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Polkadot & Teddy DAO: A New Way to Leverage Charitable Giving in Web3
Lucky Friday seeks a medium spender disbursement from the Polkadot Treasury in the amount of 45,074 DOT in order to improve the Teddy DAO product and co-market it alongside the Polkadot brand. The requested amount will be delivered to, and administered by, a multisig account. Once received, Teddy DAO can use these funds to directly support the future development of the project as well as marketing initiatives aimed at bringing new users to the Polkadot ecosystem, including traditional Web2 donors.
Current Progress and Comments:
TeddyDAO initially during the discussion period proposed a loan which would have yielded the funds needed for the operation but after some tuning, they decided to go for the regular amount without a loan. So there was no resistance for funding this project which would be a flagship product for the ecosystem. Their MVP being published before the proposal was a massive plus that weighted in in favor of this project.
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