Adoption, metrics, treasury spending and ROI - open discussion thread

Standardising on-chain metrics

Demonstrating more effective treasury spend ROI when related to on-chain metrics

Based on discussions so far around the podcast proposal and on AAG this is moving in a direction where there will be an ROI requirement in all future Kusama treasury proposals.

Every proposal is different, and so this ROI can be outlined differently, but given the large spend so far on general marketing initiatives and content production with success based on legacy social media metrics, there is an inevitable move towards assessing proposals on their ability to drive on-chain adoption and valuing and rewarding them as such.

You can continue this discussion in Kusama Direction. Alternatively you can join metaKSM a space that aims to bring chaos back to Kusama.

Trustless mechanisms for performance related proposals, spending and rewards

How this achieved is up for discussion and relies on the first two areas. It is in some ways a parallel/adjacent stream of work to @shawntabrizi’s A Better Treasury System.

Again - if you have thoughts, ideas of talents to contribute here - great.

Diversifying funding sources by onboarding external public innovation patrons

This relates to any relationships with external orgs who may want access to the sort of tech and talent this ecosystem has in abundance. We have connections in media, government and consumer hardware but are also trying to join the dots to other W3F initiatives such as Cogency.

If you or anyone else has relationships with external groups who you think could benefit from access to talent and tech here, then that’s a definitive way to help.

Smoothing the innovation process

This is being worked on via Root - now with the Polkassembly team - and W3F (hoping grant approved soon).

This will itself likely become a governance focused R&D collective - contributions welcomed in metaKSM.

The aim is to rethink the whole proposal / voting process, UX/UI from first principles to make it more open, collaborative and productive for all involved. Right now its an increasingly bureaucratic and politically charged system that is simply not scalable (or fun) for most people, let alone newcomers.

Seeding talent and their ideas at their most delicate

Figuring new basic funding models for stream funding innovation at low levels is a big question mark. Ideas there would be useful.

This is not tipping, it’s not bounties, nor treasury props. Its closer to the sort of drip fed funding that Kappa Sigma Mu receives via the burn. See Rethinking The Burn thread.

ideas welcome here…

Kickstarting agile delegation to emergent proposals

This is again work underway with Root and Polkassembly team, but there are many areas that will need to be figured out - discovery of collectives, user experiences - completely new wallets since this isn’t gonna work well within Nova etc.

Loads to think on here.

Oh, ways to innovate around egg boxes :slight_smile:

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