Proponent: Tribe/AngelHack 13Ghf2T883ZobjngC1BAgR1BWvK2P7qP37gGxHDVFf3fjbmw

Requested Allocation: $302,000 USD | 60,246.88 DOT

In December 2022, AngelHack proposed to run two Polkadot Global Series hackathons in both the Europe and APAC regions for 2023. This was done in effort to continue bridging existing gaps within the Web3 space through active engagements with the ecosystem teams and wider Polkadot community. Subsequently, the forming of such stronger connections within the community will also allow for easier onboarding of more developers across a diverse range of backgrounds.

We are now currently on our 3rd project milestone for the Polkadot APAC Hackathon, and we are requesting for $302,000 USD (60,246.88 DOT) from the treasury. This is partly to reimburse our operations and service fee for running the hackathon, but mainly to reward the hackathon winners for their hard work and contribution in this edition. The proposal provides a full budget breakdown as per our the milestones set out in our initial proposal.

Our Milestone 3 proposal can be found here.

Read more about our Treasury Proposal here.

Treasury On-chain Proposal Link: https://polkadot.polkassembly.io/motion/325

The Polkadot Hackathon Global Series 2023 is an ongoing hackathon series that has previously obtained approval under Gov1. Milestone 3 is hence a re-confirmation of our original proposal approved in principle earlier in 2023.

DOT calculated via EMA7 on the day of the official submission, 8 August 2023, at 12:55:48 (+UTC) - 1 DOT ~ 5.012 USD. Conversion: $302,000 USD ~ 60,246.88 DOT