[MS] DOT #1218 Funding the JAMTON Project - Bridging 950 Million Users to the Polkadot Ecosystem

Ended 10d 12hrs ago

closed

Description

https://polkadot.subsquare.io/referenda/1218
JAMTON is a cross-chain layer designed to connect the TON (The Open Network) ecosystem with its 950 million Telegram users to the Polkadot ecosystem. As a Polkadot parachain, JAMTON will:

Facilitate seamless cross-chain communication and liquidity flow.
Enable Polkadot-based projects to access TON's vast user base.
Act as a gateway for TON projects and Telegram users to engage with Polkadot.
Benefits include:

Increased user growth and engagement.
Enhanced liquidity for Polkadot's DeFi ecosystem.
Improved cross-chain interoperability.
Key Deliverables include:

Cross-chain infrastructure.
A fast and secure asset bridge.
Simplified entry for TON users into Polkadot.
A Telegram Mini App for user interaction.
Funding Request:

Seeking 251,660 USDC for development, marketing, and ongoing support.

Optionssingle

Votes·6

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Nay

# 2

12Hi...E9N3

12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3

Nay

# 2

We think the price tag is too big for the offered product.

14Gn...YLEh

14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh

Nay

# 2

It is really a very high amount that is requested for a team that we do not really know its scope and projection. The target metrics they propose seem to me really very complex to achieve, 950 million users is a number that is very difficult to see in any product within the technology sector, so I find it very complex to believe that they will really reach this figure. It would be interesting to see this proposal but with a different approach, with a focus on well segmented milestones and with the accompaniment of a bounty that could follow up on what is delivered. I think the central idea is not bad, but the execution is wrong from my point of view.

1433...pWXn

14333MZvbGkcq5CZ8fYHZiFYwHNDaW3uiErDKMb7oqnupWXn

Nay

# 2

13ED...KQbF

13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF

Nay

# 2

This doesn't guarantee usage on Polkadot. Although the cost is relatively low, the path to increased transactions and liquidity is unclear. In its current form, it's a NAY from PMEI.