Title of proposal:
WalletD, owned by Slaz Holdings Ltd
WalletD is an open source wallet SDK which will include ready-to-use modules for a variety of different blockchains and ecosystems.
Though we have not received funding specifically for a Zcash wallet module, we have raised $1m so far in SAFE investments and $50 000 in SAFT, through our committed investors BigBrain Holdings; Arrington Capital; and Ms2 Capital.
Almost all blockchain projects, at their core, require wallet infrastructure. Even the most ambitious and innovative projects will need to interact with the blockchains they choose to operate on and, before they even come close to building their game-changing piece of technology, they will waste considerable time and resources on building their wallet infrastructure. Further to this, core infrastructure maintenance (hard, soft forks, and upgrades) require considerable resources.
With our experience drawn from building and operating the most popular non-custodial Monero wallet, MyMonero, we know that building a wallet is difficult and that even one mistake can cause an entire project to fall apart. So what the industry really needs is an open source library that helps streamline the wallet development process so that the industry stops wasting time and money and we stop missing out on the true innovation that most developers and entrepreneurs intend to bring to their projects and the world.
WalletD aims to solve infrastructure-related challenges in the blockchain and cryptocurrency industry. Its success lies in making blockchain technology more accessible and interconnected, ultimately benefiting the growth and development of all interconnected networks, along with the broader cryptocurrency ecosystem. By providing pre-built integrations with various blockchain and cryptocurrency service providers, we will streamline the integration process for developers.
Blockchain projects often operate in silos, limiting their ability to interact with other networks, but WalletD promotes interoperability by serving as a common infrastructure that can be used across multiple projects and blockchains.
By simplifying wallet development and integration, WalletD makes it more accessible for developers to enter the blockchain space and incorporate Zcash into their projects. This ability to seamlessly integrate with various blockchains will encourage cross-network collaboration and the development of interconnected tools and services.