Beneficiary account:
3zkooCHZAiukUCPp1dXwTRkRwyfzcyzFFZ1tptXwZShnFoPx
I am submitting this Treasury proposal to request reimbursement for event-related expenses incurred during Phala Network’s global outreach and technical engagement efforts in the first half of 2025 (H1 2025).
Over the past six months, Phala has been actively involved in some of the most influential Web3 conferences and developer gatherings, strategically positioning Phat Cloud and Dstack as core infrastructure offerings in the confidential computing and AI-agent space.
This proposal covers costs such as venue fees, speaker and booth sponsorships, travel and accommodation for team members, promotional SWAGs, bounties for hackathon participants, and local logistics. A full expense breakdown is included below.
ConsensusHK 2025
Feb 17 - Feb 21
Phala participated in ConsensusHK 2025 as a Hackathon sponsor and bounty provider, contributing to the event’s developer momentum by funding challenges centered around trustless AI infrastructure. This event helped position Phala as a key player in confidential AI compute.
https://x.com/PhalaNetwork/status/1892063775961862218
EthDenver
Feb 23 - Mar 2
Phala Network had a strong presence throughout ETHDenver week, participating as a co-host, speaker, and ecosystem contributor. We co-organized the TEE Party, a flagship side event focused on confidential computing, alongside Oasis, iExec, and Automata. Our team also spoke on panels at FHE Con and the DeAI Summit, engaging in discussions on trusted execution environments and AI governance. These activities significantly enhanced Phala’s reputation in the encrypted AI and decentralized infra space.
https://x.com/PhalaNetwork/status/1895857630071177221
https://x.com/PhalaNetwork/status/1895860727749193785
https://x.com/PhalaNetwork/status/1895864760165601745
Learn-to-hack AI-Agent evolution Hackathon in HK
Apr 7 - Apr 9
Phala co-organized this focused hackathon alongside TinTinLand, offering bounties and serving on the official judging panel. Our team offered hands-on technical support, and the top projects demonstrated creative applications of confidential inference.
https://x.com/OurTinTinLand/status/1908027403630477603
https://x.com/PhalaNetwork/status/1910356300552392914
Bitcoin2025
Apr 26 - May 1
Although we did not sponsor this event, Marvin and the team had presence on the ground to observe key trends in Bitcoin L2, mining, and trustless compute discussions, and formed early connections with ecosystem players relevant to Bitcoin-integrated compute environments.
https://x.com/PhalaNetwork/status/1927392638765834335
IC3 Blockchain Camp 2025
Jun 9 - Jun 15
Our team joined this research-focused event hosted by the Initiative for Cryptocurrencies and Contracts (IC3). We sponsored the program and offered bounty challenges around confidential AI agents using TDX, TEE, and ZK. It helped us build rapport with researchers at top universities including Cornell, ETH Zurich, and CMU.
https://www.initc3.org/events/2025-06-09-ic3-blockchain-camp-2025
https://x.com/PhalaNetwork/status/1933156094630638061
EthCC 2025
Jun 27 - Jul 3
Phala co-hosted a side event and participated in ecosystem panels, bringing visibility to our work on decentralized AI infra. With Europe’s deep focus on privacy and regulation-compliant Web3 infra, this event helped position Phala Cloud for long-term engagement in the region.
https://x.com/PhalaNetwork/status/1938308867827638541
The Phala team was represented by the following team members:
Budget request for the events:
| Event | Phala Team Attendie | Hotel/Per/Night | Round Flight/Per | Sponsor+Bounty (Sum) | SWAGs & Delivery | Food, Tickets and local transportation | Total |
|---|---|---|---|---|---|---|---|
| ConsensusHK 2025 | 1 | $100 (4 nights) | $400 | $5,000 | $1,000 | $500 | $7,300 |
| EthDenver | 6 | $100 (7 nights) | $450 | $20,000 | $2,000 | $3,000 | $31,900 |
| Learn-to-hack AI evolution Hackathon in HK | 1 | $700 (2 nights) | $500 | $2,000 | $300 | $200 | $4,400 |
| Bitcoin2025 | 2 | $150 (5 nights) | $350 | $0 | $500 | $500 | $3,200 |
| IC3 Blockchain Camp 2025 | 1 | $250 (6 nights) | $900 | $15,000 | $200 | $200 | $17,800 |
| EthCC 2025 | 2 | $250 (6 nights) | $2500 | $7,000 | $500 | $2,000 | $17,500 |
Budget request for the proposal:
1 PHA = 0.1009 USD according to EMA7 of 11th Jul,2025 by CoinMarketCap
Phala Network submitted a Treasury proposal to request reimbursement for event-related expenses in the first half of 2025. They participated in several influential Web3 conferences and developer gatherings to promote Phat Cloud and Dstack as core infrastructure offerings in confidential computing and AI-agent space. The proposal covers costs like venue fees, sponsorships, travel, accommodation, promotional materials, bounties, and local logistics. The events include ConsensusHK 2025, EthDenver, Learn-to-hack AI-Agent evolution Hackathon in HK, Bitcoin2025, IC3 Blockchain Camp 2025, and EthCC 2025. The total expenses amount to 82,100 USD, which is equivalent to 813,677 PHA based on the EMA7 value of PHA on 11th July 2025.