GM Kusama Community, thanks for all the DVs and Communities providing feedback, on these failed proposal attempts:

• https://kusama.polkassembly.io/referenda/481
• https://kusama.polkassembly.io/referenda/478

Learnings: 

• — Non-speculative fund asking, use the EMA right   
• — This program is different from the PBA because it's focused on LATAM, the UX part that is for the interest of decision-makers at operational, transparency, and regulatory level.

Acknowledgments: 

• — The time between proposals is too long. Why? Familiar medical issues and operational alliances were not confirmed.  We keep prospecting and closing as we reach organizations. 
• — At some AAG Jay asked me "Why on Kusama?" and yes not only because of fast approvals, but because Kusama represents chaos, represents non-orthodox methods, continue testing and developing, like any new organization or project, and Kusama is getting mature and taking a new path from their cousin, a path on which we need people to explore the chaos and possibilities of working with true permissionless technology, only ruled by consensus. New countries could born over the decades on top of Kusama, and ghost countries or organizations could also develop for the greater good or for evil, who knows, tech should be neutral, right? But people, professionals, and decision-makers need information, and education, to get their thoughts out of the box. 

The Kusama DAO Academy, or DotSama ecosystem learning through e-learning platform and institutional alliances.

Kusama DAO Academy (KDA) is an educational program designed to train companies, institutions, and organizations in blockchain technology, with a special focus on the Kusama/Polkadot ecosystem. The initiative aims to promote the adoption of decentralized tools such as multisig, DIDs, NFTs, and decentralized financial mechanisms.

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We request 1,050 KSM (~$21,000 USD) 1 KSM = 20 USD EMA= 30 days to develop and launch the program, ensuring its sustainability and expansion in Latin America, for the next 6 months. 

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GrowDAO the team behind this project, successfully provided education to professionals of big corporations and Universities in Mexico and Colombia such as Grupo Salinas, Banco Agrario de Colombia, Certi Cámara, Tecnológico de Monterrey and Universidad Autónoma Metropolitana. 

We acknowledge that if we leave the ecosystem for any reason the community will be affected, that's why we must accomplish this so the community can have it open source and, other Hispanic DAOs or the Ambassadors Programme can benefit from it. (I love this ecosystem, and do better every day to stay with it)

Project Objectives

— Blockchain Education for Companies and Institutions: Teach organizations how to use blockchain technology for fund management, transparency, and operational efficiency.

— Adoption of Kusama/Polkadot: Integrate native ecosystem tools into teaching and certification processes.

— Self-Sustaining Model: Generate revenue through paid certifications and partnerships with universities and companies. (on the mid-run) 

— Open Source Content: Publish educational materials for other DAOs and communities to use and expand upon.

Structure and Implementation Plan

Educational Content

• 6 structured modules on Moodle, accessible via web and mobile devices.
• Key topics: Blockchain security, DIDs, smart contracts, decentralized governance, multisig usage, and more.
• Video lessons, PDFs, case studies, and interactive assessments.
• 1st iteration videos (currently we are updating them to be suitable for Moodle, and zooming into the ecosystem) 

First iteration playlist

Adoption Strategy and Partnerships

— FintechU Mx: Official certification recognized by the fintech sector in Mexico, national and international curricular value for the students. FintechU Mx has a specialized curriculum about fintech and blockchain in LATAM, they have graduated more than 1000 students from many C-Level positions at many startups and corporates in LATAM. 

Collaboration Letter:  

This collaboration will take the course of DAO School to their enrolled students and alumni, and it will be an administration cost covered by the student to get certificated nationally and internationally (50 USD) this is an administrative pay for FintechU we as GrowDAO not charge for this. The asked funds cover all our work for the next 6 months. 

FintechU Mx Presentation

— Universities: Exploring integration with UAM Cuajimalpa and other institutions.

— Podcast "GM Crypto News": Content dissemination through YouTube and Spotify.

Infrastructure and Development

— Moodle-based platform hosted on a dedicated server. (Currently a home web server 2500U Ryzen 5, 12 GB RAM) Our plan for the next 6 months is to consolidate an alliance with a public college willing to host and offer the course to the students, and professors. 

— Production of audiovisual content and creation of educational materials in accessible formats. (Podcast and video material for Moodle)

— Open Source the Moodle Content so any DAO can use it. 

Funding and Sustainability

Estimated cost: 1,050 KSM (~$21,000 USD) 1 KSM = 20 USD EMA=30 days

Future revenue sources:

— Certifications: $50 USD per student. (Academic institution register future 12 months)

— Partnerships with companies and universities.

— Expansion of the model to other regions.

Benefits for the Kusama/Polkadot Ecosystem

✅ Increased adoption of DIDs, multisig, and NFTs in business environments.

✅ Positioning the ecosystem in Latin America through certified education.

✅ Creation of an Open Source repository with educational content accessible to other DAOs and communities.

✅ Generation of new use cases that drive the real-world utility of Kusama/Polkadot.

Success Metrics and Evaluation

🚀 Initial Goal: 100 certified students in the first 6 months.

🔗 Strategic Partnerships: At least 2 universities and 3 companies adopting decentralized tools.

💡 Documented Use Cases: Companies implementing solutions based on Kusama/Polkadot.

📈 Course Completion Rate: At least 70% of enrolled students complete certification.

Here's the full proposal, which is still changing due to community feedback. Please, reach me at:

• Discord: j3rga
• Telegram: j3rga
• email: edoga.salinas@gmail.com

Kusama DAO Academy represents a strategic opportunity to strengthen the adoption of Kusama/Polkadot in Latin America through quality education and applicable use cases. With the requested funding, we will ensure the program's development, implementation, and future sustainability, impacting hundreds of students and organizations.

We invite the Kusama community to support this initiative and contribute to building a stronger, globally adopted ecosystem. 🚀🌎

Please reach me, comment, share, let me know what you need, how we can collaborate, etc, no one can go further without help, thank you all. We also want to connect with other initiatives, I'll be connecting with them, if you know of any project not well-known please share. 

Future on-chain proposal: Online Educational Program for C-Levels 

Summary

Bloque offers an open API infrastructure that allows developers to easily integrate prepaid debit card functionality into their platforms, with balances securely stored on Kusama’s blockchain. Targeting financial exclusion in Latin America—where 25% of the population is unbanked—Bloque eliminates the costly barriers, regulatory challenges, and technical difficulties typically associated with issuing debit cards. Unlike standalone wallets, Bloque serves as infrastructure for businesses, enabling them to provide branded, non-custodial debit cards that users can load with stablecoins, use via mobile wallets or physical cards, and even withdraw cash worldwide. This approach not only promotes financial inclusion but also increases Kusama’s blockchain activity, as each transaction generates on-chain fees in KSM.

We're different

TL; DR;




Resources

• Full proposal document.
• Website.
• First customer Coco Wallet YCS19 and letter of intent for 450K and 3,500 Users.
• Contract with Visa & Pomelo to issue debit cards, bank statements, please request via DM in @david:bloque.team in Element.
• Preview API Documentation.

How it works

Partners

• Pomelo + Visa (Debit card issuer): Pomelo is a pioneering fintech transforming card issuance in Latin America. Its cloud-native, API-driven platform lets banks and fintechs launch secure, scalable cards rapidly. Partnering with Mastercard and Coastal Community Bank, Pomelo modernizes payments and drives financial inclusion.
• Truora (KYC/KYB): Truora is a Latin American startup simplifying user verification and fraud prevention. Its API-driven platform offers background checks, digital identity, and KYC tools to help businesses onboard customers securely, reduce fraud, and boost conversion
• Bancolombia (Our Bank): Bancolombia is Colombia’s largest bank, boasting 146+ years of trusted service. With 30M+ customers, extensive branch and ATM networks, and innovative digital solutions, it drives financial inclusion, supports sustainable growth, and champions economic progress across Latin America.

Meet our first customer

we introduced CocoWallet, building on the success of CocoMercado, a remittance-based food service that’s supported Venezuela’s elderly through 7,000,000 expats. Now, CocoWallet is tackling financial exclusion in Colombia by launching debit cards with Bloque for the unbanked—and we’re bringing this to Kusama.

Our goal is to onboard 3,000+ unbanked Colombians in the next few months. Here’s how we’ll do it on Kusama:

• Decentralized Design: Funds will be held in non-custodial wallets on Kusama’s Asset-Hub, with all debit card transactions pay fees in KSM. No banks, no centralized control—just user-owned value.
• Kusama Benefits: These 3,000 new users will become KSM holders, boosting adoption. Each card swipe will generate on-chain micro-transactions, increasing network activity and rewarding validators.
• Scalability: After this pilot, we’ll scale to 10,000 users across Latin America by 2025, funded by transaction fees but no endless treasury asks. Banks are obsolete. We want to drive a transformation that enables every organization to provide financial services—starting with a debit card. We aim to free finances for people, and to do this, we need your support.


FAQ

• Why funding us? We are an experienced team with a proven record of building Web3 products. Now, we want to use Kusama in everyday cases worldwide.

• Which regions are supported? Mainly LatAm starting in Colombia & Mexico with worldwide availability via Passport.

• How will this API handle key material since the wallets are non-custodial?
  We use a combination of proxy accounts with defined spending limits. In addition, the “debit callback” endpoint with 3D Secure prompts users to authorize (i.e., sign) transactions—effectively meaning the user “sells” crypto to us so that we can complete the payment on their behalf. Our security model is based on Shamir’s Secret Sharing: at setup, the holder sends us one part of the secret while keeping the other part secure across multiple devices. When a transaction is authorized, the two parts are combined to complete the transaction.

• How are redemptions processed?
  Today’s redemption channels include Brale Rails (conversion across 10+ chains to USDT/USDC), a DEX liquidity pool for KSM/dUSD, and direct debit card transactions.

• Do day-to-day COP inflation swings pose a risk?
  Yes, they can. To mitigate this risk, we maintain only small COP buffers in the bank while holding most of our treasury in USD.

• How will the system mitigate potential volatility given that settlement can take several days?
  Limiting USD buffer sales to twice daily (e.g., morning and afternoon) may expose us to unexpected volatility. Ideally, we offload USD as frequently as market conditions allow. When that isn’t feasible, we rely on compensation accounts, short-term COP buffer loans, SWIFT transfers, and OTC channels to quickly convert USD into COP liquidity.

• How would a chargeback or clawback be handled?
  For same-day chargebacks—such as paying $5 with KSM for an Uber ride and then canceling—the system applies an adjustment credit by deducting $5 from the USD buffer, converting it to KSM, and crediting your account. For delayed clawbacks—like purchasing a $20 card with KSM on Temu but receiving a faulty product—we detect the issue via Visa’s invoices and balance sheets. In the next payment cycle, we net the amounts between our accounts; for instance, if we owe Visa $100 but receive $20, we pay only $80, converting the extra $20 into KSM and crediting your account.

• Whats the relationship with Virto? BloqueDAO is a Virto-spinoff established as a self-governing DAO in Kreivo. We’re leveraging on the Kreivo technology to support non-custodial management of the funds every user tops-up in their Kusama Pay cards.

KSM trading recently went live on Hydration after referendum #490 (https://kusama.subsquare.io/referenda/490) approved 33,333 KSM in Treasury LP. This has finally opened up liquidity flows between the two chains.

When transfers are made between the two using the Kusama <> Polkadot bridge, if a user does not have sufficient KSM/ DOT (depending on the chain) on the receiving network then a portion of the asset they’re sending (e.g. KSM from KAH to PAH) is swapped for the native token to pay for fees. This is excellent UX and prevents user frustration with having to collect fees before bridging assets - however, unfortunately the current liquidity leaves much to be desired and as a result users can get rekt by slippage and lose much larger amounts of their assets to fees than expected.

This proposal, if approved, will supply 333 KSM to a 2/2 multisig with signers Leemo & lolmcshizz - which combined with referendum (https://polkadot.subsquare.io/referenda/1479) on Polkadot, will be split between Kusama AssetHub and Polkadot AssetHub 50/50 to provide a base level of liquidity on each network. This will ensure that there is sufficient liquidity for these small swaps and users will only pay the fees they are expecting to when making transfers.

Any excess tokens will be returned to their respective treasuries.