Threshold
Thank you for taking the time to understand our vision and for sharing your feedback.
Dear Proposer,
Thank you for your proposal. Our first vote on this proposal is NAY.
The Big Spender track requires 60% quorum according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received zero aye and three nay votes from eight available members, with one member abstaining. Below is a summary of our members' comments:
A range of opinions emerged regarding the proposal to onboard Nigerian enterprises onto the Kusama Network. Comments acknowledged the potential of tapping into Nigeria’s large SME base but stressed the need for a proven track record and clearer evidence of past successes. Multiple voices supported the idea while urging for preliminary work and retroactive validation of the initiative’s feasibility. Suggestions included leveraging government tech grants to match funding and demonstrating capability on a smaller scale before requesting the full amount. Overall, caution prevailed due to insufficient documentation and measurable deliverables, which ultimately contributed to the decision to vote against the proposal.
The full discussion can be found in our internal voting.
Please feel free to contact us through the links below for further discussion.
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Le Nexus voted NAY!
The vision is bold, but the request is oversized and lacks concrete on-chain pilots. We’d welcome a leaner, evidence-first approach proving value through a few SMEs before scaling.
Le Nexus invites you to join our DV Office English channel on Discord to engage in conversation about OpenGov proposals.
Just like we wouldn't recommend any EVM team to build on Moonriver, we at the present time don't recommend building on Kusama due to the lack of support, interest and funding. Kusama currently lacks a role since its discontinuation as the test/alpha chain and it requires a better and renewed approach to consider funding. Teams should only consider funding from Kusama if it's directly provided by the W3F or the services provided are sorely needed for it to work (explorers, wallets, RPC, continued development). Even the latter will be judged case by case.
Disclaimer:
Our modeling includes more than 1000 non-linguistic parameters so these are only verbal observations also included in the vote calculations and they are not an extensive review of the full rationale behind this vote.
Threshold
Had a call with the team to have a better understanding of what they are trying to accomplish and understand the opportunity. Their goals are ambitious, I think they should share more with the community about why they are qualified to deliver on their promises, but overall I'm excited to support them as I'm very aligned with the idea of using Kusama to on-board established SMEs, specially in promising regions like Nigeria. Count with the Virto team also to support on the tooling side to make on-boarding of businesses easier.
Edited