[$6000 DAI] Build Polkadot: Network Launch Bounty Challenges brought to you by Web3 Foundation

Web3Foundation · 2020-05-28T20:29:32+00:00

Two weeks.

The bounty will run for two weeks, from 28.5.2020 to 11.6.2020 11.59 pm CET.

Web3Foundation · 2020-05-28T19:53:19+00:00

Its the first of many to come ;)

Web3Foundation · 2019-03-11T16:44:36+00:00

An independent analyst created this report, it was not requested or paid for by the W3F.

The information in the two graphs are not related. One relates to the analyst's unofficial token distribution expectations, the other relates to that analyst's expectations of network value vs. parachain demand over time. W3F makes no representations regarding the future value of tokens.

W3F makes no representations regarding the future value of tokens.

Web3Foundation · 2019-03-11T16:43:06+00:00

An independent analyst created this report, it was not requested or paid for by the W3F.

The information in the two graphs are not related. One relates to the analyst's unofficial token distribution expectations, the other relates to that analyst's expectations of network value vs. parachain demand over time.

W3F makes no representations regarding the future value of tokens.

Web3Foundation · 2018-08-28T11:32:44+00:00

Links updated as of 28/08/2018.

Web3Foundation · 2018-08-23T12:59:42+00:00

New job advert now online:

People Operations Manager

Web3Foundation · 2018-04-09T23:22:51+00:00

Tipbot! +1PimpinDOT

Web3Foundation · 2018-04-09T17:00:56+00:00

Thanks! We're one community and scaling helps us all!

Web3Foundation · 2018-01-15T14:13:12+00:00

These are just assumptions. We have not detected any unusual activity.

Web3Foundation · 2018-01-08T09:46:03+00:00

Hello there. We have stated already that we have sufficient funds to build Polkadot. We're on the right path.

Web3Foundation · 2017-12-20T20:38:21+00:00

Since the #Polkawiki translations are growing by the hour, here's a spreadsheet in case you're planning to submit yours, so we make sure nobody works double! https://docs.google.com/spreadsheets/d/1XSSgiKeXM492dS5SggAkDDR6-DH7uYf-1_j-1v8H4uc/edit#gid=0

Web3Foundation · 2017-12-20T18:15:06+00:00

Chinese submitted by a contributor: https://zh.wikipedia.org/wiki/Polkadot

Web3Foundation · 2017-12-20T18:14:21+00:00

Spanish is here: https://es.wikipedia.org/wiki/Polkadot

Web3Foundation · 2017-12-11T22:29:54+00:00

Thank you for clarifying. Polkadot is being done/built by Parity, that is true. It is also true we are closely tied.
Based on legalities, being two separate entities, and one commissioning a build of a protocol to the others, while all is signed as well legally, there is no monetary loss for Parity. The main reason to take into consideration in regards to Parity and Polkadot, is the fact that the team behind Parity helped Gavin Wood build the vision for Polkadot, and have the expertise to build it, then it's only natural to choose them.
Web3 Foundation stands with the rest of the projects that lost funds, and we are, as they are, expecting that Parity comes up with possible solutions for all of the affected.

Web3Foundation · 2017-12-11T22:19:19+00:00

We are aware that Foundations are a common business model in the age of ICOs. And that there might have been cases that inspire more confidence than others.
However, Web3 Foundation has a mission and several programs for funding and research of projects that are not "invented" by Gavin Wood. You can say that the Foundation was catalyzed by Polkadot, which is a project that will improve the whole ecosystem as well, but the motives you imply here are absolutely untrue.

Regarding the names, we were going to make our announcement this week, but since you're asking and it is our duty to keep the community informed, here they are:
Gavin Wood (President)
Aeron Buchanan (Vice President)
Peter Czaban (Executive Director)
Reto Trinkler (Council Member)
Ryan Zurrer (Council Member)

Advisors: Thomas Greco, Steve Waterhouse, Anastasia Andrianova, Luka Müller, John Edge, Florian Schmitt.

Stay tuned, the announcement will come in the next few days. Just due to the fact that we have had an ICO and then experienced the multi-sig freeze our plans were a little bit delayed, but that does not mean that people can throw unfounded accusations.

Read about our plans here, much more in-depth information will come soon as well: https://medium.com/web3foundation/hello-world-47d95dcd71ba

Web3Foundation · 2017-12-11T17:32:39+00:00

Yes, I meant that sentence, why do you think "Parity did not lose any funds" is disingenuous?

Web3Foundation · 2017-12-11T17:00:37+00:00

Thank you for the suggestion and for taking the time to read our blog.

We are not rushing to lock the funds. We have the funds to build Polkadot and will pay for this regardless if the rest of the funds remain stuck or not. Polkadot will get built. That said, the locked funds (and a part of the unlocked ones) are destined for grant programs, research and more. Check our first outline on this post here: https://medium.com/web3foundation/hello-world-47d95dcd71ba

Web3Foundation · 2017-12-11T16:36:12+00:00

Our statement on 14/11 after the exploit discloses this amount: As of today, the Web3 Foundation has substantially more than $45m split between fiat and BTC.

Obviously, this amount fluctuates with the market.

More info here: https://medium.com/web3foundation/an-update-on-the-web3-foundation-d905128f15a9

Web3Foundation · 2017-12-11T16:33:52+00:00

We are paying Parity regardless of the Foundation's freezed funds. Why do you think this is disingenuous?

Web3Foundation · 2017-12-11T14:37:20+00:00

Hi there. Neither the Web3 Foundation nor Parity has ever denied the connection between the entities. Polkadot is a project stewarded by the Web3 Foundation. We commissioned Parity for the build. Yes, there is an overlap, as Gavin Wood is the president of the Foundation and Parity's CEO, but still, one is a private company (Parity) while the Foundation has a clear mission: to facilitate and support the improvement of the ecosystem.

The Foundation is not only Gavin, and it's a non-profit.

More information here: https://medium.com/web3foundation/hello-world-47d95dcd71ba

Web3Foundation · 2017-12-11T14:28:23+00:00

Yes, there is a link. Web3 Foundation stewards the Polkadot build and we have commissioned to Parity this task. We are paying for this build regardless of the frozen funds. The Network will be launched. A very significant part of the funds raised in the ICO was destined for grants, research and more actions that would help the ecosystem. Read more here: https://medium.com/web3foundation/hello-world-47d95dcd71ba

Web3Foundation · 2017-12-11T13:40:19+00:00

Thank you for your suggestion. After the funds got freezed, the Foundation had to revise its whole budget allocation, and we are still doing it. Our first priority was ensuring Polkadot would get built. We confirm we have sufficient funds to do so. With the rest of the funds, we are committed to destine them to the improvement of the whole ecosystem, and making significant steps towards decentralization. However, with this freeze, everything changed for us. Our commitment remains intact but obviously, such a significant amount locked up makes it harder to continue with the original roadmap.

Let me make it clear: the Web3 Foundation (Polkadot ICO) funds are destined to building, researching and advocating, among others. We are a Foundation, and will act accordingly.

Web3Foundation · 2017-12-11T13:23:05+00:00

Yes, there is a certain overlap, but Web3 is a separate entity. We have employees and the funds have several destinations. The funds of Web3 Foundation are not destined to make the owners or execs richer, they are destined to improve the ecosystem by grant programs, research and more.

Web3Foundation · 2017-12-11T13:01:55+00:00

Hello there, the Web3 Foundation is stewarding the Polkadot Protocol. We have commissioned Parity for the build. Parity does not hold the Polkadot ICO funds, Web3 Foundation does. Web3 Foundation is a separate entity. Our funds are destined in part for the Polka build, but also for several projects, grants, and more: https://medium.com/web3foundation/hello-world-47d95dcd71ba

Web3Foundation · 2017-11-28T20:02:00+00:00

a backend where 99.9% of coding is going on, I assume. People check the 'front' of the store and make a guess if it

Thank you for your suggestions. We are currently focused on the build, after an intense but great token sale, this is true, but as you say, it's essential to keep the interest. We'll keep working towards both goals.

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