Mover - The first ever crypto debit card that supports Harmony assets natively

Name of Project

Mover

Proposal overview

Mover is building open-source tools and products to make web3 savings and spendings easy and accessible to everyone. We have built:

  1. Omni-chain USDC savings: deposit from one network to the yield strategy on another network.
  2. A crypto debit card that can be topped up from a non-custodial wallet of your choice with a token of your choice.

We are already working with amazing DAOs and projects to let their users easily access their tokens offline. To name a few: Sushi, OlympusDAO, Redacted Cartel, Alchemix, Concave, Moralis, EPNS, and many more. Many other projects are already waiting for the integration!

We are live on Ethereum, Polygon, Fantom, and pending Avalanche, Arbitrum, Optimism, Near. We are now getting ready to integrate Harmony :heart:. What does integrating Harmony mean?

Integration
Integration Harmony would mean that every Harmony user will be able to natively (as connect - a wallet, sign a transaction, and magic happens) top up their Mover debit card using the Harmony network and Harmony-based assets. We have attached a live video of how simple and easy the top-up process is: just select an asset, and top up the card.

Benefits
Our integration requires us to build/integrate a swap aggregator mesh: to be able to use all liquid assets on the Harmony network. It means that all DEXs will directly benefit from this option.

Our integration also requires access to bridges: to be able to bridge funds for settlement. It means that Harmony bridges will also directly benefit from the activity on the bridges.

Finally, all DAOs, social projects, and new protocols will also benefit as their tokens (locked, vested, and other liquid assets) will also become available for the top-up.

This integration benefits the Harmony ecosystem by introducing a new level of utility for all Harmony-based assets.

Why us?
Because we can execute. We have successfully built and executed this use case on numerous networks. We have a track record with amazing partners. We are open-source and open to all new crazy ideas that can make web3 more accessible and friendly.

Finally, we are builders just like the community here.

Our goal
Our goal is straightforward. We want to make sure that every Harmony user can easily access their funds without the need to go to other networks or exchanges at any point in time.

The need for a grant
We are self-funded and have been bootstrapping for over 1,5 years. We have received OlympusDAO and Gitcoin grants for gasless transactions. To offer new features to new users we need your support.

Proposal ask

To make all Harmony-based (liquid) assets available as card top-up options, we are asking for a $100,000 grant.

The grant will include building and open-license/open-source the following elements:

  1. Mover Harmony Central Transfer Proxy
  2. Mover Swap mesh exchange contract
  3. Mover bridge mesh contract
  4. Mover card top-up logic/contract

Metrics for success

We believe that the success of our integration can be measured with the following metrics:

  1. Total volume (of cash-in and cash-out options). This metric speaks for itself: the higher the volume, the more the network assets are used.
  2. Total transactions (every top-up requires at least one swap and a bridge transaction). It affects network usage.
  3. Number of new projects on the network with Mover integration. This metric affects ecosystem growth.

External links

  1. Website
  2. A demo of card top up with an ERC20 token
  3. First ever on-chain card top up with alUSD (self-repaying card top up)
  4. Our vision

As a community member, I find this proposal very interesting and hope the core team will take an in depth look at it.

Thank you, Jose. Initial post has a limit of 4 links, so I had to choose wise what to include. But there is so much more to it to share!

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No problem.

Anton, the vision document is impressive and interesting…still reading but wanted to let you know its great info.

Take care

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Thank you for submitting a proposal to Harmony’s $300M Ecosystem Fund. We are in the process of reviewing your proposal and will assign a representative on behalf of the Grants Ops team.

We would also love :blue_heart: to have the Harmony community participate to ask questions and provide feedbacks.

If you have more details to add, please do so by replying to this thread.

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Hi @niarbnotna - do you have screenshot of daily active users since you’ve gone live?

We would propose a $50k grant with measurable metrics for success given current active users (screenshot request) as well as definitive total transactions and new projects with Mover integration.

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@cheualx hi! Thank you for your message.

Here is our current statistics on the cards

active cards: 285
received but not yet activated cards: 42
cards in shipping: 25
KYC pending: 47
KYC waiting: 46
early sign ups: 1,037

I also attach our general transfer proxy contract

And finally, here is the screenshot of the web app activity based on the infura logs

Also, would be happy to work with Harmony grants team towards defining the goals/metrics!

Thanks

@cheualx please let us know about the next steps. Thank you!

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Hi @niarbnotna,

With current Guidelines revised with higher watermarks I would have to decline current proposal and encourage you/team to reapply when 10k users have been achieved.

We hope you continue to build on this concept and circle back when it is ready to be discussed further. Thank you for choosing Harmony.