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After the previoius discussion with the community, gathering additional feedback, and providing detailed answers to several questions (all of which are addressed in the <a title="PINK Kusama Treasury Proposal" href="https://docs.google.com/document/d/13BjMbDskKxTYDhyOI2JkSW97fXYLL6PCDbwjOKouYSE/edit?usp=sharing" target="_blank" rel="noopener">full proposal here</a>), we have officially submitted a Medium Spender request for 3,333 KSM. TL;DR: creating a memecoin from scratch, without presales, private investors, etc has been extraordinarily difficult. We believe this infusion of capital can help us achieve certain milestones such as a CEX listing, liquidity for a market maker and more.&nbsp; Thanks for your consideration and potential support! Gratefully, The PINK Community

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<a href="https://dotispink.xyz/" target="_blank" rel="noopener">PINK</a> may have started with a meme proposal listed on <a href="https://polkadot.polkassembly.io/referenda/265" target="_blank" rel="noopener">Polkadot OpenGov</a>, but we believe our core ethos embodies the spirit of Kusama&ndash;go fast, break stuff, and try new things. Born from a small group of volunteers from all over the Polkadot ecosystem, we quickly created a hit game that has seen multiple iterations, plan to introduce new games and utility in the future, and expand our growing community beyond the confines of our ecosystem, arguably becoming the first ever meme coin / gaming token to go crosschain.
In light of a recent discussion about the Kusama treasury on <a href="https://www.youtube.com/live/CK0co2NNjs0?si=BqseBjOXwqn_zIYF&amp;t=1211" target="_blank" rel="noopener">AAG #119</a>, it is evident that there is a growing need to spend funds out of this treasury in an effort to continue to grow it rather than have it continually get burned and remain at equilibrium.
Considering this, as well as the demand from the PINK community to seek additional funding from external sources, we thought it best to use the Kusama treasury to expedite said financial support of several initiatives for PINK.
We are putting this discussion before the community to gauge its interest in using the Kusama treasury in this way, as well as soliciting input for the amount that would be appropriate. Ideally, we would like to request the maximum of 3333 KSM (~$140K) on the Medium Spender track in order to:
<ul>
<li>Pay for a CEX listing</li>
<li>Provide Liquidity to a Market Maker</li>
<li>Be able to properly market the game/token utility</li>
</ul>
Please let us know your thoughts on this idea in the comments below, as well as demonstrate your willingness to support this potential referendum by using the poll feature to the right.
Thank you in advance for your feedback and support!
The Pink Working Group

Potential Funding for PINK

Treasury

- Problem Statement: Difficulty in creating a memecoin without presales or private investors.
- Significance: Requesting 3,333 KSM for a Medium Spender proposal.
- Proposed Solution: Infusion of capital to achieve milestones like CEX listing and liquidity for a market maker.
- Expected Outcomes: Facilitating the creation of a memecoin and achieving key milestones.

#381 Potential Funding for PINK

No Active Proposals