<h3 id="jamtonbringing950millionuserstopolkadot">JAMTON: Bridging 950 Million Users to Polkadot</h3>
JAMTON is a cross-chain layer designed to connect the TON (The Open Network) ecosystem, with its 950 million Telegram users, to the Polkadot ecosystem. As a Polkadot parachain, JAMTON will facilitate seamless cross-chain communication, liquidity flow, and user interaction between the two ecosystems, enabling Polkadot-based projects to tap into the vast TON user base and liquidity.
JAMTON will act as a gateway, allowing TON projects and Telegram users to seamlessly engage with Polkadot's powerful infrastructure and decentralized applications. This will result in massive user growth, increased liquidity, and enhanced interoperability for Polkadot-based projects, opening the door to millions of new users and a steady influx of liquidity from the TON ecosystem.
Find out more details in the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full proposal document</a>.
Discussion post:&nbsp;<a href="../post/2501">https://polkadot.polkassembly.io/post/2501</a>
<h3 id="howjamtonbenefitsthepolkadotecosystem">How JAMTON Benefits the Polkadot Ecosystem:</h3>
<ul>
<li>User Growth &amp; Engagement. JAMTON offers a direct bridge to Telegram users, providing easy entry into Polkadot through tools like Telegram Wallet and Mini Apps, massively boosting user engagement and ecosystem participation.</li>
<li>Increased Liquidity. By connecting Polkadot and TON ecosystems, JAMTON enables an inflow of liquidity from TON token holders into Polkadot-based projects, driving growth in Polkadot&rsquo;s DeFi ecosystem and staking protocols.</li>
<li>Enhanced Cross-Chain Interoperability. JAMTON facilitates atomic cross-chain interaction between Polkadot parachains and TON-based projects, expanding Polkadot's interoperability beyond its own ecosystem and into the TON ecosystem.</li>
</ul>
&nbsp;
<h3>Key Deliverables of the JAMTON Development</h3>
In this proposal, we plan to build the following core components of the JAMTON project:
<ul>
<li>Cross-chain infrastructure as parallelized decentralized layer to enable interoperability between TON and Polkadot.</li>
<li>Fast and secure asset bridge between the two ecosystems.</li>
<li>Simplified entry for TON users and liquidity into the Polkadot ecosystem.</li>
<li>Telegram Mini App for smooth interaction with JAMTON protocol and dApps.</li>
</ul>
The development roadmap is designed for 3 milestones of 3 months each. See detailed roadmap and deliverables in the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full proposal document</a>.
&nbsp;
<h3>Funding Request</h3>
We are seeking a treasury allocation of 251,660 USDC on Polkadot Asset Hub to fund the development of JAMTON, a game-changing cross-chain solution that bridges the Polkadot and TON ecosystems.
This amount will cover:
<ul>
<li>Development and deployment of JAMTON&rsquo;s toolkit and infrastructure.</li>
<li>Marketing and outreach to bring more users and developers into the Polkadot ecosystem.</li>
<li>Ongoing support and maintenance.</li>
</ul>
&nbsp;
We kindly request your support for this strategic initiative, which will position Polkadot as a more interconnected, liquid, and accessible ecosystem through the power of JAMTON.
&nbsp;
See the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full funding proposal</a> for more details.

<h3 id="jamtonbringing950millionuserstopolkadot">JAMTON: Bridging 950 Million Users to Polkadot</h3>
JAMTON is a cross-chain layer designed to connect the TON (The Open Network) ecosystem, with its 950 million Telegram users, to the Polkadot ecosystem. As a Polkadot parachain, JAMTON will facilitate seamless cross-chain communication, liquidity flow, and user interaction between the two ecosystems, enabling Polkadot-based projects to tap into the vast TON user base and liquidity.
JAMTON will act as a gateway, allowing TON projects and Telegram users to seamlessly engage with Polkadot's powerful infrastructure and decentralized applications. This will result in massive user growth, increased liquidity, and enhanced interoperability for Polkadot-based projects, opening the door to millions of new users and a steady influx of liquidity from the TON ecosystem.
Find out more details in the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full proposal document</a>.
&nbsp;
<h3 id="howjamtonbenefitsthepolkadotecosystem">How JAMTON Benefits the Polkadot Ecosystem:</h3>
<ul>
<li>User Growth &amp; Engagement. JAMTON offers a direct bridge to Telegram users, providing easy entry into Polkadot through tools like Telegram Wallet and Mini Apps, massively boosting user engagement and ecosystem participation.</li>
<li>Increased Liquidity. By connecting Polkadot and TON ecosystems, JAMTON enables an inflow of liquidity from TON token holders into Polkadot-based projects, driving growth in Polkadot&rsquo;s DeFi ecosystem and staking protocols.</li>
<li>Enhanced Cross-Chain Interoperability. JAMTON facilitates atomic cross-chain interaction between Polkadot parachains and TON-based projects, expanding Polkadot's interoperability beyond its own ecosystem and into the TON ecosystem.</li>
</ul>
&nbsp;
<h3>Key Deliverables of the JAMTON Development</h3>
In this proposal, we plan to build the following core components of the JAMTON project:
<ul>
<li>Cross-chain infrastructure as parallelized decentralized layer to enable interoperability between TON and Polkadot.</li>
<li>Fast and secure asset bridge between the two ecosystems.</li>
<li>Simplified entry for TON users and liquidity into the Polkadot ecosystem.</li>
<li>Telegram Mini App for smooth interaction with JAMTON protocol and dApps.</li>
</ul>
The development roadmap is designed for 3 milestones of 3 months each. See detailed roadmap and deliverables in the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full proposal document</a>.
&nbsp;
<h3>Funding Request</h3>
We are seeking a treasury allocation of 251,660 USDC on Polkadot Asset Hub to fund the development of JAMTON, a game-changing cross-chain solution that bridges the Polkadot and TON ecosystems.
This amount will cover:
<ul>
<li>Development and deployment of JAMTON&rsquo;s toolkit and infrastructure.</li>
<li>Marketing and outreach to bring more users and developers into the Polkadot ecosystem.</li>
<li>Ongoing support and maintenance.</li>
</ul>
&nbsp;
We kindly request your support for this strategic initiative, which will position Polkadot as a more interconnected, liquid, and accessible ecosystem through the power of JAMTON.
&nbsp;
See the <a href="https://gateway.pinata.cloud/ipfs/QmcMu81VWF5N2SjdVmHcURydRmJ7zFybH6YrNea1Q9fdJD" target="_blank" rel="noopener">full funding proposal</a> for more details.

Treasury Proposal for Funding the JAMTON Project - Bridging 950 Million Users to the Polkadot Ecosystem

Treasury

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least
`amount` of `asset_kind` in the native asset. The amount of `asset_kind` is converted
for assertion using the [`Config::BalanceConverter`].

## Details

Create an approved spend for transferring a specific `amount` of `asset_kind` to a
designated beneficiary. The spend must be claimed using the `payout` dispatchable within
the [`Config::PayoutPeriod`].

### Parameters
- `asset_kind`: An indicator of the specific asset class to be spent.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The beneficiary of the spend.
- `valid_from`: The block number from which the spend can be claimed. It can refer to
  the past if the resulting spend has not yet expired according to the
  [`Config::PayoutPeriod`]. If `None`, the spend can be claimed immediately after
  approval.

## Events

Emits [`Event::AssetSpendApproved`] if successful.

- Problem Statement: Bridging 950 million Telegram users from the TON ecosystem to Polkadot.
- Significance: Enhancing user engagement, increasing liquidity flow, and improving cross-chain interoperability between TON and Polkadot.
- Proposed Solution: JAMTON, a Polkadot parachain acting as a gateway for TON projects and Telegram users to access Polkadot's infrastructure.
- Expected Outcomes: Massive user growth, increased liquidity for Polkadot projects, and expanded interoperability beyond Polkadot's ecosystem.

#1218 Treasury Proposal for Funding the JAMTON Project - Bridging 950 Million Users to the Polkadot Ecosystem

No Active Proposals