STORY
Tangerine: control your keys, earn sats ⚡️
AUTHOR
HussamHussam
Joined 2022.10.20
PROJECT
Tangerine WalletTangerine Wallet
DATE
VOTES
sats
COMMENTS

Tangerine: control your keys, earn sats ⚡️

TL;DR I'm a non-technical bitcoiner looking for a team to help me build a fun, non-custodial wallet for newbies as part of Bolt Fun's Legends of Lightning ⚡️Tournament!

Project link: https://makers.bolt.fun/project/tangerine_wallet

Problem

Core problem: Non-tech-savvy millennials who want to control their private keys find the process too complicated and intimidating. Instead, they leave their bitcoin on an exchange and fall victim to fraud, hacks and negligence. This discourages new buyers from using Bitcoin and they never get to experience its benefits firsthand.

Solution

A non-custodial wallet that guides and educates newcomers to control their private keys using multi-sig, while rewarding them with sats along the way.

Think Fold meets Casa meets BlueWallet

Why custody? 🔑

The Lightning Network has the potential to drive bitcoin adoption beyond speculation. However, hurdles at the infrastructure, technical and educational level deter people from using bitcoin for its payments capabilities. The path towards a hyper-bitcoinized future starts with custody and we need more intuitive tools for people to control their private keys.

Opportunities and challenges

  1. Bitcoin is serious business, but companies like Fold make it fun and rewarding. How can we do the same in a bitcoin-native context?

  2. How do different people learn? How do we educate people on something so complex as bitcoin?

  3. Wallets are mostly single player tools. How do we make them multiplayer? Some ideas:

    • Compete with friends to earn sats

    • Have bitcoiners educate nocoiners, or introduce co-learning experiences

    • Build social payments use cases e.g. splitting bills, messaging friends or co-spending

  4. What are the biggest blockers to get a non-custodial solution to the next 100M people?

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Again, I'm not a developer, but I've worked at bitcoin exchanges as a product manager and business developer over 8 years. I'd love to partner with developers or designers that want to bring bitcoin-native products to the masses.

Also, I'm super open for feedback on idea/direction. I totally expect it to change so if you'd be interested in working with me for the tournament please reach out.

If this sounds like you, DM me on Twitter @hussamfyi.