TL:DR 👇🏼

About

This proposal requests funding to expand native NFT capabilities and seamless newcomer onboarding directly within Polkadot's Asset Hub. By closing critical gaps like limited minting, metadata modularity, interoperability, documentation and more, Asset Hub can transform into the welcoming hub for the next generation of digital ownership innovation on Polkadot.

Context

Interest in advanced NFT functionality grows rapidly network-wide, but foundational work remains across Polkadot to actualize this. Gaps risk fragmented experiences across disjointed offerings from various parachains. Whereas strong features like XCM, components and tooling in the Asset Hub can transform Polkadot into a robust base layer ushering the next NFT paradigm. Without addressing barriers here, Polkadot risks missing the window towards mainstream cultural adoption of web3 models, by allowing rival chains to dominate the NFT ecosystem - a pivotal gateway application driving this adoption.

Problem

Core NFT activities remain severely constrained in Asset Hub presently with no unified platform addressing needs at scale. This exacerbates barriers to mainstream adoption by creators, developers and businesses exploring web3 models.

Solution

KodaDot, as the top Polkadot dApp according to GitHub metrics, bringing specialized Substrate/NFT expertise, will integrate an advanced NFT pallet enabling features like customizable metadata, composability and modular roadmaps. Additional UI, SDKs and XCM utilization will provide delightful, intuitive experiences catering to both technical and non-technical users across chains.

Impact

Unlocking robust minting, ownership and composability establishes Asset Hub as the preferred all-in-one platform for consumers to create, manage and exchange NFTs across the Polkadot ecosystem. Users access the full suite of capabilities within one place, rather than a disjointed array of tools. This convenience and consolidation democratizes access for community growth, while increased utility benefits stakeholders like validators, DOT holders and DeFi protocols building atop the foundation.

Milestones

The work is structured across 8 milestones ensuring gradual, measurable progress:

NFT Pallet Integration
Landing Page Components
Gallery View
Minting Tools
Profile Management
Transfers & Teleportation
XCM Auto-Teleport
Ongoing Maintenance & Marketing

Milestones 1-7 are complete. Milestone 8 funds continued bug fixes, optimizations and customer support over 6 months.

Budget

The $530k budget is allocated towards the combined ~21k hours of development work across the 8 milestones based on resourcing needs. This covers robust solutions tailored for Polkadot while upholding strong technical quality standards throughout. KodaDot is fully open-sourced and has a bounties program in place which has disributed over $500k to developers building on Polkadot.

Success Metrics

Our campaigns minted on Polkadot Asset Hub in last 3 weeks

Summary

Proposal: Request for funding to enhance NFT capabilities and onboarding on Polkadot's Asset Hub.
Objective: Transform Asset Hub into a welcoming platform for digital ownership innovation.
Challenges: Limited NFT features, fragmented experiences, and barriers to mainstream adoption.
Solution: Integrate advanced NFT features like customizable metadata and composability.
Impact: Establish Asset Hub as the preferred platform for NFT creation and management.
Milestones: 8 phases including NFT pallet integration, minting tools, and ongoing maintenance.
Budget: $530k for 21,000 hours of development work.
Success Metrics: Increased NFT minting on Polkadot Asset Hub.

Infrastructure funding for Polkadot Asset Hub #2 - Components