Thrift Mobile Wallet

Why build a solution around savings?

Saving is synonymous with foresight. Its importance lies in the possibility of having money for emergencies or unforeseen expenses that may arise in the future, it represents a surplus in the future. There will be good and bad times, that is why saving is vital to have a healthy economy throughout life.

savings = income - expenses.

Use Cases

1. Funds management. Receipt, hold and withdrawal Ada, native tokens and NFTs.

2. Staking functionality.

3. Provide personal analysis to drive savings and financial health.

  3.1 Manage savings and spending goals. Request goals awards as NFT.

  3.2 Stable currency integration.

Detailed solution:

Wallet+Savings

Develop an easy-to-use multi-device mobile wallet to drive the adoption of Cardano through financial savings and defi services laying the foundation for interaction with decentralized savings systems and open finance. We will implement a smart financial savings assistant to help, motivate and propose suggestions and alternatives to encourage savings through Cardano, informing about the financial health of your accounts by analyzing income and expenses.

The MVP Roadmap

Phase 0 / 4 months - Start Mobile Wallet development:

A. Start developing the light wallet as a mobile app.

  1. Use React-Native + Typescript.

  2. Design UI/UX.

  3. Redux for state management in the views.

  4. Multi-platform support. Android, iOS.

  5. Data persistence, cache, and configuration.

  6. Multi-lingual support.

B. Start landing page.

  1. Reactjs.

  2. Server configuration and web deployment. IPFS.

  3. Setup domain/web certificate with Let's Encrypt & certbot.

Phase 1 / 2 months - Basic Wallet features and Alonzo support:

A. Continue developing the mobile wallet.

  1. Basic account features (Byron-Shelley-Alonzo).

    1.1 Creation, restoration, modification and deletion accounts.

    1.2 Send, receive and show transactions.

    1.3 Native tokens support. Send, receive and show tokens.

Phase 2 / 1 months- MVP Working Product:

A. Continue developing the mobile wallet.

  1. First saving analytics.

  1. Wallet tutorials, 'How to install', 'How to use'.

C. Community:

  1. Open public channels.

Blocking problem and evidences:

All the proposed objectives are technically possible, so there are no problems blocking the development.

Future plans(not covered in this proposal):

Integrate the Dapp Connector for interacting with the Crowd-Staking mechanism.

Design and implementation of a financial health qualification system, which helps to better understand the personalized situation of each user.

Wallet Inheritance. Property rights transfer mechanism. Account recovery.

Atala Prism Identities. The development and integration timings of identity management with Atala Prism depends on the completion of the stable version of the Typescript framework, which is currently in a non-stable beta version.

KPIs:

• Complete data encryption and persistence.
• Creation/updating/deleting accounts.
• End2End 'Send' simple transaction(Just ada).
• Show transaction details(confirmed and pending).
• End2End 'Send' transaction with metadata.
• End2End 'Send' transaction with native tokens.
• Number github commits.
• Number of downloads, Android/iOS.

Tracking:

Tracking of project progress and KPIs will be publicly reported every two weeks to Catalyst organizers and the rest of the community through our social media channels.

The Team:

Project Manager & Growth Hacker: Odosu Josiah is an active member of the Cardano community, Plutus Pioneer, Founder of Thrift.finance, founder of two businesses on ground in Nigeria focused in bridging IT and e-commerce gaps for local businesses with previous experience in the banking sector (GTBank).

https://www.linkedin.com/in/cjosiah/

Wallet Developer: Jaime Caso Onzain is the founder of C64 Wallet, Cardano ambassador, Cardano stake pool operator (BOOST), full-stack developer, Emurgo Academy alumni, genesis founding member & tester for Mina protocol and a wallet integration developer at Ardana.

https://www.linkedin.com/in/jaime-caso/

Financial Analyst: Loveth Chukwu is a Finance Executive. MBA Fintech. She is the co-founder, Morgate Financial Services, a firm that provides accounting, audit and consulting services to business owners in Nigeria. She is the convener, Morgate Tax boot Camp; an organization that brings together business owners to get awareness and knowledge about accounting, tax and investments annually.

https://www.linkedin.com/in/lovethchukwu/

Desired outcome:

Mobile wallet: Full Stack Developers = 10 080 USD

Landing page: Front End Developers = 1 020 USD

Design: UI/UX Designer = 2720 USD

Project Manager: 2 600 USD

-> Total: 16 420 USD