metadata: {"signature": "0x41be662b1116676831511c4d4cdad1244fd38eed81563da7ac633e06ae59df42733ded62c79b3b98cfd29adc26d055bc4f9913b8e2a81a9bbfdf3b02918d87d31b", "application": {"round": "0xdd906d46876ec8a10e4cf80fb5c4992091e87e46", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "FS40z2RIjhcIR5Mjh6ykx/rcGzXi1cjqIjHYNnEWGIjm9sxPk2AMv7Hnqfvh4T1w", "encryptedSymmetricKey": "f099af47f354bf6133e048bcc85b79d82cc47ea669dfda87c0de4488380b3d45ddd9f5a261ab6406d07a68984b776405deed1d9095069a9573a7b85d8108a5f1e5d683863859af3629d5a7e3aaeb418fd91c0fcff6e0c363b005934162faf5b14e93c809194a54d49e7bd002db4805dad9031feef2b16662cb91f83a600f64300000000000000020fa8ffdaa01dbc67b5680ad0eebdb89ac700486ddaeb0b78e4def609eb247f7460df2b875e71a2c3c70706932628acba2"}}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Please confirm the Payment Wallet you have provided is on Polygon PoS and can accept MATIC", "questionId": 1}, {"type": "paragraph", "answer": "It\u2019s obvious that onchain social payment\u2019s growth requires an crypto-native and one-stop platform that can satisfy users\u2019 growing demand surrounding their social graph.\u00a0\n\nThe team also discovered some opportunities during the development process. With the rapid development of Web3 Social Platform, more and more crypto users choose to join decentralized social platforms. Take Farcaster as an example, as of April 2024, its active users have reached 313,647, the Daily Active Users (DAU) has exceeded 50,000, the average reactions have broken through 500,000 times, and the growth rate remains high.  Current market-related products cannot effectively meet the needs of a large number of native Web3 social payment scenarios. At the same time, Web3 social media platforms also need more suitable payment tools to help them precipitate more value. Let\u2019s imagine the following scenarios:\n\n- An individual developer initiates a crowdfunding event on Web3 social media to raise funds to start a Memecoin project and allocate corresponding tokens to participants.\n    \n- A well-known journalist has been voicing support for FTX\u2019s losers on Web3 social media, hoping to receive donations from others.\n    \n- An NFT project creator wants to increase its exposure on Web3 social media, so it launches a lottery event to attract user attention or likes.\n    \n- A user hopes to play bets with friends on Web3 social media whether the Ethereum ETF can be passed, and attract everyone\u2019s attention.\n    \n- An investor has made a lot of money through a trader who shares investment strategies on Web3 social media and hopes to tip the trader to express his gratitude directly into the traders' soical account.\n    \n- A researcher hopes to share his research report on Web3 social media and turn the content into paid viewing to make money.\n    \n- ......\n\nTo be simple, HelloPay is a general-purpose & One-stop payment tool  that can be used for a wide variety of payment demends surrounding soical graphics. It almost covering all social payment scenarios within the Farcaster Frames, Point-to-Point, One-to-Many & Many-to-One and, Many-to-Many payment. Uses can complete payment surrounding social graphic via HelloPay in many ways using $eth, $Poly and many other tokens without leaving farcaster.", "hidden": true, "question": "Explain your project's consumer-centric approach and how it innovatively uses Farcaster Frames to enhance user experience", "questionId": 2}, {"type": "paragraph", "answer": "It\u2019s obvious that onchain social payment\u2019s growth requires an crypto-native and one-stop platform that can satisfy users\u2019 growing demand surrounding their social graph.\u00a0\n\nThe team also discovered some opportunities during the development process. With the rapid development of Web3 Social Platform, more and more crypto users choose to join decentralized social platforms. Take Farcaster as an example, as of April 2024, its active users have reached 313,647, the Daily Active Users (DAU) has exceeded 50,000, the average reactions have broken through 500,000 times, and the growth rate remains high.  Current market-related products cannot effectively meet the needs of a large number of native Web3 social payment scenarios. At the same time, Web3 social media platforms also need more suitable payment tools to help them precipitate more value. Let\u2019s imagine the following scenarios:\n\n- An individual developer initiates a crowdfunding event on Web3 social media to raise funds to start a Memecoin project and allocate corresponding tokens to participants.\n    \n- A well-known journalist has been voicing support for FTX\u2019s losers on Web3 social media, hoping to receive donations from others.\n    \n- An NFT project creator wants to increase its exposure on Web3 social media, so it launches a lottery event to attract user attention or likes.\n    \n- A user hopes to play bets with friends on Web3 social media whether the Ethereum ETF can be passed, and attract everyone\u2019s attention.\n    \n- An investor has made a lot of money through a trader who shares investment strategies on Web3 social media and hopes to tip the trader to express his gratitude directly into the traders' soical account.\n    \n- A researcher hopes to share his research report on Web3 social media and turn the content into paid viewing to make money.\n    \n- ......\n\nHence, it's obvious that onchain soical payment's growth reuqires an crypto-native and one-stop platform that can satisfy users' growing demand surrounding their social graph.", "hidden": true, "question": "Describe how your project uses Farcaster Frames in a novel or unique way to solve a consumer problem or create new opportunities.", "questionId": 3}, {"type": "paragraph", "answer": "Technically speaking, all product functions of HelloPay are implemented based on the smart contract of polygon pos evm. It can be self-driven and run without relying on additional third-party components of web2. All transfers and data history are queried on the chain through the block browser.", "hidden": true, "question": "Describe how your project functions independently on Polygon PoS", "questionId": 4}, {"type": "multiple-choice", "answer": "Other", "hidden": true, "question": "Select from the provided categories or specify other if none of these are applicable", "questionId": 5}, {"type": "paragraph", "answer": "The team has 6 members, we\u2019ve been focusing on crypto since 2018. I am proud to say that each team member is a one-man army and fully equipped with expertise and experience, such as senior solidity developer, tokenomic designer and AMM algorithm engineers.\n\nI've been involved in the crypto space since 2019 and mainly work as a blockchain analyst and quantitative researcher Venture Capital and for 5 years.\n\n\n2020   Co-founder  ( Build Projects, NFT Fragmentaion Tools, Algorithimic Stablecoin, Longtail Asset Lending  )    Zerosquared  Labs \n   \n2022 - Present  Intswap  CEO\n\n\nCTO is a senior full stack engineer and Dapp Architect, proficient in different software languages, solidity, python, Java,React.js, Next.js, TypeScript, Tailwind, Redux and dev tools as well. Passionate about crypto and DApps, transitioning into Web3 development.\n\n\n2020   Co-founder  ( Build Projects, NFT Fragmentaion Tools, Algorithimic Stablecoin, Longtail Asset Lending  )    Zerosquared  Labs \n   \n2022 - Present  Intswap  CTO \n\nProduct Manager who has been working in the Web3 space for over 5 years now. Built and launched both DeFi and NFT products, former KuCoin Employee . Write smart contracts and like to build with web3 technologies.\n\n\n2020   Co-founder  ( Build Projects, NFT Fragmentaion Tools, Algorithimic Stablecoin, Longtail Asset Lending  )    Zerosquared  Labs \n   \n2022 - Present  Intswap  COO\n", "hidden": true, "question": "Describe your team's relevant expertise in developing in Web3 and (if applicable) with Farcaster Frames.", "questionId": 6}, {"type": "paragraph", "answer": "We need $30 K to complete MVP V1 and conduct early stage go-to-market startegy to make a successful launch \n\nKey progress we can make is to deliver HelloPay product MVP with v 1.0 functions supporting within 1 months and our market campaign is ready to attract seed users.", "hidden": true, "question": "Please provide key milestones with budget for integrating Farcaster Frames and developing your application. You can link to a spreadsheet outlining this information.", "questionId": 7}, {"type": "paragraph", "answer": "From the launch of the product, HelloPay is a payment tool based on social graph. In the early stage, we will use the unique features of Polygon Pos to encourage users to use HelloPay to try out the product and open up various payment scenarios to cultivate user habits. For example, in our launch plan, we plan to use gamefi's operating activities to stimulate users to try poly's major #meme tokens for social payment competitions. The winners can get $poly, which can maximize the capture of users' attention and increase users' understanding and adoption of the Polygon ecosystem. \nCurrently, Now Hellopay support Gift giving and soical payment surrounding farcaster via [@0xpolygon](https://warpcast.com/0xpolygon), e.g, $Polydoge, $bonk, $raoicoin $bonsai. ", "hidden": true, "question": "What is your plan for driving user adoption of your application", "questionId": 8}, {"type": "paragraph", "answer": "https://youtu.be/WxA8blcD4SM \nPlease see our demo video, our major products functions are onchain actions, make payment, gift tokens to friend, claim free tokens from projects, and complete onchain tasks to earn $Poly token. Imagine users are allowed to claim airdrop from frame everyday, while everyone is able to sending and distribute token with friends using frame on Polygon in very low cost while gain more exposure and attentions from community. All these major actions are all happened on Polygon Pos chain, which will greatly increase DAA and transactions. The estimante trasnaction volume would be between 5k~100k time/person  if HelloPay get selected and get more exposure. The more exposure HelloPay get, the bigger transaction volume will be ", "hidden": true, "question": "Describe how your project will increase DAA and transaction volume on Polygon PoS.  Provide estimates on the expected volumes over the next 60 days.", "questionId": 9}, {"type": "paragraph", "answer": "We are at the early stage, for the time being, we are working our best to reach out and grow oursevles while keep building Products.", "hidden": true, "question": "If applicable, describe any existing user base, partnerships, or traction your project has achieved. Include metrics if available.", "questionId": 10}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Do you understand and agree to complete Gitcoin's KYC process before processing payments?  All grantees receiving more than $15K will be required to complete KYC/KYB.", "questionId": 11}], "project": {"id": "0x02db9ec3e78a77bb9d18e14c16ad6819bc54cda633177d841c33292dba7a1bac", "title": "HelloPay", "logoImg": "bafkreichdbjinkvbc7bjudhdl3ygffgd2vddkopoka6q4v2rm67ugornau", "metaPtr": {"pointer": "bafkreibhqja4z6xzajrpfrxm5j2fmsucntqtsx52l5xuxaullttpgu3fxy", "protocol": "undefined"}, "website": "https://hellopay.xyz/", "bannerImg": "bafkreifqohsb72daffcolhoqrp4lnb4yfi3zp7netbyjgbqhuf6ex4i5z4", "createdAt": 1725256897456, "credentials": {}, "description": "## Project Vision\n\n  \nHelloPay is an Universal Decentralized Social Payment Platform, designed to redefine web3 social connections by its seamless and frictionless crypto-native onchain payment experience.\u00a0\u00a0\n\n\n## Project Positioning\n\nIt's like a combination of Venmo, CashAPP, WechatPay and Crypto Wallet like Metamask, but with crypto currency like $USDC, $ETH, $Degen, $Poly etc., as assets and currency. The trustless and open and transparent payment process is ensured through smart contracts on the chain, and multiple Web3 social media platforms are integrated to achieve a one-stop onchain social payment platform. \n\n## HelloPay: Covering all social payment scenarios\n\nHelloPay is a general-purpose protocol that can be used for a wide variety of payment applications, some use cases are more popular than others. HelloPay will cover the three types of payment for social purposes: Point-to-Point, One-to-Many & Many-to-One and, Many-to-Many.\n\n\n## Core Features\n\n1\ufe0f\u20e3Trustless and transparent Onchain Payment secured by Smart Contract\n\n2\ufe0f\u20e3Multiple Time-based Vesting Payment Supported\u00a0\n\n3\ufe0f\u20e3Evm-based and all crypto-currency supported\n\n4\ufe0f\u20e3Diversified Onchain Payment Scenarios Surrounding Social Connections\n\n## Use Cases\n\n\nHelloPay will focus on social payment scenarios and launch a series of modular functions to meet users\u2019 social payment needs surrounding social graphs and redefine social connection in web3. The decentralized payment scenario includes almost overall payment needs, such as tips, crowdfunding, donations, draws, contests, paid subscriptions, etc.\n\n- Tipping\u00a0 Followers\u00a0\n    \n- Game Betting\u00a0\u00a0\n    \n- Direct Social Media Giveaway to get more exposure\n    \n- DAO PayRoll\u00a0\n\n## Useful Links\u00a0\n\nWebsite: https://hellopay.xyz/\n\nFarcaster: [https://warpcast.com/hellopay](https://warpcast.com/hellopay)\n\nX: [https://x.com/Hellopay_xyz](https://x.com/Hellopay_xyz)\n\nHub: https://linktr.ee/Hello_Pay\n\nDemo Video : [https://youtu.be/WxA8blcD4SM](https://youtu.be/WxA8blcD4SM)**", "lastUpdated": 0, "projectTwitter": "Hellopay_xyz"}, "recipient": "0x1254124D81de4f15DC08b004E77baBa0b164E0D9"}}