Rajat Seth (CMO) - 4+ years of WorkEx in Media Industry (Hindustan Times & DishTV) in Content & Social Media Domain.
Email - rajat@propel.xyz
LinkedIn - rajatseth03
Twitter - Sudpines
4. Project TL:DR: With DZap one can Buy, Sell, or Send multiple tokens & NFTs in a single transaction. Basically, our goal is to unify multiple step process into one. In future, we are set to release Dollar Cost Averaging (DCA) and other features as well.
Proposal Category
Defi
NFT
DEX
Project Overview:
Parts that are complete:
Batch Buy: Batch Buy feature enables users to purchase many tokens in a single transaction. In other words, you can buy all the tokens you need at once without having to buy them one at a time. Through Batch Buy, you can âConvert one token to multiple tokensâ i.e #onetomany.
Batch Sell: Batch Sell feature enables users to sell one than one token in a single transaction. In other words, you can sell any number of tokens at once without having to swap one at a time. Through Batch Sell, you can âConvert multiple token to one tokenâ
i.e #manytoone.
Batch Send: Batch Send feature allows user to send multiple tokens to an address in a single transaction.
Under Development:
Dollar Cost Averaging (DCA): DCA is a long-term strategy, where an investor regularly buys smaller amounts of an asset over a period of time, no matter the price (for example, investing $100 in Bitcoin every month for a year, instead of $1,200 at once). DZap is building a Decentralised DCA approach so that user can start investing without any KYC process. We would introduce LP token and crypto basket to DCA as well.
Multi-to-multi: Through this feature, user will be able to Buy/sell multiple token into other multiple tokens.
NFT Aggregator: Buy/Sell/Send feature for Non Fungible Tokens (NFTs).
Value Proposition to EPNS: EPNS is a Notification Protocol which enables users (wallet addresses) to receive notifications. Since, DZap is a B2C project and deals with token/NFT trading and investing, EPNS would be a central notification layer of DZap. We tend to following push notifications:
Feature & other updates will be notified through EPNS.
$PUSH will be set as a default token in our âToken Listâ
Notification about userâs DCA position will be pushed through EPNS.
EPNS community members would be given priority updates about new features going live on DZap. We will also be posting on our social channels about EPNS to spread awareness about the protocol.
8. Funding Requested: $10K in $PUSH.
9. Milestones:
**Phase 1 (Completed)**
- Ideation and team building.
- UX/UI prototypes.
- MVP of the website with âBatch Buyâ & âBatch Sellâ feature of tokens.
- Aggregation of various DEX for liquidity.
- Integration of different Blockchain & wallet options.
- Auditing of smart contracts & Quality Assessment of the entire product.
- Release of Beta version with commission fees at 0% i.e FREE.
- Applying for grants and funds.
Phase 2 (WIP). Timeline for completion: Q4 2022
Release âBatch Sendâ feature of tokens.
Release V1 of Dollar Cost Averaging (DCA).
Integration of dashboard with features like âUser profile, notification, and transaction historyâ.
Release Batch Selling/Buying/Sending feature of Non Fungible Tokens (NFTs).
Aggregation of various marketplaces.
Second phase of auditing & quality test.
Prototyping âConvert Multiple tokens into other multiple tokensâ
Phase 3 (WIP): Timeline for completion: Q1 2023
Introduction of âCrypto Basketâ.
Improvisation of features according to user feedbacks & feature requests.
A solid project ! Dzap is creating real functionality and flexibility in blockchain. I really like the fact that this is a project useful for both newbies and seasoned investors. For a lot of first-time investors and enthusiasts, going through multiple transactions can be a very daunting. The multi-sell/buy commands are going to be game changers. Also like the fact that their focus is on the product build and their Beta is already live. Gives faith in the project that they can deliver.
Great idea. I like the utility of your project!
Got a few questions for your team:
QUESTION #1
For Phase 2:
Can you please elaborate more on the notifications you are implementing. Even for DCAâing there could be multiple notifications that can be implemented for 1 single user with 1 single DCA operation.
What other cases aside from DCA are you thinking for notifications?
QUESTION #2
With BatchBuy and BatchSend - these are operations that users will expect to happen âimmediatelyâ (meaning not having to wait minutes for it to happen) as they behave like swapping or sending tokens from your wallet.
Whats your idea for notifications for these 2 features?
The selling part in my opinion is more naturally suited for Notifications as you can put something on Sale and not have to wait for a buyer - it can happen anytime and you just get a notification once âyour item is soldâ
QUESTION #3
Would be if you can elaborate more on the entire NFT capabilities of DZap.
Helping our community understand the functionalities will help put Notification opportunities into everyoneâs minds.
Finally, a couple recommendations:
Add a detailed list of notifications opportunities per milestone/Phase
Add more supporting data:
Clarify at which stage is your project (Beta? Under Development?
Do you have users? How many? Or how many transactions are you observing?
We run Office hours 2x a week Mondays and Thursdays, and is a perfect place to ask/answer questions and get your proposal discussed and moving forward.
Thanks for introducing a time saving machine, Finally my pray comes to reality, I was eagerly waiting for this kind of product where I can swap or sell multiple tokens in one goâŠ
Dzap is more than what I was expectingâŠ
Hi Jaf! Thank you for your questions. Let us explain them one by one:
For DCA specifically we can use notifications for the following:
To notify users about their ongoing DCA & also the user can decide the interval at which notification should pop.
Notify users about the completion of the ongoing DCA whilst give the option of continuing the same.
User can also create price notification:
buy/sell a tokens at certain price
he may want to start/stop the DCA at certain price
for NFTs, sweeping floor at a certain price
In DZap, Batch buy/sell/send happens immediately like any other DEX. Here, we want to use EPNS to notify the users about the stats like: most swapped token, top 10 token, batch bought/sold, NFT floor sweeps, etc.
The selling part in my opinion is more naturally suited for Notifications as you can put something on Sale and not have to wait for a buyer - it can happen anytime and you just get a notification once âyour item is soldâ:
This is nice suggestion, but we are not maintaining order book. We are utilising DEX aggregators to complete the swaps. But we can also develop a feature that lets users decide decide at what price should the swaps be executed. And hence, notify them about the same.
We are focussed to use the same notification patterns for both tokens/coins and NFTs (batch buy/sell/send & floor sweep of NFTs)
Our project is at Beta stage right now. Launched on August 2022, we have a few user count but we are focusing on spreading more awareness about the project.
You can follow our on-chain activity at this address: 0x26a2f34beeba555b83ad5d6de71ad6bbd2b68810 on Polygon, BSC & Ethereum.
It would be great if we can connect to discuss more in depth about the integration and other related developments.
Hi Jaf! Hope you are doing well. Just checking on any further developments regarding the grant and notification implementation. And, Team DZap would like to connect for queries related to EPNS integration on DZap.
