Type:
development

Amount Requested:

361990.00 DOT

1863952.89$

Proposed on:
July 13, 2023
Proposal Awarded on:
Aug. 11, 2023
Expected Delivery
None
Actual Delivery:
None

Status:

in progress – on time

Wasm Smart Contracts Bounty #19

by sota

Summary:

The purpose of this bounty proposal is to help grow the ink!/ask! Wasm smart contract ecosystem on Polkadot. Currently, based on the data, smart contract Parachains are leading the Polkadot ecosystem in terms of market adoption. More projects are deploying dApps on Polkadot Parachains than making Parachains today and this trend will likely continue due to the high resource requirement to deploy a chain. The core problem is that the Polkadot ecosystem only supports EVM at the time of writing this and we are reproducing something which other L1s/L2s can do. One of Polkadot’s main differentiators and default environment is Wasm . In this bounty, we would like to push Wasm smart contracts adoption. The scope is as follows: 1. Create easily accessible and audited ink!/ask! smart contract showcases. 2. Create ink!ubator - an incubation program to support community projects built with ink! and parachains that want to expose select APIs through contracts-pallet  “chain extensions”. We will also help facilitate a smart contract auditing market. 3.Develop a React hooks library “useInk” - the missing front end library for Dapps on Polkadot.

Current Progress and Comments:

Based on the importance of Ink! In the ecosystem and reputation of the people that took part in this proposal, the referendum passed without much inconvenience. As far it’s publicly available, the main portal for ink! (https://use.ink/) and the ink!ubator have already been active and accepting several projects so far https://use.ink/ubator/. More information is currently available on their website and through direct communications with some of the people in the project. However, communications about the progress of the bounty itself could improve further as they only appeared on Github and Polkassembly on future proposals. https://github.com/use-inkubator/Grant-Milestone-Delivery/pulls and https://archive.ph/4RWOY.