Decentralized Future: Protofire is landing on Polkadot Ecosystem!


For the last 12 months, Protofire has been working on building a strong web3 Substrate & Ink! Team to provide services to the thriving Polkadot Ecosystem!

Our vision is to contribute to several of Polkadot’s challenges like parachain infrastructure, substream development, dev tooling, and user experience.

We are just getting started but, it’s been quite a journey so far!

We won a Hackathon with the vision of delivering a dev tooling that eases the process of deploying a standard smart contract on the Polkadot native environment.

Then we applied for a Web3 Foundation Grant to build a Polkadot Contract Wizard that makes this vision a real thing. The Polkadot Contract Wizard aims to be the entry point for the next generation of web3 users, developers, and non-developers in the Polkadot ecosystem. It will achieve that goal by enabling new users to create their contracts in a few steps.

Also, two of our devs graduated from Blockchain Polkadot Academy, congrats to Luca Auet & Gabriel Gonzalez.

This is only the beginning. Now we are working on developing a Smart Contract Multisig for the pallet contract, and other initiatives to support this amazing ecosystem!

Protofire’s background

Protofire has more than 5 years of experience in the web3 landscape. We started back in 2018 working with current Bluechip protocols, like MakerDAO, Chainlink, TheGraph, and others. We’ve engaged and supported more than 80 projects during these years, from protocol development, and Oracle & wallet integration to data Indexing & DevOps support.

Protofire’s characteristics:

Our motivation is to contribute to your protocol, generate outcomes, gain trust from your community, and expand the cooperation over time.

Our focus is to collaborate to develop strategies and solutions that can help your ecosystem to grow organically. We grow alongside.

Our difference is that our teams aim to ship business outcomes (numbers), and not just code.

What is the Polkadot Contract Wizard?

The Polkadot Contract Wizard is an intuitive web-based platform designed to simplify the process of creating, deploying, and managing smart contracts within the Polkadot and Kusama ecosystems. With its user-friendly interface, PCW eliminates the complexities traditionally associated with smart contract development, allowing users of all technical levels to engage with the blockchain world.

Purpose of the Polkadot Contract Wizard

The primary purpose of the PCW is to streamline and democratize the process of working with smart contracts on the Polkadot and Kusama networks. Recognizing the challenges and barriers that many face when trying to delve into the realm of blockchain, PCW offers a solution that is:

Accessible: No advanced technical knowledge or programming experience is required. If you can navigate a website, you can use PCW.

Efficient: Gone are the days of sifting through extensive code or relying on third-party tools. PCW provides all the tools you need in one place.

Educational: For those keen on learning, PCW is a great starting point. It offers a hands-on experience with smart contracts, providing a practical understanding of how they work.

Benefits of Using the Polkadot Contract Wizard

Simplicity: With its intuitive design, PCW makes the process of creating and deploying smart contracts as simple as a few clicks.

Flexibility: Whether you’re looking to deploy a standard token, a multi-token, or even a non-fungible token (NFT), PCW has got you covered. And If you can’t find your option here, there’s also the ability to import a contract deployed manually or with other tools.

Interactivity: Beyond creation and deployment, PCW allows users to interact with their deployed contracts directly through its interface.

Collaboration: Shareable contract interaction links foster collaboration, enabling users to share their contracts with others easily.

Multi-chain Support: PCW isn’t limited to just one network. It offers support for multiple chains, expanding its utility across the Dotsama ecosystem.

If you want to know more, follow this link

Multisig Development

The primary purpose of developing a native Ink! Multisig is to provide a full scope of multi-sig functionality to the process of interacting with smart contracts on the Polkadot and Kusama pallet contracts. Recognizing the challenges this ecosystem faces when trying to get more adoption into pallet contract decentralized application, PCW offers a solution that is:

Enhanced security: Multi-sig wallets offer an extra layer of security by requiring multiple approvals before a transaction can be executed. This reduces the risk of unauthorized access or fraudulent activities.

Increased control: Multi-sig wallets allow multiple parties to hold control over a single wallet. This can be useful for businesses or organizations where multiple individuals are responsible for managing funds.

Flexibility: Multi-sig wallets can be customized to meet the needs of different users. For example, the number of signatories required to approve a transaction can be adjusted based on the user’s preferences or security needs.

Trustless transactions: Multi-sig wallets can be used to facilitate trustless transactions in decentralized applications. This means that users can execute transactions without relying on a central authority or intermediary.

We call it XSigner.

What makes XSigner unique?

XSigner is not only a multi-sig that requires multiple signatures or approvals before a transaction can be executed for security purposes. It will be used by businesses, organizations, and high-net-worth individuals who want to ensure their funds are secure and protected from theft or fraud.

XSigner empowers financial teams unlocking advanced treasury & capital management in the Web3 Ecosystem.

We aim to solve typical problems in Web3 nowadays:

  • Lack of security in treasury management at an organizational level
  • Operational inefficiencies & absence of compliance
  • Lack of basic reporting
  • Workflows are a nightmare
  • Weak governance over financial decisions

What’s It coming?

  • Contract Wizard Parachain integrations: Every Parachain can be integrated!
  • Contract Wizard V3: additional features will be added to this amazing dev tool!
  • XSigner Multisig Implementation
  • And so much more!