[MS] - DOT #1289 Fuelarts x BitBasel | Creative Tech Accelerator for Polkadot
Ended 5d 21hrs ago
closed
Description

https://polkadot.subsquare.io/referenda/1289

Summary of Proposal: Fuelarts x BitBasel | Creative Tech Accelerator for Polkadot
This proposal seeks $300K USDT to fund the Fuelarts x BitBasel Creative Tech Accelerator, aiming to strengthen Polkadot's position in the creative economy and attract utility-based startups to the ecosystem. Fuelarts, a seasoned blockchain accelerator, and BitBasel, a Web3 and digital art leader, will collaborate to onboard innovative startups across industries such as art, music, fashion, and gaming. The program will focus on addressing gaps in Polkadot's creative ecosystem, such as production, management, and analytics, while leveraging cross-industry intersections (e.g., fitness + GameFi) to create impactful solutions. Key objectives include expanding Polkadot's US presence, integrating Web3 tools into Web2 industries, and reducing reliance on treasury funding by reigniting investor interest in Polkadot-based startups.

Optionssingle

Votes·6

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Nay
# 2
1. Objective is not clear to me 2. Listed objectives are not what polkadot need at current phase 3. Starting from small amount first is better
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1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w
Nay
# 2
I think it's not the right time yet for a vertical-specific accelerator, for two reasons: a) Polkadot should decide which verticals to target first, and b) Given the target companies are so far up the stack, e.g. application level, I think Plaza should be in place also to add to the network effect there.
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Aye
# 1
We support efforts to bring more founders into the ecosystem. However, we also had some concerns: it’s a "lot" of money simply to guide startups. It might make more sense for startups to join the PBA for free, where they could receive tailored support. Another concern is the type of startups they’re targeting. These are companies with an existing product-market fit, real users, and often revenue. Typically, these startups are looking to scale and need funding to grow rapidly. But would they completely pivot their technology stack to migrate to Polkadot?
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# 2
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Nay
# 2
They could tap into Kusama and use Kusama is a perfect fit for this venture.
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Nay
# 2

Discussions·0

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Information
Snapshot
Timestamp
Created
Nov 24 2024 05:28
Start date
Nov 23 2024 21:00
End date
Nov 30 2024 21:00
Results
Voters
6
one-person-one-vote
Aye
1 VOTE
 
Nay
5 VOTE
 
Abstain
0 VOTE
 
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