Mobile wallet proposal

Hi MJ & Reliant Node Team,

Great proposal! ICX Station is interested in learning more and I will follow up via your email to discuss more details.

Best,
Scott

1 Like

Ok I like leave some positive and negative feedback on all + some points you should consider.

Points you need to consider

First web wallet is not safe way to interact so if you guys can add offline sign and broadcast function so people can sign their transactions offline and broadcast later over some other device that would be great.
To offer icx over your app specially from credit card. You need a lot of licence, regulations, anti fraud stuff I can’t recall it’s exact name right now lastly KYC. (All of these depends on where you register the company for these transactions)

Now positive feedbacks.
I really like what you guys did with the wallet. It’s simple and basic.
You are pushing for what needed in wallet instead of just creating another wallet.

My only negative feedback is
Make voting our killer dApp

That’s not even your teams idea but that’s not a reality so I just want to point that out.

I wish to have funds to support your development. That’s my summary for that proposal

1 Like

@mj-reliantnode Is there any timeline of your project?
@BennyOptions_LL Why over email? We’d certainly like to see details too.
@Emre I guess the purchasing would be done through 3rd party? Similarly to how Ark wallet integrates Changelly.

If there is a third party which can offer it that would be great but afaik none of them exist and they will charge a lot of money for integration. I remember one of them charging 200-300k USD but they were not just offering purchase with card anyway it’s getting out of context. I hope they can find viable option.

Hey @Tomas.Blockmove - I’m planning on reaching out to set up a call.

2 Likes

Thanks for your comments.

  • We agree keys should never leave the app (web or app) they are loaded in. All signing is done in app.
  • ICX purchase proposal would be through a third party (we’re in investigating simplex and coinify), as mentioned this is outside the scope of this proposal. Happy to discuss further about this at the right time.
  • I am not sure what the feedback re: Parrot9’s work is, but we think building the right voting UX is important for getting DPoC right.

Yes that would be great. I talked about voting being a killer app there

There are a few variables, but we’d be estimating with current workload around 3 months from funding to launch. We’d rather under promise.

I have a question about this feature.

ICX purchasing

Provide the ability to purchase ICX directly in app. Currently the process to get ICX from a credit card is complicated as outlined by Insight - https://blog.insightdatascience.com/insight-icon-voting-f863b7323a25 . We will have the ability to build this functionality into the app. There are monetisation benefits of building this feature.

How do you guys plan on implementing this? Would the app hook into Apple Pay or the Android equivalent, and then process a transaction to buy ICX? If so, where is the liquidity coming from, and would you have to set up some kind of money handling entity to do this kind of thing?

3rd party solution as already mentioned:

As a big believer, the biggest barrier to adoption is usability, I’m a big fan of the project. Blockchain at Berkeley is planning to do a series of meetups after the holidays to promote the adoption of ICON and I think it would be really cool to get the audience members who don’t have a laptop with them to try out the app.

Is there a rough timeline for delivery? Just saw your reference of 3 months from funding to launch but does that mean 3 months from now? Or when do you plan to have funding?

(Also I love using the webapp better than ICONex so keep up the good work. As we accumulate more funds, we’d be happy to contribute to the success.)

Hi MJ thanks for the great suggestion.
As ICON foundation, we are going to release grant program in short period of time and project something like you suggested will be likely to get selected and get grant.

thanks for the great proposal and we will talk more in telegram thanks!

2 Likes

Hello, Reliantnode!

This proposal is applied to the ICON Community Grant program. ICON Foundation is going to review this proposal and leave the Review Result Comments on this post. Thanks.

1 Like

Hi there

I think you should give us more details on your budget planning and why you need that much ICX to build it in order to get grant

thanks!

@Ben_Lee - You can refer to this excel for our work effort estimates.

Cheers
M

Review Result Comments

Review Result

Rejected

Review Comments

New mobile wallet oriented from community could give a good opportunity to get user experience improved wallet for community. However, the community already have ICONex, the official wallet and there are no convincing points why we should have another wallet. Also, there is no information that the proposed wallet could give better user experience than ICONex. We believe there are many other things to develop rather than wallet at this point.

*. Proposer can request a reassessment

Seems you rejected absolutely everything that was proposed so far. So perhaps you could give a list of those other things you expect to be developed.

@ICON_ADMIN - I have updated our proposal as requested. Let me know if you need anything else. Cheers M

Review Result Comments

Review Result

Approved

Review Comments

Creating a new wallet is challenging and we are glad that we have a Reliant node to do this job. This will give more options for the ICON wallets. They have shown us great work and we are certain that they will continue to do so. Since their work will be all open sourced, we are sure other P-Reps or developers are willing to do code reviews and QA processes so that Reliant node wallet can be trusted. We are happy to give out this grant.

Reporting Period
Grant recipients should produce Periodic Reports in order to continue to receive grant funding. If the Periodic Report is showing that the initiative is not meeting expectations, the ICON Foundation has the option to halt continued funding. Please check the link (ICON Community Grant Program (“ICON CGP”)) and leave reports on this page (https://forum.icon.community/c/g/pr)

The team must submit their reports by the timeframes below:

  • 2020/02/12
  • 2020/03/13
  • 2020/04/29

Funding Amount
The ICON Foundation is going to give out 250,000 ICX in 4 monthly installments based on the Periodic Report.

  • 2020/01/20 - 62,500 ICX
  • 2020/02/13 - 62,500 ICX
  • 2020/03/14 - 62,500 ICX
  • 2020/04/30 - 62,500 ICX

Thank you @ICON_ADMIN.

We will get to work and start reporting progress.