Beneficiary account:
3zkooCHZAiukUCPp1dXwTRkRwyfzcyzFFZ1tptXwZShnFoPx
To meet Phala Network’s overall growth goals for 2024, the team invested heavily in marketing and developer focused activities. This proposal includes the expenses for all the expenses in the events in Q3&Q4.
The Phala team is about to sponsor the upcoming three EthGlobal events as a parnter, thousands of hackers in the event can use Phala to win the prizes sponsered by 31 projects. This will be a great opportunity for us to gain widespread usage and exposure. As one of the sponsers, Phala also prepared a lot of SWAGs for the participants.
Q3+Q4 Event Plan
Token2049 Singapore, Sep 16 - Sep 24, 9days
San Francisco EthGlobal, Oct 16 - Oct 21, 6days
Devcon 7 Bankok, Nov 11 - Nov 18, 8days
Phala’s engagement for the events
The Phala team will be represented by the following team members:
Budget request for the events:
| Event | Phala Team Attendie | Hotel/Per/Night | Round Flight/Per | Sponsor+Bounty (Sum) | SWAGs & Delivery | Food, Tickets and local transportation | Total |
|---|---|---|---|---|---|---|---|
| Token2049 Singapore | 8 | $650 (8 nights) | $1200 | $180,000 | $30,000 | $12,000 | $273,200 |
| EthGlobal San Francisco | 7 | $500 (5 nights) | $1000 | $90,000 | $20,000 | $10,000 | $144,500 |
| Devcon 7 Bankok | 8 | $300 (7 nights) | $1200 | $130,000 | $25,000 | $7,500 | $188,900 |
Budget request for the proposal:
1 PHA = 0.108 USD according to EMA15 of 11th Sep,2024 by CoinMarketCap
Sum of event expenses in USD: 606,600 USD
Sum of event expenses in PHA: 5,616,667 PHA
Phala Network is a company that is investing in marketing and developer-focused activities to grow their business. They plan to sponsor three EthGlobal events in Singapore, San Francisco, and Bangkok. They will participate in hackathons and other events to showcase their technology and gain exposure. The Phala team will attend these events, and they have a budget request for expenses such as hotel, flights, sponsorship, SWAGs, food, tickets, and local transportation. The total budget request for the events is 5,616,667 PHA, which is equivalent to 606,600 USD.