add imbue network application

applications/imbue_network.md

@@ -0,0 +1,185 @@
+# W3F Grant Proposal
+
+> This document will be part of the terms and conditions of your agreement and therefore needs to contain all the required information about the project. Don't remove any of the mandatory parts presented in bold letters or as headlines! Lines starting with a `>` (such as this one) can be removed.
+>
+> See the [Grants Program Process](https://github.com/w3f/Grants-Program/#pencil-process) on how to submit a proposal.
+
+- **Project Name:** Imbue Network
+- **Team Name:** Elamin LTD
+- **Payment Address:** 0xcF27835b42Da4C1E44f94b671cBC544de828144d (USDT)
+- **[Level](https://github.com/w3f/Grants-Program/tree/master#level_slider-levels):** 2
+
+> ⚠️ *The combination of your GitHub account submitting the application and the payment address above will be your unique identifier during the program. Please keep them safe.*
+
+## Project Overview :page_facing_up:
+Imbue Network was born out of the growing problem of funding projects. There is a real problem in the polkadot ecosystem with funding, projects tend to launch on ETH as an easy way out due to lack of options. The problem is then compounded because of seed/private investors so by the time the token launches, their community can only get a chance to invest through severly limited whitelists
+
+Imbue Network wants an end to Eth raises and whitelists. We aim to solve this problem by building a parachain that allows its token holders to propose and then fund a proposal.
+
+### Project Details
+
+Imbue network aims to become a DAO and a parachain, so we will be heavily dependant on both Substrate/Polkadot/Cumulus
+
+We aim to build on top of the great work the OAK network has done around [quadratic funding](https://github.com/OAK-Foundation/OAK-blockchain/tree/master/pallets/quadratic-funding) and build a custom pallet that holders of the Imbue network token ($IMBU) will be able to propose a new project and idea, detail how much they need and milestones. The proposal can also detail stages in their milestones and split the required amount. I.e Claire is a founder of a project and needs $100k and detailed 5 milestones. Claire needs $10k upfront to start off with then once milestone 1 is complete Claire requires a further $40k for milestone 2 and 50k for milestone 3.
+
+We also will build a UI that allow users to connect their polkadotJs wallet to allow other holders to vote on the projects they want to see implemented.
+
+Once voting completes, DAO council members will then approve the winning proposals and allocate a portion of the funds - % that was defined in milestones - immeditely.
+
+Once the founder believes they completed their first milestone they can use the pallet to initialise a vote, only the original funders can then vote to validate whether the milestone was completed successfully or not. If the vote passes the next stage of funds are unlocked.
+
+- For MVP we hope to achieve:
+  - Grants pallet - where holders can propose projects/ideas and receive funding
+  - Democracy pallet - where funders can vote on proposals and milestones
+  - DAPP integrated with polkadotjs for a more seemless user experience.
+
+- What wont be ready but we hope to add
+  -  Funding will initially only be done via the $IMBU token, but we hope to add other currencies as we grow. We will also explore working with statemint to manage this funds
+
+An overview of the flow is detailed here, please bear in mind this is just showing the happy path
+
+- [lucid chart](https://lucid.app/lucidchart/300b88e2-bbcc-4782-b46f-198a04dff9e3/view)
+
+We will be adding signitures for each pallet call over the next few weeks.
+
+
+### Ecosystem Fit
+
+We believe we are solving a real problem in the polkadot ecosystem, and cannot think of any other project that aims to do what we are trying to do.
+
+We do not consider IDO platforms as a solution to this problem. There is also the governance aspect which is also missing from the space but is also needed
+
+However, https://aragon.org/ is something similar that is built on top of Etherum. We believe our USP is the funds being unlocked in stages and allowing funders to vote on those milestones
+
+## Team :busts_in_silhouette:
+
+### Team members
+
+- Sam Elamin
+- Aala Sharfi
+- Kanthan Segeran
+
+### Contact
+
+- **Sam Elamin:** 
+- **sam@imbue.network:** 
+
+- **Aala Sharfi:** 
+- **aala@imbue.network:** 
+
+- **Kanthan Segaran:** 
+- **kanthan@imbue.network:** 
+
+### Legal Structure
+
+- **Registered Address:**  56 Balder Rise, London. United Kingdom SE12 9PF
+- **Registered Legal Entity:** Elamin LTD
+
+### Team's experience
+
+Sam has over 15 years experience as a developer and has worked in some of the world's largest companies such as Sony Playstation,Discovery Communications and JustEat. He has extensive experience in Big Data and for the past year has been leading the tech team @ Kylin Network
+
+Kanthan has 10 years of experience in IT specializing in integration, cloud & security architecture
+He has also worked with Sam @ Kylin Network
+
+Aala is a multidisciplinary designer specializing in branding and publication design. Aala's strengths lie in identity design, digital and print design, with technical skills in Adobe CC, (AfterEffects, Photoshop, InDesign and illustrator) Microsoft Office, Figma as well as AutoCAD and Sketchu
+
+
+### Team Code Repos
+
+- https://github.com/ImbueNetwork
+
+Please also provide the GitHub accounts of all team members. If they contain no activity, references to projects hosted elsewhere or live are also fine.
+
+- https://github.com/samelamin
+- https://github.com/aalavanthan18
+
+## Development Status :open_book:
+We are still at the early stage of development, getting our website out in the next week or two. We do have some wireframes around how people will be able to propose/vote for project which can be found below
+
+- https://github.com/ImbueNetwork/website-assets/blob/main/templates/new-project.jpg
+- https://github.com/ImbueNetwork/website-assets/blob/main/templates/project-details-page.jpg
+- https://github.com/ImbueNetwork/website-assets/blob/main/templates/projects.jpg
+
+
+### Team LinkedIn Profiles (if available)
+
+- https://www.linkedin.com/in/samelamin/
+- https://www.linkedin.com/in/kanthan-segaran-5783708b/
+- https://www.linkedin.com/in/aala-sharfi-90b35a95/
+
+
+## Development Roadmap :nut_and_bolt:
+
+### Overview
+
+- **Total Estimated Duration:** Duration of the whole project (e.g. 6-9 months)
+- **Full-Time Equivalent (FTE):** 3 FTE, 2 PTE
+- **Total Costs:**  50k.
+
+### Milestone 1 — MVP start
+
+- **Estimated duration:** 3 month
+- **FTE:**  2 FTE, 2 PTEs
+- **Costs:** 20,000 USD
+
+| Number | Deliverable | Specification |
+| -----: | ----------- | ------------- |
+| 0a. | License | Apache 2.0 / GPLv3 / MIT / Unlicense |
+| 0b. | Dapp | The UI that will allow the user to fund a proposal and vote on milestone delivery. 
+| 0c. | Documentation | We will provide both **inline documentation** of the code and a basic **tutorial** that explains how a user can (for example) spin up one of our Substrate nodes and send test transactions, which will show how the new functionality works.
+| 0d. | Docker | We will provide a Dockerfile(s) that can be used to test all the functionality delivered with this milestone. |
+| 0e. | Article | We will publish a medium article and workshop that explains how the grant funds were spent as well as detailed guides on how to spin up the collators and submit a proposal then vote on it
+| 1. | Substrate module: Grants pallet | Add grants pallet to add proposals onchain, each proposal has a unique ID which votes will be counted against. This pallet will be called by project proposers to submit new projects/milestones.
+
+### Milestone 2 — Adding new features and refining existing ones
+
+- **Estimated Duration:** 3 month
+- **FTE:**  2 FTE, 2 PTE
+- **Costs:** 20,000 USD
+
+| Number | Deliverable | Specification |
+| -----: | ----------- | ------------- |
+| 0a. | DevOps | Building out CI/CD pipeline using github actions
+| 0b. | Testing Guide | Core functions will be fully covered by unit tests to ensure functionality and robustness. In the guide, we will describe how to run these tests. |
+| 0c. | Voting Pallet| Add voting module to add governance and votes on grants
+| 0d. | Public board | Work in an agile manner and maintain a public board so the community could keep an eye on progress
+| 1. | Substrate module: Democracy pallet | Votes pallet to allow voting on proposals (working alongside the grants pallet). Votes meant to be stored via IPFS. Voting will be done with 1 $IMBU = 1 vote. 
+| 2. | Substrate module: Funding pallet | Works alongside the democracy pallet to unlock funding in the stages defined by the project orignally. This will be called after council votes on approval of funding/milestones. This will also be called by the proposer to withdraw the approved funds. Can potentially be merged with the grants pallet
+
+...
+
+### Milestone 3 — Parachain launch
+
+- **Estimated Duration:** 2 month
+- **FTE:**  2 FTE,1 PTE
+- **Costs:** 10,000 USD
+
+| Number | Deliverable | Specification |
+| -----: | ----------- | ------------- |
+| 0a. | UI | Refine the UI based on feedback from the previous rounds.
+| 0b. | DevOps | Adding alerting and defining failure recovery.
+| 0c. | DevOps | Define runbooks on how to handle common scenarios like failures/upgrades.
+| 0d. | Article | We will publish a medium article with an end to end demo on proposing a grant and voting functionality enabled
+| 0e. | Identify 5 DAO council members publicly who will be responsible for validating and accepting proposals
+| 0f. | Kusama launch | Launch crowdloan on kusama
+| 0g. | Launch on Polkadot!
+| 1. | Substrate module: Democracy pallet | Allow token holders to propose proposals/improvements to the network itself, examples could be using other currencies for funding |
+| 2. | Substrate module: Crowdloan contributions pallet| Automate crowdloan rewards so $IMBU tokens can automatically be rewarded in a linear manner (cliam-able per block) 
+
+
+...
+
+## Future Plans
+
+We want to build out Imbue network as a DAO, We also want to build out the ability to allocate funds on the different polkadot currencies so a proposer can choose which currency they want to be funded in
+
+Work with Parity on how we can utilise Statemint with fund storage/allocation
+
+## Additional Information :heavy_plus_sign:
+
+**How did you hear about the Grants Program?** Web3 Foundation Website 
+
+Here you can also add any additional information that you think is relevant to this application but isn't part of it already, such as:
+
+- Sam has already worked on building the kylin parachain almost single handedly, grew the team to 4 before starting Imbue Network. He is more than capable of making the Imbue network vision a reality