Referendum #1035

AssetPortal (Milestone 1)

13GW...JeKs

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1mo ago

9 Comments

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AI Summary

Proposer: ASSET PORTAL

Requested amount: 30,981.00 DOT

Purpose of the proposal: The primary objective of this funding is to enhance the value of the Asset Hub network by developing and delivering a versatile and intuitive asset management portal to the community. Leveraging the network’s functionalities, our goal is to provide a satisfying user experience when logging into Asset Hub. Additionally, we aim to streamline navigation across the entire Polkadot ecosystem through a purpose-designed user interface.

Summary:
We are aware of the importance of Asset Hub, the idea of transferring token holding from the Polkadot relay chain, and the limitations it currently faces due to a lack of UX/UI. That is why we decided to create this portal and aim to increase the number of Asset Hub users and the ecosystem as a whole.
Our goal is to create a portal where users can send their tokens from a CEX to Asset Hub (to the wallet of their choice), view their assets, and from there provide the corresponding facilities to enable them to transfer those tokens to the parachain of their choice or interact with Asset Hub.
In AssetPortal, users will be able to:
View their wallet balances (either in read-only mode or by connecting an installed wallet).
Transfer their tokens.
Use XCM to redirect their tokens to a parachain.
Discover the DEFI ecosystem of Polkadot.
Swap assets on the Asset Hub pallet.
Use the Polkadot-Kusama bridge.
Create and mint new assets.
Manage the assets they've created.
Interact with their NFTs.
And more.
Additionally, we plan to connect Kusama Asset Hub and bring those functionalities as well.

Moreover, it is worth mentioning that the project is completely open-source (you can see all the code here)
You can visit us at assetportal.io to explore all the features we offer.

You can read the full proposal here.

Contact:
https://assetportal.io

https://x.com/AssetPortal

[email protected]

Asset Portal Team.

"We are unable to verify the identity of this account because it's not currently working"

Request

30,981DOT

Status

Decision28d

Confirmation4d

Attempts

Tally

85%Aye

50.0%Threshold

15%Nay

Aye

≈46.96MDOT

Nay

≈8.27MDOT

0.0%
0.0%
0.0%

Threshold

Support(0.92%)

≈13.5MDOT

Issuance

≈1.46BDOT

Votes

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SAXEMBERG

Hello and thank you for the proposal.
We appreciate the effort and the current PoC but we have some questions regarding this proposal that relate to integrations, future budget, future maintenance and legal+tax expenses.

First of all, we are very happy to see PBA alumni submitting an OpenGov proposal, staying on Polkadot to build and more importantly working on AssetHub, something that has been extremely needed for a while.

We see that the teleport utility is currently showing all Polkadot parachains. Are there plans to integrate Hyperbridge (under development), Wormhole (live) and Snowbridge (recently live) assets to Assetportal? We see this as extremely important as these foreign assets, or local assets seeking teleportation to other chains are meant to be critical for future adoption, liquidity and integration of Polkadot with the wide crypto ecosystem. This item is not mentioned either on the Milestone 1 or 2 of the proposal. We only see mentions of KSM-DOT assets.
There are currently 2 AssetHub swap projects (Kheopswap and Dotswap) and potentially more coming in the future. Will all of them be included as a backend or widget into Assetportal or will there be a preference towards a single exchange? We prefer that all possible candidates are included so users get to pick them in a similar way Defillama swap shows all exchanges without picking a favorite. This will be very important once AssetHub migrates to Plaza (more on this next).
Do we have a concrete idea of the cost of the 2nd milestone? We are starting to ask about these costs in advance as we see that most projects leave that cost unspecified and OpenGov should be aware of the total cost of a project's completion.
Will Plaza migration/upgrade require an additional funding proposal and/or restructuring. In a similar sense, what is it going to be the maintenance costs and plans after the delivery of milestone 2.
Can you expand a bit more on the 27k USD as legal registration and tax consultancy? At first glance it seems rather on high end.

Looking forward to your answers.

12uo...L7fG

Hello @AssetPortal Team,

This project really looks interesting. I have sent you a personal email about a query. Do Let me know if you have received that mail.