Dear Polkadot Community,
We are excited to initiate a discussion on a major opportunity for the community that aligns perfectly with Polkadot’s strengths in interoperability, real-world asset (RWA) tokenization, decentralized governance and soon Web3 Citizenship as well as a perfect opportunity to relaunch the Polkadot Hub and Cloud offerings.
There is currently a comprehensive plan underway for post-war Gaza - see Gaza Reconstitution, Economic Acceleration and Transformation (GREAT) Trust Plan.
We propose the creation of a new bounty from the Polkadot Treasury dedicated to business development efforts focused on the creation of the Gaza Network State.
This initiative would support the establishment of a pioneering Network State in Gaza, featuring tokenized real estate, stablecoin payments, Web3 Citizenship and a fully digitized economy.
The bounty would fund ongoing outreach and ecosystem building to position Polkadot as the foundational blockchain for this once in a generation project.
This is not a speculative idea, our team is already in active discussions with key stakeholders involved in the GREAT Trust, including representatives from US-led multilateral entities, regional investors from the GCC (e.g., Saudi Arabia and UAE), and Israeli tech hubs.
We have established relationships in the Middle East and blockchain sectors that can facilitate rapid progress. Financing for the core business development activities is already secured through private channels, but we aim to involve the Polkadot community early to build awareness, gather input, and ensure collective ownership of this initiative.
Key Elements of the GREAT Trust Plan and the Opportunity for Gaza
The GREAT Trust Plan envisions a complete overhaul of Gaza, transitioning it from a conflict-impacted region under Iranian proxy influence to a prosperous hub integrated into the Abraham Accords and the India-Middle East-Europe Corridor (IMEC). Core components include:
- Urban and Economic Reconstitution: Rebuilding Gaza with 6-8 AI-powered smart cities, interconnected via highways, trams, and infrastructure corridors. This includes 10 mega-projects such as the Abraham Gateway logistics hub, Elon Musk Smart Manufacturing Zone for advanced industries (e.g., EV production using Gulf minerals), American Data Safe Haven datacenters, and Trump Riviera resorts.
- Governance and Security Framework: A phased US-led custodianship evolving into reformed Palestinian self-governance, with hybrid security forces (initially private contractors transitioning to local capacity) ensuring stability. The plan projects 1M jobs created (250K direct), an 11X GDP increase from $2.7B (2022) to ~$32B annually ($200B cumulative over 10 years), 100% permanent housing, >85% school enrollment, and 13K new hospital beds.
- Innovative Funding via Tokenization: A land trust model where ~30% of public Gazan land is leased for 25-99 years, tokenized on blockchain for fractional ownership and liquidity. This self-financing mechanism is expected to generate >$300B in asset value, $324B in total assets, and $385B ROI on a $100B investment over 10 years—without relying on donations. Returns above a defined IRR would feed into a Palestinian Wealth Fund.
- Humanitarian and Relocation Support: Secure, Hamas-free aid distribution through the Gaza Humanitarian Foundation (GHF), with voluntary relocation packages ($5K/person + subsidies) for ~25% of residents, saving ~$23K per participant and accelerating reconstruction.
This plan addresses Gaza’s current economic collapse (high unemployment, aid dependency) by positioning it as a Mediterranean trade, manufacturing, data, and tourism hub, benefiting from proximity to Europe, GCC markets, and Israeli tech.
Why Polkadot is the Ideal Technology Partner
Polkadot’s multi-chain architecture, scalability, and proven track record in RWA tokenization make it uniquely suited to underpin Gaza’s tokenized network state. Key alignments include:
- Tokenization Expertise: Polkadot has led in real-world asset tokenization, with projects like Xcavate revolutionizing property investment through decentralized, community-governed tokens. Recent initiatives, such as Paraguay’s $6M tokenized real estate project on Polkadot (launching equity tokenization for urban redevelopment), demonstrate the network’s capability for secure, interoperable land registries and fractional ownership—directly mirroring the GREAT Trust’s blockchain-based land trust and tokenization model.
- Interoperability for a Digitized Economy: Gaza’s smart cities will rely on ID-based AI systems for all services and economic activities. Polkadot’s parachain ecosystem enables seamless integration across manufacturing, datacenters, logistics, and finance, ensuring compliance with US AI regulations while connecting to IMEC partners (e.g., Israel, UAE).
- Treasury’s Support for Defense and Security Initiatives: The Polkadot Treasury has a history of funding strategic defenses, as evidenced by Referendum #1535 (https://polkadot.subsquare.io/referenda/1535), which approved ≈290.9K USDC for the PoKe Berlin Team to extend their work on transforming projects into operational states, including a German Defense Industry Project for a Resilient Identification System using blockchain for military ally/adversary identification and opportunities in EU-funded maritime communication. This aligns with Gaza’s hybrid security needs (~$12.9B over 10 years for forces maintaining stability), where Polkadot could extend support for blockchain-secured governance and asset protection, showcasing the Treasury’s role in defending decentralized innovation.
- Financial Opportunity: With projected $185B in industry revenue and $37B in taxes for investing countries over 10 years, plus $24B in direct Trust revenue, this represents a massive market for Polkadot-based RWAs. Early involvement could capture a share of the >$300B asset value, driving DOT adoption and ecosystem growth.
- Advanced Governance: Polkadot’s OpenGov represents a pioneering on-chain governance system that empowers the community, over 1.3 million DOT holders as DAO members, to drive network evolution without central authority. For Gaza’s network state, OpenGov could enable decentralized management of the tokenized land trust and Palestinian Wealth Fund, allowing Gazans, investors, and stakeholders to propose and vote on reinvestments or policy changes, fostering long-term stability and community alignment.
- Proof of Personhood and Web3 Citizenship: Polkadot is at the forefront of Proof-of-Personhood (PoP) initiatives, aiming to shift from Proof-of-Stake to a model where unique human identities, verified anonymously form the basis of consensus, governance, and incentives. This includes the upcoming Polkadot Citizenship App, a mobile Web3 passport integrating decentralized identity (DID), PoP validation, and reputation systems, set for launch in Q4 2025 with features like proof-of-ink and gesture-recognition for verification. In Gaza’s context, PoP aligns with ID-based systems for services, ensuring unique citizen participation in governance, tokenized land ownership, and Wealth Fund distributions, fostering a secure, sybil-resistant network state.
This is a huge opportunity to showcase Polkadot’s groundbreaking advances in modular blockchain technology, providing unprecedented exposure to global audiences in geopolitics, finance, and tech.
It would serve as a landmark marketing win for the launch of Polkadot’s Hub and Cloud, highlighting Polkadot’s real-world impact in rebuilding economies and fostering peace through decentralization.
However, we must act decisively, other blockchain networks are currently being solicited by the involved parties for similar roles.
Polkadot’s superior interoperability and RWA maturity position us to lead, but community support is crucial to secure this partnership.
Proposed Bounty Details
- Scope: Fund business development activities, integrations for tokenized real estate, R&D, partnerships with GREAT Trust stakeholders, and community events to promote Polkadot in the region. Estimated bounty: 500K-1M DOT], focused on high-impact deliverables.
- Timeline: Post-discussion, submit as OpenGov referendum for Q4 2025 execution.
- Metrics for Success: Measurable outcomes like stablecoin volume, asset tokenization , and media coverage tying Polkadot to Gaza’s redevelopment.
We invite your feedback: What features should the bounty prioritize? How can we ensure alignment with Polkadot’s community and partners? Are there existing parachains (e.g., for RWAs or identity) that could integrate? Let’s discuss and refine this together to make Polkadot GREAT again.
Looking forward to your thoughts.
Best,
Gaza DOT