Proposal Kickoff: November 1st, 2020
Budget Amount: 20,000,000 SC per month, from block subsidy
Treasury Kickoff: 240,000,000 SC, from treasury
Timeline: Active until Jan. 2023
Stockpile Cap: 960,000,000 SC
Leftovers: to be returned to treasury
This proposal is to set aside a significant chunk of Siacoins as a budget item for hackathons, conferences, and meetups. Any sort of builder event or bounty program would also come out of this budget. Marketing for said events would also come out of this budget. As a two year proposal with a large initial stockpile, this proposal is for 960,000,000 SC total.
I expect that roughly half of this would go towards funding an annual on-site conference for Sia, roughly a quarter of this would go towards hackathons, and then the remaining quarter would be to fund meetups and local Sia communities.