GM Future Polkadot Ambassador Fellowship,
This proposal initiates the interim phase of the new <a href="1267">Polkadot Ambassador Fellowship</a> with two primary objectives:
<ul>
<li>Establish the Ambassador Fellowship Advisory Board: The board, comprising 13 members, will act as a proxy for token holders during the interim phase.
<ul>
<li>Basti K&ouml;cher, Lead Developer, Parity Technologies</li>
<li>Chrissy Hill, Chief Legal Officer and Interim Chief Operating Officer, Parity Technologies</li>
<li>Christoph Kampitsch, CEO, Scytale Digital</li>
<li>Felix, Ambassador, Cardano</li>
<li>Joe Petrowski, Web3 Foundation</li>
<li>John Linden, Founder / CEO, Mythical Games</li>
<li>Kai C. Chng, Private Polkadot Investor and Founder / CEO, Bram Capital</li>
<li>Mister Cole, Polkadot Moderator</li>
<li>Otar Shakarishvili, Project Advisor and Governance Specialist, Just Open Source</li>
<li>Radha Dasari, Technical Education Lead, Web3 Foundation</li>
<li>Rob, Director, Parity Technologies</li>
<li>Seraya Takahashi, Technical Grants Evaluator, Web3 Foundation</li>
<li>Shawn Tabrizi, Lead Developer, Parity Technologies</li>
</ul>
</li>
</ul>
<ul>
<li>Secure Initial Funding of 640,000 USDT to support the program for four months:
<ul>
<li>Ambassador Fellowship Treasury: 40,000 USDT, with a 10,000 USDT monthly allocation to cover essential operational needs.</li>
<li>Interim Phragm&egrave;n Funding System: 600,000 USDT to support 15 monthly allocations of 10,000 USDT each. This interim phase will serve as a "test and learn" period, laying the groundwork for deploying the on-chain processes that will sustain the program beyond this phase.</li>
</ul>
</li>
</ul>
9 / 13 of the Advisory Board will control the multi-sig which will distribute all of the funds for the duration of both the establishment and incubation phases.
Please read the more detailed proposal&nbsp;<a href="https://docs.google.com/document/d/1OkzWVpuyqueROtftg-QYRdCbJCk3ZDSQm_-urjqRcdY/edit?tab=t.0">here</a>.

GM Future Polkadot Ambassador Fellowship,

This proposal initiates the interim phase of the new [Polkadot Ambassador Fellowship](1267) with two primary objectives:

*   Establish the Ambassador Fellowship Advisory Board: The board, comprising 13 members, will act as a proxy for token holders during the interim phase.
    *   Basti Köcher, Lead Developer, Parity Technologies
    *   Chrissy Hill, Chief Legal Officer and Interim Chief Operating Officer, Parity Technologies
    *   Christoph Kampitsch, CEO, Scytale Digital
    *   Felix, Ambassador, Cardano
    *   Joe Petrowski, Web3 Foundation
    *   John Linden, Founder / CEO, Mythical Games
    *   Kai C. Chng, Private Polkadot Investor and Founder / CEO, Bram Capital
    *   Mister Cole, Polkadot Moderator
    *   Otar Shakarishvili, Project Advisor and Governance Specialist, Just Open Source
    *   Radha Dasari, Technical Education Lead, Web3 Foundation
    *   Rob, Director, Parity Technologies
    *   Seraya Takahashi, Technical Grants Evaluator, Web3 Foundation
    *   Shawn Tabrizi, Lead Developer, Parity Technologies

*   Secure Initial Funding of 640,000 USDT to support the program for four months:
    *   Ambassador Fellowship Treasury: 40,000 USDT, with a 10,000 USDT monthly allocation to cover essential operational needs.
    *   Interim Phragmèn Funding System: 600,000 USDT to support 15 monthly allocations of 10,000 USDT each. This interim phase will serve as a "test and learn" period, laying the groundwork for deploying the on-chain processes that will sustain the program beyond this phase.

9 / 13 of the Advisory Board will control the multi-sig which will distribute all of the funds for the duration of both the establishment and incubation phases.

Please read the more detailed proposal [here](https://docs.google.com/document/d/1OkzWVpuyqueROtftg-QYRdCbJCk3ZDSQm_-urjqRcdY/edit?tab=t.0).

This proposal seeks funding for the establishment and initial operation of the Polkadot Ambassador Fellowship, focusing on enhancing community engagement and creating a sustainable ambassador program. The initiative introduces two key mechanisms: the Phragmèn Funding System, a decentralized voting-based fund allocation method, and an interim sub-treasury for operational expenses. These systems aim to streamline funding distribution and encourage transparent, community-driven decision-making.

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least
`amount` of `asset_kind` in the native asset. The amount of `asset_kind` is converted
for assertion using the [`Config::BalanceConverter`].

## Details

Create an approved spend for transferring a specific `amount` of `asset_kind` to a
designated beneficiary. The spend must be claimed using the `payout` dispatchable within
the [`Config::PayoutPeriod`].

### Parameters
- `asset_kind`: An indicator of the specific asset class to be spent.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The beneficiary of the spend.
- `valid_from`: The block number from which the spend can be claimed. It can refer to
  the past if the resulting spend has not yet expired according to the
  [`Config::PayoutPeriod`]. If `None`, the spend can be claimed immediately after
  approval.

## Events

Emits [`Event::AssetSpendApproved`] if successful.

- **Problem Statement:** Establishing the interim phase of the Polkadot Ambassador Fellowship program.
- **Significance:** Creating an Advisory Board and securing initial funding of 640,000 USDT to support the program for four months.
- **Proposed Solution:** Forming a 13-member Advisory Board and allocating funds for operational needs and monthly allocations.
- **Expected Outcomes:** Testing and learning during the interim phase to set the foundation for sustainable on-chain processes.

#1287 Polkadot Ambassador Fellowship: Initial Funding Request and Validation of the Advisory Board