Payant helps contractors, developers and creatives get paid on time. It's a simple web '2.5' Smart Escrow and invoicing solution, with an easy to use dashboard, 'Smart Invoices', legal wrappers, privacy and case resolution for users. We remove the need for trust between contractors and their clients by securing their payments, so they never need to worry ' what if?' We use conditional smart contracts to secure payments, on-chain invoices and decentralized mediation.
Problem / Solution
Many freelancers are paid late or actually never paid after getting the job done. With traditional systems, their options are limited or very expensive (hiring a lawyer).
With Payant we aim at solving this solution by offering a Smart Invoicing system that locks the funds while the job is getting done. The client has peace of mind knowing he can get his cash back if the job is not done. The contractor has also peace of mind knowing the clients has the funds to pay them.
With Secret Network we want to add a layer of privacy to enable grouped payments and private on-chain invoicing, deliverables upload for freelancers and agencies. The second layer to this project is the creation of a private system for agencies and companies to batch pay invoices within one transaction but to keep the privacy regarding who's getting paid what amount.
Detailed product description
The product includes:
a smart invoicing tool allowing you to create on-chain invoices
A flow contract determining the edge cases and the logic for withdrawals
A centralized + decentralized dispute resolution integration via Kleros.
Go-to-Market plan
We have a referral and partner strategy that we have started to build out internally.
Product marketing incl help centres & positioning/messaging with focus on a sustainable growth - retention cycle.
PR (events+strategic PR's, Guest podcasts which we used to fill the waitlist)
Creative content marketing incl videos & UGC
SEO incl SEO content
Value capture for Secret Network ecosystem
We're expecting at least 5,000 active users by the end of the year 2023. 50,000 by end of 2024. This grant would enable all these users to create private invoices on-chain to secure their payment and get paid on time.
Emily Rose Dallara: Co-founder/CEO
Emily has been working in crypto and web 3 since 2016. Starting with Bitcoin.com she went on to lead marketing teams for exchanges like Liquid Exchange, taking user retention from 10% to over 60% and Head of Product Marketing at OKX Global and AAX Global + more.
She is also an AC accredited coach, host of Web 3 and Thrive podcast, and Board Advisor to multiple other impact projects in the space. She was also selected as a Top 100 'Women of The Future' in 2022.
https://www.linkedin.com/in/emilyrosedallara/
Antoine Wallet: Co-Founder & Head of Product.
He is also a core team/founding member of Quadency since 3 years, building out product teams, customer support, marketing teams and managing marketing & business operations for the company. https://www.linkedin.com/in/antoine-wallet/
David Atkinson: Tech Advisor. [advisor]
Been in crypto since 2011. Founder Holochain, Rain Protocol, Men in Therapy, Gild Labs. Advisor; Alliance Block, TerraVirtua, Woodstock Fund. https://www.linkedin.com/in/davidcatkinson/
Bridget Greenwood- Business Advisor. [advisor]
Bridget is my partner in crime for many projects, Founder of The Bigger Pie a community for women in web 3 and Co-Founder of 200bn Club, getting female web 3 and tech founders funded. She provides me with sense-checks, business connections, endless opportunities, introductions and general coaching on business decisions.
https://www.linkedin.com/in/bridgetgreenwood/
Abdul Sataar Full stack dev [Part time]
Abdul helps us implement the smart contract and BE into the UI.
Vishal Kale BE Developer [part time]
Vishal is our smart contract engineer who built the contracts and flow ready to implement into front end.
We will require 6 months to complete this project. We intend to have 2 developers full-time and 1 part-time, at a total cost of $95,000
Milestones:
Implement the Secret Network within our existing invoicing flow to enable a privacy setting (weeks 0 - 12).
Implement group payment system for agencies to create private batch payments + qa & testing (weeks 12 - 24).
Ideally, we can receive payments in 3 disbursements, one at the beginning of the grant, one after implementation of Y and last payment when the development work is completed.
We would be willing to consider part payment in SCRTs, up to 25%.
Project Description
Payant helps contractors, developers and creatives get paid on time. It's a simple web '2.5' Smart Escrow and invoicing solution, with an easy to use dashboard, 'Smart Invoices', legal wrappers, privacy and case resolution for users. We remove the need for trust between contractors and their clients by securing their payments, so they never need to worry ' what if?' We use conditional smart contracts to secure payments, on-chain invoices and decentralized mediation.
Problem / Solution
Many freelancers are paid late or actually never paid after getting the job done. With traditional systems, their options are limited or very expensive (hiring a lawyer).
With Payant we aim at solving this solution by offering a Smart Invoicing system that locks the funds while the job is getting done. The client has peace of mind knowing he can get his cash back if the job is not done. The contractor has also peace of mind knowing the clients has the funds to pay them.
With Secret Network we want to add a layer of privacy to enable grouped payments and private on-chain invoicing, deliverables upload for freelancers and agencies. The second layer to this project is the creation of a private system for agencies and companies to batch pay invoices within one transaction but to keep the privacy regarding who's getting paid what amount.
Detailed product description
The product includes:
Go-to-Market plan
We have a referral and partner strategy that we have started to build out internally.
Value capture for Secret Network ecosystem
We're expecting at least 5,000 active users by the end of the year 2023. 50,000 by end of 2024. This grant would enable all these users to create private invoices on-chain to secure their payment and get paid on time.
Team members
Team Website
https://payant.io
Team's experience
Emily Rose Dallara: Co-founder/CEO Emily has been working in crypto and web 3 since 2016. Starting with Bitcoin.com she went on to lead marketing teams for exchanges like Liquid Exchange, taking user retention from 10% to over 60% and Head of Product Marketing at OKX Global and AAX Global + more.
She is also an AC accredited coach, host of Web 3 and Thrive podcast, and Board Advisor to multiple other impact projects in the space. She was also selected as a Top 100 'Women of The Future' in 2022. https://www.linkedin.com/in/emilyrosedallara/
Antoine Wallet: Co-Founder & Head of Product. He is also a core team/founding member of Quadency since 3 years, building out product teams, customer support, marketing teams and managing marketing & business operations for the company. https://www.linkedin.com/in/antoine-wallet/
David Atkinson: Tech Advisor. [advisor] Been in crypto since 2011. Founder Holochain, Rain Protocol, Men in Therapy, Gild Labs. Advisor; Alliance Block, TerraVirtua, Woodstock Fund. https://www.linkedin.com/in/davidcatkinson/
Bridget Greenwood- Business Advisor. [advisor] Bridget is my partner in crime for many projects, Founder of The Bigger Pie a community for women in web 3 and Co-Founder of 200bn Club, getting female web 3 and tech founders funded. She provides me with sense-checks, business connections, endless opportunities, introductions and general coaching on business decisions. https://www.linkedin.com/in/bridgetgreenwood/
Abdul Sataar Full stack dev [Part time] Abdul helps us implement the smart contract and BE into the UI.
Vishal Kale BE Developer [part time] Vishal is our smart contract engineer who built the contracts and flow ready to implement into front end.
Team Code Repos
https://github.com/Payant/payant
Team LinkedIn Profiles
https://www.linkedin.com/in/emilyrosedallara/ https://www.linkedin.com/in/antoine-wallet/
Development Roadmap
We will require 6 months to complete this project. We intend to have 2 developers full-time and 1 part-time, at a total cost of $95,000
Milestones:
Ideally, we can receive payments in 3 disbursements, one at the beginning of the grant, one after implementation of Y and last payment when the development work is completed.
We would be willing to consider part payment in SCRTs, up to 25%.
Additional Information
N/A.