Proposal Summary

We propose to run $144K in Twitter ads in the end of Dec 2023-Mar 2024 timeframe to:

1. Increase awareness of On-brand Polkadot narratives :

 

 

• DOT 2.0 BUSINESS IS ABOUT CORETIME: cf Lastik

• DOT 2.0 IS BREAKTHROUGH TECH: cf PolkaVM, CoreJam

• DOT ECO HAS GREAT REWARDS cf Polkadot Staking APRs

• DOT IS FOR THE ENTERPRISE: cf Mythical, Frequency, EnergyWebX … and by Parachains

• DOT IS A STARFISH NOT A SPIDER: cf Fillipo + Decentralized Futures

• DOT SUPPORTS USERS + PARACHAIN GROWTH: cf KodaDot, Apillon

 

 

1. Generate engagements on Polkadot Twitter Account (presently 1.4MM followers), Polkadot Parachains, and select Polkadot True Believers (see Appendix B)

Campaign Summary

The Campaign will be run as follows:

• Ad Spend: $144K [80.9%]

• Strategy: Learning / Experimentation Oriented, Optimizing for Cost Per Follower

• Time Period: Min 6 Weeks, Max 12 Weeks (late Dec 2023 until April 2024). Campaign End date extended due to delays in @polkadot approval.

• Campaign Target: English-Speaking Countries ( US, CA, GB, IE, AU, NZ), Selected Influencers + their followers (see Appendix C), Followers of other ecosystems (see Appendix D)

• Campaign Management Systems: Twitter Ads (Direct) and Addressable.io - We use two campaign management systems to A/B Test and learn the value of Addressable.io’s Web3-specific behavior targeting system targeting crypto users compared to running campaigns directly with Twitter Ads.

Value to DOT Holders:

1. Increase awareness of On-brand Polkadot Narratives via Twitter Channel

2. Increase the number of engagements of the main Twitter Polkadot account and Polkadot parachains (85%) and Polkadot True Believers (15%)

3. Demonstrate Decentralized Marketing: (1) funding from OpenGov (2) run by the community rather than ecosystem leader Parity;

Proposal Details: COMMUNITY INVOLVEMENT REQUESTED

Requested Amount: 35,395 DOT ($178K with EMA30 $5.029/DOT)

FULL PROPOSAL DETAILS

Updates

• Week of January 15/22, 2024: With the help of Evan Thomas, secured W3F Legal+Security support for Polkadot promotion
• January 30, 2024: Started running traffic with @polkadot sourced tweets
• February 10, 2024: 2/10/24 Transparency Report #1
• April 2, 2024: Dune Dashboard covering activity until 3/31/24
• April 27, 2024: Dune Dashobard update covering activity until 4/30/24 finalized