In this week’s edition:
Editorial: Summit vibes, re: launches, and reporting February’s standout content.
Top Story - RE Launch!: covering a week of re-launches as well as new launches.
Featured Report - FEBing Content!: recapping the content that has impressed since the last report in January.
Wag Roundup: News from our Finders Program between March 4th and March 12th.
Extras: Credits and anything else.
The full newsletter can be enjoyed via this link.
Editorial
What is up, my friends!
Amidst the backdrop of trade wars and government efficiency, the White House Crypto Summit was billed as a historic event with the tagline “Crypto🤝Make America Great Again”. The summit itself was front-run by an executive order for the much-anticipated Strategic Bitcoin Reserve.
Details of the executive order were clearly communicated by Crypto Czar David Sacks. The key takeaway is it establishes a U.S. digital assets stockpile from seized assets, so doesn’t include any purchasing. Looking back at August’s BTC conference, Trump did, in a way, indicate a stockpile.
With the lacklustre news, the summit did receive mixed reactions and was mainly disappointing, much like how the markets reacted. Perhaps one of the bigger reactions to the event was the unveiling of the gigantic FIFA trophy, which sparked rumours of a token launch.
Meanwhile, the Polkadot ecosystem already has confirmation of something FIFA-related that could rival this unveiling. Additionally, we have some launches and relaunches to look forward to, the details of which we will cover in this week’s top story.
Switching to details about the WagMedia creator economy, our featured report will highlight the standout content from February. Several creators have upped their game and are now FEBing content with their efforts.
If you think you have what it takes to make it into our next report, then join us. Currently, there’s an opportunity where you could potentially maximize your skills with a frosty bounty, plus yapping incentives.
Dodow, Chief Editor
Top Story of the Week - RE Launches!
Written by yay.oi
What’s sailin’, captain? With shipping season in full swing, container loads of features are flooding through the Polkadot ports. While tides may be turning elsewhere, Polimec is charting a new course to fund the next wave of ecosystem projects.
Fundraises on Polimec have been on hiatus since the Mandala raise, which wrapped up in August 2024. Mandala’s was the third Polimec fundraise, and the second to pass the minimum funding threshold, securing 35% of its target.
Following feedback from fundraising participants, Polimec identified some key areas for improvement. With a few adjustments, it is expected that participation rates and funding outcomes could improve.
This led to a successful on-chain governance proposal, aptly named Polimec Evolution. It streamlined the raising process, cutting the time down from 49 to 21 days, and simplified the funding target system by introducing a universal minimum threshold of 33% for fundraising and incentives.
Rather than get cracking on the next fundraise, Polimec devs continued the evolutionary spirit by shipping a series of new features and enhancements over the following months. This week saw the launch of the Polimec mobile app and a referral campaign.
While we have plenty more to look forward toin the near future, perhaps the most exciting development of this week is the relaunch of fundraising. To kick things off, the seven-day Evaluation Round for Xcavate began on March 13th. The Funding Round will follow as long as evaluators bond the equivalent of 10% of the funding target in PLMC tokens..................…….
Check out our full newsletter for the full story
Featured Report - FEBing Content!
Written by Dodow
Since the last update in our Jamuary Content report to the end of February, WagMedia’s creator economy posted ~77 pieces of content. From the submissions, ~70 pieces of content were awarded, with a whopping total of 1007.5 DOT distributed across them.
To be more specific, rewarded content submitted on our Discord from January 24th to February 28th averaged ~15 DOT per piece. There also appears to be a core group of eleven creators FEBing content, as each of them met or exceeded this average during the period. So, let’s get into who they are and what stood out.
Backing up his yapping with plenty of content, Emil has broken the WagMedia awards record once more, marking another successive month of the achievement. He received a massive 73 DOT for his epic thread covering the hot Polkadot narratives on the horizon. We recommend aspiring creators (or yappers) review it, as narratives are a fantastic starting point for inspiration.
As expected, Emil has also been consistent with the quality of his content. He covers the 21 shares DOT ETF filing, OriginTrail use cases, the forthcoming Polkadot Play, updates on JAM, highlights more narratives, and analyzes Ethereum through the JAM Gray Paper. His rewards were 20, 38, 24, 22, 20, and 38 DOT respectively.
Our next top performer during the period was Pieky, who received 60 DOT for his piece that teases Polkadot’s Proof of Personhood concept. The creativity, inspired by the iconic Terminator movie, received recognition from many, including Gav.............……...
Wag Roundup
Written by yay.oi
The Polkadot UX Bounty has launched the UX Audit Grants Program, which will match eligible projects with UX auditors and cover up to $10K of user-experience auditing fees.
On March 13th, Polimec launched the next wave of decentralized fundraising. To kick things off, Xcavate, an RWA platform for tokenized and fractionalized real-estate investment, is seeking $250K in funding.
Trace Labs, Ethical Capital Partners, and AMYP Ventures AG (part of the Piëch/Porsche Family Office) have joined forces to found Umanitek, an alliance that will leverage Origin Trail technology, powered by Neuroweb, to combat harmful content, IP infringements, fake news, and the risks of AI.
InvArch has launched its DAO Management Portal, offering a seamless experience for creating a DAO, adding and removing members, transferring assets, and voting on proposals.
The Bifrost 0.17.0 runtime is live, bringing Async backing, a transition to OpenGov, and multi-chain vToken minting powered by Hyperbridge and SLPx.
Minting of the Bifrost vBNC liquid staking token has now surpassed the milestone of 10M.
Polkadot Hydration Incentives are live for tBTC in the Omnipool, achieving APRs of up to 28%.
Polkadot Referendum 1484, if passed, will increase the validator set from 500 to 600, raising the maximum number of usable cores by 20% to 120.
With Season 2 of the Marks campaign just around the corner, Evrloot offers a sneak peek of The Rift, a new expedition that will require a party of three free-to-play Warborns or NFT Souls.
This week, the Mythos Chain had one of its best trading days yet, peaking in first place on the 24-hour chart for trading value, volume, and user numbers.
On March 5th Ellie (Aventus) hosted Ivor (MVP Workshop) to discuss the recently announced liquidity provision strategy for the AVT/ETH trading pair on Uniswap V3.
Extras
Awesome cover art created by SKULLZ.
For all you budding creators out there, don't hesitate any longer – join us now! There are plenty of rewards awaiting your creativity.