As per our report <a href="../post/1820">here</a> we are requesting tranches 2 and 3 based on the Subscan 7 day MA of 4.55. THIS COVERS TWO COMPLETED EVENTS: AN ONLINE HACKATHON AND THE DECODED HACKATHON, BOTH EVENTS WE ARE OUT OF POCKET FOR AND HACKER PRIZES ARE UNPAID 😢.
With this funding request (totalling: &pound;95k in DOT) we are calling the funding tranches proposed for April 2023 (&pound;25k) and July 2023 (&pound;70k) from the initial proposal as we are delivering the online hackathon (April tranche) as well as the in-person hackathon which note has been moved to earlier than planned (originally planned for July tranche).
This covers:
<ul>
<li>funding for the first online hackathon prizes (&pound;10k in DOT) (which were delayed and outstanding due to the governance change)</li>
<li>funding for running the second online hackathon (&pound;15k in DOT)</li>
<li>funding for running an in-person hackathon at Decoded (&pound;60k in DOT) -&gt; NOTE this will be happening 3 months earlier than planned, and we are therefore requesting the funding at this earlier stage</li>
<li>funding for the in-person hackathon prizes (&pound;10k in DOT)</li>
</ul>

Propose and approve a spend of treasury funds.

- `origin`: Must be `SpendOrigin` with the `Success` value being at least `amount`.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

:

1. A request is made for two tranches of funding totaling £95k in DOT to cover two completed events: an online hackathon and the Decoded hackathon, both of which require payment for hacker prizes. 

2. The funding tranches are proposed for April and July 2023 respectively, with additional funds requested earlier than planned to cover an in-person hackathon at Decoded. 

3. The requested funds will cover: (i) the first online hackathon prizes (£10k in DOT), (ii) running a second online hackathon (£15k in DOT), (iii) running an in-person hackathon at Decoded (£60k in DOT), and (iv) funding for the in-person hackathon prizes (£10k in DOT).

#14 Encode Club Tranches 2 and 3

No Active Proposals