discussion & this forum post! ✅
Monday, March 24 - Single-ref Bounty + Curators ✅
4 Weeks after Bounty Funding - Submission Deadline Thursday
July 31 - Project Completion (Pending Kusama Hub Launch)

Project Scope

Smart Contract Development

  • A Solidity-based smart contract deployed on Kusama Hub
  • ZK enabled for private deposits & withdrawals
  • Compatibility with all Kusama Hub assets

User Interface

  • Browser-based, mobile-ready UI hosted on IPFS
  • Support for: Deposits, Withdrawals, Transfers, XCM Transfers
  • Compatible with popular ecosystem wallets (Nova Wallet, Talisman, Subwallet)

Anti-correlation Attack Mitigations:

  • Fixed deposit amounts (e.g. 1, 10, 100, 1000 units)
  • Batch payouts for withdrawals to multiple users
    Interoperability
  • Ability to receive assets via XCM from any Kusama-connected parachain and transfer them to Kusama Hub for use in shielded pool.

Open-Source Delivery

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** re: Finder’s Fee: this payment is set aside to incentivize a broad search for the right implementor. Finder’s Fees are paid out at time of team engagement. Teams that submit themselves can collect their own Finder’s Fee at completion of project.

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To prevent potential mismanagement of Youdle DAO treasury funds, we propose temporarily transferring these assets to the Kusama Treasury, which is now the safest option.

Rationale:

The Invarch team, which currently controls the funds, has a history of questionable financial decisions, including the transfer of more than 200K ASTAR from the DAO to a CEX without transparency.

Community members have raised concerns and asked questions about fund management, but the team has not provided clear answers.

To ensure responsible management, these remaining funds (400 KSM) should be safeguarded under Kusama governance.

Next Steps:

The funds will later be returned to Youdle DAO holders through a transparent and verifiable process.

 

We urge the community to support this measure to protect DAO resources.

 

Evidence:

Rug on virtuals

image.png


image.png

 

Polkadot treasury rugs

image.png

 

Youdle DAO rug

Moving DAO funds to a CEX because it's a shared address instead of moving to another on chain address? No answers. 

image.pngimage.png

image.png

Pink rug

Pink distributed by the pink team to invarch was supposed to get distributed to the community

image.png

but instead 2000000 pink were allocated to xcastronaut (invarch founder) wallet

image.png

image.png

Then went to hydration and got sold.

VARCH rug

$VARCH token launched less than 30 days ago. ICO investors are down -96%
image.png


KSM partial rug

Not fully delivered. 

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Tinkernet rug

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