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Cancelling DED Tech Proposal, and Deferring to DED Bounty Fund

inReferendum Canceller
2 years ago
Timed Out

After discussing with the other members of the DOTisDED team, who initially provided feedback and supported this referendum, have later pivoted referendum funding strategy based on community sentiment from a proposal by proposal approach to a DED Bounty Fund.

The community feedback has lead to Referendum #556.

I agree DED cannot truly succeed with just this technical budget and tentative future contributor proposals that are not well received. Therefore i will cancel this referendum and allow for the DED Bounty Fund #556 to play out.

A DED bounty fund will give DED the best chances of success, while retaining the core value of 100% fair distribution. 

$10m fund to aim for >$1bn value asset, is rational and reasonable odds. Dreaming of a zillion dollar token on bootstrap budget is a bad odds and waste of time and reputation.

Comments (5)

2 years ago

Please note that a decision deposit is necessary for this to enter the Deciding Period. https://wiki.polkadot.network/docs/learn-polkadot-opengov-origins#polkadot-opengov-terminology-and-parameters

2 years ago

Can you help me…I don’t know how many votes I’ve cast. I am am confused

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Requested

DOT
31.20K DOT

Proposal Failed

Summary

0%

Aye

AyeNay

0%

Nay

Aye (84)0.0 DOT

Support0.0 DOT

Nay (39)0.0 DOT

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