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Author Topic: Our new idea for a crypto wallet  (Read 201 times)
necandiscovery (OP)
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March 27, 2019, 11:10:59 AM
 #1

Hello guys,

We are a team of devs who wants to bring a new, quality wallet to the crypto world.

Our product is a crypto wallet - Open-sourced upon launch. We have many ideas to make our wallet special, but the problem is: We like it but we fear you may not. We want the best experience for you when you choose what we make. That’s why we really need your help to know what you really want.


Here’s what we have in mind:

Feature 1: Pool Buying function: As we speak, there are ongoing private sales offering huge profit margin. Usually, normal users cannot join. We can create smart contracts for users to pool together and join these exclusive deals. https://imgur.com/JBqMeGX


Feature 2: Group investment: Request permission from your most trusted contacts, see how your friends’ money moving into/out of their wallets and let them see yours. As a team, have better buying/exiting decisions or discovery of potential new coins. https://imgur.com/yPZRgKD


Feature 3: P2P Trading market: We often find very potential new coins not yet listed on trusted exchange. However, we have to do a lot of KYC and place hard-earned money on new, strange exchanges, or just give up these tokens. We have support for the latest coins, and we can help you find the highest bidder for your tokens.  https://imgur.com/ipqZKHD


Feature 4: Crypto ‘Millionaire’ planner: We all want to be millionaires, but most of us lack discipline. Our wallet let you know how many BTC you should save every day to reach your goal or the moon. For example, you should buy 0.05 BTC each day, if you aim to 1 millions in 2021. https://imgur.com/0NpB9Cz


We only got resources for one feature in the first version. You pick it, we make it.

Of course, security is a must. We also offer support for 1000 coins & token, from BTC, ETH to Dogecoin, XLM, NEO. Our UI/UX designer team are something we are proud of as well.


Look forward to your comments and replies. Feel free to ask if you have any questions, I’ll try to answer them all the best I can.
necandiscovery (OP)
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March 27, 2019, 07:57:48 PM
 #2

Huge bump Sad
joniboini
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March 28, 2019, 02:06:28 PM
Merited by Husna QA (1), CryptopreneurBrainboss (1), Red-Apple (1)
 #3

Feature 1: Pool Buying function: As we speak, there are ongoing private sales offering huge profit margin. Usually, normal users cannot join. We can create smart contracts for users to pool together and join these exclusive deals. https://imgur.com/JBqMeGX

I believe we can do this already by participating in pools (ICOpools have a good list of running pool). Anyway, some ICO doesn't allow pool to join in due to KYC or legal stuff like that. On top of that, what's the advantage of using your service instead of participating in pools directly? You just provide an interface, but they can already participate in pool with existing wallet like MEW.

Feature 2: Group investment: Request permission from your most trusted contacts, see how your friends’ money moving into/out of their wallets and let them see yours. As a team, have better buying/exiting decisions or discovery of potential new coins. https://imgur.com/yPZRgKD

Personally I want to keep my private details only to myself. Even I don't want to let my friends know where I buy my snack or invest my money.

Feature 3: P2P Trading market: We often find very potential new coins not yet listed on trusted exchange. However, we have to do a lot of KYC and place hard-earned money on new, strange exchanges, or just give up these tokens. We have support for the latest coins, and we can help you find the highest bidder for your tokens.  https://imgur.com/ipqZKHD

You'll face a lot of competitors. What's your advantage over them?

Feature 4: Crypto ‘Millionaire’ planner: We all want to be millionaires, but most of us lack discipline. Our wallet let you know how many BTC you should save every day to reach your goal or the moon. For example, you should buy 0.05 BTC each day, if you aim to 1 millions in 2021. https://imgur.com/0NpB9Cz

Not really important, Calendar and some basic math can do this (or reminder). But not really bad either.

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Red-Apple
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March 30, 2019, 10:44:14 AM
 #4

this doesn't sound like a "wallet" to be honest so maybe it is best not to call it that and come up with a better descriptive name instead. and if it is truly a "wallet" you want to focus on then the 4 features you have listed here are not the appropriate ones to consider for a "wallet".

the main features i would be looking for in a wallet supporting multiple cryptocurrency are:
- the option to run it offline as a cold storage and be able to sign transactions and broadcast them on another machine online.
- the wallet has to be peer to peer instead of relying on a centralized server to get the transaction history, blockchain data,...
- of course security is obvious.

Feature 2: Group investment:

again we come back to the initial thing i said about "wallets". i personally consider this to be both a security and a privacy flaw in a "wallet" software. and it will probably open up attack surface.

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panpine
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March 31, 2019, 07:37:22 AM
 #5

I hope this will be a big change for the electronic money world. I found a good idea but it needed a high-class team to build and complete the project

slaman29
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March 31, 2019, 11:48:01 AM
 #6

Guys, sorry to break the news but for me a crypto wallet should only be used to store my assets safely, and perhaps at another layer, to exchange it easily back to other fiat. Crypto to crypto for me still better at an exchange, unless you do a DEX where I still keep my funds.

So basically, security is #1. Everything else is secondary. If I don't see security as the first priority, it's not a good wallet for me.

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sheenshane
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March 31, 2019, 02:57:53 PM
 #7

If you want your wallet to be different from the other wallets is that you have to make sure that the security is fully established. You have to convince your local government that your wallet is a great one to trust and that is really hard. In fin-technology, even though you can develop the greatest wallet, you have to make sure that you can avoid being stopped by the regulations because if they do, then you will fail.

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passwordnow
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March 31, 2019, 11:18:28 PM
 #8

With that feature 4, it's not really huge. It's more of a reminder and goal feature that's also popular on the playstore where you can install a planner that will help you remind you everyday on what you must do on a daily basis because of the achievement that you have set.

That feature 2, I don't get it why it should be a 'group investment'. We as crypto folks has the power and authority to hold our own finances in crypto's and there's no need for others validation if you want to see others crypto/cash flow.

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April 01, 2019, 09:15:25 AM
 #9

the most important thing in a digital wallet is:
security
Convenience
low fee
and can detect exchange markets in each stored token / coin

necandiscovery (OP)
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April 04, 2019, 06:39:28 AM
 #10

Feature 1: Pool Buying function: As we speak, there are ongoing private sales offering huge profit margin. Usually, normal users cannot join. We can create smart contracts for users to pool together and join these exclusive deals. https://imgur.com/JBqMeGX

I believe we can do this already by participating in pools (ICOpools have a good list of running pool). Anyway, some ICO doesn't allow pool to join in due to KYC or legal stuff like that. On top of that, what's the advantage of using your service instead of participating in pools directly? You just provide an interface, but they can already participate in pool with existing wallet like MEW.

Feature 2: Group investment: Request permission from your most trusted contacts, see how your friends’ money moving into/out of their wallets and let them see yours. As a team, have better buying/exiting decisions or discovery of potential new coins. https://imgur.com/yPZRgKD

Personally I want to keep my private details only to myself. Even I don't want to let my friends know where I buy my snack or invest my money.

Feature 3: P2P Trading market: We often find very potential new coins not yet listed on trusted exchange. However, we have to do a lot of KYC and place hard-earned money on new, strange exchanges, or just give up these tokens. We have support for the latest coins, and we can help you find the highest bidder for your tokens.  https://imgur.com/ipqZKHD

You'll face a lot of competitors. What's your advantage over them?

Feature 4: Crypto ‘Millionaire’ planner: We all want to be millionaires, but most of us lack discipline. Our wallet let you know how many BTC you should save every day to reach your goal or the moon. For example, you should buy 0.05 BTC each day, if you aim to 1 millions in 2021. https://imgur.com/0NpB9Cz

Not really important, Calendar and some basic math can do this (or reminder). But not really bad either.

I suppose it's a matter of doing the basic functions really well, then having these extra items would be an edge to an expected-to-be-good product. As for the group part, we understand that the main concern of people are privacy, but there are some others who would want to look to others for advice or follow their trade, a guy on our team be like that so we figure it could solve some pain points.
necandiscovery (OP)
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April 04, 2019, 06:43:00 AM
 #11

If you want your wallet to be different from the other wallets is that you have to make sure that the security is fully established. You have to convince your local government that your wallet is a great one to trust and that is really hard. In fin-technology, even though you can develop the greatest wallet, you have to make sure that you can avoid being stopped by the regulations because if they do, then you will fail.

This is a great idea, and well i think the step to be trusted by the government is to actually acquire users that care and use them on a regular basis. So the first step that we think about first is to ask our future users, then move on to the next item(s) on our list
necandiscovery (OP)
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April 04, 2019, 06:46:22 AM
 #12

Guys, sorry to break the news but for me a crypto wallet should only be used to store my assets safely, and perhaps at another layer, to exchange it easily back to other fiat. Crypto to crypto for me still better at an exchange, unless you do a DEX where I still keep my funds.

So basically, security is #1. Everything else is secondary. If I don't see security as the first priority, it's not a good wallet for me.

Of course that would be the main issue to solve. I dont think any of us would use anything less than secured. The problem we are solving by asking this survey is: If you are meet with 4 - 5 wallets that you feel have the same level of security, same level of viralness then what function would stand out as helpful to you? Of course we would appreciate any other comments or opinions that could improve the security as well
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April 20, 2019, 08:34:31 PM
 #13

and what is so "amazing" new about your ideas ?
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