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#67·Florida Blockchain Business Association (FBBA) Sponsorship to Improve Polkadot’s Presence In the U.S.
Proponent: FBBA account: 131S1zdnMfhF1hB4sWornxLvX5SY3c8GhtFPPePUTvhphQRM
Date: September 30, 2024
Requested USDT: 50,000 USDT
Summary: This proposal requests 50,000 USDT to sponsor Polkadot’s involvement with the Florida Blockchain Business Association (FBBA) at the Enterprise level. The sponsorship aims to enhance Polkadot’s presence in the U.S., leveraging connections with blockchain policy advocates, businesses, and government officials to foster growth, improve regulatory engagement, and explore new integrations.
This proposal will leverage the leadership of Angela Dalton, Head Ambassador, expand upon the learnings from Ecosystem Agent Yung Beef (Zach Edwards) and his OpenGov Referendum #675 Improving Polkadot’s Presence In the U.S. With The Texas Blockchain Council, and support Ecosystem Agent James Slusser to improve Polkadot’s presence in the U.S.
Florida currently has the third-largest population in the United States, with an estimated 22.95 million people in 2024. Its economy is the fourth largest in the country, boasting a real GDP of $1.6 trillion as of the third quarter of 2023. In terms of global economic standings, Florida ranks as the 13th largest economy in the world. In the third quarter of 2023, Florida's economy experienced a growth rate of 6.1%, significantly outpacing the overall U.S. economy. The state's economic contributions account for approximately 5.7% of the entire U.S. economy, highlighting its significant influence both nationally and globally.
Following OpenGov protocol I will leave the Pre-Proposal Discussion open for two weeks, followed by the referendum submission. I welcome and appreciate all community feedback, questions and comments, and will request to appear on AAG to discuss further.
Link to the draft Proposal
- A proposal is asking for 50,000 USDT to help Polkadot work with the Florida Blockchain Business Association (FBBA) at a big level.
- The goal is to make Polkadot better known in the U.S. and connect with important people in business and government.
- Florida has a large population of about 22.95 million people and a strong economy.
- Florida is the third-largest state by population and the fourth largest economy in the U.S.
- The proposal is led by Angela Dalton and aims to learn from previous efforts to improve Polkadot's presence.
- There will be a discussion for two weeks where the community can give feedback before the final submission.
- A link to the draft proposal is available for everyone to read and review.
This is unbelievably wasteful. We shouldn’t even consider this as a community. Requesting $50,000 to sponsor an event just to slap a Polkadot logo on a barely-known website with a tiny email list and an audience of maybe 50-100 people for each meeting/presentation is absurd. Can anyone point to one concrete benefit this brings to Polkadot that justifies such an inflated cost? I’ll wait.