I have been contemplating an idea. It’s a very simple concept, essentially a mobile wallet that is streamlined.
I have seen the Figma design for the Sirius mobile app, and it’s beautiful. I look forward to using it. However, I believe that Sirius might be overwhelming for new users as it introduces too many concepts that are irrelevant to most users.
I propose a basic wallet called “Gravity.”
The focus and narrative around Gravity are straightforward. It strips away all the complexities of the Network of Momentum. The message of the Gravity wallet is zero transaction fees for tokens with an emphasis on fiat-backed stablecoins.
The wallet will be very simple, and the design should be neutral but elegant. The main screen will have an account overview and a token list. Users will have the ability to send and receive funds, made easy with QR codes and an address book. That’s it—very simple.
There is only one thing the user needs to learn about this wallet: there are two states, the default Gravity state and the Zero Gravity state. When the Gravity wallet holds a QSR balance, it turns into Zero Gravity. Behind the scenes, the wallet automatically fuses QSR; the user doesn’t need to do anything. When the wallet is in Zero Gravity, the UI changes, is lifted, and the logo transforms.
The marketing and communication to new users are simple: Buy QSR and keep it in the wallet for Zero Gravity.
The initial market for this could be people in countries like Turkey, Venezuela, Argentina, Nigeria, etc., who transact a lot in stablecoins via EVM chains and tend towards those with the lowest fees. Ultimately, the target audience for this app is literally everybody in the world.
An appealing narrative could be the free and uncensorable nature of the wallet. I want the user to be able to download the app, open it, and be in it immediately. Unlike Metamask, where a user downloads the app and is greeted with terms of service agreements. Gravity has no terms of service, it provides egalitarian, free, and uncensorable access to the network.
What are some drawbacks or pain points of this idea?
- There are currently no stablecoins on the Network of Momentum, and bridged EVM coins provide a poor user experience. If users can’t buy ZTS stablecoins on exchanges and send them to their Gravity wallet via an address or QR code, then this wallet will struggle to find users.
- A QSR market. The point here is nearly the same as with the previous one. The user needs to be able to easily get QSR into their wallet.
- A embedded node. It would be most ideal if the app runs a light node that syncs with the zk proof in a matter of seconds. Connecting to public nodes will add a layer of complexity that this app is trying to remove.
I’m under a time constraint at the moment, so I’m not sure if I did a good job putting the idea to paper. But that is the basic idea of the Gravity wallet. Let me know what you guys think of it. Any ideas are welcome.