Stellar Community Fund

By Satellite + We Work Out

Satellite + We Work Out

SCF #24

$75.3K

Legacy v5.0 Community Award

Awarded

A platform for deploying smart contracts linked to third partyapp data(first up, Strava). Like Zapier, but for Soroban.

Products & Services

Satellite is a developer platform that integrates third party app data into Soroban, acting as the gateway between software oracles and smart contracts. Leveraging webhooks, sockets, and polling, our platform receives live updates from user’s third party app accounts and passes the data into smart contracts. The platform is designed for Soroban developers - they upload WASM of a smart contract that implements the Satellite protocol, configure a 3rd party service, choose which event data to forward to their contracts, and Satellite handles the rest. By enabling a fully-customizable developer experience for integrating real time 3rd party app data into Soroban smart contracts, Satellite aims to bring real-world utility to smart contracts.

We Work Out is the first end-user application implementing the Satellite platform. Since the first third party software oracle that Satellite will implement is Strava, we will be building a web, iOS, and Android application that enables users to create workout pools. A workout pool is a group of people, or teams, who are either competing or working together to achieve fitness goals, and then receive payouts based on hitting those goals.

For example, a company wants to incentivize employees to walk more, so they create a workout pool with $10,000 that will pay out to all users in their company who walk more than 10 miles per week over the course of three months. Users who join the workout pool connect their Strava account, which automatically enables Satellite support for their workout data, which feeds directly into Soroban. Another example would be a running club that wants to pay out the athlete with the most logged miles in a given month. In the past, this took a lot of manual coordination, but with We Work Out and Satellite, the process is seamless and automatic.

What’s more, the users in the workout group don’t even need to know each other anymore, as Soroban builds a framework for trustless payments; everyone sees the rules for the payouts (based on Strava’s data), and the smart contract programmatically enforces those rules. Minimal administration is required.

During the development of Satellite, we will be building toolsets that enable us to more quickly integrate third party software oracles. The goal is to build out Satellite as a SaaS/API model, where developers can leverage Satellite to build their own apps (like we did with We Work Out). As we enable more oracles, the possibilities for developers grows dramatically, as does the utility of Soroban and the Stellar Network. We simultaneously envision building a simple REST API and SDKs for Satellite that integrate with popular development frameworks to speed up the development and deployment of smart contracts linked to software oracles.

We Work Out will continue to be our first, and our flagship, implementation of Satellite. We have identified corporate wellness programs, with a $59B global addressable market, as the path to growth and profitability for the app. By creating a simplified experience for setting up and launching corporate wellness programs that incentivize employee activity as measured by third party data, we leverage tech to offer a non-existent product that can capitalize on the gap in the corporate wellness space.