The Meeds Association provides its members with an employee recognition software implementation. The employee recognition software is fueled by the Meeds ERC-20 tokens.
Recommendations for dApp Wallet Improvements (Generic Example):
Feature: The dApp wallet's in-app fiat on- and off-ramp capabilities.
Justification: At the moment, customers who want to convert between cryptocurrencies and fiat (such USD) must send money between their dApp wallet and external centralized exchanges (CEX). This procedure may entail extra transaction costs and be laborious.
Advantages:
Enhanced user experience: Without the need for third-party exchanges, users may easily convert between cryptocurrency and fiat right within the dApp.
Increased adoption: Because of privacy issues or complicated interfaces, this feature may draw in new users who might not have otherwise interacted with CEXs.
Lower transaction fees: By integrating on- and off-ramp features, fees may be more affordable than for individual trades on outside exchanges.
How to do it:
Assist trustworthy fiat gateway suppliers to guarantee safe and legal transactions.
Create an intuitive user interface for the dApp wallet's fiat deposit and withdrawal processes.
Establish visible and unambiguous fee structures for fiat transactions.
The dApp can make its users' experience more efficient and user-friendly by providing an integrated fiat on-ramp and off-ramp solution; this could draw in new users and encourage wider platform adoption.
Recommendations for dApp Wallet Improvements (Generic Example):
Feature: The dApp wallet's in-app fiat on- and off-ramp capabilities.
Justification: At the moment, customers who want to convert between cryptocurrencies and fiat (such USD) must send money between their dApp wallet and external centralized exchanges (CEX). This procedure may entail extra transaction costs and be laborious.
Advantages:
How to do it:
The dApp can make its users' experience more efficient and user-friendly by providing an integrated fiat on-ramp and off-ramp solution; this could draw in new users and encourage wider platform adoption.