Developer friendly stack to build Impactful Web3 Infrastructure for Kusama (funding the Virto team)
UPDATE: Superseded by Proposal 77
Based on your feedback we won't be pursuing the current amount of funding, instead we will go for a "trial run" requesting less funds for a shorter period of time leaving out the parachain development and the hardware wallet.
Hi, fellow community! Thanks for the feedback on referendum 47, we learnt a lot and are now resubmitting our proposal to fund us The Virto team. We are a group of creative and competent individuals with an extraordinary track record of building multiple projects in the ecosystem with funds from the treasuries and Web3 foundation. We aim to become the "Latin American Parity" team of builders, focusing on creating user-friendly technology and tools to bring Polkadot technology to the masses.
We are proposing to build a developer-friendly stack to build impactful Web3 infrastructure for Kusama to empower individuals and communities through user-friendly Web3 tools and increase decentralized technology adoption in the Kusama and Polkadot ecosystems. The team is requesting 20,000 KSM
in funding to continue our work towards reducing social inequality and improving the efficient allocation of public resources. Our team's vision is to reduce social inequality and improve the efficient allocation of public resources by empowering local communities with autonomous micro-economies through our Local Incentives Protocol (LIP).
Given our previous work helping 350k+ families in Venezuela to keep their money value using crypto, we have a deep understanding of the ecosystem and, most importantly, first-hand experience building and deploying real use case solutions using web3 technology. By making it accessible to regular users, we can solve real-world problems with social impact and reduce inequality by providing a more efficient allocation of public resources.
You can check a short slideshow where we expose the problem and our proposed solution here, and our full proposal document here.
Edit - Extra content:
- First VirtoLIVE stream with team's intro and projects explainer
- VirtoLIVE Q&A #1 (17/01/23): Addressing Pokassembly questions.
Comments (14)
Requested

Proposal Failed
Summary
0%
Aye
0%
Nay
Aye (184)0.0 DOT
Support0.0 DOT
Nay (80)0.0 DOT
I voted Aye cause I know Daniel has been trying his best to be as transparent as possible since the last referendum and has made another appearance on the AAG livestream. He also modified his proposal with more detail regarding the team. Just one note to Daniel, please modify the permissions for the proposal to read only cause it looks like everyone has edit permissions right now when they access the Google Doc form. Good luck and hopefully it will pass this time. I know how stressful it can be to go through this. Mucha suerte !
VirtoTeam has put in considerable effort reworking their proposal, providing additional information. They have appeared on AAG 3 times and ran a twitch stream. If you voted Nay last time, it is worth the effort to reconsider their proposal.