Dear Polkadot Community,

Chainalysis has submitted a revised proposal to the Polkadot community. This updated proposal incorporates valuable feedback and is designed to better align with the community's needs and priorities.That includes community feedback, aligned goals, detailed plan and clear phased implementation, training programs to ensure everyone is well-formed in compliance best practices and Chainalysis solutions.

**Background:**

In March of this year, we presented our initial proposal to the Polkadot community, aimed at accelerating Polkadot’s penetration into the institutional market. This proposal was specifically requested by Georgi Ivanov from Polkadot’s Business Development team, who faced a compliance challenge from a major European financial group. The challenge was to ensure that Polkadot’s protocol met the best practices in compliance, a crucial step for institutional acceptance.

**Objectives:**

**Support Key Goals:** Increase market capitalization, capture institutional market share, grow global adoption, and maintain a reputation for compliance.
Enhance Visibility and Risk Management: Use Chainalysis solutions to provide on-chain activity insights and improve risk management.


For more details, please check out the full proposal [here](https://docs.google.com/document/d/1LHkZltPei5DAClqyZUmJcNFnpVq2NhoqmvHnsYfIYRU/edit?usp=sharing).

Read about our initial proposal [here](https://polkadot.polkassembly.io/referenda/684).

Previous discussion of this new proposal [here](https://polkadot.polkassembly.io/post/2407).


Improved Proposal from Chainalysis to Polkadot

Dear Polkadot Community,

We are pleased to inform you that Chainalysis has submitted a revised proposal to the Polkadot community. This updated proposal incorporates valuable feedback and is designed to better align with the community's needs and priorities.


**Background:**

- In March of this year, we presented our initial proposal to the Polkadot community, aimed at accelerating Polkadot’s penetration into the institutional market. This proposal was specifically requested by Georgi Ivanov from Polkadot’s Business Development team, who faced a compliance challenge from a major European financial group. The challenge was to ensure that Polkadot’s protocol met the best practices in compliance, a crucial step for institutional acceptance.

**Objectives:**

- Support Key Goals: Increase market capitalization, capture institutional market share, grow global adoption, and maintain a reputation for compliance.
- Enhance Visibility and Risk Management: Use Chainalysis solutions to provide on-chain activity insights and improve risk management.
We believe this revised proposal will help Polkadot succeed in the institutional market.

For more details, please check out the full proposal [here](https://docs.google.com/document/d/1LHkZltPei5DAClqyZUmJcNFnpVq2NhoqmvHnsYfIYRU/edit?usp=sharing)

Read about our initial proposal [here](https://polkadot.polkassembly.io/referenda/684).


New and Improved Proposal from Chainalysis to Polkadot

Dear Polkadot Community,

Chainalysis has submitted a revised proposal to the Polkadot community. This updated proposal incorporates valuable feedback and is designed to better align with the community's needs and priorities.That includes community feedback, aligned goals, detailed plan and clear phased implementation, training programs to ensure everyone is well-formed in compliance best practices and Chainalysis solutions.

**Background:**

In March of this year, we presented our initial proposal to the Polkadot community, aimed at accelerating Polkadot’s penetration into the institutional market. This proposal was specifically requested by Georgi Ivanov from Polkadot’s Business Development team, who faced a compliance challenge from a major European financial group. The challenge was to ensure that Polkadot’s protocol met the best practices in compliance, a crucial step for institutional acceptance.

**Objectives:**

**Support Key Goals:** Increase market capitalization, capture institutional market share, grow global adoption, and maintain a reputation for compliance.
Enhance Visibility and Risk Management: Use Chainalysis solutions to provide on-chain activity insights and improve risk management.
### 



**The total payment for this proposal is 6.5M USDC, divided into three annual payments as follows:**


First Payment: Upon proposal completion  2,166,660 USDC.

Second Payment:  One year after the first payment,  2,166,670 USDC.

Third Payment:  Two years after the first payment,  2,166,670 USDC.

Please see pre-image
### 


For more details, please check out the full proposal [here](https://docs.google.com/document/d/1LHkZltPei5DAClqyZUmJcNFnpVq2NhoqmvHnsYfIYRU/edit?usp=sharing).

Read about our initial proposal [here](https://polkadot.polkassembly.io/referenda/684).

Previous discussion of this new proposal [here](https://polkadot.polkassembly.io/post/2407).


- **Problem Statement:** Chainalysis has submitted a revised proposal to address compliance challenges faced by Polkadot in penetrating the institutional market.
- **Significance:** Aligning with community needs, the proposal aims to increase market capitalization, capture institutional market share, and enhance risk management.
- **Proposed Solution:** Implement Chainalysis solutions for on-chain activity insights and compliance best practices training.
- **Expected Outcomes:** Improved market penetration, enhanced risk management, and increased institutional acceptance for Polkadot.

#2407 Improved Proposal from Chainalysis to Polkadot

No Active Proposals