Proposer: derek // metaspan
Short description: The goal of the project is to create easy-to-use tools for managing & reporting - in aggregate - across multiple chains, tokens & wallets.
By providing features, and following a style that is familiar to web2 users, this site will drive web3 adoption by making it easy to manage groups of wallets as a single fund or reporting unit.
Requested Allocation: Phase 1: 1730 KSM (~£48k, 1 KSM = £28, 31-jan-2023)
Problem Statement
Multi-chain, multi-wallet
Wallet holders & fund managers do not have affordable multi-chain, multi-wallet tools focused on financial management, reporting and planning.
New processes
There are no solutions providing (aggregated) tracking and accounting for funds locked in validating, staking, nomination pools, lending & governance processes.
Lagging tools slow adoption
Web2 tools are focused on fiat with 2-decimal computation & reporting.
Affordability
Existing crypto accounting tools are charging large fees:
Parachains
None of the existing solutions cater for parachains
Target Audience
About Subledgr
Subledgr would like to develop a quickbooks style accounting & reporting platform, integrating with third party vendor tools for the purposes of tax calculation and compliance.
Subledgr would also provide portfolio management and reporting features for working with multiple chains and multiple wallets. We are inspired [and frustrated] by similar features from quickbooks/xero for web2 SME businesses.
Full details and costing available in the draft proposal here:
https://docs.google.com/document/d/15F79YMx5B5qGB3N8AlPD9r7UYW4WcH-AECFNIb6BmnA/edit?usp=sharing
I would appreciate your review and comments (either here or on the draft proposal itself).
Thanks