Following on from our initial [Polkassembly discussion post](https://polkadot.polkassembly.io/post/144#9a968c2d-15a1-4252-9015-303d83145838) we are pleased to submit our proposal for the first milestone of the LocalCoinSwap non-custodial trading implementation.

**Github:** https://github.com/LocalCoinSwap/

**Homepage:** https://localcoinswap.com/

**Intro:**

LocalCoinSwap is a P2P cryptocurrency exchange which focuses on providing trustless fiat on-ramp solutions, enabling global accessibility for cryptocurrencies. We bridge the gap between users and crypto where centralized exchanges fail, in particular across developing regions of the world where access to mainstream finance is limited.

After a successful proof of concept with Kusama, we are now looking to extend the underlying infrastructure that we have developed to make a single package that is generically useful for any arbitrary number of parachains and tokens. We will then use this package to develop an open-source non-custodial trading integration for Polkadot. This will allow a trustless non-custodial fiat on/off ramp for DOT.

Following on from the discussion in the original thread, we have updated the proposal to better reflect the full scope of the project. Please check out our detailed proposal below and we welcome any questions or feedback: 
https://docs.google.com/document/d/1vP54xXbJxPC1nJQ0RA7TC4S16mFAuNvSP6iDxfFFcPc/edit#

This proposal seeks reimbursement from the Polkadot treasury to cover Subscan's operation and maintenance costs from July to December 2022. Subscan plays a vital role as a block explorer and analytics tool for the Polkadot network. The reimbursement will cover expenses including server infrastructure, security measures, and personnel costs. Server infrastructure costs are estimated to support the network's smooth operation. Security measures ensure user data safety, while personnel costs reflect the dedicated team needed to maintain Subscan's functionality. This support ensures Subscan's continuous operation and contributes to the growth and development of the Polkadot network.

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beneficiary

- LocalCoinSwap is a P2P cryptocurrency exchange that helps people access cryptocurrencies.
- They want to develop a non-custodial trading integration for Polkadot.
- This will allow people to trade cryptocurrencies without needing to trust a third party.
- They have a detailed proposal that you can read for more information.
- They are open to questions and feedback.

#20 LocalCoinSwap Treasury Proposal - Python Substrate libraries upgrade & Polkadot integration

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