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Tip for 2023 Treasury Budget Analysis
Proposer: Polkalytics
Contact & Beneficiaries: @alice_und_bob on Twitter / Telegram, @xcjeeper on Twitter
Requested DOT: 952 DOT (6,000 EUR at 7-Day EMA of 6.3 EUR/DOT)
Overview
This is a retroactive proposal for providing a Treasury spending report from the launch of Polkadot Governance until 2023 Q3. Included are the Treasury Report, accompanying tables, and an open-sourced Python Jupyter Notebook to reproduce the results. The Treasury Report was picked up by several news outlets, including Binance, Coinmarketcap, BigGet Exchange, and others.
The Report
Our report provides a structural perspective on the management of treasury funds and paving the way for a more proactive approach to future spending proposals. The report also shows that popular assumptions on treasury spending such as ‘marketing being the biggest category of spend’ are mainly based on misinformation.
Media Impact
As an unexpected consequence, our report got very positive attention from multiple big news outlets and not only contributed to the systematization of treasury processes but also helped Polkadot in terms of marketing by relaying the message of “Polkadot is supporting development and growth with increasing treasury spending”. The report reached way outside the Polkadot bubble and increased awareness of the ecosystem. After a reporter picked up the report, several news agencies shared the report as news on their platforms. The news platforms that published the report are included but not limited to:
Open-Sourcing the Data & Code
We published the parser and accumulated data on Github: https://github.com/Polkalytics/treasury-reports
Discussion
Polkadot is the biggest DAO on the earth and we think it will require systematic planning and documentation on important issues such as treasury spending. Our initial report on treasury spending is a great example of how we can approach this in an analytical way that is based on truth. But to lead the conversation about how future spending is best coordinated, we have proposed a way towards a Treasury Budget.
Polkadot Forum: Towards a Treasury Budget
Outlook
We look forward to providing follow-up reports that show developments and react to community feedback to provide further insights. We expect to publish quarterly reports.
Cost Breakdown
We are requesting this tip to compensate for the time and effort spent on the development of the report at the hourly rate of 125€/h.
| Cost Components | Amount (EUR) |
|---|---|
| Preliminary Research, and Planning | 500 |
| Tooling | 500 |
| Fetching and Categorization of the Data | 2500 |
| Analysis and Reporting | 1500 |
| SUM | 5000 |
| VAT | 1000 |
| TOTAL | 6000 |
About Polkalytics
Polkalytics is an analytics boutique that offers data-driven reporting and consulting for Polkadot. Polkalytics builds a Google-scale analytics service for Polkadot. The first product is Polkadot Account Reports: Personalized Reports that enable people and businesses to file their taxes and gain insights into their Polkadot activities.
Polkalytics was founded by Tommi Enenkel, commonly known as Alice und Bob (Twitter, YouTube, LinkedIn). Alice und Bob founded ChaosDAO and received Polkadot and Kusama Treasury tips for content and software contributions in the past. (Blockspace video, aUSD incident analysis, Subscrape Open Source Release, Dotsama Growth)
Requested
Proposal Passed
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