https://polkadot.subsquare.io/referenda/1383
- The Ideal Network (IDN) is a randomness infrastructure for Polkadot, created by a team from the Polkadot Blockchain Academy.
- Polkadot lacks a good randomness solution, which can lead to security risks and high costs.
- IDN will provide a trustless randomness layer with features like timelock encryption and smart contract integration.
- It is supported by Web3 Foundation, NIST, and the University of Colorado.
- Projects like Asset Hub, Bittensor, and ChainSafe are interested in using IDN.
- IDN can be used for DeFi, gaming, governance, NFTs, and token distribution.
- The team is requesting 294,585 USDC + 840 DOT to build and maintain the network.
- Contact them on Discord, Element, or email for more info.