Inspiration

Decentralized economy has become a trillion dollars industry. It’s a proven business that comes to satisfy what brick and mortar finances couldn’t. But they are complex systems that can only serve people that already are tech savvy, have tokens or may access developed FIAT ramps to make their exchanges into crypto (banked). As M-Pesa is doing for Africa (15B transactions/year) and Lemonade is doing for insurance in US (+10B Valuation), we are building the next generation on-ramp infrastructure for DeFi.

What it does

Our social networks Bot guides people on how to open a wallet, implementing CELOs Identity protocol to pair it up with their SimCard, get their first tokens with peers or local institutions and access DeFI services.

How we built it

We have built it using the Telegram API connected to a database where we defined the different interactions and queries for the AI. Then, for the identity protocol, we integrated Valora's wallet deep links to connect with web3.

Challenges we ran into

Finding the right pathway for us to securely and relatively fast interact with web3

Accomplishments that we're proud of

It exceeded our expectations in terms of all the functionalities we can add up to it, and the roadmap of implementations with other protocols

What we learned

We learned how to implement Valora's deep links, how to apply CELO's SDK technology, and how to easily present to proto users the different steps involved.

What's next for Charly Mate

We will allow the execution of transactions and payment links directly through the bot. We will integrate with DeFi protocols to offer Lending and staking services. We will integrate with Human Protocol or similar protocols to Generate a reputation system for users that want to transact on a Peer to peer basis

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