https://polkadot.subsquare.io/referenda/1309
AI Summary
This proposal requests a budget of $4,533.88 to reimburse travel and accommodation expenses for attending Web Summit 2024 in Lisbon, where over 70,000 participants gathered, including 3,000 startups. The primary mission was to assess Web2 companies' openness to blockchain solutions and identify opportunities where Polkadot can address real-world challenges. The team achieved significant outcomes, including 100+ conversations, 2 promising governmental leads, and 2 IT company leads. Key insights revealed high interest in decentralized solutions, especially for lowering computational costs for AI companies and exploring blockchain's potential in IT and governmental sectors. The findings underscore the value of hybrid Web2-Web3 solutions and the strategic importance of positioning Polkadot as a leader in solving specific enterprise challenges.
The event demonstrated Polkadot's potential to expand into untapped markets by addressing unique challenges in industries like AI, gaming, and government. Recommendations include developing tailored strategies for future Web2-focused conferences, mapping the ecosystem's success stories, and considering a booth at Web Summit 2025 to showcase targeted solutions like "lower computational costs." This investment aligns with Polkadot’s strategic goals to