Stellar Community Fund

By TokenOps

Deploy TokenOps platform on Stellar

SCF #30

$60.0K

Build

Awarded

Companies can create&track token distributions (vesting,payroll,grants,airdrops), VCs keep track of their portfolios of vesting tokens.

Products & Services

TokenOps.xyz is a token operations and lifecycle management platform. It is composed of two products for two different target customers:

Token Issuers
Early stage investors (VCs, Investment DAOs, angel investors)

1.Token Issues TokenOps helps crypto CFOs, Fin-Ops/accounting professionals with track their existing on-chain token distributions and create new ones (vesting, payroll, grants, airdrops...). It's used already by leading organization in web3, like Request, Morpho, 1inch, CowSwap, etc. We offer a range of open-source and fully audited smart contracts which can be used with the users wallet/multisig (it's fully non-custodial):

TokenOps time-lock contracts
Sablier token streaming protocol
Superfluid token streaming protocol
Custom contracts (if your team has already developed and can be "imported and managed" through our interface) Our unique value proposition is being an aggregator that can work with any underlying contract. Therefore, we are not directly competing with any project in the field of token vesting / distribution, as we provide additional tooling and usability on top of them.

Here are:

A product walkthrough deck: https://docsend.com/view/8jvjd3i4pvjhibqx
Demo video: TokenOps - Product Update - Watch

2. Early stage investors (VCs, Investment DAOs, angel investors)

TokenOps.xyz is a portfolio management and operations tool that allows you to streamline tedious back-office, fin-ops & accounting, and get powerful insights: - Track future tokens and vesting tokens portfolio (incl other vestees and what they do with their tokens) - Import and track any (custom) vesting smart contract, and token streams (Superfluid, Sablier, Hedgey, etc.) - Claim vested tokens from a single place, with a timely alerting system - Integrate the data into web2/web3 accounting tools

Product demo deck: https://docsend.com/view/qbbkiktjkg8ws7ak Demo video: https://www.loom.com/share/c22d753f98c34719a62069f71193d78a?sid=ae79ac1c-d550-4ed8-a2df-67933030d448 **Steller integration:**Building on top of the timelock example and using Claimable Balances, we plan to develop a fully featured reference token vesting library and contract for the Stellar ecosystem. We will fully integrate it within the TokenOps platform, providing a frontend UI. Uplifting the token distribution features to the same level users are accustomed to on other leading EVMs.

Soroban

Yes

Requested Budget

$60.0K

Success Criteria

Higher and more sticky TVL on Stellar. More transactions. More companies launching tokens and using Stellar as their primary chain for financial operations (treasury, payroll, etc.) Ancillat: also have Stellar Foundation as a user to manage grants payment and lifecycle

Go-To-Market Plan

Our initial GTM is rooted in virality. Investors and projects have strong benefits and network effects of being on the same platform, which will lead to increased progressive adoption and integration into other tools. Through our product for VCs we can have early access to their portfolio companies, pre-TGE. This allows us to onboard them early on our platform and keep servicing them through powerful integrations with other tools in the financial operations and backoffice stack. This enables a positive viral loop and network effects. As we expand our services also towards on-chain payroll and compensation, we can upsell and cross-sell to existing and new customer. In addition, we will also onboard customers in web2 that need a fast and cheap way to pay for good and services with stable coins on-chain. We will become a player in international/cross-boarder payments, challenging neobanks and fintech, powered by blockchain tech.

Traction Evidence

You can see on our website the logo of the companies that currently using our product, from EVM L1/2 like Taiko, Meld, Redbelly, to DeFi OG projects (1inch, Cowswap, Morpho, etc) and leading VC (Animoca, Polymorphic, etc.). Received grants from Starknet, Meld, Polygon...

Tranche 1 (Deliverable Roadmap) - MVP

Vesting smart contracts re-coding from EVM/Solidity to Stellar/Soroban. - Time 4 weeks, from grant reception

Deliverables: - Git repository with the library code - Addresses of test deployments and mainnet deployments with test transactions Budget: $40k

Tranche 2 (Deliverable Roadmap) - Testnet

Smart contract Audit - Timeline 1-2 weeks from Smart contract completion (pending availability of auditors) - Deliverable: Audit document Budget: Varies by auditor, $10-30k range

Tranche 3 (Deliverable Roadmap) - Mainnet

Integration of Stellar-based smart contract into app Front End - Timeline 1-2 weeks from smart contract audit completion Deliverable: Access to the platform allowing to manage full contract’s lifecycle from the UI Budget: $10k

Team

FOUNDERS:
Fabio Mancini: Co-founder & CEO of TokenOps.

Previously PM at Verily (Google/Alphabet Group), Management Consultant at McKinsey & Company, Co-founder, Gwoth/Product of Rebo (Blockchain-enabled smart bottle for plastic/carbon offsetting credits minting)

Mike Rudek: Co-founder & CTO of TokenOps

Previously founding engineer / 1st hire at Windmill (YC S22), Upciti, Dolphin Vision; Software developer and researcher at Ecole Normale

Sorbonne University MSc and Researcher in distributed systems, into BTC mining since 2015

GitHub: https://github.com/lplit

Plus 3 engineers and 1 BD.