akash

Prop 285: 2025 Q2 Events Resourcing Proposal

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.