Link to Proposal Draft on Governance Forum
1. Project Name
DZap
2. Email
grants@dzap.io
3. About You
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Shivam Chopra (Co-Founder): Blockchain developer since 2017, co-Founder @propelxyz Android developer since 2013, previously @gojektech @newscorp @AndroidStarters
Email: shivam@dzap.io
Twitter: shivamdev31
Linkedin: shivamdev
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Akansha Jain (COO): Managing @propelxyz. Also, an analyst and content writer.
Email: akansha@dzap.io
Twitter: Akanshajain05
LinkedIn: akansha-jain-734226154
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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 the future, we are set to release Dollar Cost Averaging (DCA) and other features as well.
5. Proposal Category
6. 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).
Budget & Allocation:
![dzap budget.png]()
7. 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
33,921 $PUSH
(~ $10,000 considering the closing price on 24 Oct 2022 )
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.
- MVP for âCross-chain stakingâ
- Third phase of auditing and quality test.
Few Notification Usecases
- 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.
- We are focussed to use the same notification patterns for both tokens/coins and NFTs (batch buy/sell/send & floor sweep of NFTs)
10. Wallet Address
0x49D4fd776acdB1D26C274E495857bC090099a295
11. Relevant Links & Attachments
Website | Linktree
12. Referral
Ashis Kumar Pradhan from Push
Approve and fund this proposal through the Push Grants Program (PGP)?
