Hello, community!

**The discussion with 96% ayes: [https://polkadot.polkassembly.io/post/1295](https://polkadot.polkassembly.io/post/1295)**

We are going to represent Polkadot on the Web Summit this year. We want to get Treasury funding to partially cover direct Web Summit costs. All other costs will be covered by participating companies.

We find it crucial to participate in conferences with key web2 players and 70,000+ attendees, as well as teams from the biggest tech companies, to promote the mass adoption of web3 and generate buzz around the Polkadot.

For Polkadot, Web Summit is a major opportunity to:
- attract attention to the web3 in general and, most importantly, Polkadot blockchain in particular;
- showcase the power of decentralized technologies;
- make a huge step to the mass adoption of web3;
- open up new possibilities of successful partnerships for Polkadot community members;
- appeal to potential investors;
- expand loyal and engaged Polkadot community.

It is crucial to start working outside of web3 bubble for web3 to become simply Web. Just the mere presence of Polkadot at such a conference sends a strong signal to web3 and the web community.

Full proposal with all calculations/details - [https://docs.google.com/document/d/1L9R-34OhkCzbWx_QxaDa-NcMquMUcEpw1rXHjZnCaZg/edit?usp=sharing](https://docs.google.com/document/d/1L9R-34OhkCzbWx_QxaDa-NcMquMUcEpw1rXHjZnCaZg/edit?usp=sharing)

The booth is in active development and is almost done (design is attached in the proposal).

We want to attract more Parachains and projects to this initiative! We need your support to showcase the power of decentralized technologies outside the web3 world together. 

We believe that even in these strict timelines, we can worthy present Polkadot at the biggest Web conference and bring mass adoption.

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>

- Polkadot wants to represent itself at the Web Summit conference.
- They want funding from the Treasury to help cover the costs.
- They believe it is important to participate in conferences with big tech companies to promote web3 and Polkadot.
- They want to attract attention, showcase decentralized technologies, and make partnerships.
- They believe it is important to work outside of the web3 bubble for web3 to become more mainstream.

#277 Treasury Proposal: Polkadot on WebSummit