https://polkadot.subsquare.io/referenda/1853

Summary

We are requesting 1 DOT — not as funding, but as a community signal vote.

plaza.fun is a fair-launch meme token platform built natively on Polkadot Hub. We're asking one simple question:

Does the Polkadot community want native meme infrastructure on the Hub?

Vote AYE if you believe Polkadot Hub deserves a thriving meme culture. Vote NAY if you don't. Either way, we'll keep building — but we'd love to know where you stand.

What is plaza.fun?

When Robert Habermeier proposed the Plaza, he envisioned a hub waiting to come alive — "the New York City, Dubai, London, or Shenzhen of the Polkadot continent."

Every great city needs a marketplace. We're building the meme marketplace layer for the Hub.

plaza.fun lets anyone launch a meme token on Polkadot Hub through a bonding curve — no presale, no team allocation, 100% fair launch.

What Makes It Different

🔗 Native Assets, Not Contracts — Tokens are issued via pallet_assets at the runtime level, not ERC-20 contracts. In practice, this means assets live directly in the Polkadot runtime, with fewer moving parts, lower overhead, and native access from both Substrate and EVM tools (MetaMask, ethers.js — everything just works).

🌉 XCM-Ready From Day One — As native pallet_assets, tokens are built for cross-chain. No bridges, no wrapping.

🔥 Burn & Earn — When a token graduates to DEX:

• 90% of LP is burned — Liquidity permanently locked. Rug pulls via LP removal are structurally impossible.
• 10% of LP is locked — Creator receives a transferable FeeKeyNFT, earning DEX trading fees indefinitely.

On most meme platforms, creators dump and disappear. On plaza.fun, the rational move is to build a community — because your earnings grow with volume.

Because 90% of LP is burned and 10% is locked, creators cannot drain liquidity after launch — the usual rug-pull vector on meme platforms.

A Note on Risk

While plaza.fun focuses on memes and culture, it is not investment advice and does not change the fact that meme tokens are highly speculative. Our goal is to provide safer, transparent infrastructure — not to encourage reckless behavior.

Current Status

This isn't a whitepaper. Contracts are deployed and verifiable on Polkadot Hub TestNet:

Verify everything on Blockscout.

What's Next

• ✅ Smart contracts deployed on TestNet
• 🔜 Block Party #0: Genesis — Public testnet launch (March 7-16)
• 🔜 Mainnet launch on Polkadot Hub (after sufficient public testing and audits where applicable)
• 🔜 Progressive open-sourcing of core components as the platform matures
• 🔜 Multi-chain expansion

Why 1 DOT?

This is not a funding request. We are not asking the treasury to finance our development.

We're asking for something more valuable: your signal.

A passed referendum publicly signals to builders, creators, and users that meme infrastructure is a first-class citizen on Polkadot Hub. It's a statement of intent — from the community, for the community.

The 1 DOT is purely symbolic and will not be used as development funding. Your vote is what matters.

Links

• 🌐 plaza.fun
• 🐦 @plaza_fun
• 👤 @elvis_build (Founder)
• 💬 t.me/plaza_fun
• 📄 Full Introduction on Polkadot Forum

TL;DR

plaza.fun = fair-launch meme platform on Polkadot Hub, with Burn & Earn creator economics. Contracts are live on TestNet. We're requesting 1 DOT as a community signal — vote AYE if you want meme infrastructure on the Hub.

Memes will exist with or without plaza.fun — this referendum is about whether Polkadot Hub provides native, transparent infrastructure for them, instead of pushing users to external, riskier venues.

Don't fund us. Vote for us. 🗳️