Create ParaSpell.md

[dudo50]

Project Abstract

ParaSpell is XCM & XCMP related tool built to save developers time when interacting with the network. It is no longer necessary to search for correct XCM pallets, fill lengthy XCM messages with all the required details or go through research on launching network. Developers can use ParaSpell to download/install/start necessary nodes with a single command, execute XCM transactions from a user-friendly UI, or open & close HRMP channels between nodes in the launched network from a user-friendly UI.

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (project_name.md).
• I have read the application guidelines.
• A BTC, Ethereum (USDT/USDC/DAI) or Polkadot/Kusama (aUSD) address for the payment of the milestones is provided inside the application.
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @_______:matrix.org (change the homeserver if you use a different one)

[CLAassistant]

All committers have signed the CLA.

[Noc2]

Thanks for the application. This looks really interesting. I’m happy to support it and share it with the rest of the team.

[SBalaguer]

This looks very interesting! Thanks for the proposal, looking forward for the implementation.

[github-actions]

Congratulations and welcome to the Web3 Foundation Grants Program! Please refer to our Milestone Delivery repository for instructions on how to submit milestones and invoices, our FAQ for frequently asked questions and the support section of our README for more ways to find answers to your questions.

Before you start, take a moment to read through our announcement guidelines for all communications related to the grant or make them known to the right person in your organisation. In particular, please don't announce the grant publicly before at least the first milestone of your project has been approved. At that point or shortly before, you can get in touch with us at grantsPR@web3.foundation and we'll be happy to collaborate on an announcement about the work you’re doing.

Lastly, please remember to let us know in case you run into any delays or deviate from the deliverables in your application. You can either leave a comment here or directly request to amend your application via PR. We wish you luck with your project! 🚀

[Polkadot-Forum]

This pull request has been mentioned on Polkadot Forum. There might be relevant details there:

https://forum.polkadot.network/t/grant-ideas-and-wishlists/399/4

[Polkadot-Forum]

This pull request has been mentioned on Polkadot Forum. There might be relevant details there:

https://forum.polkadot.network/t/introducing-complex-set-of-xcm-tools-paraspell/5625/1

[Polkadot-Forum]

This pull request has been mentioned on Polkadot Forum. There might be relevant details there:

https://forum.polkadot.network/t/enhancing-cross-chain-experience-of-your-dapps-with-revolutionary-xcm-tool-set-from-paraspell/8792/1