X-Mobile app for Nuls payments

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X-Mobile app for Nuls payments

xavi

Hello nulsers!!

First of all, thank you very much for voting me as one of the top 5 Nuls community contributors 2018 Q4!!

Some of you already know me, but for those who don't:

I am from Barcelona
I am admin and creator of the Nuls spanish telegram chat
I have a youtube channel (Mclerotv) where I interviewed Isaac Kim months ago, and I use to create content for Nuls in spanish.
I published and translated Nuls articles for spanish crypto media like Diaripcripto.

But I started this discussion to share a project I am working with.

PROJECT
We are developing a mobile app for crypto payments. Our goal is to let users pay with cryptocurrencies everywhere using NFC/contactless tech. Forget cards, mobile payments are the next step.
The mvp will be ready in 3 weeks and it has only Bitcoin. However, as I am very close to the Nuls project, I want Nuls to be also involved.

We are planing to add a rewards plan, and we want the rewards to be in Nuls:
- 1st stage: registration and referrals
- 2nd stage: merchant recurrence reward to encourage users to spend cryptos

With all these features, the app becomes a strong Nuls promoter and community maker.

TEAM
The team has some of the best blockchain devs in Spain (you can search for Grupo Nakima) and If necessary I can provide Linkedin profiles. We are based in Barcelona.

WHAT WE NEED?
Based on the cost of implementing Bitcoin's blockchain, we managed to calculate the cost of implementing Nuls blockchain.
We need 4.000€ (aprox $4.500) for a 3 weeks work. (Actually 10975 nuls)
We are looking for a full or partial community funding to start the implementation.

WHAT WE INCLUDE?
- Media promotion.
- Crypto media promotion.
- Necessary nuls for rewards.
- More members for the Nuls community (mainly Spanish speakers).
- Presentation events in Barcelona, Valencia and Madrid.
- Nuls Promotion at the MWC2019 and 4YFN taking place in Barcelona (25-28 feb).

Feel free to ask more info.

Thank you!

PennyPi

xavi What portion of the 4500$ will be used for the rewards plan? Is the app open-sourced? If not, will NULS receive the source code?

liesa

Dear Xavi, can you guess how could this project be benefit for the whole NULS project? And give more details of the plan to the community?

xavi

liesa Yes, of course.

So answering both, Liesa and Aurora:

1st stage
Users downloading the app, will get n Nuls to invite friends (referrals, like in Coinbase). How this benefit Nuls?
- More users get to know Nuls.
- More users will have Nuls.
- Community increase and distribution.
- Number of Nuls transactions Increased.
- Media and companies attention.

The promotion of the app is included in the project, as it is necessary to get more users, promoting the app, we also promote Nuls.
I want to make you two questions: How many people know the Nuls project? How many people could have known Nuls if it was used as a reward in Jaxx when the app was launched? I can't answer the first one, but I can tell you the second answer: 500.000 to 1M users.

Users who already have Nuls, can use the app to make payments and to hold their Nuls. Users who don't have or know about Nuls, will.

2nd stage
Merchant recurrence reward to encourage users to spend cryptos. Users paying with cryptos (all available on app) will get Nuls as rewards for recurrence. Nuls will work as a loyalty coin. For example, a user buying 3 times in the same store in one week, will get Nuls as a reward after the third payment is done. Merchants becoming partners of the project will pay to be in the loyalty program, with these payments, Nuls will be bought and rewarded to the users. Through the app, Nuls is getting attention from merchants, companies and crypto users.

Barcelona is in the top5 innovation and startup Hubs in Europe. We are looking for a full or partial funding to start developing it.

We want to focus first on the Spanish speaker community, 2nd most spoken language in the world after Mandarin. After, English and Mandarin (with Nuls community help) will be added.

Feel free to ask more about the project

Aurora

Looks coolbut I am a little confused about how that rewards plan works and promotes NULS.

liesa

We need 4.000€ (aprox $4.500) for a 3 weeks work. Is the budget for the development or for the whole project prom otion included? how many users you guess can have within the budget?

xavi

liesa The promotion is not included because we will pay and manage it. The money is for the implementation of the blockchain in the app. So Nuls doesn't need to worry about the promotion expenses.

siwei

这个应用程序不是NULS专属的，它还可以使用其他如BTC、ETH等。因此我认为在研发阶段就申请社区基金是不合适的。
但当程序可以使用，我认为可以申请一些资金用于NULS参与其中的推广。
This application is not exclusive to NULS, it can also use other such as BTC, ETH and so on. Therefore, I think it is not appropriate to apply for a community fund during the research and development stage.
But when the program is available, I think I can apply for some funds for the promotion of NULS.

xavi

siwei The goal is to attract users that don't use or know Nuls, so if we don't add other main blockchains, there is no way the could know about Nuls. What we try to do, is to promote Nuls to crypto users who know other cryptocurrencies but not Nuls. It is not research, the app is already being built. Expected February 2019.

rogersutton

Initiatives/developments to promote NULS is always a plus.

Since this development is targeted for mobile, which platform is this development targeted for (i.e. iOS, Android)?
Do you have more specific details on the project itself? Will it just a more robust wallet with payment capabilities?
Are there interesting features about this application worth mentioning?
When is the project expected to be completed by and release in mobile stores?

xavi

rogersutton

Both platforms, IOS and Android.
I do, first stage is the mvp, mobile wallet with rewards. 2nd stage, NFC/contactless tech for mobile payments with no Point of sale needed. Also, a web widget for woocommerce (we already have an interested platform for ecommerce called Mabisy, with more than 30k online stores).
Main interesting feature is the possibility to pay with cryptocurrencies in every store/merchant/shop accepting NFC payments (like Google Pay, Samsung Pay, Apple Pay...).
Expected mvp with only bitcoin for February 2019. Rewards in Nuls, Nuls blockchain and Ethereum blockchain for May 2019.

xavi

PennyPi Any of the 4.500$, we will provide rewards, Nuls doesn't need to give anything for it.

steventuong

xavi

I very pro having NULS as a option in any point payment function, I think it fosters adoption (usage) and allows flexibility (choice) in how you decide to use your crypto. I also think your passion for NULS will ensure that we're placed at the forefront of it's use ongoing.

It's just hard quantifying the value when I can't play around and test these functions to see the practical use, but I think I'm supportive of this project?

Is this a crypto to crypto transaction or will it involve a crypto to fiat conversion, and if so how does a retail merchant handle having a NULS wallet?

ZaneNodeAmazing

It sounds good, but we don’t know who’s developing it and how much has been done, who the team is, if it will be used once completed, how much you intend to spend on promoting your product/ how you will do it, if any stores will want to use your crypto payments once ready, obviously $4500 is not much if your product is successful and used but I don’t know enough to speculate if it will be successful or used

xavi

ZaneNodeAmazing

ZaneNodeAmazing It sounds good, but we don’t know who’s developing it and how much has been done, who the team is

As I said in the first presentation post: The team has some of the best blockchain devs in Spain (you can search for Grupo Nakima) and If necessary I can provide Linkedin profiles. We are based in Barcelona.

ZaneNodeAmazing if any stores will want to use your crypto payments once ready,

Said also in the first post: Our goal is to let users pay with cryptocurrencies everywhere using NFC/contactless tech. Forget cards, mobile payments are the next step.
So, it means that the stores doesn't need to worry about cryptos or point of sale because we are using NFC, and we don't need to spend time and money convincing them to accept cryptocurrencies.

ZaneNodeAmazing obviously $4500 is not much if your product is successful and used but I don’t know enough to speculate if it will be successful or used

More ore less you are investing in a startup, I presented the project and is your decision to contribute with the community funding.

We want to have the official presentation at 4YFN during the Mobile World Congress 2019 in Barcelona.

xavi

steventuong Thank you for your support

First it will be crypto-crypto, but the crypto-fiat conversion is in the roadmap. Retail merchant can have nuls wallet to accept crypto payments or rewards, but if the merchant wants to convert it, the merchant needs our mobile app.

Cristinh0

I support your idea and I think it benefits Nuls and its exposure mainly in Spain

PennyPi

So since you are building it to be compatible with several main cryptos in general as a start-up--is the $4500 more of a listing fee, whereas you're just adding NULS to what will be an already existing product? What kind of media promotions and presentations can we expect for NULS specifically at these events?

Can the funding be paid in parts upon completion of the stages of development? For instance, once the initial integration is complete pay 1/4 to continue development to the second stage, etc. and then the final and fourth payment upon total completion? I think perhaps it may be better to separate the events from the development itself. Can you come up with a payment system that allows us to pay as milestones are met?

xavi

PennyPi

PennyPi So since you are building it to be compatible with several main cryptos in general as a start-up--is the $4500 more of a listing fee, whereas you're just adding NULS to what will be an already existing product?

NO. As I said, Nuls will be also the reward crypto for users. The app can have other blockchains, however, only Nuls will be used as a reward for all the users using the app. So it is not a listing fee.

PennyPi What kind of media promotions and presentations can we expect for NULS specifically at these events?

Nuls presentation, about the project and about our app. Free entrance and possibly livestream.
We already have an agreement with diariocripto.com for exclusive media promotion of all the events and app launch. Stand promotion together with our project at 4YFN2019 in Barcelona 25-28 feb, one of the biggest events for tech startups in the world.

Payment could be done in 3 stages, start 33,3%, half done 33,3%, end of development 33,3%.

The only problem to match with our roadmap is that the discussion is taking too long, I will ask for voting if it is possible, because the team is expecting an answer, even if it is no.

Thanks

PennyPi

xavi Thank you for clarifying. So from what I gather, this is a great promotional offer to introduce NULS to the Spanish crypto market by promoting the reward incentive which will ONLY be given in NULS to people who use the mobile App.

I also agree that mobile payments have not even begun in the West, and they are already standard in the East.

Its the Chinese New Year right now, but everyone will be back after Feb. 11th. Could we send someone from the spanish community to help with the event and stand? Our CCC member @angelillou is in Spain. Can we have some input on this presentation and help formulate or give input on the reward structure? Has that already been outlined? The more detail we can include, the better chance the proposal has to pass.

It sounds like the value prospect for NULS is very good. My bigger concern is being able to present it fully. It is an investment in a start-up, instead of a known project with traction. On the third and final payment, will this include the event and promotion completion? Perhaps the amount in that final payment can be tiered based on product marketing results? The vote would take 1 week.