<img src="https://i.ibb.co/yqbHJZh/Banner-Teddytw.png" alt="" width="639" height="213" />
TL;DR
Lucky Friday seeks a medium spender disbursement from the Polkadot Treasury in the amount of 45,074 DOT in order to improve the Teddy DAO product and co-market it alongside the Polkadot brand. The requested amount will be delivered to, and administered by, a multisig account. Once received, Teddy DAO can use these funds to directly support the future development of the project as well as marketing initiatives aimed at bringing new users to the Polkadot ecosystem, including traditional Web2 donors.
All details regarding our team, its past achievements, as well as the plan for how we will use the funding can be found in the complete proposal <a href="https://docs.google.com/document/d/1c_Anh4Cll-W_6csfGGUiIWkBG47k0kkuyLVV9mcGm9M/edit?usp=sharing" target="_blank" rel="noopener">HERE</a>
Key highlights from the proposal:
<ul>
<li>We have partnered with JustGiving, one of the largest online donation platforms in the world that has raised over &pound;6bn for charity</li>
<li>100% of funds are used to support charity; 1.9% B2B fee goes to JustGiving for payment processing, and the remaining 98% goes to the charity of the donor&rsquo;s choice The Teddy DAO Foundation is a registered 501(c)(3)</li>
<li>With nothing beyond organic marketing, Teddy DAO has already raised nearly $13K and seen 4 new users to the ecosystem win a Teddy as well as multiple others joining the community to learn more about the ecosystem</li>
<li>Our all time high donation thus far was 5000 GLMR or ~ $1200 USD at the time&nbsp;</li>
</ul>
We are ecosystem agents who believe in the power of Polkadot and its future promise. We believe that Teddy DAO has the potential to become the most widely recognized brand for charitable giving in all of Web3, and we hope the token holders will help us accomplish this mission on behalf of our entire community.
Thank you in advance for your consideration, comments, and support.
Gratefully,
The Lucky Friday Team

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.

- Lucky Friday wants to get money from the Polkadot Treasury to improve their Teddy DAO product and promote it with the Polkadot brand.
- They want to get 45,074 DOT from the Treasury and use it for the development of the project and marketing to bring new users to Polkadot.
- They have partnered with JustGiving, an online donation platform, and all the funds raised will go to charity.
- Teddy DAO has already raised $13K and gained new users without any paid marketing.
- They believe Teddy DAO can become a well-known brand for charitable giving in the Web3 community.

#155 Polkadot & Teddy DAO: A New Way to Leverage Charitable Giving in Web3

No Active Proposals