Please describe your proposed solution.

Infinity Wallet is an all-in-one non-custodial wallet ecosystem and first standalone Web3 browser of its kind on desktop (“a Wallet and Web3 browser Super App”), launched in 2019, and supporting hundreds of thousands of users. Not a browser extension, but a complete standalone desktop application providing a one-stop solution for seamless access and usability of DeFi, NFTs and cross-border payments, with a gateway to the world of Web3/DApps via the first desktop Web3 browser and Dapp store. Fulfilling all a user’s decentralized needs in a single platform, while removing the complexities of decentralized finance and Web3, enabling economic freedom for everyone globally!

Infinity Wallet was created to finally enable mass adoption, as a single access point to the entire decentralized world. We have focused on providing the best possible user experience, to lower the barrier to entry and allow for streamlined and secure adoption of DeFi and Web3. Providing a world-class user experience with a seamless user interface, and a full spectrum of constantly growing in-wallet features and services as a one-stop hub. Making Infinity Wallet the complete solution for all crypto users’ needs, while making adoption and usage of cross-border payments, DeFi, NFTs and Web3 easier than ever before for mainstream adoption.

Infinity Wallet is not just a unique one-stop wallet built for the masses, it is also the first desktop platform to provide users with access to the entire Web3 and DApp space without needing a browser extension on desktop, with the first Web3 browser and DApp store on desktop as a standalone App. Finally removing the need to use unintuitive, unfriendly and feature-lacking browser extension wallets ever again! Providing a far superior, safer and more natural user experience, with a range of unique advantages for users, DApps, and chains alike, enabling easier usage and adoption of Web3!

Below are some of the many infrastructure and features/services of the Infinity Wallet:

1- Portfolio and Analytics Monitoring/Dashboard -

2- One-stop DeFi Wallet Solution with a strong focus on user experience -

3- Desktop Web3 Browser (One-click connect and transact with Web3 DApps, with utmost discoverability and use of a chains’ ecosystem) This removes the need for unfriendly and feature-lacking browser extensions to access Web3 and decentralized applications on desktop, while providing a standalone browser for web3!

4- Web3 DApp Store (Enables easier DApp & ecosystem discoverability, adoption and usage) -

5- Cross-chain swap & bridge (Swap/Bridge between multiple supported chains) -

6- In-wallet decentralized exchange aggregator -

7- NFT support and Gallery to manage (view, send and receive) and easily trade NFTs -

8- Fiat on/off Ramp (enabling easy and direct onboarding into crypto and supported chains) -

9- Complete Transaction History for all transaction types with DApp resolving and balance/performance tracking -

10- Custom Token Importing (Allowing any token to be imported on any supported chain) -

11- Live user and chain support, with a focus on delivering the best possible user experience to make onboarding for users as easy and seamless as possible

For a detailed look over our many other features/services and future development roadmap please see our information deck available at <https://infinitywallet.io/docs/Infinity%20Wallet%20Deck.pdf>

We also look to launch our highly anticipated mobile release later this year on Android and iOS, which any existing support for Cardano on Desktop will automatically be expanded to mobile on its launch at no cost as long as Cardano is supported on Desktop before the mobile release, a sneak peak can be found below.

How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Wallets are the core component required for any chain, enabling users to interact and onboard to Cardano, and access the Cardano ecosystem (Payments, DApps, DeFi, Web3, NFTs and much more). Making wallets the defining factor for usage and adoption of a chain and its entire ecosystem, however as of today wallets are one of the least well developed applications in the crypto ecosystem.

Today, wallets act mainly as an interface, serving primarily as a transaction signing layer, with very limited functionality or in-wallet features, requiring use of multiple platforms, and are generally lacking in basic UX, while providing very unprofessional, hard to use and aesthetically poor user interfaces, with most platforms built with a focus on developers rather than end users. This has been sufficient for the early adopters in crypto, however, for the next billion users to onboard, a more curated, frictionless and high quality user experience is required!

Desktop Web3 wallet options are limited in particular, delivering very little in terms of new innovation, or solving today’s issues, while requiring the user to install a browser extension, which is not the natural flow. Overall delivering an unintuitive and feature-lacking user experience, with limited or no native support for Cardano and its ecosystem/DApps, greatly restricting the possibility for discoverability and adoption.

For Cardano to compete and attract users and developers, it needs a one-stop wallet super app providing a seamless user experience, to enable users to onboard and adopt Cardano, and learn/discover the Cardano ecosystem as their home.

How do you intend to measure the success of your project?

The success of the Cardano grant proposal can be measured via:

1. The completion of the deliverables and integration;
2. Live launch of the Cardano deliverables and support within the Infinity Wallet to our hundreds of thousands of users, along with announcements and default native support of Cardano.
3. DApp integrations into the Infinity Wallet Web3 Browser & DApp store;

Please describe your plans to share the outputs and results of your project?

On completion and once pushed live, users will be able to download the Infinity Wallet for desktop (Windows, Mac and Linux) from the Infinity Wallet website. While existing users will be able to update the Infinity Wallet to access the Cardano developments and integration.

Additionally, we will share the developments/integration across our social channels, wallet announcements, create a custom webpage for Cardano on our website, establish ongoing partnerships and work with Cardano DApps on integrations into the Infinity Wallet and cross announcements/marketing.

What is your capability to deliver your project with high levels of trust and accountability?

As an already live and established platform innovating since 2019 and used by hundreds of thousands of users, we know exactly what will be needed to deliver the proposed deliverables. Additionally, our team has extensive experience from working on average 5-10+ years within the space, and we have also worked with multiple other chains on unique solutions over the years.

What are the main goals for the project and how will you validate if your approach is feasible?

This grant proposal is for the integration and developments needed to support Cardano in the Infinity Wallet. There are no feasibility issues as we have worked with many chains before to provide unique solutions.

Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1 (30 days) - Will consist of preparation/planning for the developments/integration, and the start of developments.

This milestone will consist of integrating the core of the Cardano chain to enable wallet usage of Cardano within the platform, it will also cover complete support for tokens and the ability to swap/bridge or buy/sell Cardano.

Milestone 2 (40 days) - Will consist of further development and preparation for live release.

This milestone will consist mostly of developing out additional features/services built on top of the core chain integration from milestone 1, such as Web3 Browser, DApp Store, NFT Gallery, WalletConnect and secondary wallet features, as well as the live launch.

Please describe the deliverables, outputs and intended outcomes of each milestone.

<u>Milestone 1 -</u>

1- Integrate core Cardano wallet functionalities to be able to interact with and utilize the Cardano chain (store, send, receive, create/restore, transaction history, balance tracking and other core Cardano functionality);

2- Integrate support for Cardano tokens, with the ability to import non-default supported tokens, enabling easy use of all tokens on Cardano within the Infinity Wallet and its features/services;

3- Portfolio dashboard support, with charts, price and historical tracking for Cardano and tokens;

4- Swap & Bridge support, enabling one-click swap/bridge from different chains and tokens to/from Cardano;

5- Buy/Sell support, enabling easy onboarding into the Cardano ecosystem from/to fiat currencies;

<u>Milestone 2 -</u>

1- Web3 Browser and connector integration, allowing for seamless transacting and connecting to Cardano Web3 projects and DApps, removing the need for browser extensions via the Web3 browser;

2- Web3 DApp store for Cardano projects, to allow for easy discoverability and adoption of Cardano ecosystem projects;

3- NFT support for Cardano, including NFT gallery to view all NFTs, individual NFT viewing with all NFT stats/information, ability to send/receive and easily buy/sell NFTs.

4- WalletConnect integration for Cardano;

5- Integration of Cardano into all secondary features (Address book, Payment requests, Market Stats/Alerts, Notifications, etc.).

6- Internal testing/auditing of the integrations and all developments;

7- Live release of Cardano integration, in-wallet release and notification, announcement across social channels, native default support in-wallet for every new user creating a wallet, custom website page, and start reaching out to Cardano DApp developers on integrating them into the Infinity Wallet Web3 Browser.

Please provide a detailed budget breakdown of the proposed work and resources.

The budget would be for the development work required, with an estimated 560 hours to complete the proposed deliverables/integration.

Total budget in ADA =

$115x560h = $64,400 / $0.29 (price of ADA) ≈ 220,000 ADA

Milestone 1 = 94,270 ADA

Milestone 2 = 125,730 ADA

The amount requested in the budget is only to complete the outlined deliverables and integration of Cardano. Other expenses and ongoing expenses (such as, integration of Cardano into future developments/features, ongoing operational costs, maintenance, Cardano ecosystem DApp support, etc.) would be covered at our own expense.

Who is in the project team and what are their roles?

The Infinity Wallet team and project was founded in 2019. Since inception we have continued to operate as a free to use platform that is completely self-funded, without ever raising investment.

Our team has individually between 5-10 years of experience within the space (as investors, miners, and developers), and has gained a vast amount of understanding, knowledge, and experience. This has enabled us to comprehend the major crypto market shortcomings, along with what is lacking and needed in the space. Additionally, we have a general background in software development and UI/UX with between 5-15+ years experience.

Information on the core/founding team members, roles and descriptions can be found at the following link https://docs.google.com/document/d/1c4fpyzI64569uNr8l9Ygo_G3x2NTs_Dq8wRGSnOXH14/edit?usp=sharing

How does the cost of the project represent value for money for the Cardano ecosystem?

The grant amount requested is to cover the outlined deliverables that would be developed to complete the integration and support of Cardano in the Infinity Wallet & Web3 Browser, bringing new value to Cardano and the Cardano ecosystem. Cardano would not only benefit from the enhanced user experience, new feature integrations, but from being a part of our ecosystem of multi-chain DeFi and Web3 users. Additionally, we would cover at our expense and Cardano would gain for free:

• Access to and adoption via current and future Infinity Wallet users, driving growth and further usage of Cardano;

• We will cover ongoing expenses and maintenance requirements for integrating and supporting Cardano;

• Provide ongoing development support for Cardano within the Infinity Wallet into future features/services on a case by case basis, including our Mobile release later this year for Android and iOS (our current public roadmap can be found on page 27 here <https://infinitywallet.io/docs/Infinity%20Wallet%20Deck.pdf>);

• Collaborate and integrate Cardano developers' DApps with direct support for their projects within the Infinity Web3 Browser and DApp store for free, to help drive ecosystem adoption and usage (waiving any integration fee for Cardano DApps in an effort to drive growth and adoption within the Cardano ecosystem);