Fiat gateway

Priority
P0
Description

Developer
Bruce DarcyVic PhuDemetre Gostas
Flag for upcoming standup
Notes

Portfolio split to stables will have to wait until assets are re-pegged on the Harmony chain. Action item: UI page for fiat-on ramp. Ramp. - waiting on LLC for registration.

Related to Tasks (Related SMS PRD)
Related to Tasks (Related SMS PRD) 1
Related to Tasks (Related SMS PRD) 2
Related to Tasks (Related SMS PRD) 3
Related to Tasks (Related SMS PRD) 4
Status
In progress-BE
User Story

As a fan, I want to be able to purchase crypto to then buy NFTs

Fiat Gateway options

DJ3N integration head-to-head

Integrations - Banxa

Easy integration for faster growth. Designed for developers, Banxa provides flexible integration options that simplifies KYC and payments. Our team will implement widgets and APIs however you prefer - bridging your users to the crypto world in minutes. Multiple integration options On-ramp solutions to suit your needs We have built different integration options for the [...]

Integrations - Banxa
Quick Start | Ramp Docs

This document describes basic ways of integrating Ramp into your web app and links to more detailed pages. Ramp allows you to integrate it in multiple ways depending on your app's UI and needs. All of our integration modes have their desktop and mobile counterparts, so you can get a perfect experience on any device format.

Ramp
Banxa
General thoughts
Embeded mode, directly load Quickstart on our site, skipping backend implementation and some frontend implementation Also ~10% fee in test
10% fee in test
Pros
High conversion rate, local entities/focus on local regulations (So they claim) -Fiat to nft feature?
Cons
Time to implement
Depends on approach, multiple options Options: Redirect and autofill, SDK(Creates frontend component using passed params, component connects to Ramp)”Overlay mode” (Can customize or not customize sdk component)
Depends on using refferal (Send them to Banxa and autopopulate form) Or api integration (Need our own backend to relay, and api keys, ect) Options: Iframe, Refferal(Redirect and fill form), API
Potential Blockers

From a technical perspective, both these implementations are pretty similar, with a few options from full backend api integration, to embeds/redirect with autofill.

Resources

https://docs.google.com/spreadsheets/d/1ywgVgRAafJ3hwqskpO7j3aRrtuqpbF-wCaRGAt3ME9w/edit#gid=0

Past Research