Last updated 4 months ago
Cardano and Bitcoin lack business-ready onboarding tools such as non custodial wallets, social logins and gasless transactions, leaving them behind ecosystems like Ethereum.
UTXOS is building the financial rails for UTXO blockchains, secure onboarding and everyday spending; enabling seamless adoption for Cardano and Bitcoin apps.
This is the total amount allocated to Mesh UTXOS x Mercuryo (MasterCard) x Checkpoint.
Please provide your proposal title
Mesh UTXOS x Mercuryo (MasterCard) x Checkpoint
Enter the amount of funding you are requesting in ADA
490000
Please specify how many months you expect your project to last
8
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
Cardano and Bitcoin lack business-ready onboarding tools such as non custodial wallets, social logins and gasless transactions, leaving them behind ecosystems like Ethereum.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
Yes
Describe any dependencies or write 'No dependencies'
Our success depends on our network of collaborators who will integrate and adopt UTXOS. Since adoption is measured by active business use, their engagement is essential.
Will your project's outputs be fully open source?
No
License and Additional Information
All core building blocks of UTXOS are based on the open-source Mesh SDK. The UTXOS SDK will remain open source, while the commercial UTXOS code-base itself will not be open source.
Please choose the most relevant theme and tag related to the outcomes of your proposal
Infrastructure
Describe your established collaborations.
With Mesh, we have a strong and healthy ecosystem around us with which we regularly team up to join forces at dedicated proposals. For this proposal, direct collaboration with Dev Teams at Mercuryo and Checkpoint will help to ensure smooth and effective integrations to our proposal collaborators.
Furthermore, direct collaborations with other cardano dev projects will be enacted to enable additional developer capacity while direct collaboration with well experienced Business Developers helps us to bring UTXOS from code to client
Describe funding commitments.
We are fully committed to delivering UTXOS regardless of funding outcome. Catalyst funding accelerates our timeline and scope, but we are already investing significant internal resources, including developer time & our Ada funds into the initial build up of UTXOS.
External partners (Mercuryo and Checkpoint) are also engaged without any heavy costs. Their involvement reduces both technical and financial risk.
Describe your key performance metrics.
Our key metrics through which we will measure the proposal success are:
Number of clients using UTXOS
Range & diversity of clients using UTXOS
Development activity of the UTXOS github code base
Dependencies of the UTXOS SDK via nmpjs.com
All the measurements and metrics will be included on the Mesh Dashboard to provide public assessment of UTXOS usage and development data
Please describe your proposed solution and how it addresses the problem
Building on Cardano and Bitcoin today feels like Ethereum in 2016. Apps are coming, but the user experience is still broken. No social logins, no gasless transactions, and users drop off before onboarding.
On EVM chains, tools like Privy and Web3Auth solve this. On UTXO chains, no one is. That gap is our opportunity.
Mesh has long contributed to Cardano’s open-source ecosystem. Now we are channeling that expertise into UTXOS, an infrastructure platform that removes onboarding friction and grows DAUs. It enables businesses to scale apps without needing deep blockchain expertise.
This proposal funds the next stage of UTXOS: enhancing the platform and onboarding a first wave of clients, securing real-world usage and revenue, and taking a step toward long-term sustainability for Mesh.
To ensure a strong launch, we are teaming up with Mercuryo for fiat on/off-ramp integration and Checkpoint for security. Together, Mesh, Checkpoint, and Mercuryo bring the essentials for taking UTXOS from code to clients quickly and safely.
Checkpoint: https://www.checkpoint.com/
Mercuryo: https://mercuryo.io/
Furthermore we are running BD efforts with experienced Cardano advisors, ensuring client outreach while our developers stay focused on building.
Please define the positive impact your project will have on the wider Cardano community
At Mesh, the path from deployment to usage is short. Today, more than 900 projects rely on our tools, with over 120 already using the UTXOS SDK.
Our goal is to expand this base and convert Mesh users into UTXOS adopters.
Impact is twofold:
For projects, UTXOS enables Web2-like onboarding such as social logins and gasless flows that make apps frictionless for users.
For Mesh, UTXOS revenue builds sustainability, ensuring long-term support and growth of our Cardano developer contribution to consistently advance ecosystem tooling.
To track adoption, UTXOS usage data will be published on our public dashboard for transparent community insights. Current Mesh stats for context at: https://gov.meshjs.dev/mesh-stats
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
Mesh has been a longtime contributor to the cardano open source developer ecosystem. Our tools are widely used and we have proven our skills and commitment by building and maintaining essential tools which empower many to build on cardano since 2022. Over the time, by non-stop breathing and building Cardano, we have gained some finest expertise which makes it quite likely that we are able to validate and achieve our proposal objectives properly.
We have the technical expertise, ecosystem trust, and partner network to validate and deliver UTXOS. This proposal does not aim for instant massive returns, yet, to be a solid step toward recurring revenue and our sustainability within the Cardano ecosystem.
Milestone Title
Wallet as a service & Tx Sponsorship
Milestone Outputs
Wallet as a service:
integrate social logins
recoverable and exportable
white label solution
third-party auth support
Transaction sponsorship
SDK for transaction sponsorship
successful sponsored transactions with a few partners' transactions
Acceptance Criteria
.
Evidence of Completion
Features completed and available at utxos on mainnet
Public link to Twitter/X Post to inform the public
Delivery Month
2
Cost
145000
Progress
20 %
Milestone Title
Fiat on-ramp
Milestone Outputs
Provide UTXOS - Fiat on-ramp with Mercuryo
develop and deploy full integration with Mercuryo for on-ramp and KYC processes
Twitter thread ot inform the public on the successful milestone completion
Acceptance Criteria
Successfully completed integration with Mercuryo as on-ramp provider for UTXOS
Published Twitter thread ot inform the public on the successful milestone completion .
Evidence of Completion
Features completed and available at utxos on mainnet
Public link to Twitter/X Post to inform the public
Delivery Month
4
Cost
145000
Progress
40 %
Milestone Title
Web Security Provider
Milestone Outputs
Secure users wallets with web security provider
Enable all user wallets to be screened for attacks
Implement 2 way communication to get real-time threat intelligence with a web security provider
Twitter thread ot inform the public on the milestone completion
Acceptance Criteria
completed to secure user wallets with the web security Provider
completed wallet screening for attacks
completed 2-way communicator for real-time threat intelligence with the web security provider
Evidence of Completion
Features completed and available at utxos on mainnet
Public link to Twitter/X Post to inform the public
Delivery Month
6
Cost
145000
Progress
80 %
Milestone Title
Product Launch
Milestone Outputs
Product Launch
Launch UTXOS with at least 10 clients
Complete & launch the updated SDK for UTXOS
Complete & publish Docs for developers for UTXOS
Twitter thread ot inform the public on the milestone completion
Acceptance Criteria
Completed to launch the updated UTXOS SDK
Completed the creation of UTXOS Developer documentation.
Completed to launch UTXOS with at least 10 clients
Published a Twitter thread to inform the public
Evidence of Completion
Public link to UTXOS SDK
Public link to Docs
Public link to concise report on completed launch with at least 10 Clients
Public link to Twitter/X Post to inform the public
Delivery Month
7
Cost
45000
Progress
90 %
Milestone Title
Proposal close out
Milestone Outputs
Proposal Close out:
Acceptance Criteria
Complete and submit the official Close out Video
Complete and submit the official Close out Report
Publish a Twitter thread to inform the Public
Include UTXOS usage & metrics on Mesh Dashboard
Evidence of Completion
Public link to the Close Out Video
Public link to the Close Out Report
Public link to Twitter/X Post to inform the public
Public link to usage & metrics page on Mesh dashboard
Delivery Month
8
Cost
10000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
The budget breakdown, as already outlined in the proposal milestones consists of:
Milestone 1: Wallet as a service & Tx Sponsorship
Budget: 145,000.00 Ada
Milestone 2: Fiat on-ramp & KYC
Budget: 145,000.00 Ada
Milestone 3: Wallet Security
Budget: 145,000.00 Ada
Milestone 4: Product Launch
Budget: 45,000.00 Ada
Milestone 5: Close out
Budget: 10,000.00 Ada
For more details please check Milestones*
How does the cost of the project represent value for the Cardano ecosystem?
Our proposal budget represents strong value for Cardano, since UTXOS directly addresses several of the ecosystem’s most pressing adoption barriers like user onboarding, transaction volume and developer Experience
Instead of every project reinventing complex wallet and onboarding infrastructure, UTXOS delivers a shared solution. By leveraging Mesh’s existing adoption across more than 900 projects, UTXOS has a strong potential for solid reach and uptake.
The most important value yet, is definitely in the fact that the community encourages and empowers us and others to build products which help not only the ecosystem to grow, but also help us to become long-term sustainable. We really love to build on Cardano, but we can't expect to solely rely on grant funding as we and many other Cardano dev projects do. The ecosystem invests in us, and we want to prove that we are worth it.
Terms and Conditions:
Yes
Project Lead: Jingles
The initial founder and initiator of Mesh, a longterm Cardano Developer and contributor with a few excellent skills in building awesome stuff on cardano, to manage projects and teams and to ensure that objectives and deliverables are always met.
https://github.com/jinglescode
Proposal tasks will be distributed amongst well experienced Mesh contributors which will individually opt in/out at respective milestone tasks to ensure that we always have all capacities needed to achieve our deliverables. You can learn more about our contributors community at:
https://gov.meshjs.dev/contributors
Furthermore, direct collaborations with other cardano dev projects will be enacted to enable additional developer capacities.
Finally, direct collaboration with Dev Teams at Mercuryo and Checkpoint will help to ensure smooth and effective integrations to our proposal collaborators. Private telegram channels to coordinate worktasks between Mesh, Checkpoint & Mercuryo are already established.