The Kus Public Review & AMA: 2022 - Present

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This forum post serves as a common point to review contracts delivered by The Kus to Polkadot Treasury since January 2022. We have striven to be THE network leader in radically transparent operations with resources to audit past work publicly available along the way!

The Kus is a battle-tested, full-stack production unit - video, graphics, and visual storytelling experts - delivering mission-critical communications for the Polkadot ecosystem.

Kus Broadcasting maintains the public stages where the network’s consequential conversations
occur. Since January, 2022, we have pushed vital signal to newcomers and veterans alike, by platforming hundreds of top builders, thinkers, and doers.

Contracts represent an evolving relationship spanning 4 Spend Proposals approved by Gov1 Councillors, 5 Spend Proposals approved by OpenGov voters, and 10 Grants managed by Bounties.

A full review of the journey can be explored in this doc (v0.5)!

Kus Broadcasting has frequently over-delivered proposed scope while reducing costs to the network - frequently working with a funding deficit.

Every public referendum has been a vote of satisfaction of delivered work and has received >77% support!

All content has been released under Creative Commons licence and is available (with full production cycle) here!

A smattering of public support for proposed contracts over the years can be enjoyed here.

All movements of Kus Treasury assets can be explored here.

Some treasury & invoice activities reflect contractual work with organizations outside of treasury including: Parity, Scytale Digital, Frequency, and various ecosystem events which are not in scope of this review!

We’d love to expand this post to make it more useful to auditors and future Polkadot historians!

Please feel free to ask any questions and we’ll respond by updating this top post or the review document with answers!

We’re eager to answer all good faith questions that abide by the forum’s Code of Conduct. Reservation to answer replies below that violate these rules should not be construed as an admission of … whatever a bad faith reply may suggest.

If you’ve heard (or would like to initiate) rumours or gossip about Kus activities please feel free to inquire below beginning with “I’ve heard…” and we’ll be glad to set the record straight! Heard something? Just ask!

Serving DOT holders via the Polkadot Treasury thus far has been a great (and thrilling) honour. Thank you for the faithful and warm relationship since 2022!

:heart::robot:

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I want to publicly express my support for The Kus and the work they have delivered to the Polkadot ecosystem since day one. Full support.

We need more of The Kus → Vital info for Polkadot People.

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Hundreds of thousands of dollars have been invested in this guy — and what has actually been achieved? Just look at the price. It’s hard not to think that hundreds of thousands of dollars were wasted here.

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Hello. Looks like you clicked the link showing public support over refs instead of the review of contracts link above it.

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Please take a moment to review the material before posting. Even just a cursory view of the review document provided will reveal deliveries massively over scope with 5 public referendum on past work for future agreements, all over 77% support.

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DOT was trading at $26.80 in January 2022 and is around $1.80 today — a 93% decline. Given how much has been spent on you, it’s fair to question whether any real value has been delivered to the ecosystem.

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Thank you for your comment. Please read the document provided.

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Hey I have a few questions:

1.) How much exactly have you received across all your proposals, not just for “the kus”, millions?

2.) How do you consider -95% return since you started posting your vids “a success”?

3.) Who exactly approved your treasury proposals, have you colluded with anyone to get them approved? You say they have 77% support, but it seems to be from only a very small % of the polkadot holders in total - do you think this potentially opens you and others to litigation for fraud?

4.) Polkadot is now considered a “dead coin”, “grifters paradise”, and so on… why would anyone buy an asset in which collusion and censorship seems rampant?

5.) How are you planning to change this perception of you as a grifter? Just post more videos saying “ye there has been a lot of grift, but we got to look ahead guys, ahead together with our bags full from our grift?”

Sorry to break this to you, but as evidenced by crashing price and people leaving left and right, nobody is interested in this!

6.) What is your relationship with ChaosDAO?

In my opinion, the work you have been delivering is work a functional chain would have done as voluntary work and not as paid from treasury work.

Also, I have no idea why there is not a much higher participation requirement in order to get Treasury proposals passed. To me this seems intentional and likely opens up several more parties to litigation for defrauding investors.

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Please review the material where you’ll find many of the answers to these questions.

The Kus has been instrumental in exposing & stopping corruption, ecosystem-wide. These other labels suggested: I don’t believe are held in high regard among ecosystem contributors and certainly not among voters who developed The Kus’ relationship with treasury since 2022.

I was an early member of ChaosDAO and still have access to the server. It’s not quite the centre of power anon accounts hype it up to be but it’s an engaging fantasy. :sweat_smile:

First-time poster, eh?

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Sorry, but you seem to not be listening. Talking yes, very good. Listening, not so good.

Neither to the community, or to the direct feedback you are getting here.

The current perception of you, and others, is being a grifters. ChaosDAO is certainly bringing the Chaos, I think the more appropriate name for this DAO could maybe be GrifterDAO?

Let us try this again, if you can answer just these two questions:

2.) How do you consider -95% return since you started posting your vids “a success”?

5.) How are you planning to change this perception of you as a grifter? Just by posting more videos saying “ye there has been a lot of grift, but we got to look ahead guys, ahead together with our bags full from our grift?”

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Another alt accounts shitshow drama with 0 argument to deliver so far.

I’m neutral in this topic, but all questions or attacks about DOT price are just out of topic/context here.
The main issue about DOT price was/is the tokenomics (inflation + infinite supply) and staking rewards.

You can attack OpenGov, all bounties, Kusamarian, it’s just a drop in the ocean compared to staking rewards.

AGAIN,
Staking rewards = 85% inflation
OpenGov = 15% inflation (Kus being a drop of that 15%).

KUS vs Staking Rewards, objectively, what do you really think is the main issue for the DOT price ?

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People need to switch their mindset about OpenGov being the pb…
Maths don’t fit with that myth.

Cheers :clinking_beer_mugs:
(You can continue the alt account shitshow)

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Good points. And btw, thanks for your support over the years!

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:grin:

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You are not reading what I am saying correctly.

OFC the kus is not the sole reason for Polkadot floping -95%. This is not what I am saying. I am saying he is a part of it.

OpenGov, all bounties (yes, here the Kus is also a bounty hunter) etc is. Specifically about the Kusamarian what I am saying is:
In my opinion, the work you have been delivering is work a functional chain would have done as voluntary work and not as paid from treasury work.
aka
THE WORK DELIVERED SO FAR HAS LITTLE TO NO VALUE - BUT - has still been paid hundreds of thousands of dollars for.

Going forward I actually think his communication has MUCH more value, but up until now it has had little to no value, and should have instead just been done on a voluntary basis by the community.

So, in simpler terms, since the kus has been paid hundreds of thousands of dollars for work viewed by community as having little to no value, this creates the perception why would anyone buy into this?
THIS has a very negative effect on polkadot price.

Now, you can keep curling up into a ball however long you wish in denial of this fact - the kusmarian, and others, for instance ChaosDAO etc is seen as grifters.

At this point the only way Polkadot price recovers is if there is magically mass adoption by products.

Else this is going to 0.

(BTW the amount paid to Jay is not “a drop in the ocean”, and neither is the 17.000.000 dot in ChaosDAO. You are a fool for saying so. Or more likely part of it.)

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This is actually not true, because otherwise, we would expect that the market cap not affected by the tokenomics. After all, there’s no differences in the DOTs sold due to price increase or DOT sold due to staking rewards (same in the stock market, where dividend is usually accounted for no matter it’s growth stock or dividend heavy stock).

But what we see in reality is that the market cap drops heavily as well.

I would be amazed if DOT fixed itself by adopting hard cap. ETC didn’t make it, and they arguably even did it a lot more properly. DOT will probably be of the same fate.

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Haha, market cap goes from 30 billion$ to 3 billion$

“But this is a great success! I am not part of the problem, look over there! Is a bigger problem! If not for the Kusmarian it would probably be 2billion$.”

Negative 27 billion $ that is: - 27.000.000.000$ ROI for Polkadot Treasury lets say Jay’s effect is 1% of this:
-270.000.000$ ROI for the money the Treasury paid for this work.

So far..

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Lets be clear here -

The Kus is not responsible for DOTs price. That is a incorrect assertion and i would suggest you take responsibility for where you put your money.

Production does take time and effort - for this there is a cost. Polkadots requirements for ‘Kus’ type activity could be put out to market - this would help people benchmark pricing / value and invite competition.

IMO - I think production quality tends to be good (space monkeys is jewel in crown) and Jay, whatever you think of him, has qualities. I do think views are low though, and that is driven by wider crypto apathy and polkadots status (others are responsible for this) - as such i would not overly promote ‘over delivery’ if i was him.

Items such as kus graphs, gaming updates offer zero value to me and i suspect to others.

I’d like to see KUS step back from all open gov production/open dev and see this managed by web3 foundation with credible figures brought in to manage. The system needs serious overhaul and controls put in place - it is open gov that is driving you nuts I would suggest - its become too cosy for some and lacks challenge and rigour.

Tried to be balanced here. Please dont bother me with any emotional replies.

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The level of contradictory statements is very worrying - this forum seems to be a internal echochamber
with a very low level of debate.

This is true.

This is false.

Good luck with recovering from this when you have a percived grifter posting nonsense videos calling out people in the community, closing conversation, assisting closed groups, discussing further grift and providing little to no ROI to polkadot.

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I strongly support The Kus’s dissemination channel. Without a doubt, it is the best program to stay updated on Polkadot, including governance, and to debate ideas publicly. You have all my support if you continue in 2026, as The Kus is essential for OpenGov and live technical updates. :clap:t2:

Congratulations on the great work!. :mechanical_arm::clap:t2:
Gavin’s interview on Gray Paper Jam is my favorite :fire:

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