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Proposal #285

2025 Q2 Events Resourcing Proposal

PassedCommunity Pool Spend Proposal

Passed on 02 Apr 2025 with 62.5% of the votes for yes.

Yes

62.5%

93.6% without abstain

Veto

0.0%

of votes cast

Ended

02 Apr 2025

The ballotvotes cast · final tally
Yes

62.53%

of votes cast

Abstain

33.20%

of votes cast

No

4.26%

of votes cast

Veto

0.00%

of votes cast

Q2 2025 Events Resourcing Proposal

Overview

This proposal requests funds for events in Q2 2025, per the [Hidden link]. The Q2 requirement is $108,500 and includes a Tier-2 event and six individual events that are outside of the larger event schedule. In addition, this proposal includes $12,500 in overage spend for Q1 individual events and a Q1 budget shortfall of $204,277.37. The total amount requested is $325,277.37 at current prices of $1.38. The outline of each item is listed below.

Tier 2 Event Outline

Total budget per Tier-2 event: $96,308.82 estimated (only requesting $50,000)

This is the smaller event tiers for Akash, and will include the following:

  • Attendance for up to 5 core team and community members.
  • Budget for main conference sponsorship and speaking opportunities.
  • An Akash-hosted side event to accommodate up to 150 people.

Individual Event Outline

Total requested: $58,500

The overage funds requested will be used for the following:

  • In-person hackathons
  • University conferences
  • AI/ML summits
  • Tech Start-Up events

Q1 Individual Event Overage

Total requested: $12,500

These funds were spent during Q1 on a Y Combinator Demo event and AITX AI Community Hackathon

Q1 Shortfall (due to market volatility)

Total requested: $204,277.37

Q1 Request: $464,970 / 149,028.85 AKT ($3.12/AKT) Q1 Spend: $447,534.77 Q1 $USD Liquidated: $125,789.61 or 63,907.27 for avg execution price of $1.975/AKT Funds remaining on wallet: $117,467.79 or 85,121.59 AKT

Shortfall = Liquidated + Remaining - Q1 Spend
$125,789.61 + $117,467 - $447,534.77 = $204,277.37

Table of Events

QuarterEvent NameTierBudget Amount
Q1Quarter 1 Individual Events Reimbursement (YC Demo event in San Francisco, Austin AITX AI Community Hackathon)$12,500
Q2Yale Blockchain Conference (April 4, 2025)$1,000
Q2Austin DeAI Week (April 22-24, 2025)$30,000
Q2Cornell Blockchain Conference (April 25, 2025)$6,000
Q2NY Tech Week (June 2-7, 2025)$10,000
Q2Permissionless: (June 24-26, 2025)2$50,000
Q2AI Engineer World Fair (June 25-27, 2025)$10,000
Q2Token2049 Dubai Tickets (3 tickets)$1,500

Any surplus or shortfall will be accounted for in subsequent quarters’ proposals.

Timeline

  1. Submitted26 Mar 2025
  2. Voting started26 Mar 2025
  3. Voting ended02 Apr 2025
  4. Deposit deadline09 Apr 2025

Proposer

Address
Deposit1.0K

Rules

Not recorded for this proposal.