Scaling Polkadot: Driving Blockchain Innovation for Real-World Assets - Business Development Proposal
Beneficiary:Hi everyone,
I'm excited to share the Assets Unlocked business development proposal, which aims to position Polkadot as the preferred solution for Real-World Asset (RWA) tokenisation. Building on the incredible momentum from the last 6 months, this next phase of the effort will strategically scale our impact, deepen partnerships, and strengthen Polkadot's position in this emerging sector.
Highlights of the last 6 months:
Unergy Collaboration: We secured a partnership with Unergy, a clean energy company managing a USD 23M portfolio of solar assets. Unergy will bridge its token, backed by its solar asset portfolio, to the Moonbeam network, enabling token holders to receive yield natively.
Asian Development Bank: We advanced our collaboration with ADB Greater Mekong River Sub Region Team, who have requested a presentation in January on Polkadot's applications for agricultural trade and compliance with EU deforsestation regulations.
NEITEC: We are actively engaging NEITEC, a London-based fintech firm dedicated to helping SMEs issue private bonds on-chain, particularly in Latin America, and connecting them with institutional investors and multilateral banks.
Agora Labs: We are positioning Agora Labs, a health tech company, to integrate a Polkadot parachain into their privacy-preserving health data sharing platform.
Content & Outreach: We published 9 blog posts, 3 country reports, 6 videos and 2 podcasts, creating significant thought leadership in the RWA space. These efforts generated 21 active leads, with successes in energy, finance, education and more.
Global Reach: Although initially focused on South East Asia, we attracted strong interest from LATAM and Europe.
Goals for the next 6 months:
Looking ahead, we aim to build on this success by:
Marketing and Content Creation: Producing high-quality blogs, reports, videos and case studies to educate the market and highlight Polkadot's capabilities in various industries.
Expanding Partnerships: Deepening relationships with existing leads while attracting new partners in finance, sustainability, health care and infrastructure.
Enhanced Account Management: Improving onboarding processes. Supporting partners in navigating the Polkadot ecosystem and fostering long-term collaborations.
Transparent reporting: Providing progress updates to the community via formal reports and updates.
Why it matters:
The blockchain landscape is evolving rapidly, with major institutions like BlackRock, JP Morgan, and CitiBank leading the tokenisation charge. As regulatory frameworks look more favourably towards adoption, Polkadots unique value proposition positions it as a clear leader in enabling scalable, secure, and interoperable solutions for RWA.
Proposed budget and timeframe.
To achieve these goals, we propose a budget of USDT 127,050, covering professional fees, operational expenses, and VAT. This budget will cover a period of six months.
You can find the full proposal through the link below:
Thanks for the Assets Unlocked Team.
Comments (6)
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Nay (57)0.0 DOT
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It is our opinion that the deliveries differ significantly from the proposed work.
We need to remind the voters, that this proposer has already two different referenda approved:
412 "Polkadot in Finance" didn't develop any lead or concrete project in the financial world.
https://polkadot.subsquare.io/referenda/412?tab=votes_bubble
https://app.ogtracker.io/smallSpender/412?tab=progress
"Attracting financial institutions" was marked as delivered even though we don't see the actual impact or development of said institutions, we are currently seeing development being made on small startups in the SEA region and Colombia. Some of the proposed integrations listed on referendum 412 were:
The World Bank, EBRD, HSBC, Macquarie, banks in several countries across Southeast Asia - Maybank, Union Bank, RCBC, BPI, BDO, Security Bank.
None of which has led to concrete leads or work being done in such fields.
837 "BD & Marketing Proposal. Polkadot as the preferred network of chains for digitizing financial assets and similar real world assets" also requires reports:
https://polkadot.subsquare.io/referenda/837?tab=votes_bubble - review voters in favor.
All items still in progress: https://app.ogtracker.io/smallSpender/837?tab=progress
All the promised partnership pipelines are missing: "Mainly focused on the Philippines,Japan and Vietnam, as well as supporting the existing pipeline in the Philippines. Rob brings a different angle altogether, with a BD focus on Health Care." Also, work in Philippines, Japan and Vietnam"
https://docs.google.com/document/d/1lt98sKo10hBKaEN8CGRqNbD2VEl_l7TOegSSGWzeo5M/edit?tab=t.0
Instead different deliveries have been presented as closed deals: Solar farms in Colombia - https://unergy.io/, transactionality for “AI agents” - https://www.wire.network/ and Cashbacks - https://bringweb3.io/. In our view, even if reports were presented to OpenGov the substance, interconnections with other parties and impact of the work is still undetermined (undetermined the role of Polkadot on the latter two integrations, ADB and Agora) and low impact overall. The self-described delivery and results have also been light touch. So it’s left for other parties to figure out the details of deeper integrations it seems and communication overall with other parties within Polkadot remains minimal. In that aspect we would like to invite and hear from the parties that have been positively affected by these efforts to vouch for the continuation and the value of the new integrations. This is the only aspect that we will consider regarding referendum 1342.
Currently referendum 1342 is promising deployment to South America (The second ongoing referendum stating that) despite previously presenting themselves as having a strong presence in Asia and not once mentioning South America which makes us extremely doubtful of their effective reach within that region. The only described funnel is NEITEC, other details are missing on that regard which also piles up in the doubts about the South American reach.
Issues with the described deliveries:
https://unergy.io/
We believe this is the lead that is going to move them to a South America focus. We still don’t believe that this project is the best approach for what was approved previously. Parts of the website don’t seem to redirect properly. There is still no mention of Moonbeam or Polkadot integrations anywhere. Allegedly a Moonbeam contract deployment is in the works.
https://www.wire.network/
It's hard to determine what the Polkadot integration is.
https://bringweb3.io/.
It's hard to determine what the Polkadot integration is.
Due to the lack of clarity on the plans and different deliveries we are going to vote NAY. The only new information that we will pay attention to, is the feedback from benefited parties and how the delivery impact on Polkadot is high if anybody can bring such information to this referendum.
David from the Web3 Foundation here: For a few weeks now, I've been in contact with Rob Holmes. I can confirm that I have calls scheduled with https://bringweb3.io/ and https://www.wire.network/ to learn more about their solutions and interest in Polkadot (at the end of the week). Besides this, Rob also made some other introductions. It's too early for me to say that any of the projects will be successful, but at least I can confirm publicly that he worked on this and made the introductions to Web3. I also want to point out that one problem for any BD team is that we didn't have any coordinated efforts so far. So, to also share it here: if you are working on any deals and you need help from others, feel free to reach out to growth [at] web3.foundation. This is an interim solution. We are also working on website updates and a shared CRM.