PolkaWorld Suspends Operations after Polkadot's Treasury Denies Funding Request

The digital community of PolkaWorld has paused its activities following the refusal of a funding request from Polkadots treasury. This recent decision stirred conversations about the challenges faced by entities seeking funds from the treasury. Previously, Polkadot operated under a governance framework where a council, composed of experts elected by Polkadot (DOT) token holders, evaluated and determined the fate of submitted proposals. PolkaWorld pointed out the effectiveness of this past system, suggesting its integration into Polkadots newly introduced OpenGov platform. In contrast to...

source: https://tokenpost.com/PolkaWorld-Suspends-Operations-after-Polkadots-Treasury-Denies-Funding-Request-10682

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Published by: Book Club
Source: NewsService