Treasury Proposal - High Performance Public Infrastructure (Ongoing Costs for Q1 2021)

OnFinality is a SaaS platform providing infrastructure services for the Polkadot/Substrate community. We just launched our beta version of a shared node API Service and are already listed in the Polkadot.js app. This service expands on our core mission - to support all blockchain developers in the world by providing core infrastructure so they can focus on building the next dApp.

Setting up blockchain infrastructure is difficult and time consuming, and requires a level of server development expertise that many don’t have. We're applying for funding for the ongoing costs of our free public API service for Polkadot so that everyone can access a public pool of managed Polkadot nodes.

This funding grant is for the ongoing running costs of this pool of Polkadot nodes for Q1 2021 (January/February/March) - this will be proposed again every three months. These costs are currently estimated at USD $1,101.60 a month

More Info

• We just served over 3.2 million requests in a single day on the 6th of January 2021 to our free API service
• There is an additional separate funding grant for improvements to the API service that further scale the service. The details of this future grant are here.
• We’ll maintain our free tier for users of 500,000 requests a day while funds to run these nodes remain. This is so we can maintain and ensure that Polkadot is accessible by all, from the largest and most funded development teams, to the many amateurs tinkering away.
• In the future, we may provide additional paid tiers of API Service usage above those 500,000 daily requests at different costs structures
• We’ll maintain the one click deploy dedicated node access to Polkadot for customers that need more than what our API service is intended for
• You can access our public API service by creating a free account for our admin portal, or by connecting to it using Polkadot.js

You can read more on this treasury funding proposal at https://docs.google.com/document/d/10u47lMl_uuDHPL18rzfHn8F3Yt3_mT5B2guqqQUUl04/edit?usp=sharing

You can also read about our funding proposal for the improvements to the scalability of our service here.

Additionally, you can talk to us on Telegram at t.me/onfinality