Referendum #358

Virto team Q2

Medium Spender
9mos ago
3 Comments
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Request
3,333KSM
Status
Decision14d
Confirmation1d
Attempts
1
Tally
80.9%Aye
50.0%Threshold
19.1%Nay
Aye
134.34KKSM
Nay
31.63KKSM
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support(0.23%)
33.33KKSM
Issuance
14.49MKSM
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Do you have any DAO's planning to use this?

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Thank you for your proposal, it looks very interesting and promising.
I read the previous proposals and documentation , here is my concerns:

  • You already spend 282,785$ what is the results for Kusama and/or Polkadot ecosystem?
  • You are building case for businesses why Kusama Treasury need to finance 100% of your expenses?
  • There is no MVP and proved interest from the community , you ask 60K per month with no proof of efficiency.
  • On my point of view , you need to approve the interest and find clients for the MVP you build, or approve the reasons of such a big spendings. Its not looks like small experiment now. I dont see the reasons why Kusama Treasury need to finance full development of product that have no proved benefit for the ecosystem.
  • You already got funding , I monitor Polkadot/Kusama space on daily basis but I dont see mentioning and interest across the community. You asking a lot, it need to be proved demand from the community for this product. Maybe it make sense to spend some efforts to increase the awareness about the product you build.
    Sorry I vote NAY!
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