Kreivo and VirtoSDK for Polkadot Ecosystem Development

Team and Project Overview

The Virto team, consisting of 8 experienced Rust developers (including PBA alumni and two fellowship members) with room to grow the family(+2), seeks to contribute to the Polkadot ecosystem through Kreivo and VirtoSDK, focusing on enhancing user and developer experiences to attract and help transition real world organizations to Web3.

Key Projects

1. Kreivo: An opinionated "near-system parachain" with focus on organizations, usability and governance. It serves as a testbed for innovative features aimed at creating a more accessible and efficient environment for both developers and users.

   • OpenGov experimentation: We keep a fork of PSDK to introduce features that might make it upstream such as "dynamic tracks", "referenda hooks", "candle confirmation", "edit on prepare".
   • Communities: A complement to pallet-referenda for DAO management and diverse decision-making mechanisms.
   • Payments: Elevating payment experience with escrows, subscriptions, "streaming", disputes, advanced fees and more.
   • Pass: WebAuthn-based keyless account abstraction
   • Memberships: Traits (auto-implemented for NFTs pallet) for group management with roles, ranks, lifetimes or "gas tank" for free transactions.
   • Listings: Traits (auto-implemented for NFTs pallet) useful for marketplaces and organizations offering goods and services.
   • Managed contract instantiation: Developer monetization with anti-copycat measures

   Example: We want a DAO of builders to set up a Smart Contract Marketplace, making use of the payments and curated listings systems, it can create an environment where developers can monetize their work where other organizations or individuals pay the creator of a contract (and the DAO) for each instance of a contract.

2. VirtoSDK: Rust-based toolkit for Polkadot development with focus on simplicity and portability:

   • Scales: Embedded friendly dynamic SCALE data (de)serialization.
   • libwallet: Toolkit for soft/hard wallets and signers with native platform integrations.
   • Pjs-rs: Rust-based web extension connectivity
   • Sube: Light and simple substrate client with planned XCM first support and multiple language bindings (JS, Python*, Kotlin*, Swift*).

Objectives

1. Support developers with tools for sustainable development practices
2. Elevate smart contract developer experience as part of the ink! alliance.
3. Contribute to improving user experience for broader accessibility
4. Explore governance models that may inform future Polkadot developments
5. Contribute to ecosystem growth through developer tools and incentives
6. Investigate potential value-capture mechanisms for long-term sustainability

Project Aims

Kreivo's design as a "near-system parachain" allows us to iterate faster and explore and test ideas more freely based on real world user feedback. Our approach aligns with emerging ecosystem initiatives aimed at consolidating functionality and enhancing scalability like the Plaza concept. We hope to contribute insights on community-driven governance and sustainable growth models, potentially informing future developments in Polkadot's core infrastructure. By developing tools that bridge advanced blockchain capabilities with user-friendly interfaces, we aim to support Polkadot's vision of a more accessible and efficient blockchain ecosystem.

🧪 Near-what chain?: Kreivo intentionally retains its root origin, diverging from system chain requirements, to pursue a long-term experiment in large-scale, token-free DAO governance driven by its thriving communities... Not a bug, but a feature ;)

Funding Considerations

Longer-term funding would be ideal for retaining talent and maintaining project continuity. It allows our team to focus on innovation and consistent, high-quality contributions to Polkadot, rather than intermittent fundraising efforts.

• Estimated operational costs: ~55K USD monthly
  • 1 lead/architect, 3 senior devs, 1 devops, 3 mid, 2 junior.
• Seeking funding for Q3-Q4 2024, with openness to discussing longer-term support
• Willing to explore various funding structures and milestone-based approaches

We look forward to discussing how our projects could align with and support the fellowship's goals for the Polkadot ecosystem.