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SphereOne Mobile App & PWA — Crypto payments across any chain with any token in 1-click.
SphereOne is a cross-chain crypto payment platform that allows you to securely pay your family and friends or favorite Web2/Web3 merchants all from your mobile device. Made so simple that anyone can use it (even your grandmother).
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Hey Product Hunt! 👋
Thanks @pollock for hunting us!
My name is Christopher Ries, I’m a co-founder of SphereOne and we’re super excited to announce our initial product launch!
My co-founder @ryanmcnutt and I weren’t always working on cross-chain payments. Like most of you, we iterated to this current product shape.
At the time, users in Web3 didn’t have access to on-chain credit options so this inspired us to go build a buy-now-pay-later protocol for Web3. We demonstrated the technology at a Solana Hacker House, but most people liked that we offered users the ability to repay their loans with liquidity across different chains (e.g. Ethereum to Solana).
As we dug into the cross-chain infrastructure we found it to be too slow and difficult for your average consumer to navigate the multitude of steps to make payments across blockchains. Not to mention the billions in stolen customer assets due to bridge exploits from nation-state actors like the Lazarus Group. I took this personally since I had dealt with the Lazarus Group while working on the infamous 2014 Sony breach. Long story short, we pivoted from the buy-now-pay-later product and focused solely on streamlining cross-chain payments.
So what did we ship with this release and why does it move the needle?
⚡️ Use your crypto across other chains without the hassle of long wait times.
💰 View all of your currencies and digital collectibles in one place.
📱 Single payment interface that allows you to make crypto purchases with two-factor auth without having to recover your crypto wallets on other devices.
👨👩👧 Pay your friends and family, or merchants in crypto with their email address, phone number, username, or wallet address even if they aren’t a SphereOne user.
🛠 Deploy smart wallets on supported blockchains and never have to worry about having enough gas to pay for a transaction again.
🔗 Link your credit card, debit card, bank account, or existing wallets to consolidate your payment methods for crypto transactions.
With SphereOne, we want to use crypto payment rails and infrastructure to democratize access to financial tools that people in emerging countries wouldn’t otherwise have access to. Moreover, we want anyone to be able to use it regardless of their computer literacy skills.
**Download SphereOne on the App Store or Google Play Store today to be invited to our closed-beta**
@pollock @ryanmcnutt @cjries You guys seem to have accurately identified the needs of users! Congratulations on an impressive product launch.🎉 I can only imagine the amount of effort that went into building this. I'm rooting for you!
@pollock @ryanmcnutt @frida_lee the team poured countless late nights and weekends into this release. Really appreciate the support 🙏
@pollock @ryanmcnutt @cjries This sounds like an innovative and much-needed solution to streamline cross-chain payments. How do you ensure security and prevent hacks like the Lazarus Group incident? Congrats on the launch!
@pollock @ryanmcnutt @jorexnovik I spoke briefly about it but the way that you manage vulnerabilities in those infra dependencies is by minimizing the threat surface. So the idea would be that we won't be issuing synthetics (which is historically what a user has been given when using cross chain bridges), these are one for one swaps (a direct trade in liquidity from ETH to SOL across their respective chains). If we can process those cross chain swaps fast enough we limit our exposure, since we aren't holding those assets on the bridging infra. Happy to chat more since I could go on all day about the various security measures that we're taking.
@matcha_anil definitely. Cross chain interoperability has been a big issue in the space that has the power to supercharge a user's experience in crypto because when done correctly allows you to take advantage of all the various advantages of a specific chain (low cost of Solana transactions and Solana Pay, account abstraction on Ethereum, gaming ecosystem of Polygon, gas free transactions on Immutable, etc.).
SphereOne is a game-changer for hassle-free crypto payments. It's easy to use and secure, making it perfect for both novice and experienced users. Excited to see its potential impact on the crypto industry! 👍
@jorexnovik Thanks George! We are so glad to hear that you think about SphereOne and we want to continue to help others use crypto with ease. Let us know if you have any questions or suggestions!
Interesting.. How does SphereOne ensure security when processing cross-chain payments? Nevertheless, it's great to see a user-friendly platform that enables hassle-free crypto transactions.
@nina_baghdasaryan1 that's a great question. I look at it as an attack surface question. A lot of the bridge hacks last year were due to small mistakes (e.g. not evaluating a merkle tree correctly, not validating the hashed transaction instructions, etc.). A lot of the damage was done to folks who staked various assets in a specific crypto bridge. We're optimizing the cross chain route through various infra partners like Lifi and Odos to minimize the attack surface for which funds could be stolen in transit. Obviously with infrastructure dependencies you have to focus on minimizing risk if you're building at the application layer.
Looks promising! Congrats on the launch! @cjries I will try it out and share my feedback.
@hasan_ui_design thank you ! Please do not hesitate to contact us if you have any questions or suggestions!
@hasan_ui_design Hey thanks!!! We would love to see you in the app!! As a designer, your feedback would be appreciated so don't hesitate in reaching out! I'll leave you the links to the apps store or you can found them in the header https://linktr.ee/sphereone_
Nice, congrats on the launch. "Crypto for grandmas" → great line, hehe. There absolutely needs to be a super simple solution that makes it easy to bridge the gap between Web3/Crypto & the masses and SphereOne looks like a solid contender. 👍
@brenkinfa Thanks Bren!! We're hard working to make that happen. Crypto is a great technology that can provide a lot of value to society, we're trying to unlock that value by solving the biggest barriers that hide that from the masses. UI, UX definitely matters. Don't hesitate to reach out if you have any questions or feedback!
@abid_unnisa Thanks Abid! We are glad you are interested in SphereOne! Let us know if you have any more questions
@richard_gao2 thank you ! I invite you to join the waitlist to find out about all the advances!
Please don't hesitate to send over any feedback!
@richard_gao2 thank you! Please don't hesitate to send over any feedback! We are working hard to get an excellent product :)
Hey everyone 👋🏻
Congratulations on the launch of your product on PH! 🎉
It looks amazing! What was the most challenging part of the process?
I doubt my grandmother would be able to use it, but the UI is definitely neat. However, your website says that you "include a small spread on crypto payments that include network fees, exchange fees, etc.". What are the fees?
@kristie_hartin Hi Kristie! We are sure grandmas will also understand how to use it, or we will try it at least :) Our goal is to reach common people, making user experience incredible and simple. Just 1 click and there you go. Regarding to fees, this are the normal fees on every chain, but we are working also with Account Abstraction and Smart Wallets that will allow us tu have gasless transactions on some chains :)
What looks to be a magic link integration seems key for onboarding :)
Congrats on the launch yall - curious to see where yall go from here!
Amazing, this will revolutionalize payment system in countries having setback in connecting with the global economy.
@adam_ledoor thank you for your comments !
If you have any suggestions or questions please do not hesitate to contact us!
@diego_cerda yea, I've downloaded the App and it's requesting for invite link. you can send me the invite link direct message. thanks
@adam_ledoor glad to hear you downloaded the app ! Were you able to register inside the app ?
For the moment the closed beta will only be available to a small group of users first so we can make sure everything is working properly and we will expand to more users based on the referral leaderboard, if you were able to register and verify inside the app you must have already reached the waitlist =)
Nice product!!!!
In countries like Argentina 🇦🇷 this will be a usefull app for fighting against our economy! Sending money to our friends or just paying in crypto for any product!!! I've justed tested the android app and love it!
@tincho_mondino thank you! Lots of hard work went into making the initial SphereOne MVP. Couldn't have done it without our incredible team of builders and pioneers exploring crypto payment rails in their respective countries!
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