Hi, friends of PermanenceDAO!
Thank you for your feedback. I hope that by providing some more information, I can help you better understand our influence and the role we play in the Asia-Pacific region or within the entire Polkadot ecosystem.
As the only institution in the Asia-Pacific region that focuses on the research of the Polkadot ecology, we have enabled everyone to truly understand the value of Polkadot and the advanced nature of technologies such as Substrate and JAM through in-depth content presented in an easy-to-understand way. Most of the people who enter the Polkadot ecosystem through our content are real builders and users who are willing to contribute to the Polkadot ecosystem in the long term, rather than just speculators trading DOT. This is why many developers, project teams, whales, and institutions like our content.
So, what are the effects of this?
Firstly, for Polkadot holders, over the past few years, we have accumulated nearly 800 very core Polkadot users. They hold at least more than 2 million DOTs, and many large holders have held their DOTs for more than 3 years. You can see this from the Aye votes for our Treasury proposal. They directly gave us a Vote Multiplier of 6, and the staking period is more than 200 days. Let me ask , if they didn't have confidence in Polkadot and our work, why would they choose to vote for such a long time? Even now, this is still a value of nearly 10 million dollars. Perhaps this is the best feedback and proof of our content creation over the years. This is only under the premise of the current poor market situation. If it were around 2021, the number of DOTs supporting us might have increased several times.
Secondly, from the perspective of the content itself, we have successfully published an article on the official Medium of Polkadot, and we are also the only Asia-Pacific research institution that has published content on the Polkadot official Medium's Publication. In addition, our content has been recognized by professional institutions such as Scytale Digital, IOSG, and Arkstream Capital. It has also been recognized by figures in the Polkadot ecosystem like ET, the curator of Market Bounty, the Polkadot Reddit and Discord moderator, greenhatter, and the official Spanish account of Polkadot. Moreover, it has received appreciation from some well-known projects in the Polkadot ecosystem such as Bifrost, Phala Network, Astar, Moonbeam, SubWallet, and CESS Network. I think this is the best feedback on the quality of our content.
Thirdly, in terms of data, some time ago, we wrote an article about why we should be optimistic about the development of Polkadot in 2025. This article received more than 5,200 views on the WeChat official account, which is several times the average view count of our regular articles. At the same time, the average view count of the official WeChat account of the Sui Network was only seven or eight hundred. So, we definitely have the ability to trigger the market's attention to Polkadot and boost everyone's confidence when Polkadot is developing well, and accelerate the participation of more users in the Polkadot ecosystem. We were able to achieve this in 2021, and this recent article has once again proven that we are equally capable of doing so now.
In terms of importance, I hope everyone can understand that the Chinese-speaking region is of great significance to any cryptocurrency project. Currently, the Asian region is a key development area for major public blockchains and well-known exchanges because this region will provide them with top-notch developers, users, and liquidity, making it a market they must compete for. After all, according to the spot exchange rankings on CoinmarketCap, 7 out of the top 10 exchanges have a background from the Chinese-speaking region. This shows the importance in terms of real money.
Finally, I'd like to say that we have spent most of the past six years contributing to the development of the Asia-Pacific market. We actually only started to focus on the overseas market and building our influence overseas last year, which has led to overseas users having limited knowledge about us. That's why most of the Nay votes come from the overseas market. In the coming year, we will also devote more efforts to building the overseas market. However, in terms of the Chinese-speaking market, there are so many people supporting us. I hope you can consider this from the perspective of the Chinese market and think about why they are so willing to support us.
I firmly believe that all global Polkadot users should share the same goal, which is to build a better Polkadot. Therefore, I hope you can also support us and the Chinese-speaking market.
And regarding the concern about the upfront payment, I have to say: At present, the mainstream application method for the Treasury has always been upfront payment, a practice that has been used up to now since the Governance 1.0 era. We have not yet encountered other mature alternatives, but we are more than willing to try new approaches if they emerge.
Additionally, we initially provided high-quality content for free for six consecutive months before gaining official recognition and passing the Treasury Council's review, at which point the upfront payment funding model was confirmed. Since then, we have secured Treasury support eight times in a row, each time successfully fulfilling our commitments. If you examine the timeline of our applications, you will notice the duration has gradually increased from one month to three months, six months, and now 12 months. This progression reflects the Council's growing recognition and trust in us, and we were actually guided by Parity's Raul to consider extending the application period.
Therefore, there is currently no better-established mechanism in place, and our delivery capability has been validated eight times over. Therefore, we believe it is appropriate to adopt the same approach as before.
The above is our explanation. We hope that through this information, you can understand the results achieved by our actions and have your doubts clarified. You are also welcome to raise more specific questions at any time in the link to your internal vote. We will pay close attention and actively respond to your questions. Thanks.