Polkassembly Logo

Create Pencil IconCreate
Chat with KlaraComing Soon
OpenGov
View All Medium Spender

POLKADOT IRL CAMPAIGN #5 - POLKADOT X LYFT NYC

inMedium Spender
2 years ago
marketing
advertising
Executed

**POLKADOT IRL CAMPAIGN #5 - POLKADOT X LYFT NYC
**Presented by CultureDot - 08.04.2024

Image*Actual Digital Boards of Vehicles.

****THE PROPOSAL
****After months of preparation, we are proud to announce that the second largest ridesharing app in the USA, LYFT Inc., has agreed to run Polkadot advertisements for both Mobile In-App Campaigns and on Digital Displays that sit atop the famous Yellow Taxis of New York City.

Image

With a resident count of 1.64M (Manhattan) / 8.33M (5 Boroughs) and a forecasted visitor count of 69.6M per year, New York City becomes one of the most sought after places in the world for advertising spend, and we are ready to place Polkadot in the centre of it all.

_Image_THE CAMPAIGN

This campaign will be split into two parts: Mobile In-App & On-Taxi Display.
The Ads will run simultaneously for the entire duration of the 3 Month contract.
Tracking & insights will be available from In-App Ads from over 1M+ LYFT users.

**Mobile In-App
**- 3 Months in Duration
- 1x Static Placement
- 12% Share of Time

Image

Ad clicks open in a separate window and remain in the browser even after the ride has ended.
Statistics show passengers spend over 4 minutes per ride on their mobile phone.
Using In-App location targeting, exposure will be amplified for areas with a high concentration of tech & finance professionals.

On-Taxi Display
- 3 Months in Duration
- 1x Animation Across 900 Digital Screens
- 12-14 Seconds Per Animation
- 25% Share of Time

Image

Using LYFT company reported metrics, we expect to land over 20M+ visual impressions from On-Taxi Displays.

Both the Digital Ad & Animated Ad will be created by the professional design agency, Algo SRL who we have previously collaborated with in previous projects.

Upon completion of the campaign, we will have an option to renew based on availability.

**AD GROUPS & TARGET DEMOGRAPHICS
**- Local NYC Residents
- Local NYC LYFT Users
- International NYC Travellers
- International LYFT Users

-Conference Attendees 
● Coinbase: State of Crypto Summit
● Blockchain Tech Summit
● Development of Blockchain Games Conference
● North America Financial Information Summit
● Techspo New York
● Future of Finance & Digital Currency
● BattleFin Digital Assets: Alpha + Capital.

**THE ASK
**We are requesting a total of 31,352 DOT ($189,680 USD) at a price of $6.05 (WEEKLY MA 200) to cover the following:
● AD Campaign - 24,795 DOT
● Graphic Design - 1254 DOT
● Agency Fee - 3907 DOT
● Maintenance Fee - 781 DOT
● Incidentals / Misc - 615 DOT

Due to market volatility and hard costs of the advertising campaign, we are requesting funds below market price to offset any heavy drawdowns, which puts the contract at risk.

Any funds sold above the price of $6.05 will be returned.
Any funds sold below the price of $6.05 a tip request will be made to balance the difference.

CONCLUSION & NEXT STEPS
Upon approval of this proposal, funds will be immediately converted to USD / EUR in order to pay vendors for their services.
For any reason the project does not move forward, distributed funds will be returned where applicable.

Thank you for your consideration.
CultureDot.

COMMUNITY NOTES

IRL ADS Proof of Concept
— Berlin Taxi https://x.com/CultureDot1/status/1745517910771069207
— Toronto Billboards https://twitter.com/CultureDot1/status/1746746896297681292

Graphics by Algo Design Studio https://algo.tv/

Concept & Proposal by
● Farris Popat (Juba K) - CultureDot // Cigcola Inc.
● Michael Bufano (Mike B) - CultureDot

Polkadot X Lyft NYC Project Reports Folder: https://bit.ly/4cNAYxK

MultiSig ID - 158sHoKeq7ZesHMLcp2MkxFQpd7caEW6Rcy1md3AK1fuX8ak (Deposit Address)

Proposer ID - 15wuStiU3csCRdJgbztubxFFSpsdhRApUzmKWtBderKtd43G (CultureDot Address).ImageImageImage

Comments (6)

2 years ago

First and foremost - thanks to all the voting community for their consideration. We believe these partnerships are a very important step of connecting real world businesses to Polkadot. To put it into perspective - Lyft is a publicly traded company with a 7B Market Cap. Not only are we gaining massive brand exposure through this collaboration - we open dialogue with a company of this scale as both customers and prospective business associates. Projects like these have the opportunity to open many doors, including possible integrations, as they will now have (if this ref. passes) Polkadot as a client. We are knocking on the front door. It's only a matter of time before they let us in. Juba

2 years ago

Body text of Polkassembly seems to be glitching.

Direct Link to Proposal can be found here: 
https://drive.google.com/drive/folders/15va4vI0aZLhjvzefNuc5t-C8W0vsGRAS

CD1

***Issue has since been fixed***
Thank you @Polkassembly

Load more comments
PleaseLogin to comment

Requested

DOT
31.35K DOT

Proposal Passed

Summary

0%

Aye

AyeNay

0%

Nay

Aye (85)0.0 DOT

Support0.0 DOT

Nay (27)0.0 DOT

Help Center

Report an Issue
Feedback
Terms and Conditions
Github

Our Services

Docs
Terms of Website
Privacy Policy

A House of Commons Initiative.

Polka Labs Private Limited 2025

All rights reserved.

Terms and ConditionsTerms of Website
Privacy Policy