d1c8542eaa
- Source: inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
1.8 KiB
1.8 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Drift: Fund The Drift Superteam Earn Creator Competition | internet-finance | failed | drift | futardio | proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 | https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY | 2024-08-27 | 2024-08-31 | grants | Proposal to fund $8,250 prize pool for Drift Protocol Creator Competition promoting B.E.T prediction market through Superteam Earn bounties | rio | 2026-03-11 |
Drift: Fund The Drift Superteam Earn Creator Competition
Summary
Proposal to allocate $8,250 from the Drift Foundation Grants Program to fund a creator competition on Superteam Earn, celebrating the launch of B.E.T (Solana's first capital efficient prediction market). The competition included three bounty tracks (video, Twitter thread, trade ideas) plus a grand prize, each with tiered rewards.
Market Data
- Outcome: Failed
- Proposer: proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- Created: 2024-08-27
- Completed: 2024-08-31
- Prize Pool: $8,250 in DRIFT tokens
- Grand prize: $3,000
- Three tracks at $1,750 each (1st: $1,000, 2nd: $500, 3rd: $250)
Significance
Represents an early futarchy-governed marketing/community engagement decision for a DeFi protocol. The proposal tested whether prediction market governance could effectively allocate marketing spend for product launches. The failure suggests either insufficient market conviction in the ROI of creator bounties or broader skepticism about the B.E.T product launch timing.