Zcash Community Grants Application VaihtoFX: Shielded ZEC On/Off-Ramp via M-Pesa & Airtel Money in Kenya

How is it non-custodial if a swap is being done? Someone has to hold some form of crypto here. You said a ZIP-321 QR is displayed after the quote. Where does the money go if I scan and pay? “the swap converts ZEC to USDC” is not a valid answer, since someone somewhere has to make trust-assumptions.

That is a key regulatory risk. Can you name them and their their license status?

I’m sorry, you said you were not the one undertaking the conversion, but a partner licensed by the Central Bank of Kenya with a (presumed) active license? Then what is this for?

Are YOU the “partner”? In which case, what is the guarantee you will get license even after ZCG pays out the consultancy fees? Particularly with the age of your company and lack of credibility, and the fact that shielded ZEC is notoriously shady with regulators (even US regulators only greenlit a select number of exchanges to accept ZEC, and none accept shielded ZEC at all)?

To draw an analogy: it’s like me with my space blockchain proposal. The technicals fully worked, contingent on us obtaining a satellite lease or a launch slice, which was the most-understated yet the hardest and most unrealistic part.