{"id":444044,"date":"2024-07-02T15:36:37","date_gmt":"2024-07-02T14:36:37","guid":{"rendered":"https:\/\/thecoinacademy.co\/news\/polkadot-treasury-concerns-sustainability\/"},"modified":"2024-07-02T15:36:43","modified_gmt":"2024-07-02T14:36:43","slug":"polkadot-treasury-concerns-sustainability","status":"publish","type":"post","link":"https:\/\/thecoinacademy.co\/news\/polkadot-treasury-concerns-sustainability\/","title":{"rendered":"Polkadot’s Treasury Raises Concerns on Sustainability"},"content":{"rendered":"

Polkadot’s $245 Million Treasury Raises Concerns on Sustainability<\/h2>\n

Despite having a treasury estimated at $245 million, the blockchain platform Polkadot is facing concerns from its community regarding the sustainability of its financial resources. Excessive spending has been revealed, causing a stir on social media and Crypto Twitter.<\/p>\n

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Polkadot spent $37m USD in outreach during the first half of 2024, targeting new users, developers, and businesses<\/p>\n

\u2022 $10m on ads\/sponsorships
\u2022 $4.4m on influencers
\u2022 $4m on digital ads<\/p>\n

Yet Polkadot still seems invisible on X and elsewhere. pic.twitter.com\/pk0haLvuNm<\/a><\/p>\n

— Ignas | DeFi (@DefiIgnas) July 1, 2024<\/a><\/p><\/blockquote>\n