Priority
P0
Description
Developer
Bruce DarcyVic PhuDemetre
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
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
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- Fee is 24% for $50 when testing on 1Wallet
Simplex
Transak
- Claims to be 5.5% fee for USD globally, 4% for US
Fiat currency & payment method coverage plus fees and limits
Sendwyre
- Claims 0.75% fees with minimum of $1 fee for domestic use
Ramp
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