Polkadot community PolkaWorld halts operations after failed funding bid
Cointelegraph
16 Sep 2023 8:34 AM
PolkaWorld believes that Polkadot should integrate a council into the current governance system. ...
- PolkaWorld, a Polkadot community, has halted its operations after its proposal for funding from Polkadot's treasury was rejected.
- The organization raised concerns about the treasury management under Polkadot's new open governance platform called "OpenGov."
- PolkaWorld believes that the previous governance system, which involved a council elected by Polkadot holders, should be integrated into the current OpenGov system.
- Markian Ivanichok, the founder of Brushfam, announced that the project is leaving Polkadot due to frustrations with the governance system.
The sentiment of the article seems negative, as it highlights the concerns and frustrations expressed by PolkaWorld and Markian Ivanichok regarding Polkadot's governance system.
You May Ask
Why did PolkaWorld halt its operations?What are the concerns raised by PolkaWorld about Polkadot's treasury management?How does PolkaWorld suggest integrating the previous governance system into the current OpenGov system?Why is Markian Ivanichok leaving Polkadot, and what frustrations does he express about the governance system?What is the purpose of Polkadot's OpenGov system and how does it work?