metadata: {"type": "project", "title": "Seiyan Trading Bot", "logoImg": "bafkreihag3czgsef73urfldlx4fe36sk3ojjxmzpepukdwhpo2znllsnmq", "website": "https://seiyantoken.com", "bannerImg": "bafkreicppmz5lteps6g4vqsgqbx74asvkun3uu23y7oupmk7wyvgl4vioq", "createdAt": 1727863354846, "credentials": {}, "description": "We are seeking funding to upgrade our successful Telegram Trading Bot to support EVM compatibility, specifically to handle ERC20 tokens. This upgrade is crucial for the evolution of our platform and the expansion of our gaming content. \n\nHere's why this upgrade is essential and how we plan to leverage it:\n\nEVM Upgrade Necessity:\n\nThe shift from CW20 to ERC20 token support is vital as SEI transitioned from its Cosmos-based v1 to an EVM-compatible architecture. This upgrade will allow our application to stay current with SEI's ecosystem and open up new possibilities for our users.\n\nGrant Funding for ERC20 Development:\n\nThe transition to ERC20 support requires significant development efforts and resources. \n\nSpecifically, we need grant money to:\n\na) Redesign our backend infrastructure to interact with EVM-compatible smart contracts.\n\nb) Implement new APIs and SDKs necessary for ERC20 token interactions.\n\nc) Develop and rigorously test new trading functions specific to ERC20 tokens.\n\nd) Enhance our security measures to protect users interacting with ERC20 tokens.\n\ne) Create a seamless user experience that integrates both CW20 and ERC20 functionalities.\n\nf) Conduct thorough testing and auditing of the new ERC20 features to ensure reliability and security.\n\n\nThese development tasks require dedicated developer time, additional infrastructure, and potentially external audits, all of which the grant would help fund.\n\nEnhanced Gaming Experience:\n\nWith ERC20 token support, we can introduce exciting trading competitions focused on newly released memecoins. These competitions will track users' PnL (Profit and Loss) and trading volume directly through our Telegram Bot, creating an engaging and competitive environment for crypto enthusiasts.\n\nProven Track Record:\n\nOur team has already demonstrated its capability by successfully developing and launching the original Telegram Trading Bot for CW20 tokens. This existing platform serves as a solid foundation and proof of our ability to execute complex projects efficiently.\n\nCurrent Functionality:\n\nOur application currently allows users to trade CW20 tokens seamlessly through Telegram. It provides a user-friendly interface for executing trades, checking balances, and monitoring market trends.\n\nPlanned Enhancements:\n\nWith the EVM upgrade, we will implement:\nSupport for ERC20 token trading\nReal-time tracking of user performance in trading competitions\nLeaderboards and reward systems for top performers\nIntegration with popular ERC20-based memecoins and new token launches\n\nGaming Potential:\n\nBy combining our trading bot with gamified elements like competitions and leaderboards, we're creating a unique, fun, and educational platform for crypto traders. This blend of finance and gaming has the potential to attract a wide audience and foster a vibrant community.\n\nIn conclusion, our team has proven its ability to build and maintain a successful trading bot. The requested grant funding is crucial for us to effectively develop and implement ERC20 support, ensuring our platform remains at the forefront of SEI's ecosystem. \n\nWith the support of SEI Foundation and community members through grants, we can elevate this platform to new heights, creating an even more engaging and valuable tool for the SEI community.\n\nThis upgrade will not only keep us aligned with SEI's technological advancements but also allow us to offer a gamified trading experience that's both entertaining and practical.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "seiyantoken9000"}
name: Seiyan Trading Bot