https://polkadot.polkassembly.io/referenda/1262
AI Summary:
KodaDot, the leading open-source NFT marketplace on Polkadot, proposes implementing two new features—Atomic Swaps for secure peer-to-peer NFT trading and an Offers system to allow bidding on unlisted assets. These features aim to enhance NFT trading on the Polkadot Asset Hub, increase market liquidity, and improve user engagement. The proposal also includes a 12-month maintenance period to ensure the platform remains reliable, optimized, and responsive to the evolving needs of the ecosystem.
The project is organized into five milestones. implementing Offers, Atomic Swaps, infrastructure enhancements, community-proposed features, and ongoing maintenance. The total funding request is $280,000, which will cover development and maintenance of these essential NFT infrastructure components. With its history of supporting over 130 contributors and distributing $400,000 in bounties, KodaDot aims to establish Polkadot as a premier platform for next-generation digital asset management while contributing to the broader ecosystem's growth and stability.