Encointer has continued to deliver on a lean budget and requests retroactive funding for the second half of 2024.
<a href="https://docs.google.com/document/d/1dgraI9w1Uqcwvtm9GU6VvCVdHkj_w1n1zcvBX06imh0/edit?usp=sharing">Full Proposal Document</a>
The proposed treasury spend amounts to 64'300 CHF = 70'910 USD for 6 mt
Main achievements:
<ul>
<li>first personhood-based democratic decision about community matters for LEU Zurich community (<a href="https://www.youtube.com/watch?v=Gv7FagDCkuw">how it works</a>)</li>
<li>Deployed communitiy treasuries with democratic spending decisions.</li>
<li>Encointer team won <a href="https://x.com/encointer/status/1876177301421056505">Blockchain Switzerland InnoBooster award</a></li>
<li>New community forming in Zaira, Nigeria. Already operating a <a href="https://encointer.org/independence-powered-by-the-sun-a-nigerian-communitys-journey-into-blockchain-and-self-reliance/">solar-powered collator</a> for Encointer Network</li>
<li>Steady growth of Nyota community in Tanzania</li>
</ul>

Encointer has continued to deliver on a lean budget and requests retroactive funding for the second half of 2024.

[Full Proposal Document](https://docs.google.com/document/d/1dgraI9w1Uqcwvtm9GU6VvCVdHkj_w1n1zcvBX06imh0/edit?usp=sharing)

The proposed treasury spend amounts to **64'300 CHF** = **70'910 USD** for 6 mt

Main achievements:

*   first personhood-based democratic decision about community matters for LEU Zurich community ([how it works](https://www.youtube.com/watch?v=Gv7FagDCkuw))
*   Deployed communitiy treasuries with democratic spending decisions.
*   Encointer team won [Blockchain Switzerland InnoBooster award](https://x.com/encointer/status/1876177301421056505)
*   New community forming in Zaira, Nigeria. Already operating a [solar-powered collator](https://encointer.org/independence-powered-by-the-sun-a-nigerian-communitys-journey-into-blockchain-and-self-reliance/) for Encointer Network
*   Steady growth of Nyota community in Tanzania

Encointer has continued to deliver on a lean budget and requests retroactive funding for the second half of 2024.
<a href="https://docs.google.com/document/d/1dgraI9w1Uqcwvtm9GU6VvCVdHkj_w1n1zcvBX06imh0/edit?usp=sharing">Full Proposal Document</a>
The proposed treasury spend amounts to 64'300 CHF = 70'910 USD for 6 mt
Main achievements:
<ul>
<li>first personhood-based democratic decision about community matters for LEU Zurich community</li>
<li>Deployed communitiy treasuries with democratic spending decisions.</li>
<li>Encointer team won InnoBooster reward</li>
<li>New community forming in Zaira, Nigeria. Already operating a solar-powered collator for Encointer Network</li>
<li>Steady growth of Nyota community in Tanzania</li>
</ul>

Encointer Retroactive Proposal for July-Dec 2024

Treasury

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least `amount`.

### Details
NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

### Parameters
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

## Events

Emits [`Event::SpendApproved`] if successful.

- **Problem Statement:** Encointer seeks retroactive funding for the second half of 2024 on a lean budget.
- **Significance:** Encointer has achieved significant milestones with limited resources, including democratic decision-making and community growth.
- **Proposed Solution:** Requesting 64,300 CHF = 70,910 USD for 6 months to support ongoing projects and initiatives.
- **Expected Outcomes:** Continued development of democratic decision-making processes, community expansion, and sustained growth.

#489 Encointer Retroactive Proposal for July-Dec 2024