Product Launch, Investment
For Digital currency to be able to scale into an economy we believe it needs to be more than a storage of value. The Blockchain has given us an amazing opportunity to enhance, scale and reinvent the economy.
The Harmony Pay team is working toward helping bringing traditional shoppers and eCommerce users and clients to use and be familiar with crypto in a way that already used to, e.g. Shopping, trading, offer services, subscribers, making business transactions etc.
We want to bring those clients to use the Harmony network.
Harmony Pay Team officially launched Stage 1 on the 26th of September 2021.
We launched the the Expert Mode WordPress / WooCommerce plugin. Fully open source fully decentralised and independent.
Within hours we had inquiries asking if it works with Shopify, Magneto or other 3rd party eCommerce platforms.
Our thinking behind Harmony Pay is to keep it Independent and running on users servers.
However, even people that know how to install applications on Linux servers found it difficult to install, despite we created an easy to run script.
The Feedback was “We just need an API that works with our platform”
We knew that would be the case and already working on our integrations and making the the installation more user friendly.
We will keep the Expert Mode always free open source and independent for anyone who wishes to install it alone.
The plan is The Harmony Team to offer 2 more installation options and make the installation and use of
Harmony Pay very easy and intuitive so anyone that has an e-shop can install it without technical knowledge. We will also produce easy step by step video tutorials.
The Decentralised option where the Harmony Pay Team will offer to install the Harmony Pay Gateway for a user using our recommended VPS. All the installation and making sure all is working fine will be offered at one off reasonable fee.
In this option the user is independent and 100% decentralised.
Then we will offer the EASY Mode , a centralised server where the user simply opens an account and after installation they set up the Harmony Pay plugin and just install their API key. This will be a subscription service.
There will be a easy step by step guide
We will also work on the following:
- Build Harmony Pay integration with NextJS Commerce (sdk)
- Build Harmony Pay integration with Gatsby (sdk)
- Build Harmony Pay extension for Magento
- Build Harmony Pay plugin for Opencart
- Build Harmony Pay plugin for Prestashop
- Build Harmony Pay integration with Shopify
- Build Harmony Pay integration with BigCommerce
- Build Harmony Pay plugin for Saleor.io headless ecommerce
- Build Harmony Pay integration with Ecwid
- Build Harmony Pay plugin for VirtueMart (Joomla CMS ecommerce extension)
- Implement DEFI swap feature to *fiat auto settlements
Finally we are producing a Web3 subscription service and the prototype will be available very soon. We aim to include that product within Stage 2
We did a research and found the following
Total Live Sites - 3,491,724
source: WooCommerce Checkout Usage Statistics
Total Live Sites - 206,162
source: Magento Usage Statistics
Total Live Sites - 331,251
source: PrestaShop Usage Statistics
Total Live Sites - 452,920
source: OpenCart Usage Statistics
- Shopify website which defaults to US dollar currency.
Total Live Sites - 1,304,988
source: Shopify US Dollar Usage Statistics
- Shopify website which defaults to Euro currency.
Total Live Sites - 300,573
source: Shopify Euro Usage Statistics
- Shopify website which defaults to British Pound Sterling currency.
Total Live Sites - 167,860
source: Shopify British Pound Usage Statistics
- Shopify Plus is an ecommerce platform for high-volume and enterprise merchants.
Total Live Sites - 6,059
source: Shopify Plus Usage Statistics
Total Live Sites - 53,974
source: BigCommerce Usage Statistics
Total Live Sites - 882,130
source: Ecwid Usage Statistics
Total Live Sites - 57,666
source: VirtueMart Usage Statistics
1% = +/- 70491 shops
*data collected: 23/09/2021
Part of Stage 2 is also the Marketing Strategy. We have the targets below which we believe are achievable and looking to creating a stategy in parallel to developing the Harmony Pay product.
Currently we are asking people to install the plug in and willing to help at least 10 users for free.
This will enable us to receive feedback and form a better understanding how we can attract more users.
There is an unofficial “space race” on other networks to who will offer the best integrated system and protocols for payments TradFi <-> DeFi
We want to bring the attention to Harmony Network. We want to deliver a product that will attract the attention of investors as well as users.
We are asking for an investment/ grant to finish stage 2 of Harmony Pay which will include
- Integration with more eCommerce platforms
- User Friendly Dashboard and easy installation options, more Docs
- Seamless DEFI swap feature to fiat auto settlements
- Marketing strategy and implementation of that strategy.
- Recurring payments
There is Stage 3…
Harmony Pay Team
$35K to $50K
This is based on 400h spread over 2.5 to 3.5 month part time work for 2 existing developers and potentially may add a 3rd collaborator in the team.
Initial 10 Users while developing and growing the product
Q2 2022 500 users
Q3 2022 1500+ users
Q1 2023 5000 users
Q2 2023 10000+ users
Familiarise & attract Non Crypto users
Create interest & attract investors
Twitter and Discord increase followers and interactions