ELLIPAL Self-custody Cold Wallet 1 Proposal: DOT/KSM Tokens, Staking,ASTR & GLMR Parachains&Tokens,DOT/KSM/ ASTR/GLMR Swap,WalletConnect v2,Polkadot Wallet Integration

Hey community!

We're exploring the idea of integrating the Polkadot and parachains ecosystem with the ELLIPAL hardware wallet. To make it happen, we're looking to fund 10 senior engineers for a 5-month stint.

If you're on board with this, we'll draft a proposal. Let's hear your thoughts!

 

ELLIPAL Self-custody Cold Wallet 1 Proposal:

● DOT/KSM Tokens, Staking

● ASTR & GLMR Parachains&Tokens

● DOT/KSM/ ASTR/GLMR Swap

● WalletConnect v2

● Polkadot Wallet Integration

 

☆ Commercial Value

● Substantial User Base & AUM
With 800K wallet users and over $4B in managed assets, ELLIPAL has a strong presence in the market. We are currently in the process of extensively optimizing our mobile app, with a comprehensive marketing push to follow upon completion. This initiative is projected to drive user engagement and growth rates. Additionally, our ongoing collaboration with MetaMask is broadening our user base, further enhancing the liquidity and engagement within the Polkadot ecosystem.

● Global Reach
ELLIPAL's presence in 140+ countries and collaboration with 80+ global resellers amplifies our global traction. This international reach can be leveraged to bolster Polkadot's global adoption and resonance.

● Vibrant Community Network
With 3000+ affiliates and influencers in our fold, we have the grassroots marketing power to augment Polkadot's outreach and foster community growth.

● Ease of Integration for Emerging Parachains
With the incorporation of Polkadot's features, we anticipate a twofold acceleration in the addition of other Parachains, guaranteeing swift responsiveness in upcoming Parachain developments.

 

☆ Features set of ELLIPAL Hardware Wallet

● Air-gapped (no connectivity to Wi-Fi, Bluetooth, USB, Cellular, NFC, or any other network connections) design. Connectivity with the mobile app through QR codes. Store private keys, sign transactions, store crypto and NFTs.

● Complete offline, including firmware update: Complete 100% offline firmware updates using micro SD card, no need for USB ports.

● Anti-tamper & anti-disassembly features & Auto-selfdestruct: ELLIPAL intelligent anti-tamper technology promptly detects interference, wiping all data, including Polkadot-related assets, and presents would-be thieves with nothing but a discouraging dead-end screen. ELLIPAL cold wallet stands as an impregnable fortress, offline and unassailable, guarding Polkadot assets against all possible threats.

● Secret secondary wallet option & 2-factor authentication: Setup alternate accounts that shows up when the wallet is unlocked with your alternate password if you are being threatened. PIN entry, Password entry. Get extra secure with gesture pin, and numeric passwords.

 

 

 

☆ Features set of ELLIPAL Mobile App

● Support 40+ blockchains and 10,000+ tokens, including DOT/KSM chain

● Manage NFTs

● MetaMask support

● WalletConenct V2

● Support staking, swap, buy crypto 

● Access to Dapps

 

ELLIPAL is the leader of the air-gapped cold wallet and has been recognized by Forbes as the Top 3 cold wallets. lt has already provided users in 140 countries with a one-stop solution for secure, portable, and easy-to-use products and services. Its one-of-a-kind "air-gapped" (100% offline) security system and full-metal anti-tamper design protect users' assets from online and offline attacks.

Please review the full proposal with a detailed description & costs: https://docs.google.com/document/d/13vg_nORME5rK3AQfsZkMXnZoUYtAA1dBG_zGNsULvoA/edit#heading=h.nv1hzjdn4ead