Inspiration

As cryptocurrency power users, we've all been approached by that friend or family member and asked 'so what crypto should I buy?'.

It's a reasonable question, for the most part, the average person doesn't understand even basic concepts of crypto, let alone know what to buy, when to buy & how to go about doing it.

  • This inspired us to build an application that guides users to start their crypto investing journey in a smart, safe and intuitive way.

  • We see a unique opportunity in onboarding the average person that is interested in crypto but doesn't really know how to get started into the Solana ecosystem.

What it does

The Companion.to/ app is a decentralized investment companion that is designed to bring new retail investors into crypto in a fun, educational and straightforward way.

The sleek interface allows users to select tokens to invest in from a range of categories from Gaming to Layer 1's.

Using Solana, Sollet & Serum, the entire experience is decentralized in an Angular web application that can be accessed on any device, anywhere in the world.

We offer direct fiat on-ramp with Credit Card, wire transfers, and other options.

We also cater to crypto beginners who might only know MetaMask by offering a USDC ramp from Ethereum to Solana using our modified Wormhole portal.

The app’s built-in ‘Companion’ interacts with users educating & guiding them to invest in a portfolio of favorable tokens using our smart portfolio construction algorithm.

The portfolio is rated based on sectoral diversification, strategic asset allocation & market capitalization diversification.

Users can confidently use Companion.to/ to buy any crypto-asset, no matter the market situation.

While the app does a good job of educating new investors on the power of DCA investing, we also execute users orders through a customized TWAP strategy which can span from hours to days.

How we built it

  • Our team has worked many sleepless nights for two weeks and built everything from the ground up apart from the third-party libraries used.

  • The design progressively came together as the idea unfolded.

  • Technologies used: Solana, Serum, Sollet, Wormhole, Pyth, Angular & Node.

  • Proprietary algorithms from BFT.

Challenges we ran into

  • We attempted to integrate Pyth in our on-chain TWAP smart contract but weren't able to find all the markets which serum listed, so it wasn't a good fit. Instead, we opted to use Pyth for real-time prices for those markets available.

  • The biggest challenge we had to overcome was taking our team's years of fintech development experience and translating that into web3 & decentralized finance.

  • We also struggled with our ambitions for the project as we were constantly coming up with new features to improve the user experience but with only 15 days to build we had to make the best possible MVP that reflects our vision while keeping time frames in mind.

Accomplishments that we're proud of

  • Our onboarding sequence - We believe our MVP does an excellent job introducing anyone to Solana, crypto & investing.

  • The MVP runs on any device with a browser.

  • We discovered this Hackathon on the 14th of January, making our team very proud to deliver a respectable MVP in just two weeks.

What we learned

We discovered how Solanas blockchain architecture is strong enough to power production-grade applications, which hasn't been possible for years with previous crypto infrastructure.

This enables a new world of applications and services on a decentralized internet, and we want to be a part of it.

That is what we have learned.

What's next for Companion.to/

Companion.to/ is a very ambitious project, we truly believe the right tools can empower people to make money and close the equality gap.

Unfortunately, many people are interested in crypto but really don't know how to get started investing in cryptocurrencies or go about it in the wrong way, ending up highly exposed to volatile meme coins or margin trading that they're really not capable of handling.

Our vision is to build an all-in-one investment, trading & earning application that pairs each user with an AI investment 'Companion'.

An NFT powered by AI natural language processing that identifies user’s investment goals, tolerance to risk & level of financial education to give the user ongoing investment recommendations based on their specific circumstances. You can see a very, very early stage MVP of our vision in this hackathon project's asset rating & portfolio construction system.

Companion.to/ will be the app that crypto power users will feel comfortable telling their non-crypto friends & family to download when asked at the dinner table 'So what crypto should I buy?' - this app is for the mothers, the fathers, the friends & family we all know that are interested in crypto but have no idea where to start.

View the Litepaper: Litepaper

View the Whitepaper: Whitepaper

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