Date: 13/02/2024

Requested allocation: 15,000 DOT

Proposed Curator reward: 10% of the total requested allocation.

Short Description: Create a Bounty in Spain & Andorra to attract potential partners and business in Spain & Andorra to the Polkadot ecosystem.

Context: This incentive program aims to attract potential clients located in Spain and Andorra to integrate them into the Polkadot ecosystem. We aim for these clients to build a Parachain, develop a Dapp, or create a plug-in through an existing Parachain, thus meeting the specific needs of their use cases.

Crypto in Spain: Spain is swiftly emerging as a leader in cryptocurrency adoption inside its financial landscape, driven by a powerful trifecta of increased awareness, accessibility, and regulatory advancements. Spaniards are embracing digital assets, utilizing them for everyday transactions and long-term investment ventures.

Our Team: We have formed a competitive team by leveraging the diverse skills of each member. Our approach involves bringing the expertise accumulated over the years into the ecosystem, drawing from prior connections with top companies in the country. Additionally, we are incorporating the individual business experiences of each team member into this proposal. This ensures a well-rounded and capable team, ready to contribute effectively and make a significant impact.

Problem Statement: Polkadot represents highly advanced technology capable of propelling new solutions in the digital world. Within our ecosystem, we understand its potential; however, a gap exists: this potential isn’t effectively communicated beyond it, and many individuals or businesses have yet to discover its full capabilities.

In Spain and Andorra, many opportunities exist for Polkadot to showcase its abilities, but these opportunities are quickly diminishing. Other networks are actively vying for them. This bounty aims to incentivize team members to attract new business to the Polkadot ecosystem. Regular payments will be offered throughout its duration, with additional rewards granted upon converting potential clients into actual businesses for Polkadot.

Proposal Objective: We aim to establish the Polkadot ecosystem as the premier blockchain provider in these three countries, attracting leads and converting them into builders or clients. We concentrate on bolstering Polkadot's presence within Spain's blockchain technology sphere. Our goal is to transform individuals and businesses interested in tokenization, decentralized applications, and more, into active collaborators or developers within the Polkadot system.

Our Strategy: Our strategy involves conducting in-person meetings, offering workshops with technical staff, and utilizing communication channels to transition these contacts into tangible products.

Our commitment is to provide at least 4 qualified leads. 

Some of the businesses we made contact with during events this year:

Strategy & Milestones:

Parachains ready to support our business development efforts:

Rewards: Rewards are based on goals achieved.

Curators: We propose as curators Nick Dunford, Ben Sheppard and Ezio Rojas.

Q&A: Our proposal aligns with the recently approved BD Bounty in Brazil, reflecting our confidence in its effectiveness. We encourage similar proposals in other regions. Regarding the idea of a global bounty, we believe that coordinating an effort of such magnitude would be immensely challenging and potentially counterproductive. Experienced Curators will expedite progress, with rewards contingent on successful agreements and surplus reinvested in Polkadot's treasury.

Regarding rewards in DOT, we see it as a commitment to the ecosystem, boosting cryptocurrency liquidity and adoption transparently. While some may perceive it as capitalizing on short-term growth, the fees are set in USD for transparency, allowing token holders to choose between USD or DOT. Ultimately, the proposal's value will be subject to a community vote.

The full proposal is here.

Link to the discussion here.