Make the Cosmos Hub the main sponsor of HackATOM Seoul 2022

Summary

We are requesting 37500 ATOM from the Cosmos Hub Community Pool to make the Hub the main sponsor of the event and cover the prizes of the HackATOM Seoul challenges.

Details

This is a community spend proposal to fund the prizes of the three main challenges that are part of the upcoming HackATOM in Seoul. Previous HackATOMs have demonstrated to directly benefit the Cosmos ecosystem and the Cosmos Hub by enabling the creation of innovative projects that spin off into successful products (e.g. CosmWasm, Osmosis, and many more)

We are requesting 37500 ATOM that will be sent to a multisig maintained by a committee that consists of:

• Zaki Manian | Co-Founder Sommelier
• Jelena Djuric | Interchain Security Product Manager & Marketing Lead at Informal Systems
• Marko Baricevic | Cosmos SDK Product Lead at Interchain

The multisig committee agrees to send the prices to the winners no later than 15 days after the event (August 14 at 8 UTC). In case some challenges do not have a clear winner, any surplus will be returned to the Cosmos Hub Community Pool.

The full text of the proposal with all details and a FAQ can be found here: https://forum.cosmos.network/t/proposal-signaling-proposal-hackatom-seoul-2022/6799

Official event announcement is here: https://blog.cosmos.network/announcing-cosmoss-hackatom-seoul-b6858b9beac7

IPFS pin here: https://ipfs.io/ipfs/QmQQiy53cDBcXySEHCoS6SLLY9Z5RZkbfafdnk24vLVKPp

Vote:

• By voting YES you agree that the Cosmos Hub should allocate 37500 ATOM to fund the primary prices of HackATOM Seoul 2022.
• By Voting NO you are letting the community know you do not believe the Cosmos Hub should fund this event.
• By voting ABSTAIN, you formally decline to vote either for or against the proposal.
• By voting NOWITHVETO you express that you consider this proposal malicious or harmful for the Cosmos Hub and you would like to see depositors penalized by revocation of the 64 ATOM deposit, which contributes towards an automatic 1/3 veto threshold.