[MS] DOT #1518 - Incognitee: Privacy Sidechain on Polkadot Asset Hub (Retroactive)
active
Description

https://polkadot.subsquare.io/referenda/1518

  • Integritee has created a special technology for private transfers on Polkadot Asset Hub.
  • This technology supports several digital currencies like DOT, ETH, and USDCe.
  • You can use this technology at a website called Incognitee.
  • A proposal is asking for funding from July 1, 2024, to March 31, 2025.
  • They want to receive about 201,140 USD or USDT.
  • They plan to pay back the money with part of the fees they earn from the technology.
  • They will send back 30% of their earnings to repay the funding.
  • There are several links to videos and documents for more information.
Appendants
1
#1
4d ago

🟢 5 • 🔴 2 • ⚪️ 2
Vote #1: AYE
No CoI reported. DV delegation exercised.
https://polkadot.subscan.io/extrinsic/25628283-2
https://polkadot.subsquare.io/referenda/1518#2

Cast your votesingle

Votes·10

167Y...TY9F
167Y...TY9F
167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F
Aye
# 1
This is being developed with the goal to make it a common good service.
13ED...KQbF
13ED...KQbF
13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF
Aye
# 1
This is a common good service although we would like to see a public API available for this so that it can be used in a more functional way. The only thing this currently serves is web3 degen users.
1ZSP...vx6w
1ZSP...vx6w
1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w
Nay
# 2
Before funding this, we need more information: It's not clear what the total investment would be to get this to an initial production state, and what consumer adoption would need to be in order for this to break even. Also, if the treasury is funding the full cost of production, then how are the 70% of earnings being used before the treasury is repaid? Given past proposals have also been soft loans, can you provide an accounting of what money has been loaned by the treasury, and what amount has been paid back so far via fees?
1xzc...1bX6
1xzc...1bX6
1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6
Abstain
# 3
We think this could be interesting, since privacy is important. However, we would like to know how many future proposals the team pans to do. That will help us understand the potential total cost involved. High costs are justified if the value/benefit is also justified.
14gM...deVb
14gM...deVb
14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb
Nay
# 2
It looks important but I think it's a time for the team to prove what they build is what polkadot need, or what they build is in right way or direction.
12s6...nE8h
12s6...nE8h
12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h
Aye
# 1
Incognitee is currently the only live privacy solution on Polkadot. While we agree that long-term sustainability and repayment mechanisms should be clarified further, this proposal helps enhance the utility of Asset Hub by supporting key tokens like DOT, ETH, or USDCe and fills a major gap in the Polkadot tech stack. This is a necessary experiment, and given that the team commits to returning 30% of the revenue, it’s reasonable to support this as a public good at this stage. Utilization of Asset Hub is one of the goals we follow.
12Hi...E9N3
12Hi...E9N3
12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3
Aye
# 1
Seems like a very sensible ask given where the project is and the work that's been done so far. It still hasn't been adopted by the community it seems so there is definitely quite a lot of work to be done on that part, marketing and raising awareness.
12Kt...DCoJ
12Kt...DCoJ
12KtA8mtfsK1CyQb4utLiwG3ao22z77w2cM2GqnaL2RiDCoJ
Abstain
# 3
Privacy is an important area for Polkadot, and this proposal touches on that need. I think the concept is interesting and worth exploring. However, there’s still a lack of clarity around previous loans and repayment details, and I’d also like to better understand how many future proposals the team plans to submit. That would help clarify the potential total cost, which is easier to justify if the long-term value is clear. The request itself seems reasonable given the current stage of the project and the work done so far. While community adoption hasn’t happened yet and more effort is clearly needed on awareness and marketing, I’m optimistic the team can revise the proposal to address the missing context before the end of the voting period. That would help the community make a more informed and confident decision.
15fT...yBzL
15fT...yBzL
15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL
Aye
# 1
It's a well documented open-source project. The main developer is present in the community, and is looking very committed to the solution. Other members noted that this is the only privacy solution in Polkadot. I think this work should be supported. I agree with other members that the usage should be improved, but maybe it's also us who should be trying out these solutions and advertising them in the community. Aye.
14Gn...YLEh
14Gn...YLEh
14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh
Abstain
# 3

Discussions·0

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Information
Snapshot
Timestamp
Created
Apr 07 2025 15:16
Start date
Apr 07 2025 00:00
End date
May 07 2025 00:00
Results
Voters
10
one-person-one-vote
Aye
5 VOTE
 
Nay
2 VOTE
 
Abstain
3 VOTE
 
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