Naki Wallet Fundraising Summary
What We've Built So Far
Our team has developed a fully functional MVP of Naki Wallet that demonstrates our core value proposition: making cryptocurrency transactions as user-friendly as traditional payment apps. We've created:
- A complete mobile wallet application with seamless user authentication
- Peer-to-peer USDC payments
- Multiple funding options (debit cards, bank transfers, PayPal, cryptocurrency)
- Social features for connecting with friends and viewing transaction history
- QR code and NFC payment capabilities
- Secure wallet creation and management via Privy SDK
- Base Testnet integration (ready for mainnet deployment)
Funding Allocation
The $350,000 we're raising will be allocated as follows:
Product Development ($350,000)
- • Expand engineering team (3 additional developers)
- • Mainnet launch and security audits
- • Multi-chain support beyond Base (Ethereum, Optimism, Arbitrum)
- • Stellar integration for USDC payments
- • SINPE Móvil integration for Costa Rica on/off ramps
- • MoneyGram/Stellar USDC on/off ramp integration
- • Advanced security features (transaction limits, multi-sig support)
Business Model
Primary Revenue Streams
- Transaction fees: 0.5% on P2P transfers above $200, generating estimated revenue of $1-2 per monthly active user
- Fiat-to-crypto conversion margin: 1% spread on USDC purchases/sales, representing $2-3 for every $300 in conversions
- Premium subscription: $4.99 monthly plan offering benefits such as fee-free transactions, advanced analytics, and priority support
Phased Monetization Strategy
- Initial Phase (1-12 months): Focus on user acquisition with no fees, establishing user base and transaction volume
- Monetization Phase (12-24 months): Gradual introduction of fees and launch of premium tier
- Expansion Phase (24+ months): Diversification with additional financial services and merchant partnerships
Product Roadmap
Q2 2025 (Months 1-3)
- • Company incorporation and legal structure setup
- • Mainnet launch on Base
- • Multi-chain support expansion
- • Enhanced security features
- • Merchant payment integrations
Q3 2025 (Months 4-6)
- • Launch referral program
- • Stellar USDC integration for faster, lower-cost transactions
- • SINPE Móvil integration for Costa Rican market
- • MoneyGram integration for global cash-to-crypto access points
- • Implement recurring payments
- • Release web application
Q4 2025 (Months 7-9)
- • Introduce yield-generating features
- • Add cross-chain swaps
- • Expand merchant partnership network
- • Implement advanced analytics for users
Q1 2026 (Months 10-12)
- • Launch corporate accounts
- • Expand local payment integrations to other Central American countries
- • Implement group payment splitting
- • Develop direct banking integrations
- • Release desktop application
Funding Details
Previous Funding
$0 (This is our first funding round)
Current Round Target
$350,000 in pre-seed funding
Valuation cap: $7.5M
Our Vision
Our team is positioned to capitalize on the growing demand for user-friendly crypto payment solutions. With Naki Wallet, we're bringing the simplicity of traditional payment apps to cryptocurrency transactions, making digital assets accessible to everyday users. By integrating Stellar USDC support, local payment systems like SINPE Móvil in Costa Rica, and global services like MoneyGram's Stellar USDC integration, we'll offer users efficient and cost-effective transactions with seamless on/off ramps that connect traditional banking and cash access points with blockchain technologies worldwide.
Support Our Project
If you believe in our vision but aren't ready for a full investment, you can still support Naki Wallet's development through donations.
USDC on Stellar
Send USDC directly to our Stellar wallet address. Fast, secure, and low fees.
GAMNA2Q6NTZSUBLMEXLTIXYORE7OXJJBMEGIX7T2OXDAKIA7CCKN4RJV
Memo (required): 584115363
Bitcoin
Support us with Bitcoin, the original cryptocurrency. Secure and globally recognized.
bc1qeqg89cvxfamky674578yfseljwsxeajd5ka4ry
Ethereum
Donate with Ethereum, the leading smart contract platform. Support our development efforts.
0xAC2e22B5a99F0123319644A9bF0DF4FD72c9b001
Starknet
Support us with Starknet, the Ethereum Layer 2 scaling solution with low fees and high throughput.
0x03442ca9779411e4ca0e12f8fc53b80a893289509e9672f7d009386a3fd98e85
Why Donate?
Your donations help us accelerate development, improve our infrastructure, and bring Naki Wallet to more users across Latin America. Every contribution, no matter how small, makes a difference in our mission to democratize access to cryptocurrency payments.