Inspiration
Web 2.0 is centralized, custodial, not democratic and controlled by a handful of people. Not your keys, not your money is the default and those who control the funnel, control the creators' fate.
What it does
Lets anyone start accepting payments on any supported chain in less than 2 min. Totally non-custodial, so the merchants/creators are always in control of their funds.
How we built it
Using React, Node, Solidity, Rust and some love. We are blockchain agnostic and live on 5 chains(Ethereum, Solana, Polygon, BSC, NEAR). Currently we are working hard on adding more chains, as we believe in a multi-chain and cross-chain future.
Challenges we ran into
Solana architecture is very different from EVM architecture. Making our product work with Solana was a challenge as there were lot of new things. It was both a challenge and exciting to add it.
Accomplishments that we're proud of
- We have been a winner in Near Accelerator program.
- We have been a winner of Inc42 pitch competition in India.
- We raised a $100k friends and family round and also signed up early users.
- We have added 5 major chains already and created a blockchain agnostic and non-custodial product which is quick to setup and simple to use for anyone.
What we learned
Flexibility of offchain/multisig support and an unopinionated program structure in Solana architecture has opened a lot of new product ideas/opportunities for MooPay in the future, which are not possible in EVM currently.
What's next for MooPay
On boarding new partners and customers. Adding SPL and ERC20 Support. Shopify, Wordpress Plugins and SDKs
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