## **TL;DR  Continuation Operations Spain & Andorra BD Team - 12 months**&#x20;

We are **IBERLABS**, formerly known as the **Business Development team for Spain & Andorra**. Over the past year, we've worked to expand Polkadot’s presence across the region by building partnerships with institutions, enterprises, and public entities.

We’ve taken note of all the feedback from our last proposal so this version comes more focused and better aligned with the community’s expectations, responding to every request made.

This is not a new initiative. It’s a continuation of the work already in progress. We’re fully active on the ground, advancing deals, helping partners integrate, and making Polkadot part of real business in these regions.

Check our full [proposal](https://docs.google.com/document/d/1stEJFpQfhcNTzDzxXwulcapv2rn5_MzPxlFCUEQmQ2A/edit?usp=sharing)

**Recent Achievement**

* **Xhype** – A global ZeroData marketplace integrated with **SubWallet** and **Polkadot AssetHub.**

![Diseno sin titulo.gif](https://i.ibb.co/1JzsDf97/mdx-Editor-IBERLABS-1745786739612.gif)

&#x20;[Cointelegrapf Coverage](https://es.cointelegraph.com/news/xhype-integrated-polkadots-subwallet-for-private-payments-in-more-than-180-countries)

* **Kunveno (Web3Spaces)** – A Web3 freelancing platform. Recently released PolkaTalent campaign for the further development of their UX
* **Catapulta** – A no-code dApp builder supporting Moonbeam deployments.
* **Andorran Sandbox** – Agreement in progress, soon to be officially announced, with the Government of Andorra to support Web3 startups and institutions within their regulated sandbox framework
* **Institutional DOT Fund and Staking** – In progress with **MoraBanc**, enabling regulated access to DOT and staking for institutions.

***

**🤝 Partners We've Engaged**

![leads.png](https://i.ibb.co/fVsPqh4n/mdx-Editor-IBERLABS-1745786954237.png)

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:** IBERLABS, the Business Development team for Spain & Andorra, seeks to continue operations for 12 months to expand Polkadot’s presence in the region.
- **Significance:** Enhancing partnerships with institutions, enterprises, and public entities in Spain and Andorra to integrate Polkadot into real business operations.
- **Proposed Solution:** Continuation of ongoing work to advance deals, assist partners in integration, and promote Polkadot in the regions.
- **Expected Outcomes:** Strengthened partnerships, increased Polkadot adoption, and continued support for Web3 startups and institutions in Spain and Andorra.

#1540 Continuation Operations for 1 year - Spanish BD Team, now IBERLABS

No Active Proposals