paytree.club

Getting paid in crypto is the only way for mass adoption of people from Web2 to Web3. PayTree provides a platform for the Crypto maxis by providing a payroll management platform.

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Inspiration

Payroll management for Web3 Get paid in crypto. That is the only way for mass adoption of Web3. People who is already into Web3 are not breathing in and out of Crypto on their daily life. The only way to do that is by making people getting paid in Crypto through BTC, ETH, MATIC or USDC.

PayTree provides an eat your own dog food platform for all the Crypto maxis by providing a seamless payroll management platform. A Crypto bank that you can trust.

What it does

Think if you are an employer and you are paying a freelancer or employee through a payroll management software. What if there is a provision to pay your employees through ETH, BTC, MATIC or USDC? That is what paytree.club does.

Eat your own dog food People who is into Crypto space is working across the spectrum but there is no direct way for them to breath crypto on a daily basis.

Adoption curve for Web2 audience People in Web2 are still not sure about a provision to get into Web3.

With Paytree,

  1. Add your company in the platform
  2. Add funds to pay employees/Freelancer
  3. Add a periodic time to start the money stream
  4. You can stream money to a freelancer or employee

How we built it

  1. Contracts deployed in Polygon mumbai testnet
  2. Frontend deployed in Alchemy
  3. Frontend built using tailwin.css

Challenges we ran into

  1. Understanding/debugging Polygon testnet
  2. Understanding Gas fees
  3. Understanding hardhat
  4. Alchemy deployment
  5. Tracking/debugging through polygonscan

Accomplishments that we're proud of

Able to do one complete demo :)

What we learned

solidity, banking process in crypto space This broken process can be fixed with our platform

What's next for paytree.club

We need help in taking the app to the next level

Aug 7, 2022 Started building the product with the aim to build a payroll management software for Crypto space.

Aug 15, 2022 Adding functionality to send salaries/stocks through Periodic cycles.

Aug 20, 2022 Whitepaper writing is in progress. Domain registered. Talks with a couple of Banking partners. Polygon Support added.

Oct 1, 2022 Deployment in Polygon mainnet is in progress. Launching the operations soon.

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