Proposal Details
Proposal #285
Proposal title
2025 Q2 Events Resourcing Proposal
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #285 description
Q2 2025 Events Resourcing Proposal
Overview
This proposal requests funds for events in Q2 2025, per the Akash Events 2025 discussion on GitHub. The Q2 requirement is $108,500 and includes a Tier-2 event and six individual events that are outside of the larger event schedule. In addition, this proposal includes $12,500 in overage spend for Q1 individual events and a Q1 budget shortfall of $204,277.37. The total amount requested is $325,277.37 at current prices of $1.38. The outline of each item is listed below.
Tier 2 Event Outline
Total budget per Tier-2 event: $96,308.82 estimated (only requesting $50,000)
This is the smaller event tiers for Akash, and will include the following:
- Attendance for up to 5 core team and community members.
- Budget for main conference sponsorship and speaking opportunities.
- An Akash-hosted side event to accommodate up to 150 people.
Individual Event Outline
Total requested: $58,500
The overage funds requested will be used for the following:
- In-person hackathons
- University conferences
- AI/ML summits
- Tech Start-Up events
Q1 Individual Event Overage
Total requested: $12,500
These funds were spent during Q1 on a Y Combinator Demo event and AITX AI Community Hackathon
Q1 Shortfall (due to market volatility)
Total requested: $204,277.37
Q1 Request: $464,970 / 149,028.85 AKT ($3.12/AKT) Q1 Spend: $447,534.77 Q1 $USD Liquidated: $125,789.61 or 63,907.27 for avg execution price of $1.975/AKT Funds remaining on wallet: $117,467.79 or 85,121.59 AKT
Shortfall = Liquidated + Remaining - Q1 Spend
$125,789.61 + $117,467 - $447,534.77 = $204,277.37
Table of Events
| Quarter | Event Name | Tier | Budget Amount |
|---|---|---|---|
| Q1 | Quarter 1 Individual Events Reimbursement (YC Demo event in San Francisco, Austin AITX AI Community Hackathon) | $12,500 | |
| Q2 | Yale Blockchain Conference (April 4, 2025) | $1,000 | |
| Q2 | Austin DeAI Week (April 22-24, 2025) | $30,000 | |
| Q2 | Cornell Blockchain Conference (April 25, 2025) | $6,000 | |
| Q2 | NY Tech Week (June 2-7, 2025) | $10,000 | |
| Q2 | Permissionless: (June 24-26, 2025) | 2 | $50,000 |
| Q2 | AI Engineer World Fair (June 25-27, 2025) | $10,000 | |
| Q2 | Token2049 Dubai Tickets (3 tickets) | $1,500 |
Any surplus or shortfall will be accounted for in subsequent quarters’ proposals.