[Describe in less than 2,000 words on how this will benefit the blockchain ecosystem. Be specific about the goals and outcome of the proposal, with go-to-market and/or user-acquisition strategies if possible.]
Our goal is to eliminate double, triple, quadruple… checking when sending crypto to wallets. We all know someone who has accidentally sent funds to the wrong wallet address even after manually checking the recipient address multiple times. Pipe.x aims to eliminate this issue by enabling two-way wallet verification by both parties (sender and recipient) before any funds are sent. This will prevent funds from getting sent to wrong addresses as well as reduce anxiety and frustration that arises when making crypto transactions. Our strategy is to provide a layer upon already existing crypto wallets. We plan on engaging online communities, making partnerships, and then later using paid advertisements on crypto platforms.
What stage of the product or idea are you (and your team) at? Is it live on Harmony and/or another chain? How many active users do you currently have, or aim to acquire? How much funding do you need? What are your milestones? What help do you need, or what gaps are there in your team?]
We are currently still in the ideation phase and plan on building this upcoming Summer. Our first milestone is to hit 50 daily transaction verifications. We need help hiring skilled developers as well as paying for operating costs and marketing.
100 daily verified transactions
Github Projects: ivekivek (Ivan) · GitHub