Hello everyone! My name is Jorge Ruiz, I lead the Air Protocol team. We want to share with you our proposal for the creation of localKSM.
LocalKSM is will be an implementation of the Air Protocol to create a P2P exchange focused on KSM tokens. The project will consist of an app for iOS and Android that enables users anywhere to list proposals for selling or buying KSM at a rate they specify and with a payment method of their choice.
Our team has worked on developing a protocol for the creation of decentralized p2p markets and on/off ramps. The protocol itself is blockchain agnostic and we want to develop and implementation to support KSM as well as release the apps. This implementation would also be able to support DOTs in the future, as long as the MultiSig implementations are rollout onto polkadot.
I previously co-founded airtm(dot)com a platform for digital p2p dollars. Through it we enabled hundreds of thousands of users in LatAm to receive remittances and save their money in a stable currency. I left Airtm to create the Air Protocol, which is the result of my experience there. It is clear to us the great reach p2p have and we believe it is an essential step to further the ability of people to have access to better services and join the coming digital economy.
We would love to hear feedback from the community, both to see if anyone has put effort towards something like this before? And also to understand if there is interest on this implementation and applications. I’m looking forward to hearing your thoughts!
Our team is very enthusiastic about Polkadot and Kusama (and in general substrate). We are planning on developing the second phase of our project with the use of substrate. As part of extending the capabilities of the Air Protocol we will be developing the Air Protocol chain which will serve as a stateful layer for our system, our intention is creating that chain as a Parachain on polkadot.
You can checkout the proposal at:
/ipfs/QmXn8A5Gng6cQKMYR8TKU2k7F2JJp8j4FjbDsi5Yn6hHir
https://ipfs.io/ipfs/QmXn8A5Gng6cQKMYR8TKU2k7F2JJp8j4FjbDsi5Yn6hHir?filename=localKSM_Proposal.md
https://drive.google.com/file/d/1wnanNcaSnv0ygLE2HDXWgzDUpbmEIhfb/view?usp=sharing
Jorge Ruiz, leader of the Air Protocol team, has proposed the creation of LocalKSM, a P2P exchange for KSM tokens. The project will include an app for iOS and Android, allowing users to list proposals for buying or selling KSM at specified rates and payment methods. The Air Protocol is blockchain agnostic and aims to support KSM and potentially DOTs in the future. Ruiz's previous experience includes co-founding Airtm, a platform for digital P2P dollars. The team is enthusiastic about Polkadot and Kusama and plans to develop the Air Protocol chain as a Parachain on Polkadot. The proposal can be found at the provided IPFS and Google Drive links.