Please describe your proposed solution.
Members of The Ape Society DAO and the founding team (Ape Force One) have done extensive work throughout the last year and a half onboarding users onto the Cardano blockchain. In almost every instance, the first question is: What is the best wallet to use? In these situations, the community names many different wallets, but each has significant drawbacks whether it’s speed, UI, inefficient UTXO-management, ease of use, etc. Many of the new members eventually leave or become frustrated as the wallet experience comes nowhere close to matching what they’ve experienced on other chains. There are very limited mobile options, and each choice results in the user sacrificing something else.
After gaining experience fielding many of these issues through products and services built by our team on Cardano, Ape Force One is uniquely equipped to tackle this issue. The team has extensive UX experience, quality developers, designers, and a community of the most impassioned NFT and DeFi enthusiasts on the chain.
In collaboration, The Ape Society DAO and Ape Force One will create a light wallet that’s perfect for the next wave of retail. A few of the important features will include:
- Mandated Single Address Use w/ the ability to condense from other wallets
- Smooth Fungible Token & NFT Browsing - Once holding more than a few NFTs, current wallets become bogged down and images are slow to load. In addition, it’s extremely difficult to manage one’s portfolio
- Easy Staking
- Built in/Invisible UTXO management - Many errors occur in wallets because of UTXO issues. As users operate their wallet, we’ll resolve their UTXO issues within their transfers and transactions
- Mobile & Web Apps
- First Class Branding uniquely created for this product
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
This solution would bring a free first class wallet to the ecosystem, providing additional value to every single application on-chain. It will onboard tens of thousands of users from other chains. As it stands, The Ape Society is the most recognizable Cardano brand by non-Cardano users, many will give the chain a chance when learning we’ve built a wallet. As the top NFT project, we are confident that we will be the highest used wallet on the chain, and one that not only brings in users, but also retains them.
How do you intend to measure the success of your project?
We aim for a 4.5+ star rating review on the Extensions store & mobile stores as well as being the top downloaded wallet on Cardano. Users will join our community and experience a wallet that’s just as good, if not better, than other chains.
Please describe your plans to share the outputs and results of your project?
Updates on our project will be shared on our social media pages, cross-chain spaces and within our highly active Discord community. We will collaborate with the DAO for testing which includes some of the most active NFT & DeFi super users on Cardano, many of which have thousands of different tokens to transact with and will provide daily feedback/testing of the product. We will be able to test the wallet within our own dApps as well as the dApps of our close partners.