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August 31, 2021

Rabet

Rabet's mission is to facilitate interaction. This has been our objective from the first day we started developing Rabet in 2020. Rabet's structure is built entirely around this goal. This interaction consists of two parts: 1. Allowing users to interact with the network and performing all operations in a user-friendly environment. 2. Allowing users to interact with Stellar's applications and signature of transactions in a safe environment.

SUMMARY

Rabet is an integrated set of open-source wallets for the Stellar network, allowing everyone around the world to interact with Stellar.
 
For developers
Developers can directly inject Rabet into their application through the browser without the need to install an SDK or package. This is the start of safe interaction with your users.
 
For users
Users can easily do all operations available on Stellar, including asset transfer or asset exchange, and interact with all the Stellar apps in a safe user-friendly environment. Rabet is your key to entering the world of Stellar.
 
Some Features

 
Useful by design
Rabet is designed with accessibility in mind, allowing users to execute Stellar's major operations in a user-friendly environment.
 
Secure by default
All the data in the Rabet is encrypted and stored on your local device. Therefore, you are in complete control of your data.
 
Support for various platforms
Rabet is available to everyone on any operating system and device—browsers, smartphones, desktops. Just choose your device and install it.
 
Rabet is Your Identity
In the Stellar world, Rabet is your passport, letting you interact with any SApp you wish.

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SUMMARY

Rabet is an integrated set of open-source wallets for the Stellar network, allowing everyone around the world to interact with Stellar.
 
For developers
Developers can directly inject Rabet into their application through the browser without the need to install an SDK or package. This is the start of safe interaction with your users.
 
For users
Users can easily do all operations available on Stellar, including asset transfer or asset exchange, and interact with all the Stellar apps in a safe user-friendly environment. Rabet is your key to entering the world of Stellar.
 
Some Features

 
Useful by design
Rabet is designed with accessibility in mind, allowing users to execute Stellar's major operations in a user-friendly environment.
 
Secure by default
All the data in the Rabet is encrypted and stored on your local device. Therefore, you are in complete control of your data.
 
Support for various platforms
Rabet is available to everyone on any operating system and device—browsers, smartphones, desktops. Just choose your device and install it.
 
Rabet is Your Identity
In the Stellar world, Rabet is your passport, letting you interact with any SApp you wish.

GOAL

STEPS

 BUDGET REQUEST

GOAL

Rabet's goals are tied to Stellar's goals. This means that Rabet helps Stellar to become a global payment network.
 
To become a robust financial network globally, a cascade of events need to take place:
 
1. Widespread user adoption, which hinges on sufficient levels of liquidity;
2. Liquidity is predicated on user interactions.
3. Users only interact with a platform that delivers an enjoyable experience both at its core and the client level.
 
Therefore, Rabet aims to create enjoyable experiences for users at the client level.

STEPS

Milestone 1
- Studying Stellar's structure
- Structure design and implementation of the pages in the extension
- Injecting Horizon to the extension
- Releasing the Chrome extension
- Obtaining community feedback and applying improvements
- Releasing the Firefox, Edge extensions
 
Date: Q2/Q3 2021
 
Milestone 2
- Structure design and implementation of the pages in the desktop version
- Injecting Electron JS into the core of the Rabet
- Releasing the desktop version (macOS, Linux, and Windows)
- Obtaining community feedback and applying improvements
 
Date: Q4 2021
 
Milestone 3
- Structure design and implementation of the pages in mobile version
- Releasing the mobile version (PWA)
- Obtaining community feedback and applying improvements
 
Date: Q1 2022

 BUDGET REQUEST:

$70,000

worth of XLM

GOAL

 BUDGET REQUEST

Rabet's goals are tied to Stellar's goals. This means that Rabet helps Stellar to become a global payment network.
 
To become a robust financial network globally, a cascade of events need to take place:
 
1. Widespread user adoption, which hinges on sufficient levels of liquidity;
2. Liquidity is predicated on user interactions.
3. Users only interact with a platform that delivers an enjoyable experience both at its core and the client level.
 
Therefore, Rabet aims to create enjoyable experiences for users at the client level.

$70,000

worth of XLM

OUR REQUEST

We kept the number of milestones in this proposal to a minimum so that we can demonstrate the progress of the platform to anyone who reads the proposal.
 
Milestone 1
We released the extension version because the majority of users will rely on an extension to perform operations on the network. We started development with Google Chrome given its higher market share as it afforded more opportunities for testing and obtaining community feedback.
We upgraded the app based on the feedback we received from the community and added various features until the extension reached a stable point in terms of performance and user-friendliness.
Next, we gradually prepared for the other browsers and released the Firefox and Edge versions of Rabet.
 
Milestone 2
We are seeking to implement a desktop version focusing on user-network interactions instead of user-dApp interactions. The desktop version allows users to manage their assets on Stellar without any dApp connections, thereby enhancing security. In other words, the desktop version enjoys all the features of the extension excluding interaction with dApps.
We aim to release Rabet on macOS, Windows, and Linux using JS Electron.
 
Milestone 3
We will focus on the mobile version. Mobile devices are the most accessible and popular pieces of technology globally. This fact is evident in the number of users of popular wallets. For example, Trust wallet has nearly 10 million mobile users but fewer than 00,000 users on its desktop version.
 
We intend to release a Progressive Web Application (PWA) instead of developing native mobile apps for three reasons:
 
1. Faster development
2. Compatible with Rabet's JavaScript core
3. Higher accessibility as PWAs are not dependent on centralized app stores owned by tech giants such as Apple and Google who have strict rules for apps with financial use cases.
A notable feature of the mobile version is its SApp store where users can explore and discover Stellar dApps in a safe environment.

PROBLEM & SOLUTION

Problem
Enabling interactions in the Stellar ecosystem between users and the Stellar network and users with Stellar network applications
  
Solution
Establishing a layer between the network and users. The layer is made of a set of various clients on different platforms.
The advantage distinguishing Rabet from other clients is its pleasant user experience and clean design implemented through a single design system.
Accessibility is the other area differentiating Rabet. Rabet is the only client that allows you to carry out all Stellar operations on a simple and intuitive user interface. These operations consist of flags management, the establishment of trust lines, path payments, and more. 

PRODUCTS & SERVICES

1. Extension wallet
Rabet's extensions allow you to interact with Stellar's dApps in a secure and transparent environment. This product is available for Chrome, Firefox, Edge, and Brave.
 
With the extension wallet, see the World Wide Web through Stellar's lens.
 
2. Desktop wallet
The desktop version does not connect to dApps, allowing users to manage and hold their assets in a safer environment. This version is developed using Electron JS and works on all major operating systems: Linux, Windows, and macOS.
 
With the desktop version, live like a holder.
 
3. Mobile wallet
Find your favorite dApps and connect them to your wallet using the mobile version. This progressive web app can be installed with a single tap—say goodbye to the App Store and Google Play.
 
With the mobile app, hold Stellar in your hands.

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PRODUCTS & SERVICES

1. Extension wallet
Rabet's extensions allow you to interact with Stellar's dApps in a secure and transparent environment. This product is available for Chrome, Firefox, Edge, and Brave.
 
With the extension wallet, see the World Wide Web through Stellar's lens.
 
2. Desktop wallet
The desktop version does not connect to dApps, allowing users to manage and hold their assets in a safer environment. This version is developed using Electron JS and works on all major operating systems: Linux, Windows, and macOS.
 
With the desktop version, live like a holder.
 
3. Mobile wallet
Find your favorite dApps and connect them to your wallet using the mobile version. This progressive web app can be installed with a single tap—say goodbye to the App Store and Google Play.
 
With the mobile app, hold Stellar in your hands.

PRODUCTS & SERVICES

1. Extension wallet
Rabet's extensions allow you to interact with Stellar's dApps in a secure and transparent environment. This product is available for Chrome, Firefox, Edge, and Brave.
 
With the extension wallet, see the World Wide Web through Stellar's lens.
 
2. Desktop wallet
The desktop version does not connect to dApps, allowing users to manage and hold their assets in a safer environment. This version is developed using Electron JS and works on all major operating systems: Linux, Windows, and macOS.
 
With the desktop version, live like a holder.
 
3. Mobile wallet
Find your favorite dApps and connect them to your wallet using the mobile version. This progressive web app can be installed with a single tap—say goodbye to the App Store and Google Play.
 
With the mobile app, hold Stellar in your hands.

No items found.

^ to view all: hover over above images and scroll down  ^

PRODUCTS & SERVICES

1. Extension wallet
Rabet's extensions allow you to interact with Stellar's dApps in a secure and transparent environment. This product is available for Chrome, Firefox, Edge, and Brave.
 
With the extension wallet, see the World Wide Web through Stellar's lens.
 
2. Desktop wallet
The desktop version does not connect to dApps, allowing users to manage and hold their assets in a safer environment. This version is developed using Electron JS and works on all major operating systems: Linux, Windows, and macOS.
 
With the desktop version, live like a holder.
 
3. Mobile wallet
Find your favorite dApps and connect them to your wallet using the mobile version. This progressive web app can be installed with a single tap—say goodbye to the App Store and Google Play.
 
With the mobile app, hold Stellar in your hands.

TARGET MARKET

Anyone familiar with Stellar is a potential user. Our users are divided into two general categories:
  
1. Businesses and Developers
All online businesses aiming to inject Stellar into their application can exploit Rabet to interact with their users.
For example, imagine a cryptocurrency payment gateway, such as BitPay, that would rely on Rabet to sign transactions on their payment page.
 
2. Ordinary Users
These are users who directly interact with Stellar in any way. This could be an asset builder who intends to manage his/her flags or an ordinary user conducting operations on the network, such as sending assets.

REVENUE MODEL

Rabet is a collection of open-source clients on Stellar. It is built on an entirely decentralized and permissionless infrastructure. We intend to keep Rabet free for everyone worldwide so that they can benefit from the extraordinary features of Stellar. We have identified three sources of funds to support our future development efforts:
 
1. Stellar Community Fund grant
If we obtain the grant, we will spend the funds on growing the team and accelerating development. The grant will give us a sufficient runway until we gain traction.
 
2. Commission from On-Ramp services
By directing our users to on-ramp services (services that allow purchasing cryptocurrencies with digital fiat currencies), we can get a commission from these services. This revenue stream will scale as Rabet grows and attracts more users.
 
3. Releasing a dedicated asset for Rabet
Although reaching a final decision on whether to pursue this revenue stream will require more research, we are confident that handing over ownership of Rabet to the community can have multiple benefits. As with the other two approaches, the funds will be used to support Rabet's growth and maintenance.

MARKET RESEARCH

Similar to any other revolution, the bitcoin and blockchain revolution started with ideal goals. The most important of these objectives was decentralization and freedom of financial operations.

Early blockchains did not affect people's daily lives. However, with the advent of DeFi (decentralized finance), the situation changed, and people learned that they could do financial transactions such as asset transfer, asset exchange, and lending on blockchain networks. At present, DeFi is a 75 billion dollar industry with hundreds of thousands of daily active users, and thousands of Fin-tech companies seeking to build their own applications on the blockchain.

However, just as you need an interface and identity before you can use banking services, you need a software client for DeFi to do the same. This is where Rabet comes in to expand Stellar's DeFi capabilities.

At the moment, MetaMask on Ethereum is the largest client with more than 10 million users. Rabet is positioned to experience similar growth as its market share is directly proportionate to the growth of the Stellar ecosystem: as Stellar gains more traction and attracts more liquidity, Rabet will become more popular. The opposite also holds: as more people learn about Rabet and its capabilities, they essentially become active users on Stellar, effectively growing the entire ecosystem.

THREATS & OPPORTUNITIES

Strength
Support for desktop, mobile, and web.
A consistent design system was applied to all Rabet clients.
Enjoyable UX/UI.
Support for all Stellar operations.

Weakness
Lack of recognition in the community.
Lack of widespread adoption.

Opportunity
The continuous growth of the Stellar ecosystem and Fintechs becoming more interested in the network.
Adding Automated Market Maker (AMM) to Stellar and the explosion of liquidity in Stellar, which will boost Rabet's adoption.

Threat

-

COMPETITION

In the extension version: Freighter and Albedo
In the desktop version: Solar wallet
In the mobile version: LOBSTR

MARKETING & SALES

We have two main programs for marketing our product:
 
1. Giveaway programs:
Each month, we will hold four random draws among users who install Rabet to encourage participation and attract new users.
 
2. PR:
We will collaborate with reputable crypto outlets to promote Rabet and Stellar through educational content and news stories.
 
Outline how you plan to nurture leads, convert prospects into customers, and increase the lifetime value of a customer?
Activating and retaining users requires a well-defined process consisting of the value and experience the user gains by interacting with the product and brand.
Life
We have identified three key factors that, when delivered correctly, can create an excellent experience for users, establish trust, and maximize the value they receive. These factors are as follows:
1. Enjoyable UX/UI
2. Reliable customer support
3. Comprehensive features

RESOURCES & RELATIONSHIPS

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About you

Name
Alper Polat

Bio
I started as a JavaScript developer, Now In love with crypto and Blockchain and new technologies.

Contact
Email: alper96polat@gmail.com
Keybase: https://keybase.io/alper95polat
GitHub: https://github.com/alper95polat

COMMUNITY DISCUSSION