The PolkaWorld community, closely tied to the Polkadot blockchain, has halted its activities due to a funding request denial from Polkadot’s treasury.
Their concerns stem from the newly implemented OpenGov treasury management system, which they argue is impacting long-time supporters negatively. According to PolkaWorld, OpenGov is declining funding to numerous organizations, causing them to exit the Polkadot ecosystem.
Under the previous governance system, a council of experts used to assess and approve proposals. PolkaWorld members suggest merging this expert evaluation approach with the current OpenGov system, which currently relies directly on token holders for funding decisions.
Markian Ivanichok, founder of Brushfam, a platform facilitating business integration with Polkadot, has also expressed frustration. He points out difficulties in securing funding and a perceived lack of emphasis on users, business practices, and marketing within the ecosystem.
Polkadot introduced the OpenGov system to grant every token holder a voice in platform operations. This allows token holders to vote on proposals shaping network changes. Nevertheless, discontent within the community indicates that adjustments may be needed to address these concerns
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