Name of Project / DAO / Company
One Immortl
Application type
Grant
Proposal overview
One Immortl’s ONE app is a dual loyalty-rewards and fiat/crypto mobile application and wallet with a native token to be deployed on Harmony (HRC-20). This is a hybrid app that will unite the disintegrated customer loyalty program environment and reward all users for living a healthy and sustainable lifestyle. The ONE app, built on Flutter, is supplemented with the integration of the Immortl wallet, to be built on Harmony’s network. Users are able to pay in fiat and cryptocurrency with Immortl (IMRTL), Harmony (ONE) or Polygon (MATIC).
We have partnered with CoreCard Software to stand as our payment issue-processor and provider of card management and transaction processing systems, as well as in agreement with Mastercard. Through this, real-time payments can be made at retailers and service providers in crypto or fiat with merchants receiving funds in fiat. Users can also buy, sell, hold, and stake cryptocurrencies as well as perform P2P transactions. As an HRC-20 token, the Immortl token (IMRTL) will be deployed as a native token to the Immortl app and wallet. User will earn and accumulate rewards in the form of IMRTL tokens. With these, users will have the luxury to redeem their tokens at ONE partners, hold or swap for either Harmony (ONE) or Matic (MATIC) tokens and even stake.
We have partnered with renowned service providers including Polygon, CoreCard Software, the Royal Family of Abu Dhabi, several restaurants and cafes, luxury hotel brands such as Rixos and Oberoi Hotel and many more. Our main aim is to bring a real-life value and usage to blockchain as well as proving a payment platform for users to earn IMRTL tokens for their purchases. With the onboarding of existing and new partners, we plan to expand the adoption of the Immortl wallet and ONE app in multiple regions and continents. Accordingly, this will broaden the activity and circulation of IMRTL, ONE, and MATIC tokens.
The Immortl wallet and ONE app also provides a gateway for users to enter the cryptocurrency space. Each partner comes with an existing community and the desire to grow that community, rewarding them in the process. With the ONE app platform, it offers merchants the ability to reach multiple communities in different regions.
We are continuing development of our ONE app and Immortl wallet (50% completion) and are ready to deploy our token.
Team
Denis Stolper - Co-founder, CEO
Kellen Miller - Co-founder, CFO
Thomas David - COO
Chris Korkor - CSO
(LinkedIn profiles in external link below)
Proposal ask
$50k
Justification
We are requesting $50k in equity-free contribution
- $10k after deploying Immortl wallet onto testnet
- $10K after forming DAO with 5-out-of-9 multisig with Immortl and Harmony DAOs
- $10k after deploying complete Immortl wallet onto mainnet with audit and launch of ONE app on iOS and Android
- $10k after acquiring 1k users
- $10k after acquiring 10K users
In addition to funding, we are requesting Harmony’s assistance in wallet development and fundraising. With our technology being built upon Harmony, it offers the complete solution to ensure security and transaction finality within seconds at extremely low costs. Combining transaction speed, low costs and high-volume of data processing, we are able to provide all users with an app and integrated payment system used for both pleasure and business. The product will rest well with the Harmony community with an application providing ease and value to all users in the long term.
Metrics for success
- Weeks: 1-2: Deploy Immortl wallet on testnet
- Weeks 2-4: Allow beta access for ONE application to Harmony and Immortl community for extensive testing and gather feedback
- Weeks 3-6: Form a DAO with 5-out-of-9 multisig made up of 3 governors from the project team, 3 governors from the project community and 3 governors from Harmony DAOs
- Weeks 5-8: Deploy Immortl wallet on mainnet with audit and launch of ONE app | market for user growth – Full PR promotion
- First month after launch: Acquire 1k new users
- Third month after launch: Acquire 10k new users | Outlined and detailed roadmap
External links
Whitepaper - One Immortl Whitepaper.pdf - Google Drive
Website - https://one-immortl.com
Twitter - https://twitter.com/one_immortl
Team LinkedIn Links|ONE App and Wallet Screenshots - Team LinkedIn Links|ONE App and Wallet Screenshots .pdf - Google Drive
