Talisman Proposal: Business-Friendly Polkadot MultiSig

Talisman (talisman.xyz) is a community-owned wallet and web application that enables users to “traverse the Paraverse” with ease. We believe in a future where everyone has freedom via true agency over their intentions and finances, and we believe that DotSama will bring this to fruition.

For more on Talisman’s mission and approach, please see Agyle’s talk at Polkadot Decoded: Polkadot Decoded 2022: Traverse the Paraverse: How Talisman is bringing multi-chain to the masses

And Jonathan’s talk about wallet UX at the Sub0 developer conference:
Talisman: The UX Chronicles: How To Deliver A Substrate Experience To The Masses

Today, because of its early stage of development and complex multi-chain architecture, both Polkadot and Kusama are changing rapidly and the user experience (UX) can be confusing for end users. It’s our goal to solve that using design, storytelling, and engineering. We abstract away the complexity of underlying implementation and provide a friendly user experience when using DotSama and a way to discover new applications and services available to end users, while keeping them safe and educated about the actions they are taking.

This proposal is for a business-friendly multisig frontend to lower the difficulty for teams and businesses when running their financial operations on Polkadot. Teams currently face many difficulties when trying to perform these operations, risking mistakes along the way, and leading them to choose convenience over security. We will apply Talisman’s UX and design philosophy to create improvements for standard workflows for Polkadot multisig usage (based on the current multisig pallet), and eventually integrate upgrades when improvements to the multisig pallet itself are available.

We have spoken to a number of stakeholders in the ecosystem and have strong validation for our proposed solution:

“Creating child bounties in pjs is time consuming and error prone, you have our full support” - Zoe Mechbach, VP, Phala Network
“We will definitely use it because we need it!” - Shun P, Head of Ops and Finance, Astar
“We would use it for sure” - Dennis & Alexandra, CTO & Marketing Director, Bitgreen
“If there was a multisig with better UX that allowed us to craft and verify multisig transactions faster we'd use it” Bruno, Founder, RMRK
“If you can improve the UX to make it easier for non-technical users to initiate and safely sign transactions, we will switch” - Daniel, Founder, Tapio

The full proposal is here.

This submission follows from the following forum discussion:
https://polkadot.polkassembly.io/post/1569

Talisman (talisman.xyz) is a community-owned wallet and web application designed to simplify the use of multi-chain networks like Polkadot and Kusama. The platform aims to provide users with a seamless experience, making it easier to navigate and interact with various blockchain applications.

Mission: To empower users with true agency over their finances and intentions, believing that Polkadot (DotSama) will help achieve this.
Challenges: Both Polkadot and Kusama are evolving rapidly, leading to a complex and sometimes confusing user experience (UX) for end users.
Solution: Talisman plans to address these challenges through design, storytelling, and engineering, simplifying the UX and making it safer for users.
Multisig Frontend: The proposal includes creating a business-friendly multisig frontend to make financial operations easier for teams and businesses on Polkadot, reducing the risk of errors.
Stakeholder Support: Several key stakeholders in the Polkadot ecosystem have expressed strong support for the proposed solution, highlighting the need for improved UX in multisig transactions.
Future Plans: Talisman will continue to improve the UX for multisig usage on Polkadot, integrating upgrades as the multisig pallet evolves.
Full Proposal: The detailed proposal can be found here.
Discussion: The proposal is a follow-up to a forum discussion on Polkassembly.