Phala at Asia Crypto Week - treasury proposal #47
Treasury
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Awarded

Call hx: 0xf11e51ceb4151c09aa3b48b038e3c9de101a13f21bfe13082c5b2a8355d3bfc4
Date: 26/9-6/12 2022
Requested allocation: 52434.1USD = 350,028PHA ($0.1498, 30 days avg price in coinmarketcap)

Overview Of the Events

As the biggest Asia blockchain week in the year of 2022, with over 7,000 attendees, and 2,000 companies with more than 180 side events in the same week.

Asia crypto week

https://www.asiacryptoweek.com/

Token 2049

https://www.asia.token2049.com/

Asia crypto week side events list

https://docs.google.com/spreadsheets/d/e/2PACX-1vS3yrmkd8aJnaEFw4SJhp6ZzvjJylieraRnW9IFRGMd0qlXGZhpeA4JATet2XxJkdHk7I_T0Q2-p4MD/pubhtml?gid=0&single=true

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WHAT IS Asia Crypto Week?

Asia Crypto Week is a week of various independently organized side events around TOKEN2049 Singapore, running from 26 September – 2 October 2022. The week concludes with AFTER 2049 on 30 September - an exceptional closing party at the Marina Bay Sands Rooftop and the F1 Singapore Grand Prix. Expect a wide range of meetups, workshops, networking drinks, and parties - creating unparalleled networking opportunities.

Watch this space for continuous event updates taking place throughout the week.

WHAT IS TOKEN 2049?

TOKEN 2049 is a primer crypto event organized annually in Singapore and London, where founders and executives of the leading Web3 companies share their views on the market. We shine a light on global developments while taking a unique and widening perspective on the ecosystem and its vast opportunities.
What have we achieved in TOKEN 2049?

Phala Lead Researcher,Dr. Shelven had a speech on ‘Phat Contract: The Next Major Step in Replacing Web2’ in the TOKEN 2049 stage.
Video: https://www.youtube.com/watch?v=fVqZLvbIatw

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Phala's booth received a lot of attention at the TOKEN 2049 because of its bright design and rich surrounding. At the same time, we also met very many potential partners, such as with Chainlink also in-depth exchanges on the possibility of cooperation in Phat Contract collaboration.

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Meanwhile, for this event, the operation and marketing departments prepared very many gifts, including various stickers from Phala and PhalaWorld, sign-in books, light signs, hats, mouse pads, satchels, etc. Many people liked them very much.

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Phala at Polkadot booth and sharing its booth with other parachains

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Some incidients we met in the tour

4 team members Dr.Shelven, ZheWang, Ruby, Lucia supported this huge event, and all of them tied their best to selling Phala and PhalaWorld. 3 of them flied from China to Singapore and planned to fly back in a week. But all of them got covid in the conference, so they have to cancel the flights and stay there until negative with a twice negative PCR tests report.

At the same time, according to Chinese law, positive persons need to be isolated locally for 14 days before returning to China, and they need to continue to be isolated for 7-14 days after returning to China. Therefore, the team was forced to stay in the Singapre and China hotels for some time. We are very sorry about this, but the health and safety of our members is our primary concern. This resulted in some additional travel expenses.

Expense in TOKEN 2049

The costs here include merches, airfare, hotel, and transportation for four Phala team members. As well as sponsorship costs for events and printing, as detailed in the table below.

1 PHA = 0.1498 USD based on the 30-day average price on CMC.

Expenses List
Item Fee/USD
Sponsorship 14900
Flight&Train 10793.7
Hotel 15119.95
Merch 5434.8
PCR Test 1359.78
Ticket 138.5
Transportation 706.67
VISA 1015.6
Other 2965.1
Total 52434.1
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Metadata
TimelineLatest activity undefined
2022-12-15 14:08:12
Proposed
Index
#47
2022-12-15 14:56:30
approveProposal
5/5
Aye(5)
Nay(0)
2022-12-15 17:22:00
Vote
2022-12-15 23:03:37
Vote
2022-12-16 04:52:42
Vote
2022-12-16 04:59:06
Vote
2022-12-16 05:11:01
Vote
2022-12-16 07:03:00
Closed
2022-12-16 07:03:00
Approved
2022-12-16 07:03:00
Executed
Result
Succeed
2022-12-16 11:32:12
Awarded
Beneficiary
Award
350028 PHA
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