Messari is looking to renew its <a href="1521">existing engagement</a> with Polkadot to provide institutional-grade recurring research. We've simplified the proposal to only include quarterly reports to reduce the budget by ~30% from last year.&nbsp;
We&rsquo;ve worked closely with Parity Data over the last year who have been key partners with which we'll continue to work with on this to ensure we're getting the highest quality data to best represent the state of on-chain activity.&nbsp;
These reports are sent out out to 350,000 of our subscribers along with three of the largest traditional research platforms with the Bloomberg Terminal, S&amp;P Capital IQ, and Refinitiv.

The total cost will be $120k payable in DOT with the same 10% premium to account for market volatility.&nbsp;
You can find more details in the <a href="https://docs.google.com/document/d/12RNzqvfUKG16dtGvlPYIWouxWiyVzLnGqVOco_FDFlI/edit">full proposal.&nbsp;</a>

Continuation of work through Messari Protocol Services

- **Problem Statement:** Messari aims to renew its engagement with Polkadot for quarterly reports, reducing costs by 30%.
- **Significance:** Providing institutional-grade research to 350,000 subscribers and major research platforms.
- **Proposed Solution:** Quarterly reports with data from Parity Data, ensuring high-quality on-chain activity representation.
- **Expected Outcomes:** Cost-effective engagement with Polkadot, delivering valuable insights to subscribers and research platforms.

#2213 Continuation of work through Messari Protocol Services