Proponent: 12a9SdcosbjT8ZJpJ36R7reJ85qjzm9bZKuoJfC7hhhGrEUp

IBC 2022 is a 8-Month long plan for Hackathons, Education & Certification, DeFi competitions and Start-up Pitch Competitions converging into a Indian State Government led conference to be held in November 2022. Our vision is to deliver 1 mn blockchain engineers, 1000 Startups and 10 mn retail traders with a continuity support program of education and certification in 1000 schools.

The first edition of International Blockchain Congress (IBC) held in August 2018 was a resounding success with over 5000+ attendees, out of which 200 represented the government. Conducted in 2 cities across 3 days, the conference attracted 300+ international delegates and 500+ hackathon participants. Receiving warm feedback from the government and the blockchain community, IBC media decided to continue with the conference on a much grander scale starting this year.

The second edition is bigger, better and will be game changing. Not only in terms of scale, IBC 2.0 will set benchmarks in the blockchain industry, raise the bar for attracting prospective investors for companies/ projects/ start-ups and bring in top line blockchain talent on a common platform.

Find the link to the full proposal [here](https://docs.google.com/document/d/1_7lYIDN2a9vDcV20ho3sWySQRnBX6O7rvGeGroFyoDE)

DOT price was calculated using the 30 day average of subscan [here](https://polkadot.subscan.io/tools/charts?type=price)


Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

# <weight>
- Complexity: O(1).
- DbReads: `Proposals`, `Approvals`
- DbWrite: `Approvals`
# </weight>

- There is a plan called IBC 2022 for hackathons, education, and competitions in India.
- The first edition of the International Blockchain Congress was successful in 2018.
- The second edition will be even bigger and better.
- The goal is to bring together blockchain talent and attract investors.
- The price of DOT was calculated using a website called subscan.

#207 Milestone 1: Title sponsorship International Blockchain Congress (IBC) 2022