Onramp and Crypto Card plugin for wallets on FLOW Blockchain

[Ricchnear]

Grant category

Please select one:

• Developer tools / services

Description

Swyype Pay is a wallet onramp infrastructure that allows businesses and developers to offer and sell crypto to their users easily and affordably at no cost to their businesses or products.

Problem statement

The need for Nigerian developers and business owners to offer instant sale of crypto assets to their users without peer-to-peer intervention

• Target audience: Businesses and Developers
• Evidence for the need: We have been building Swyype Pay and currently strive with a team of 10, plus the need to build the new product would require Swyype Pay purchasing and holding all crypto assets we would want to make available to these different businesses.

Proposed solution

An onramp API package that would be easily integrated into both mobile apps and web apps. Giving developers with different products access to make instant onramps of flow tokens available to their Nigerian market.

Impact

• In what ways does this benefit the broader Flow developer ecosystem?
  Fiat onramp payment solution that plugs into any wallet on FLOW allowing more users to access any token on FLOW Blockchain faster and more affordable in the Nigerian market through direct bank transfer, payID, debit card payment, and more. Developers would be able to integrate this into their wallets with a single line of code and at no extra cost, creating a seamless mode of purchase for users and a seamless integration interface for developers and business owners.
  This Impact would be replicated in more African countries as we scale.

Milestones and funding

Note: Please consider adoption and/or maintenance milestones at the end of your project.

Milestone	Deliverables	Timeline	Risks	USD proposal
1 - MVP	Building our onramp infrastructure for FLOW token alone	4 weeks	-	5,000
2 - Beta launch	Launching our onramp across 4 wallet on FLOW Bockchain	4 weeks	-	5,000
3 - Full Launch	Adding Onramp of all Stable coins on FLOW blockchain	4 weeks	-	5,000
4 - Growth	Scaling towards adoption with all wallet on FLOW adopting Swyype pay to provide onramping to their Nigeria user base	8 weeks	-	10,000
5 - Marketing	Launch of Swyype pay marketing campaign, including developers advocate program, developers community launch, web3 event gathering promoting Swyype Pay and FLOW blockchain	6 weeks	-	5,000
6 - Expansion	Expanding our product scope by including cryptocard service to allow more wallet to offer more cryptocards to their users on FLOW Blockchain	6 weeks	-	10,000

Total funding proposed: <USD 40,000>

Team

Name	Role	Bio	Contact
Divinegift Soetan	Founder and CEO	Blockchain business developer	linkedin
Elijah Chinedu	Product manager	Innovative product manager	Linkedin
Kolawole Elijah	CTO	Full stack and blockchain developer	Linkedin