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#112
Spending Proposal #33 : Rating Report for Phala Network from TokenInsight
2mos ago
Executed

Call hx: 0xd417c92786f56c5f050f82a966a9e1f4ad0590a44ddd77733140d389cb028c50
Requested allocation: 80,000 PHA = $8000

This is Joseph from TokenInsight team. As Phala and its ecosystem are flourishing, we believe that a comprehensive evaluation of Phala is necessary to give all community members and partners a comprehensive view of Phala. That's why the TI team is here to submit a proposal for a rating report.

TokenInsight, as one of the most influential digital asset rating and research institutions globally, TokenInsight has issued more than 300 project rating reports and hundreds of publications of industry research. Our data, ratings and research reports have been shown on more than 70 platforms worldwide, which include top-tier Traffic platforms as CoinMarketCap, CoinGecko, Feixiaohao, Messari, Delta, Binance Info, etc.

We will make a rating report for Phala Network including below information,

Executive Summary
Project Analysis
Token Economics Analysis
Team & Advisors Analysis
Ecosystem

We will public it in the TI’s official channel and Apps. and anyone can read it when it is done.

Now we apply for $8000 worth of PHA for the report from the treasure, for 7days avg price of PHA in coingekco is 80,000 PHA in total.

The expenses include,

Item Hour x day Price
Due Diligence 8 x 3 $1200
Initial Rating 8 x 3 $1200
Clarification 8 x 3 $1200
Writing with modification 8 x 11 $4400
Total $8000=80,000 PHA
Edited
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Business
Metadata
Proposer
Index
112
Threshold
3
Hash
0x75752b232f8edcdb6ad0c22b1ff7bc32c1ede4a90263cd74379eebfaba730d2b
Call
Table
Json
callIndex0x3f02
sectiontreasury
methodapproveProposal
args
proposalId33
TimelineLatest activity 2mos ago
2022-07-20 11:09:36
Proposed
approveProposal
2/3
Aye(2)
Nay(0)
2022-07-20 11:12:06
Vote
2022-07-20 11:36:18
Vote
2022-07-25 16:27:55
Closed
2022-07-25 16:27:55
Approved
2022-07-25 16:27:55
Executed
Comments
2mos ago

I think it's important to let the community know the latest update of Phala Network, thanks TI guys.

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2mos ago

To learn more for this report background, I summrized from @RubyW and Tokeninsight team:

  • TokenInsight is a data-driven blockchain institution committed to providing market intelligence: ratings, industry research, and data.
  • The report is required for many centralized exchanges in listing/updating project information to their users...So to speak, widely used in trading use cases.
  • If the ranking score for Phala Network is good, it will help to increase the reputation of the network in the industry. Although I personally don't like how this sounds, but it does help project sometimes.
  • The report will also help the community to understand Phala Network in 1 pager, as Binance Research did before: https://research.binance.com/en/projects/phalanetwork
  • Here's a sample provided by TokenInsight: https://s2.tokeninsight.com/static/research/file/levelPdf/TI-COJAM_Rating_Report_English_compressed2.pdf

The following information will be integrated in the report:

  1. Website
  2. Explorer
  3. Other Communities
  4. Roadmap
  5. Team
  6. Core Members
  7. Advisor
  8. Partner
  9. Funding
  10. Investment Institution
  11. Token Allocation
  12. Vesting (Unlocking) Plan
  13. Listed exchange
  14. Operation Status (Development Status)
  15. Operating Data

I will vote Aye on this proposal since I do know this will help Phala's promotion in the market, and it do take some work for research institutions. But I will keep neutral to other council members' vote since I also don't like the situation in how centralized ranking services have such influence power

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