Hello everyone! My name is Jorge Ruiz, I lead the Air Protocol team. We want to share with you our proposal for the creation of localKSM.

LocalKSM is will be an implementation of the Air Protocol to create a P2P exchange focused on KSM tokens. The project will consist of an app for iOS and Android that enables users anywhere to list proposals for selling or buying KSM at a rate they specify and with a payment method of their choice.

Our team has worked on developing a protocol for the creation of decentralized p2p markets and on/off ramps. The protocol itself is blockchain agnostic and we want to develop and implementation to support KSM as well as release the apps. This implementation would also be able to support DOTs in the future, as long as the MultiSig implementations are rollout onto polkadot.

I previously co-founded airtm(dot)com a platform for digital p2p dollars. Through it we enabled hundreds of thousands of users in LatAm to receive remittances and save their money in a stable currency. I left Airtm to create the Air Protocol, which is the result of my experience there. It is clear to us the great reach p2p have and we believe it is an essential step to further the ability of people to have access to better services and join the coming digital economy.

We would love to hear feedback from the community, both to see if anyone has put effort towards something like this before? And also to understand if there is interest on this implementation and applications.  I’m looking forward to hearing your thoughts!

Our team is very enthusiastic about Polkadot and Kusama (and in general substrate). We are planning on developing the second phase of our project with the use of substrate. As part of extending the capabilities of the Air Protocol we will be developing the Air Protocol chain which will serve as a stateful layer for our system, our intention is creating that chain as a Parachain on polkadot.

You can checkout the proposal at:

/ipfs/QmXn8A5Gng6cQKMYR8TKU2k7F2JJp8j4FjbDsi5Yn6hHir
https://ipfs.io/ipfs/QmXn8A5Gng6cQKMYR8TKU2k7F2JJp8j4FjbDsi5Yn6hHir?filename=localKSM_Proposal.md
https://drive.google.com/file/d/1wnanNcaSnv0ygLE2HDXWgzDUpbmEIhfb/view?usp=sharing

The proposal from Subsquid Lab Official outlines ongoing development and maintenance costs for public Subsquid Archives and the Giant Squid API. It covers the provision of archives, a crucial component of Polkadot and Kusama data infrastructure, offering access to on-chain data for various parachains. Additionally, the Giant Squid API provides GraphQL endpoints for exploring relay and parachain statistics, supporting a wide range of projects. The proposal seeks funding for the continued operation and expansion of these services. Overall, it aims to enhance accessibility and usability of on-chain data for developers and users within the Polkadot and Kusama ecosystems.

Establishment of the Polkadot Sanctuary in Bali, providing a rent-free space as a central hub for Polkadot enthusiasts to access resources and foster collaboration.

The Bali Polkadot community organized 9 bi-weekly BlockTalk meet-ups, engaging over 270 participants, to share updates on Polkadot, the crypto market, and Blockchain and Web3 concepts.

The Polkadot community successfully hosted the Polkadot Decoded Viewing Party, drawing 70 attendees and showcasing the technological advancements and possibilities of Polkadot, igniting interest within the local blockchain community.

Efforts to persuade the local government to adopt Substrate and utilize the Polkadot ecosystem have been fruitful, creating job opportunities for substrate developers in the region.

Polkadot's sponsorship of the two-day Soulbound event during the Bali Blockchain Summit in August demonstrated significant benefits for Polkadot, as evidenced by the aftermovie and other success metrics.

Five Polkadot Ambassador Candidates have been onboarded to expand Polkadot's network and drive adoption in Bali, with one candidate already becoming a fully-fledged ambassador.

The Polkadot Sanctuary brand has been established across social media platforms, including Twitter and Telegram, with plans for website reconstruction by year-end.

- The Air Protocol team is proposing the creation of localKSM, a P2P exchange for KSM tokens.
- They want to develop an app for iOS and Android that allows users to list proposals for buying or selling KSM at their desired rate and with their preferred payment method.
- The team has experience in creating decentralized P2P markets and wants to support KSM as well as DOTs in the future.
- They believe that P2P exchanges are important for people to have access to better services and join the digital economy.
- The team plans to develop the second phase of their project using substrate and create a Parachain on polkadot.

#15 Creation of LocalKSM.com apps (iOS and Android) implementing Air Protocol for censorship resistant non custodial p2p exchange.