NFT XCM
Interoperability is one of the key value propositions of Polkadot. With XCM and numerous bridges this value became possible. But they are all delivering interoperability only for fungible assets. For Polkadot to fully deliver on its promise, NFT XCM capability is a must have. Moving NFTs between different parachains will unleash the capabilities for the next generation of Web3 applications that are not constrained by any one chain.
Since January 2023 we (Unique Network team) worked on the NFT XCM solution. We engaged with numerous ecosystem members — Parity XCM team, Parity NFTs creators, parachains and wallets to create a solution PoC and its roadmap as described in this proposal.
. Roadmap implementation will require a consensus on a number of questions, which will help establish the NFT XCM standards, and here views and participation of parachains is crucial. Parity has left us to lead this effort, and we would like to invite other stakeholders to take part, too. In the initial stages of the work we will be creating a working group for participants to communicate and collectively decide on key decisions.
This proposal follows the successful implementation of the PoC, as described in the Milestone 1 of the proposal which was completed on December 20, 2023 after a year of work.
Please read the proposal . Happy to answer any questions. Update: a note for Core devs - the solution does not need any changes to the relay, and is very light on the parachains, too. Brian (Acala) can attest to that. Here are details on the PoC: https://docs.google.com/document/d/1Y90tldtdh9mX1BkUNKDePiV8GImhGSnjaJkk5U54d-w/edit?usp=sharing Update: important feature of the proposal to underscore - it will be built by multiple teams. The funds for EVM, Ink!, use case bounty and educational materials are dedicated to external teams, since XCM has to work for all parachains it only makes sense that multiple teams are involved.
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Comments (22)
Happy to see that we are finally about to tackle the missing function of XCM: NFT transfer. This will enable many new use cases and allow parachains to be integrated further with each other.
Additional Budget for Explainers, Documantation, Website and Informational support for NFT XCM.
I like the idea of NFT XCM much. PromoTeam will support this initiative with votes and informational support. Its very important not only do the technology but also explain it to the community inside Polkadot ecosystem and outside the ecosystem. I want even go further and suggest to improve the proposal with the part of explainers and educational content.
There are several active teams that can be providers of this services for this proposal. I suggest to reserve some budget for this in this NFT XCM proposal. I think 2-3k$ for every team (20-25k$ total in DOTs) will be enough for some educational content - article / video / infographics / twitter thread and so on. Its also necessary to prepare the tech documentations to use the NFT XCM to add it to Polakdot Wiki and even web site to promote it. Docs and website budget 3-5k$ for this I think will be also enough and very useful.
And additional 30k$ can make this proposal several times more efficient and make very good precedent for other teams and innovations.
Here are the list of the teams I suggest to include to this proposal as content providers:
- Kusamarian and his team
- Polkadot News
- Parachain News
- PostHuman (Cosmos oriented team with big audience which trying to go to Polkadot)
- Polkadot Insider
- Kryptoschain
- PromoTeam
- Polkadotters
- Other teams who have audience and want to join
What do you think guys?
Happy to see that we are finally about to tackle the missing function of XCM: NFT transfer. This will enable many new use cases and allow parachains to be integrated further with each other.
Additional Budget for Explainers, Documantation, Website and Informational support for NFT XCM.
I like the idea of NFT XCM much. PromoTeam will support this initiative with votes and informational support. Its very important not only do the technology but also explain it to the community inside Polkadot ecosystem and outside the ecosystem. I want even go further and suggest to improve the proposal with the part of explainers and educational content.
There are several active teams that can be providers of this services for this proposal. I suggest to reserve some budget for this in this NFT XCM proposal. I think 2-3k$ for every team (20-25k$ total in DOTs) will be enough for some educational content - article / video / infographics / twitter thread and so on. Its also necessary to prepare the tech documentations to use the NFT XCM to add it to Polakdot Wiki and even web site to promote it. Docs and website budget 3-5k$ for this I think will be also enough and very useful.
And additional 30k$ can make this proposal several times more efficient and make very good precedent for other teams and innovations.
Here are the list of the teams I suggest to include to this proposal as content providers:
What do you think guys?