View All Big SpenderinBig Spender
Beneficiary:(500K DOT)
Requested:500K DOT
Rejected
Refill for marketing bounty number #33 - 500k DOT
4015 days ago
Marketing Bounty Drama: https://x.com/giottodf/status/1809311849726321033 Reports: https://www.marketing-bounty.com/ https://bit.ly/m/reports It looks like DOT community doesn't like the idea of automatic monthly refills [ref 822] so we are going back to one off refills as needed
Comments (25)
Confirmation Period
3
of 3Decision Period
28 / 28 days
Confirmation Period
0 / 7 days
Summary
0%
Aye
0%
Nay
Aye (45)0.0 DOT
Support0.0 DOT
Nay (148)0.0 DOT
Voting Data
Approval%
Support%
Threshold0.00%
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Nice comprehensive reports. Wen token go up?
Waste of money.... plus considering the amount of current top up requests in the queue (due to the price action, which was not helped by this marketing effort at all), they have to be prioritized in the constrained treasury budget context that we are finding ourselves in.
A treasury that took years to build up has been depleted by more than 50% in just the last few months (in DOT terms), with marketing efforts being the biggest spender (and sell pressure), without returning much ROI. I don't see how this refill can be analyzed as anything else but a net-negative for the ecosystem.
This should not be renewed, not at least until an increase in budget allows for such discretionary spending.
Continuing to fund this will result in the Treasury being completely depleted by entities behind these "marketing campaigns" at the cost of the Polkadot community, with no real return being seen. Data does not lie:
https://polkadot.dotreasury.com/#/proposals?status=awarded&min=100000
Voting AYE for this demonstrates fiscal ineptitude (or malicious intent)