Polkadot Referendum Roundup Week 46: "Marketing"

Your Weekly Polkadot OpenGov Digest

Introduction

Welcome to the latest edition of Polkadot Referendum Roundup!

This week saw major shifts around some divisive proposals, sparking heated community debates. A controversial marketing referendum took an unexpected turn as influential voters changed stance.

In AAG Spotlight, we'll cover crucial talks on evolving Events Bounty & Raul’s vision of going forward.

Want the weekly rundown on Polkadot governance proposals, debates, and decisions? Hit subscribe below to get the Roundup delivered to your inbox.

Treasury Update

The current treasury balance of 44.60M DOT represents a decrease of approximately 1.55% from last week's balance of 45.31M DOT.

Executed proposals

  • Referenda #223: Polkadot Pulse 1.0 & Polkadot Networking Night @ IBW, ETHIndia Week | 24,701 DOT | Polkadot Now India | 2d 14hrs ago.

Rejected Proposals

  • Referenda #205: Treasury Proposal: Parachain Loan Financing (PLF) Kapex Parachain | 592.57K DOT | Totem Live Accounting/Pledge Account | 2d 19hrs ago.

Current Proposals

Medium Spender Queue

  • Referenda #260: 6 months Educational Campaign in India - Crypto India | 21,849 DOT | Being Satoshi | Deciding 4d ago.

  • Referenda #255: Altcoin Daily - High impact Polkadot media promotion | 21.22K DOT | ALTCOINDAILY | Deciding 5d ago.

  • Referenda #251: VOTE NAY IN THIS PROPOSAL 251 | 17,765 DOT | TuPrimerBitcoin | Deciding 7d ago.

  • Referenda #250: Bounty Proposal: Business Prospects for Polkadot in Brazil | Approve Bounty | LUI5DOT | Deciding 1d 21hrs ago.

  • Referenda #248: Substrate-etl Retroactive funding: Q3+Q4 2022-Q1+Q2 2023 | 99,025 DOT | Sourabh Niyogi | Deciding 9d ago.

  • Referenda #247: PR, Content marketing, Social amplifications proposal | 21,400 DOT | MarketAcross-BB | Deciding 5d ago.

  • Referenda #245: Milestone 4: Polkadot Hackathon Global Series 2023 APAC Edition | 10.89K DOT | Tribe/AngelHack | Deciding 11d ago.

  • Referenda #242: Retroactive & Ongoing Funding Rationale: Republik Rupiah - Turning Indonesia into the Polkadot Island's With Education and Community | 16,182 DOT | Michael_Republik | Deciding 12d ago.

  • Referenda #228: Non-custodial DOT payments integration for major eCommerce platforms | 59.75K DOT | Alzymologist | Deciding 19d ago.

  • Referenda #224: Proposal: Funding for the Brazilian Portuguese Language Content Producers Group | 17,000 DOT | Panegali | Deciding 2d 14hrs ago.

  • Referenda #213: KryptosChain Media (The Next Level!) - 6 Months of funding | 22,687 DOT | KRYPTOSCHAIN | Deciding 5d ago.

  • Referenda #237: Retroactive Funding - Polkasafe Revised Proposal | 33.12K DOT | Polkasafe | Confirming 9hrs 46mins ago.

Big Spender Queue

  • Referenda #265: A Pink Proposal for $PINK | 1000K DOT | PINK | 2d 1h ago.

  • Referenda #238: IBC x Largest Polkadot Developer Outreach Proposal | 82.14K DOT | IBC Media | 11d ago.

  • Referenda #236: Events Bounty V2 Curator Candidacy | proposeCurator | zoemc | 12d ago.

  • Referenda #234: Polkadot @CoindeskConsensus 2023, April 26-28, 2023 in Austin, Texas | 137.77K DOT | Polkadot@CoindeskConsensus2023 | 15d ago.

  • Referenda #229: [VOTE NAY - RESUBMISSION IN PROCESS] Activation and retention of developers in Turkey and India for the Polkadot Ecosystem | 138.71K DOT | Patika inc | 2d 14hrs ago.

  • Referenda #235: Invalid: Events Bounty V2 Curator Candidacy | 1M DOT | zoemc | 2d 2hrs ago. | Timed out

AAG Spotlight

  • The Polkadot community is actively discussing the latest updates to the Events Bounty V2. This initiative is crucial for optimizing the organization and funding of Polkadot-related events, enhancing their impact and visibility worldwide. It represents a significant step in promoting community engagement and knowledge sharing within the Polkadot ecosystem. For more information, check out: Events Bounty V2 Update.

  • Raul's latest piece in The Kusamarian addresses the vital role of marketing in the Polkadot ecosystem, exploring various funding mechanisms for promotional activities. He emphasizes the importance of community-driven decisions on marketing strategies, whether through Direct Spending Proposals, Bounty Proposals, or the formation of a dedicated Marketing and Communications Fellowship. For more details, visit: Marketing Strategies in Polkadot.

Governance in Action

  • Polkadot Referendum Roundup reports a significant shift in voting patterns for Polkadot Referendum 213. Several key token holders have cast 'Nay' votes, changing the referendum's trajectory drastically. The 'Nay' votes now dominate with a 61.5% lead over 38.5% 'Aye' votes. This shift, occurring during the decision period, highlights the dynamic and influential role of prominent community members in Polkadot's governance process. For more information: Voting Shift in Referendum 213.

  • Recent analysis by Dolpha.com on Polkadot's Referendum 213 reveals a significant voting influence attributed to Gavin Wood. A 6M DOT address, believed to be associated with Gavin, was traced delegating votes to influential proposals. Notably, this address played a pivotal role in Referendum 213, casting a decisive 'Nay' vote through delegation. Historically, this address has shown a pattern of voting in alignment with Gavin's known addresses. This activity underscores the substantial impact certain individuals can have in Polkadot's governance process. For a deeper dive into the analytics and historical voting patterns, visit Dolpha.com's Analysis.

  • Video Analysis on Polkadot Governance: A recent video explores the substantial influence of "16DG," the largest whale in Polkadot, on the network's governance. This comes after a controversial vote involving a relatively small amount of 90k USD, raising questions about power dynamics within the Polkadot ecosystem.

Closing Thoughts

And that's a wrap for this governance-filled week! We saw some major swings as influential voters changed positions on divisive proposals. Where will these contentious referendums end up? The coming days will prove pivotal.

While unpredictable votes played out, insightful AAG talks offered crucial context on evolving systems like the Events Bounty & Marketing initiatives. Understanding these mechanics is key to informed participation.

Looking ahead, more proposals will enter new phases. To stay up-to-date on the latest developments, be sure to subscribe. Until next week, thanks for following Polkadot's ever-evolving governance landscape with us!

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