[PROPOSAL] [DRAFT] Allocate 1500 ATOM in support of the InterChain Summit

Hub Proposals
1

On June 20th and 21st, during the Berlin Blockchain Week, we held the InterChain Summit

Key information about the InterChain Summit:
:globe_with_meridians: https://www.interchain.digital
:ticket: InterChain Summit 2025 Ā· Luma
:speaking_head: Telegram: View @InterChain_Summit

148 events was announced on the Berlin BlockChain Week: https://bbw-2025.netlify.app/
And the InterChain Summit was the only one event about Cosmos in general

Here is you can see recaps of the 1st and 2nd days:
https://x.com/posthuman_dvs/status/1936152153267339769
https://x.com/posthuman_dvs/status/1936510846944895143

Now about the bad:
We collected a total of 14,000 USD from sponsors, and it was a mistake to collect funds in dollars, not euros:

Oak Security - 3000
DAODISEO - 2000
Layer Labs - 2000
SPUTNIK NETWORK - 2000
BLOCKBUZZ - 1000
Nolus Protocol - 1000
Warden Protocol - 1000
Luncverse - 1000
Juris Protocol - 1000

  • CIC Berlin (the venue) for 2 days - 9,800 euros. When I looked at how much it was in dollars a month before the event - it was 10,480 USD, and I thought that it was not a big difference. But on the day of payment in EURO, it turned out that the rate had changed, and I had to pay 11,300 dollars
  • Payment for merch cost 2,000 euros (or 2,300 USD)
  • Payment for food for two days - 1,000 euros (or 1,160 USD)
  • Payment for banners - 10,000 euros (or 1,160 USD)
  • Payment for drinks for 2 days - 1,000 euros (1,160 USD)
  • Payment for a designer (posters, posters, banner designs) - 1,000 USD
  • Payment for a web designer (website) - 1,000 USD
  • Transaction costs (due to the transfer of stablecoins to USD, and then to EURO) about 5% ~ 960 USD

Full price of the InterChain Summit 20,040 USD, that is, I personally ended up in the minus of 6,000 USD

For me personally, this is a very large amount, but I decided that I would rather end up in the minus than hold a bad event, and in the end, the InterChain Summit was a great success!

Everyone who participated really liked it, and the main problem was that I started preparing for the summit only 1 month in advance, and if I had 3 months, I would have managed to find enough sponsors to cover all the expenses

Interchain Foundation and Interchain Labs told me, that they havenā€™t funds to support the InterChain Summit

So, I donā€™t know who else can support me and cover my losses, only Community Pool

Friends, please, tell me honestly, if I will up the proposal to allocate 6000 USD (that is 1500 ATOM) in support of the InterChain Summit - will you vote YES ?

And the main important, will you vote?
Because if I will not get 40% turnout, and my 512 ATOMs of deposit will be burned - it will totally destroy me

If you know better way to find funds, than to up the proposal, then tell me, I need your advice

This amount is not really big deal for Community Pool, but for me personally - itā€™s hug amount, itā€™s half of year of my life

6 Likes
2

Honestly, I would vote no. Itā€™s nothing personal, but I donā€™t see much value in these summits and conferences. What we need is development work funded, so actual apps and users come to the space.

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3

Iā€™m in support of this itā€™s not a big ask

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4

If we will not represent Cosmos on events, nobody will know about our apps

We will not have new developers

We need to understand, that to have the best tech is not enough

Can we speak about it with you, and I hope that my arguments will change your mind on this draft proposal

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5

I support that. Actually that event was great opportunity to meet some people in person and spend some quality time on face2face meetings. Something completely different than online discussions. It definitely bring better level of co-operation with people as well as exchanging ideas and information. Definitely worth to attend and being organized in future too.
As a validator and participant in few projects remotely I had great opportunity to meet with people I talk every day on Discord, Telegram, etc.

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6

Can you share with me your telegram, or write me in my telegram?

I want to show you how such events bring a lot of value to whole Cosmos

1 Like
7

Also, friend, please, put yourself on my side
If we will accept this proposal, community pool will lose 0.061% (In community poll - 9,730,000 ATOMs, and I ask just for 1,500 ATOM)

And if you will not support, I will lose 90% of my own funds, Iā€™m sure, that you will not want to lose 1500 ATOM by yourself

And I contribute for the Cosmos since 2019

And I never get any incentives, and I never ask for something

And if you will not support enthusiasm now, than how can we be sure in the future development of the Cosmos ?

2 Likes
8

Yeah, it was one of the most great events for the last time!
It was so cool to meet all of you in material world!

This communication is the greatest value, and even if I will not get compensation, I will not be sad, beause is the best way to spnd funds!

2 Likes
9

This an easy YES for me. A lot of value added.

4 Likes
10

Hello! So, you made a party for your friends and few projects who paid to be involved, didnā€™t do the math correctly, acting like itā€™s all your money being top tier Cosmos validator and now asking for 1500 ATOM by spending 512 ATOM to make a proposal, something wrong here, isnā€™t it?

11

cosmos hub should allocate USDC or ICF should allocate some eth or btc or usdc. vote no

1 Like
12

I joined that event with my NFT project Expedition as a speaker. Out of my personal emotions, all connections I got from that event to tell people about Cosmos NFTfy and excellent feedback with big amount of views about that event - I want to add the fallowing:
-Event visited not only projects, but a lot of people from Cosmos community and out of it

  • discuss about cosmos future and finding solutions for a problems we have
  • as a fact one more big offline event for a Cosmos ( not only BTC or Eth)

One day after the event had a call with my community and 55 people just listen my feedback and sneaky deals I made during that two days

Hope to visit one more Interchain summit this year. My vote- Yes

4 Likes
13

Your description of what is happening is not correct

  1. I organized a party to announce the Cosmos Ecosystem at the Blockchain Week in Berlin. I didnā€™t have an idea to make money, my main idea was to announce Cosmos at the Berlin Blockchain Week. There were 150 events there, and not a single event about Cosmos, and I think it is necessary to talk about Cosmos at such events. And the main thing for me was to hold a good event so that people would know that Cosmos has a great technical side, and a great community

  2. I organized this party not only for my friends, but for everyone

  3. the entire Cosmos Ecosystem are my friends. And even more, I have friends in Ethereum, Polkadot, Solana and other Ecosystems. I have no enemies at all, except Death. And the only enemy of Humanity is Death

  4. Of course, I invited all my friends there, and itā€™s a pity that not everyone could come there, and you were sorely missed there. But not only my friends came to the InterChain Summit, but also people unknown to me, who became my friends. Such events are created precisely to overcome digital alienation, to stop thinking that you have enemies, and to realize that people from the community are your friends!

  5. You need to learn how the voting module in Cosmos works. I am not going to spend 500 ATOM to get 1500 ATOM. The deposit for the Cosmos Hub vote is 500 ATOM. The deposit is lost if 33.4% or more vote No with Veto, or if less than 40% participate in the vote. It is precisely to prevent the deposit from being lost that I raised this discussion. If Cosmos Hub is unable to allocate 1500 ATOM for enthusiasts who contributes for the Cosmos Hub more than 5 years, then something is wrong with our decentralized governance. In this case, I will simply stop wasting my time and resources on Cosmos, and will turn to other projects to develop Web3 as a whole

    1. Instead of saying: ā€œFriends, how great that you talk about Cosmos! How great that you spread information! How great that you make our community stronger!ā€, - you say that you see no point in supporting initiatives from the community and for the sake of the community. I am surprised that there are people in our community who refuse to support events about Cosmos. Refusal to support initiatives from the community looks like a form of betrayal. While community members, despite the market, continue to support Cosmos Hub, it is surprising that there are validators who refuse to support the promotion of Cosmos Hub. I really hope that you will change your position and start behaving like a real cosmonaut. Because we will definitely make this discussion public, and the entire community will see who supports Cosmos and who refuses to support Cosmos
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14

First and foremost, if you are going to recommend someone to learn or improve something, you should always start with yourself. The entire proposal reads like a complete admission of incompetence in event organization ā€” and you openly admit it: you miscalculated something, made translation errors, and overall say that things might have gone better if you had started earlier and not just one month before. Probably, one shouldnā€™t organize events if the problems start already at the planning and budgeting stage.

Moreover, you talk about the usefulness of this event for the Cosmos ecosystem. But judging by your social media posts, there were around 30 people there? In this case, the event is not about supporting Cosmos ā€” itā€™s an event to promote your validator brand, mostly attended by people already familiar with you, as well as those who paid to participate.

I hope this doesnā€™t offend anyone, but among the mentioned participating projects, only one actually provides real value to the Cosmos ecosystem. The rest are either too new and represent nothing more than an idea for a narrow circle of people, or have no real value at all. Is that useful for Cosmos? In my opinion ā€” hardly.

Furthermore, you should probably rethink your approach to spending. For example, paying 1000 euros to a designer for a one-page website with minimal information is a completely unjustified expense that raises a lot of questions.

You seem to think that I am against Cosmos events ā€” unfortunately, thatā€™s not true. I am against poorly executed, unprofessional events where the core problem is low competence. And then come the speculations about how one of the biggest validators supposedly has no money and desperately needs help. Knowing many validators personally, I believe that the statement ā€œIā€™ve been supporting Cosmos for so long and now you wonā€™t give me 1500 ATOM, so Iā€™m leavingā€ has no place in serious discourse. If youā€™re truly active on social media and do valuable work, youā€™ll naturally attract new stakers and opportunities within Cosmos. But it seems that one of the largest non-custodial validators doesnā€™t value their community and contribution, if youā€™re ready to leave Cosmos over $6,000.

To conclude ā€” I want Cosmos to grow and develop but Iā€™m willing to support such initiatives as long as I donā€™t see complete incompetence, disregard for the community, and manipulations regarding oneā€™s financial state - in this case, I ā€” and not only I ā€” can do the math correct.

15

I support as part of the community. There is very little representation in the information field.

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16

@Antropocosmist tried his best to make sure Cosmos was represented at Berlin Blockchain Week. No one else in the ecosystem took on this task. His request for funds isnā€™t a huge request for an event of that caliber at all. It was actually pretty decent compared to other events at Berlin Blockchain Week. Itā€™s hard to estimate attendance and all those things beforehand. It was also a bit later in the week when some people had gone home.

Overall it was a valuable event to meet and discuss the state of Cosmos, new projects, and the future direction. It was good marketing and visibility to be included in the weekā€™s events. $6,000 is not going to hurt the community pool whatsoever.

I fully support this ask.

3 Likes
17

He was so focused on doing everything in the best possible way that he forgot how to count and only started preparing a month before the event beganā€”which, in my opinion, is not how responsible people usually act.

Today, weā€™re voting on the allocation of $6,000, and tomorrow we might see a proposal from someone elseā€”someone not as well-knownā€”asking for compensation for organizing an event, but requesting a larger amount.

Will you support this lesser-known person? Most likely not.

Thatā€™s why we need to put personal relationships aside and assess the situation objectively. Biased relationships lead to corruption and result in inefficient distribution of funds.

What we are discussing now has nothing to do with decentralization. In this case, it is a matter of a well-known person taking advantage of the funding distribution system, who, for unknown reasons, failed to approach the implementation of what he wanted to do with sufficient responsibility.

18

Absolutely not.

This is a business / marketing event by Posthuman validator. I always like to pull in examples from TradFi, and yes your company would just pay for it in TradFi - no CP to raid. It is your event to push your brand. Call it a business expense.

So my ā€œfriendā€ even if it is ā€œjustā€ 0.061% of the CP, the CP is no slush fund for validators (which are already paid by the network), to throw parties. Especially not retroactively.

3 Likes
19

The amount of people who join the forum only to say that theyā€™ll vote yes and that ā€˜value was addedā€™ but obviously never cared about serious matters that were discussed in here is astonishing.

I agree with @0xphilipp_eris and will vote No.

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20

Iā€™ve spent the last 2 days reading through both the draft & the wide range of community responses to make sure I donā€™t bring in any bias. I donā€™t work with Vlad or his project, but Iā€™ve collaborated with him through some projects I contribute to & wont be exaggerating if I say I do respect that guy & found him to be among the genuine consistent supporter of the ecosystem I work full time for.

I actually appreciate Vlad for stepping up & ensuring Cosmos had any presence at Berlin Blockchain Week. Real-world visibility is still a gap. Iā€™ve seen many Cosmos builders, despite having strong tech and products, struggle to compete with other ecosystems for that. So thatā€™s that for me,

But itā€™s true that such proposals should not be retroactive & definitely the budgeting and planning should have been handled better. Vlad openly admits that. From what Iā€™ve seen of him over the years, Iā€™m positive heā€™ll approach it more thoughtfully next time by including ICL & Cosmonauts in advance. LoL. Also, though not perfect, it was a public-facing effort to represent Cosmos at one of Europeā€™s major blockchain gatherings. And I feel we do need more of this kind of presence, especially now that many Cosmos projects are stepping beyond ecosystem boundaries to bring value back.

Maybe this is just my POV & might differ with many, but as someone whoā€™s been actively contributing in Cosmos since 2021. Iā€™ve seen how IRL events help build trust, context & collaboration. These are things no forum thread or Twitter space can really replicate. Afterall weā€™re still human & we need the IRL touch.

Each case like this should be seen on its own merit, and for this if this were a larger ask, I might feel differently. But 1500 ATOM to reimburse an out-of-pocket contributor who acted in good faith? Iā€™m going to vote YES if it gets on-chain.

Finally, this also calls for a wider conversation.
What should the bar be for community-led event funding? / How do we structure support before events happen? / And how do we separate self-promotion from genuine contribution?

Thatā€™s where I think all the comments from those who are more active here as well as those joining just for this discussion will be valuable.

Thank You

4 Likes