Polkadot Launches Treasury To Finance Community Projects

News • 2020/09/20 • by
remitano

A blockchain firm Polkadot has started their treasury to finance offers from innovators in the community, and several proposals have been tendered so far.

The firm is the newest to commit back to its innovator group. The firm's platform, which the chosen group council members handle, will finance many group programs.

The platform has gotten many offers, which include developing infrastructures, development of software, and operations programs.
The offer to get financing can be tendered by those who have the DOT coin, and it will be authorized by their potential to give support to the system.

Asides financing, the platform will also support the making of contents, educating videos related to the firm.
To submit an offer, 100 DOT is required, this is to prevent unsolicited offers and offers that are not of good quality. The 100 DOT will be given back to users as soon as their requests are authorized.

Source: Cointelegraph

Comments (4)
Guest
freshprinx
6 years ago
This will encourage more innovators
exodusab
6 years ago
by doing so it will build confidence in the mind of the holdes
visiblemoney
6 years ago
That is the giant step towards crypto self sufficiency as against launching ICO, ECO, Defis and many other programs targeting community fund raising.
atikarani14
6 years ago
Good project 👍

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