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Treasury Proposal#113 >> Council Motion#357
Awarded
Requested: 98.10 KSM

#113 Encointer pre-launch expenses to become common good parachain

Proposer:
EyXc...t3Xm
 
in Treasury
21st Sep '21

Encointer is determined to launch its "mainnet" as a common good parachain on Kusama. This proposal is the next step and covers the preparation tasks and operation expenses to prepare for the onboarding.

Thanks to all the councillors who have already expressed their support for Encointer's ambition by casting their off-chain vote or letting us know privately.

common good social contract

If you support this treasury proposal, you're also expressing your current support for Encointer to get a common good parachain slot:

  • before slot 20
  • for 8 lease periods (Encointer communities grow slowly by design, so we need time to show impact)

Towards the end of our granted lease, the following shall be assessed to decide about extending the common good slot lease:

  • Has Encointer implemented a viable solution with regard to its whitepaper?
  • Has a first pioneer community evolved into an active ecosystem where a growing number of participants is actively using Encointer currency?
  • Has an integration with another parachain been demonstrated to provide sybil-defense?
  • Is there an interest to launch more communities? How many communities have evolved and how active are they?
  • Has the Encointer Association shown good governance and is there a plausible roadmap towards full decentralization?

funds

The proposed treasury spend of 35'800 USD has been translated to KSM at today's 30d average on subscan EMA30 of 364.947 USD

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Deadline: Not Set
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