Summary: [Fuelarts](https://fuelarts.com) and [BitBasel](https://www.bitbasel.miami) have refined their [previous proposal](https://polkadot.subsquare.io/referenda/1289) for Polkadot, integrating community feedback to address the ecosystem's needs. We propose a structured 6-month educational program bridging artists, collectors and brands in the NFT 2.0 space. Building on Polkadot's significant 2024 growth — where transactions tripled and NFT minting set records — the milestone-based proposal fosters supply and demand plus a revenue-sharing model back to the treasury. This strategy enhances sustainability and transparency, aiming to develop a thriving community of artists and collectors, and solidify a leadership role for Polkadot within this $1.7 Trillion Asset Class.

A [discussion document](https://polkadot.subsquare.io/posts/406) has been posted ahead of the treasury proposal submission.

Tl;dr Amount requested: $316K USDT

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The project was presented on AAG #216 on March 20 (video starts at the presentation segment):

<iframe width="560" height="315" src="https://www.youtube.com/embed/kIntKifbamo?si=4JqtGIFFkrMUV_MX&amp;start=2919" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

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Click here to view the [Pitch Deck](https://drive.google.com/file/d/1vrSv47EV6mWAZ393RA9d7i2AeWAsvQ43/view?usp=sharing)

Click here to view the [Full Description](https://docs.google.com/document/d/1PhLUxruvgRqiaMnLdcTb2cdfj8PCPu8L/edit?usp=sharing&ouid=108694541076876981839&rtpof=true&sd=true)

Click here to view the [Project's Breakdown](https://docs.google.com/spreadsheets/d/1Z86BIc7M09nPu9tdt1qlZ_D65mXIfwgl/edit?usp=sharing&ouid=108694541076876981839&rtpof=true&sd=true)

Click here to view the [Targeted KPIs](https://docs.google.com/spreadsheets/d/1utCukjG5v17OihXyWWPl84F37vXyq2-k/edit?usp=sharing&ouid=108694541076876981839&rtpof=true&sd=true)

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Polkadot has built an exceptional blockchain infrastructure — but adoption depends on engagement. Now comes the real challenge — activating both supply and demand. We need artists, collectors, brands and investors to engage with the ecosystem. This initiative closes the gap, equipping artists and collectors with the tools to bring NFT 2.0 to life.

We invite you to review our proposal, collaborate with us, and be part of shaping the future of creative technology on Polkadot.

Watch us live at AAG sessions in the coming weeks and ask your questions in real time! Thank you.

Denis, Fuelarts / Scott, 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:** Refining a proposal to address the needs of the Polkadot ecosystem by creating a 6-month educational program for artists, collectors, and brands in the NFT 2.0 space.
- **Significance:** Enhancing sustainability and transparency in the ecosystem, aiming to develop a thriving community of artists and collectors, solidifying Polkadot's leadership role in the $1.7 Trillion Asset Class.
- **Proposed Solution:** Implementing a milestone-based educational program with a revenue-sharing model back to the treasury.
- **Expected Outcomes:** Fostered supply and demand, increased engagement from artists, collectors, brands, and investors, and activation of NFT 2.0 on Polkadot.

#1506 Fuelarts x BitBasel | The Artists & Collectors Polkadot Hub to onboard 2000+ new & engaged users, 300+ projects and 10K+ transactions

No Active Proposals