Propose and approve a spend of treasury funds.

- `origin`: Must be `SpendOrigin` with the `Success` value being at least `amount`.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

- Problem Statement: The Virto team, a group of experienced builders in the blockchain ecosystem, seeks support for their 2023 projects aimed at making blockchain technology more accessible to the non-crypto-native population. 
- Significance: The team has a track record of successful projects funded by the treasuries and Web3 foundation, and their upcoming projects could significantly contribute to the mass adoption of blockchain technology.
- Proposed Solution: The team plans to develop several projects in 2023, including Summa (a lightweight multi-chain capable node integrated with Matrix), a hardware wallet prototype, Valor (a plugin system and developer platform), FiDOS Super app (a web application extensible with WASM applets), and Kreivo Parathread (a tokenless sister chain of Virto Network for payments of real-world products and services).
- Expected Outcomes: The successful implementation of these projects is expected to make blockchain technology extremely accessible, simple to use, and cheap, thereby removing many entry barriers and attracting mass adoption. The team is requesting 20,000 KSM (approximately 470,000 USD) to fund these projects over a 9-month period.

#47 Funding the Virto team

No Active Proposals