# Libwallet spending proposal

_**License:** GPLv3_  
_**Requested amount:** 1273.95 DOT_  
_**Timeline:** 6 weeks_  
_**Contact:** 📧 [contact@virto.team](mailto:we@virto.team); 🗨️ [#virto-network](https://matrix.to/#/#virto-network:virto.community)_  

Libwallet is a lightweight and very portable library with simple to understand and use abstractions that allow creating chain-agnostic crypto wallets able to run in all kinds of environments like native applications, hosted wallets, the browser or even embedded hardware.

**🔗 More information in the original [discussion](https://polkadot.polkassembly.io/post/825) 🔗**

 Clears all public proposals.

 The dispatch origin of this call must be _Root_.

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- Problem Statement: The Polkassembly CouncilMotion post is aimed at the Polkadot community, seeking funding for the development of Libwallet, a chain-agnostic crypto wallet.
- Significance: The development of a lightweight, portable, and chain-agnostic crypto wallet is crucial for enhancing the versatility and accessibility of cryptocurrency transactions across various platforms.
- Proposed Solution: The proposal requests 1273.95 DOT for a 6-week timeline to develop Libwallet, a library that allows the creation of chain-agnostic crypto wallets.
- Expected Outcomes: The successful development of Libwallet will enable cryptocurrency transactions in diverse environments, including native applications, hosted wallets, browsers, and embedded hardware, thereby increasing the utility and reach of cryptocurrencies.

#148 Libwallet treasury proposal

No Active Proposals