Stellar Community Fund

By Mojoflower

Bloom and Petal

SCF #17

$100.0K

Legacy v4.0 Award

Awarded

Bloom - Entity assembly with Soroban-smart contracts & Petal decentralized document signing service.

Products & Services

We want to launch two services using Soroban - smart contracts. Bloom is a smart-contract suite for on-chain entity assembly. By using Soroban smart contracts, we aim to provide a more efficient, transparent, and streamlined solution for building on-chain entities. The main smart contract we are building will act as the on-chain entity, handle all asset issuance logic, and be capable of interacting with other smart contracts and creating assets with different properties, visible on-chain, including all asset types available in tradFi today plus all others that can be created via smart contracts. This will allow companies to have more control and clarity over their on-chain entities (and assets) and greater flexibility in the functions and processes they execute, bringing them closer to a DAO-like governance than is currently possible in Stellar classic. This will also make Mojoflower-created entities less dependent on a centralized company (like Mojoflower) for handling their assets.

Petal is a decentralized document signing service that stores signatures and document/contract receipts as an enhanced ERC721 smart contract on EVM equivalent chains and L2s (Arbitrum/Polygon). The flow is: 1. A user connects using a wallet of their choice. 2. Uploads documents to IPFS and inputs which entities to gather signatures from and optionally how to send them a notification of where to view and sign said document. 3. The possible signees view the document and choose whether to sign or reject. When they have chosen their action, the signature for that action is requested from their wallet and stored on-chain with the NFT representing the document in question. We want to build a Soroban version of the document signing service plus add Stellar wallet signing capabilities. Currently, there is no document signing service, that we know of, that allows users to send documents via Stellar in a decentralized way and users cannot use their Stellar wallets to sign documents.