This Hive service development and financial expansion proposal is being made in partnership with and on behalf of Zypto (@zypto) by @crimsonclad.
Zypto is your all-in-one crypto wallet app and crypto payment gateway – built for life, business, and everything in between.
We’re so pleased to introduce you to their team and services on the @zypto account! I've been working with the Zypto crew over the past few weeks to help them understand the great fit between their products and goals and Hive's incredible users and ideological foundation. This is an integration that creates an awesome match between a mix of super useful services and a passionate community looking for as many options to use their permissionless digital funds and rights as possible. Please get to know the Zypto crew (leave them comments or feel free to ask questions here on the proposal), give them a follow on @zypto as we work together to build out a social community here on the chain, and then continue onward to review this upcoming proposal for details on integration work to bring HIVE and HBD to Zypto’s full service suite of financial and crypto tools.
🟩 Principals
● Organization: Zypto
● Official Hive Accounts: @zypto @zyptopay @zyptoapp
● Zypto Co-Founders: Joe Parkin & Zyptologist
● Funding Recipient Account/App Integration: @zyptoapp
● Communications Account: @zypto
🟩 Integration Proposal Overview
To continue expanding Hive’s reach in the global payment arena, the financial options that are opened up by integration with Zypto are a huge step forward in creating more avenues for Hive users to both accumulate and use their assets in new ways. Direct fund management for buying, selling and swapping; a range of both virtual and physical prepaid crypto cards in reloadable and non-reloadable options, each with different KYC requirements; direct bill payment in 10 countries, including recurring options; and continued Hive expansion for upcoming Zypto products in the future. With the implementation of Hive, Zypto will work to build a decentralized custodial system so that HIVE and HBD can be accepted as a payment method across the entire Zypto product suite including Reloadable Cards, Prepaid Cards, Bill Payments, and much more.
This proposal will cover full $HIVE and $HBD integrations to the Zypto Crypto Wallet App, Zypto Payment Gateway, and Zypto Card and Product Markets. As Zypto expands their offerings, the Hive ecosystem will grow alongside them. We’ll be exploring more social and technical integrations as well as co-marketing activations across various social media.
🟩 Budget & Roadmap Overview
Rough roadmapping is approximately 6 weeks, subject to change as building and testing are completed, with two engineers assigned to the integration. The proposal payout period is set to span the course of 4 weeks, with funding to begin starting on June 23rd, 2025 if passed.
- Creating the backend infrastructure required to connect to the necessary RPCs to receive blockchain data for app usage.
- Implementing the necessary functionality on the frontend side to interact with the blockchain which will include the preliminary features:
- Send
- Receive
- Swap
- Buy (Selling potentially possible before or after integration completion, based on partner provider activity)
- Build out a custodial service on the Zypto merchant side to allow for the usage of $HIVE / $HBD to: purchase and load Zypto VISA Card, pay bills, purchase prepaid cards, purchase vault key cards, and more products down the line
- Internal QA, Internal Acceptance, External Beta Testing Go-Live & Marketing
🟩 Total Budget Requested: $20,000 HBD
Funds will cover scoping and work to add Hive’s unique L1 to Zypto’s crypto services, with a portion of the funds being powered up to Zypto’s exchange accounts to allow for unlimited transaction coverage as well as social rewarding power. The budget requested not only includes the integration of HIVE/HBD, but also includes the required funding to upkeep the integration moving forward. After the funding is complete, Zypto will take on the financial burden of keeping the Hive integration functional.
Transparency updates at completion of each stage of the roadmap will be posted to the @zypto account as the disbursement period continues.