[This proposal is being re-submitted due to a technical error. We extend our gratitude to everyone who supported us during this time and guided us through the process. We're back and ready to move forward]

Our initial concept was presented on AAG on October 24, and we're gearing up for another session on November 14. After a month of in-depth discussions with the community, we gathered valuable feedback and insights and incorporated these key points into the proposal description to reflect what the community values most.

Feel free to drop any thoughts or feedback in the comments below — your insights will help us refine our approach and make the final outcome even stronger!

Tl;dr Requesting $300K USDT to fund a Creative Tech Accelerator for Polkadot

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We are [Fuelarts](https://fuelarts.com), a Creative Tech startup accelerator that has been active in the market since 2019. We specialize in blockchain ecosystems, whether building them from the ground up or enhancing existing ones. In 2023, we ran a successful batch for Tezos, integrating 10 new dApp startups into their ecosystem. 

[BitBasel](https://www.bitbasel.miami/), one of the leading Web3 and Digital Art enablers, is our partner on projects in Miami and across the US. This program will be developed with their extensive support and active involvement.

Our analysis of the Polkadot creative startup ecosystem revealed an over-saturation of marketplaces (trade) and a shortage of startups in crucial areas such as production, management, and analytics. However, we identified intriguing cross-industry intersections (fitness + GameFi, automotive + GameFi, etc.), highlighting the significant potential for blockchain-based gaming applications.

**This proposal for Polkadot highlights the following potential opportunities for the blockchain brand:**

• Expanding and establishing a strong presence in the US market, both online and physically (Miami)

• Preparing the Polkadot creative startup ecosystem for the next market cycle by attracting utility-based business models

• Positioning Polkadot as the leading blockchain for the creative economy (art, fashion, music, cinema, design, etc.)

• Implementing Polkadot’s Web3 tools within Web2 companies in the creative industries (auctions, fairs, film companies, concert agencies, architectural firms, advertising bureaus, etc.)

• Reigniting investor interest in Web3 startups on Polkadot, reducing reliance on treasury funding.  The collaboration offer between Fuelarts x BitBasel and Polkadot implies exclusivity — we will not conduct other acceleration programs in 2025 directly or indirectly related to other Blockchain brands.

Click here to view the [Pitch Summary](https://drive.google.com/file/d/1rvKBrSYsok0GOdS3Ag-kA1fNU2-trmTA/view)
Click here to view the full [Pitch Deck](https://bit.ly/40b7gyH)
Click here to review the [Financial Overview](https://bit.ly/40daAJG)

**Core Insights from Discussions with the Polkadot Creative Community **

One of the biggest hurdles for Polkadot’s creative dApps ecosystem is building user traction and gaining investor confidence in sustainable growth. Our aim with the Fuelarts x BitBasel accelerator isn’t just to launch more startups or art projects within Polkadot and call it a day. Instead, we’re here to set a new standard where “creative” is synonymous with responsibility and sustainability.

To achieve this, we’re focusing on MVP / MVP+ startups with established user bases — teams that can bring dedicated users who see Polkadot as their platform of choice.

Additionally, we see Web2 audiences as a gateway. Picture this: onboarding Art Basel’s 200K+ client base through a Polkadot-powered payment solution. We've scheduled a December meeting with Art Basel’s blockchain team to explore this, with plans to reach out to Sotheby’s, Christie’s, and eventually expand into sectors like music, film, and fashion.

We recognize that while Polkadot has plenty of art marketplaces (20+ sites and 14 collections), many lack meaningful utility for asset holders, reducing engagement. Rather than adding more marketplaces to the batch, we’ll focus on collaborating with existing ones to enhance asset utility and drive demand.

To further distinguish Polkadot startups, we’ll keep pace with NFT trends, introducing rebranding strategies that empower startups to stand out. The tools developed in this accelerator batch will be applied across the Polkadot ecosystem, ensuring long-term growth and relevance. 

Denis, Fuelarts / Jorge, BitBasel

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 & Audience:** Requesting $300K USDT to fund a Creative Tech Accelerator for Polkadot.
- **Significance:** Addressing the over-saturation of marketplaces and shortage of startups in key areas within the Polkadot creative ecosystem.
- **Proposed Solution:** Establishing a Creative Tech Accelerator to enhance Polkadot's creative startup ecosystem.
- **Expected Outcomes:** Positioning Polkadot as a leader in the creative economy, attracting utility-based business models, and reducing reliance on treasury funding.

#1289 Fuelarts x BitBasel | Creative Tech Accelerator for Polkadot

No Active Proposals