Polkadot Faces Backlash Over $37M Marketing Spend
The Shock Waves Through Polkadot's Community Over $37 Million Marketing Spend Imagine a world where digital networks intertwine like a well-orchestrated symphony, enabling seamless interaction without the baton of a central maestro This is the vision that Polkadot, a brainchild of Ethereum co-founder Gavin Wood, aspires to render into reality However, recent developments have cast a shadow over this vibrant ecosystem, stirring up a storm within its community At the heart of the controversy is a staggering $37 million spent on marketing, a figure that has raised eyebrows and sparked intense debate Breaking Down the Numbers According to the H1 2024 Polkadot Treasury Report, a formidable sum nearing $40 million was earmarked for initiatives aimed at attracting developers, users, and enterprises to the ecosystem...
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