As a member of the Polkadot community, I’m voting Nay on the PolkaLotto proposal for the following reasons:

Excessive Funding Request: The 1M DOT total ask, starting with 50,000 DOT for part 1/3, is substantial for a project from an unknown proposer. While the Eternal Engine (270,000 DOT staked perpetually) and Spotify ad campaign (35–55M impressions) are intriguing, there’s insufficient data to justify such a large allocation from the Treasury.

Unknown Team: The proposal lacks details about the team’s experience in building businesses, lotteries, or blockchain projects. Without a track record or named contributors, it’s hard to trust that the team can execute a project of this scale, especially with complex regulatory and technical challenges.

Overly Ambitious Scope: Combining a lottery, educational platform, NFTs, DAO philanthropy, and cross-chain collaboration (Twin Titans) feels unrealistic for a 12-month timeline. A focused MVP with a smaller budget would be more credible and reduce execution risk.

Speculative Elements: The “Nakamoto Formula” reveal and heavy ideological tone raise red flags. These feel like marketing gimmicks rather than practical contributions, which undermines confidence in the proposal’s seriousness.

Suggestions for Improvement:

Share team bios and relevant experience to build trust.

Scale down the ask and provide a detailed financial model showing ROI for the Treasury.

Clarify the “Nakamoto Formula” to avoid speculative hype and focus on practical deliverables.

Start with a single-country pilot to test demand and regulatory feasibility.

As is, for now, and if is to be proposed in the same way as before, it’s a Nay from me, again.