Polkadot community PolkaWorld has announced that it has halted its operations after the community’s proposal to get funding from Polkadot’s treasury was rejected. The organization raised several concerns about the project’s treasury management and made several claims in a recent announcement.
In a post published on PolkaWorld’s official X (formerly Twitter) account, the organization claimed that the treasury management under Polkadot’s new open governance platform, OpenGov, is affecting long-term contributors to the Polkadot ecosystem. According to PolkaWorld, many organizations are being rejected by the treasury and are leaving the Polkadot ecosystem.