{"signature": "0x2e5f0f0d86699d65159ffe7f35520f24ed7732369e146b1d4fb6234f6b40694f4aeea6621387a049fab9aba5b0e6b9e1e3548c16bc18eb514f96c68cf945a3db1b", "application": {"round": "0x12bb5bbbfe596dbc489d209299b8302c3300fa40", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "oDu7D+Pp8fog/SikQAr4k62DQ+KMnptRz3YkV+vlZnQ=", "encryptedSymmetricKey": "f34e43cf7ba504684bd443d20168b121b75dbf4073f13abc8cb35e0afdc36f64c6c5955c34ed3f13a9343139ba854a06c19aa1aac4c11c6a0a659306d4f44a97873951b0be01021eea6c11ad27739b434d489356e2b5fa2616655386df64f8acb7673b29e664415aa1716080f424fc5d519d79d0a030faca0781dc499d0d913e00000000000000207636a2493ab6ccaa496733a96bdcd2c8d2e378d1790910aa5f6cee821809c8f0a91a45cabe11090bc22d3ce413ad568b"}}, {"type": "short-answer", "answer": "Axelar Network grant", "hidden": false, "question": "Previous project funding sources (VC, grants, token sales, etc)", "questionId": 1}, {"type": "number", "answer": "20000", "hidden": false, "question": "Total prior funding for project in USD", "questionId": 2}, {"type": "number", "answer": "5", "hidden": false, "question": "Total team size", "questionId": 3}, {"type": "number", "answer": "7", "hidden": false, "question": "How old is the project? (Months)", "questionId": 4}, {"type": "address", "hidden": true, "question": "If you participated in past grant rounds using a different project payout wallet address, please share it here:", "questionId": 5, "encryptedAnswer": {"ciphertext": "MPPKtWi3gGN4oQNdqUFueVahPf4i/nqZUTvwp/WqvmvR9lvwdAbT4UzNbO1gGW1hJe8cHDFU22vzt1s/qlDP+g==", "encryptedSymmetricKey": "65219e0bf7f3520ad3c8e78d6f3447a50f1541ca671ee7db42beaef428358d72628dae63b2daafd6eac534f0b52b8914bcf71016109e575d6564bdf87ec1bc8c3a68862198a97b0126b77f7dbbca6ae1af422267273848a6c4baabae55a1a798ac0d470eacefeebfbacc82f858ce3b00ccb4ddc3b9f10c91f6c5057b76571c6c000000000000002025b8a5cd591862c8e902def1837bcd4a74482057a35dd96a548231de6bffd9da8513aa061bf44673017fc5b35538bf84"}}, {"type": "paragraph", "answer": "https://twitter.com/kolaootro", "hidden": false, "question": "Profiles or socials of other main team members publicly associated with project", "questionId": 6}, {"type": "multiple-choice", "answer": "Yes", "hidden": true, "question": "Have you read and confirmed your grant abides by the Program General Eligibility Policy? https://gitcoin.notion.site/Gitcoin-Grants-Beta-Round-Eligibility-b7fca9fd3c26450b89ded11caaa6497f", "questionId": 7}, {"type": "paragraph", "answer": "First of all, the purpose of creating a community is to boost worldwide adoption, get as many non-crypto people into crypto as possible. Discrupting web2 neobanks like Revolut and then web2 superapps like WeChat is an extremely difficult task, so we put everything we can out in the open-source for contributors engagement and transparency.\n\nOur app build on **PWA** (progressive web application technology) and using [Storybook](https://storybook.js.org/), so everybody can contribute by improve/add modular UI components, that will be added to DOM Wallet. Also, fork our app, redesign every component of the wallet as they want and build any UI they wan't due to it's modular system.\n\nAt the moment we integrating web3auth **MPC** (experimented with it on web3auth alpha private release) and **Safe AA SDK** for gasless transaction. web3auth with social login already works on production [DOM Wallet demo](https://app.dom.money)\n\nAlso we plan to implement the below described scheme, as MVP using account abstraction (the important difference is that the account abstraction is tied to Maker and Taker account or retail user and Market Maker/Liquidity Provider account), to perform P2P escrow without custody risks.\n\n---\n\nIn the near future we plan to launch a p2p fiat off-ramp for DOM Wallet in Brazil (with the help of a national payment system with instant payments - [PIX](https://www.bcb.gov.br/en/financialstability/pix_en)). It is built on [OPENFINANCE](https://openfinancebrasil.org.br/) technology by the Brazilian state, so we can achieve getting public data of transactions to become more transparent. We need transparency because of future distribution of off-ramp fee to our fiat rails sub-DAO members, who should expanse new regions.\n\nSo think about it as an **open-source fiat on-off ramp** as much as possible, controlled by community and open to integrate any wallet on their own p2p exchange infrastructure or based on our sub-DAO entity's . We developing p2p software with 2 counterparties.\n\n    1. Liquidity provider - an individual who earns from p2p exchange of stabelcoins to BRL(as Brazil will be first country, due open banking initiative of the Brazil government)\n\n    2. Retail wallet -  user who refills (buys) stablcoins to top up the wallet for BRL or buys goods/services/makes transfers for stablcoins, converting into BRL (instant off-ramp)\n", "hidden": true, "question": "How does your project fit into the OSS round eligibility criteria? ", "questionId": 8}, {"type": "paragraph", "answer": "1. Worked with Moonpay consultants to design a permissionless system of p2p crypto-fiat payments. Developed a novel p2p architecture.\n2. Conducted legal research to mitigate custody risks for liquidity providers using PIX as an off-ramp.\n3. Conducted in-depth research with local experts to identify the most promising countries to launch QR payments. Top 5: Brazil, Sri Lanka, Philippines, Indonesia, Singapore.", "hidden": false, "question": "If you've participated in past grant rounds, please share any new updates or milestones from the prior months", "questionId": 9}, {"type": "paragraph", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that has not been covered?", "questionId": 10}, {"type": "multiple-choice", "hidden": true, "question": "Does 50% of your team reflect the diversity of the community your project serves with a particular emphasis on including women, Black, Indigenous, and People of Color (BIPoC), individuals with disabilities, and members of the LGBTQ+ community?", "questionId": 11, "encryptedAnswer": {"ciphertext": "KL0Yunl1QXJkRaasvEbleRz9rgfCXFczLrO/KEUW8N4=", "encryptedSymmetricKey": "4ddafb0c7536fdce95254770861cf466308ac858da7b0259baf9c9a24feeb6782c2d8d1fe8dc5b8dbb02468fe8063718b23c5b2e686f7408cd9250507c3d030b14df767c92feb03b21489b7755175618611a83f115e8ce02f04c420776564faae3d4e8b4effdaab0a5e2172e01298f145492ee6a0be0ed1be27da2011043ee2e0000000000000020acce96a8b41f809e43ec07e0291d918dca26afc2067b8d3c1bfe0f9fa0869cd97eba6d75e8d355b93a74480d67af55ac"}}], "project": {"id": "10:0x8e1bD5Da87C14dd8e08F7ecc2aBf9D1d558ea174:154", "title": "DOM Money \u2013 wallet for everyday expenses", "logoImg": "bafkreie4qzadqs7trpcar24wdfpeafrpwkia27xeu5adnplssznvi24qyy", "metaPtr": {"pointer": "bafkreidzrzo6eutahwbtda24uao63iaxmysmw7uerishw45zkwbogm5lxm", "protocol": "1"}, "website": "https://dom.money", "bannerImg": "bafkreif5kupro7rq2dow34ra4crlzm2rpqze2mqjyzwciml64xs7mm54k4", "createdAt": 1681855217577, "userGithub": "stepandra", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..vWCsHEUbVVwlG62SnZlas8XJTIwd0wfeetYfCihJA4UMKD0kOxj0ug3c09F96-oBvc1nbdTmejF8IUIVUVtfAg", "type": "Ed25519Signature2018", "created": "2023-04-18T22:18:13.072Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-18T22:18:13.072Z", "expirationDate": "2023-07-17T22:18:13.072Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x234415043b1fff486e8315a14f4bcD4aF1e7513C", "hash": "v0.0.0:mzT6nIuWKE8whYpy4xqiqs/lT7l+Aw1B+/DSoDZZqEM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#dom-money#4786779"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..p9JCd2t5GGKd6WWNoCQW4yoqbmn5N9FSXLmto3p7IY9bWsQcBniM2eEQGIMUCYxQUy2iuIJzavCRwFUPJ-IcDA", "type": "Ed25519Signature2018", "created": "2023-04-18T21:55:25.039Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-18T21:55:25.039Z", "expirationDate": "2023-07-17T21:55:25.039Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x234415043b1fff486e8315a14f4bcD4aF1e7513C", "hash": "v0.0.0:zac0AYPQo+1tCxRTaNFyTgaC+IJgXvgeDqKc7AgFSsw=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#DOMUNSTOPPABLE"}}}, "description": "> In **DOM Money** \u2013 we are building a community-governed smart wallet for everyday expenses. Simple enough to be used by non-crypto users and useful enough to be used by degens daily. Our strategic goal is to build a community-governed super-app fully built on top of web3 stack.\n\n### **Key features include:**\n\n- _native off-ramp payments_ at any store using national QR code fiat payment open standards (SGQR - Singapore, PIX - Brazil, QRIS - Indonesia, Bharat QR - India, etc)\n- _convenient neobank interface_ to onboard non-crypto and unbanked users\n- _single-swipe access to whitelisted DeFi protocols_\n- _seedless onboarding_ (social login), while stay really secure (MPC)\n- few sponsored transactions as \u201cwelcome gas gift\u201d for first step user retention\n- pay gas fees in stablecoins, like it's native token\n- additional security: withdrawal limits, fraud monitoring, social recovery\n\n---\n\n#### **Wealth account**\n\nStablecoins is used in selected DeFi prototols(Aave, Uniswap v3, Convex, etc) with sustainable business models. You only need to choose the risk level and deposit amount. UX feels like:1 swing like swipe to select risk level and amount of stablecoins, which will earn yield from selected DeFi protocols leveraged by transaction bundling. For example, user needs to sign transaction just once to approve, ZAP and deposit directly into target pool or even more complex strategies.\n\n### **The first target to disrupt is web2 neobanks (Revolut, N26)**\n\n> Our approach here is to replace all consumer banking services while maintaining a familiar fintech interface comfortable for non-crypto users. All complexity, which makes using a crypto wallet more complicated than current fintech applications is hidden under the hood which provides easy onboarding for newcomers.\n\n---\n\n#### **Steps to decentralize wallet for next few years**\n\nOver time we plan to decentralize our wallet structure as much as possible for wider adoption, evolved by community. All revenue streams would be redirected to DAO treasury. For now we see 3 core states, that can act as sub-DAOs:\n\n1. **Fiat APM sub-DAO** - responsible for onboarding and managing alternative payment methods in their region. Less centralized infrastructure, instant, low fees for merchants, no bank account needed, suitable for unbanked population.\n\n2. **Yield sub-DAO** - try to determine list of DeFi protocols sorted by risk level that meet sub-DAO requirements. Research and propose strategies that generate yield from whitelisted protocols.\n\n3. **dApps sub-DAO** - experiments with increasing user adoption by nominating dapps in a limited number of super-app slots, integrated natively into DOM SC wallet UI.\n\n#### **Team**\n\nWe are a global team of nomad professionals with backgrounds in Distributed systems, TradFi, DeFi, and UX.\n\n- AWS engineer\n- designed by Revolut product design lead\n- ex JPMorgan\n\n_Building people\u2019s first financial instruments._\n\n### Wanna be early?\n\n---\n\n[Join waitlist now](https://tally.so/r/mKzN17) \ud83d\udcdd\n\n[Project URL](https://dom.money) \ud83d\udd17\n\n[Twitter](https://twitter.com/DOMUNSTOPPABLE) \ud83d\udc26\n", "lastUpdated": 0, "projectGithub": "dom-money", "projectTwitter": "DOMUNSTOPPABLE"}, "recipient": "0xC3Db29e34952C186d5Fcaa8ed3f69bd432c7F646"}}