Proposal: [2508 Grant] M4 Infrastructure Ventures Path to Ecosystem Growth
Vote: Against
Rationale: Truly appreciate your work @Francisco and the level of transparency in the milestone update. As we mentioned earlier in our review:
With that in mind, looking at the two remaining active projects, we have concerns about whether the M4 tranche is justified at this stage.
The amount being requested and the GTM plan don’t match. $15,000 is a significant ask under the new grant framework, and what’s been shared is primarily a set of social announcements, a gov forum post, tweets, and an internal Slack note. There’s no user acquisition strategy, no distribution plan, and no Rootstock-specific partnership activation. That doesn’t meet the bar.
The targets are also difficult to take at face value. SuperStake set a goal of 200K+ transactions and $300K+ volume within 2.5 months. Current actuals are 31 transactions, 8 wallets, and ~$1K in volume. The gap is wide enough that we’d expect a concrete plan explaining how it gets closed, not just an aspiration.
On Peach Bitcoin, we still have no data on how users are actually choosing Rootstock as a rail versus Bitcoin mainnet or Liquid Network. That question remains unanswered.
Given all of this, we’re not in a position to support the M4 tranche at this point.