Type:
media

Amount Requested:

21219.12 DOT

117856.29$

Proposed on:
Nov. 12, 2023
Proposal Awarded on:
None
Expected Delivery
Dec. 18, 2023
Actual Delivery:
None

Status:

In progress – on time

Altcoin Daily - High impact Polkadot media promotion

by ALTCOINDAILY

Summary:

We are pursuing funding to produce three videos that we anticipate will provide significant value to our audience and effectively showcase Polkadot, ultimately generating a substantial impact within the current Polkadot community and enhancing the brand's visibility. After all, what is a brand with exceptional technology if it lacks a thriving user base?

Current Progress and Comments:

Another media proposal that was accepted by the Autonomous Marketing Agency (AMI) and with the controversial Kryptoschain as its agent. It appears that the content creator is not that involved in the governance process but it seems like the Altcoin daily team agrees with the terms that KryptosChain / PolkaMarketing is giving considering the disclaimer on the proposal: “The agency's role includes advancing the Polkadot marketing narrative and overseeing the entire process on behalf of AltcoinDaily.”. Moreover, the 10% fee is something that has become controversial, as these proposals seem to have little to no effort on the agent’s side. With referendum 255 being approved, Kryptoschain/PolkaMarketing would have successfully earned 2, 10% finder’s fee from two proposals which have had a copy paste text and low effort in governance. More importantly, this channel will be receiving 110k – 10% finder’s fee, for just the delivery of 3 videos.