[2510 Grant] Wecard. wearecrypto

Grants & Incentives
21

We appreciate the effort to bring a card experience to Rootstock. That said, the $155k request feels disproportionate to the KPIs presented. Most targets are test/QA or event metrics rather than on-chain adoption, so it’s hard to see a clear value add for the ecosystem at this stage.

We’re supportive of prioritizing the USDRIF integration as a primary milestone with a proportionate budget, as @DAOplomats suggested, and we echo the points raised by other delegates such as @Curia .

At this stage, we’re inclined not to support the proposal until it incorporates the feedback provided, adjusts the budget request and more clearly defines the value for the Rootstock ecosystem.

2 Likes
22

Thank you very much for the thoughtful feedback and for recognizing the long-term vision behind WƐCard. We truly appreciate the guidance on focusing our initial integration with Rootstock.

As mentioned in the Discourse thread, we have already shared some alternative milestone proposals with a narrower scope. Nevertheless, we fully take into account your recommendation to concentrate on a single, directly verifiable milestone with immediate technical application.

Accordingly, we will prepare and submit a revised proposal focused on delivering a clear Rootstock wallet flow and on-chain card top-up demonstration, as suggested.

Thank you again for your time and constructive input — we’re committed to aligning our next submission with these priorities.

2 Likes
23

Thank you for the valuable feedback and for taking the time to review our proposal in detail. We fully understand the concern regarding proportionality between the requested budget and the KPIs presented.

As noted, we are already working on a revised version of the proposal that incorporates all feedback received — including a clearer focus on the USDRIF integration as the primary milestone and an adjusted, more proportionate budget.

We also wish to highlight that WƐCard currently has 167 active users processing approximately $30,000 in monthly transaction volume. This growing base provides a strong foundation to validate real-world usage once the Rootstock integration is live.

We appreciate the constructive input from the delegates and DAOplomats, and we are committed to refining our proposal to deliver measurable on-chain value for the Rootstock ecosystem.

2 Likes
24

In line with the community’s feedback — particularly the recommendation to prioritize USDRIF integration, streamline the scope to a single, verifiable milestone, and adjust the budget proportionally — this updated proposal focuses on demonstrating a live, functional use case that connects Rootstock assets with real-world payments through WƐCard. This milestone presents something new: a tangible, user-facing implementation that brings Rootstock into everyday financial activity.

New Milestone 1 – Rootstock Wallet Flow and Card Top-Up Demonstration

Objective:
Deliver a public, verifiable demonstration of WƐCard operating on the Rootstock network — showing a complete user flow from wallet connection to on-chain top-up and real-world card spending. This will serve as the technical foundation for broader integration in future phases.

Scope:

  • Develop and deploy the Rootstock-compatible wallet module, enabling users to hold and send USDT/USDRIF/rBTC within the WƐCard app.

  • Integrate the card top-up function using Rootstock assets, allowing users to convert USDT/USDRIF/rBTC into a prepaid balance that can be spent through the existing VISA infrastructure.

  • Produce a public demo (video) illustrating :

    1. Wallet creation and balance verification on Rootstock.

    2. On-chain transaction confirming a top-up with USDT/USDRIF.

    3. Successful real-world payment using the topped-up card.

    4. Public hash of transactions realized during the videos/testings

Deliverables:

  • Three short demo videos showing the complete Rootstock wallet and card flow:

    1. Funding the card with Rootstock assets.

    2. Checking funds and balances within the WƐCard app.

    3. Executing a real-world purchase using the loaded card, including offline transaction capability demonstration.

  • Public summary post on Rootstock channels describing the integration results and key performance indicators (number of test users, transactions processed, etc.).

  • Internal compliance verification confirming issuer/BIN partner alignment and transaction traceability.

Expected Impact:

This milestone will validate the first end-to-end bridge between Rootstock assets and real-world spending, creating a tangible and measurable use case for USDT USDRIF and rBTC adoption. By focusing on a single, verifiable integration, we ensure transparency, proportional budgeting, and direct value to the Rootstock ecosystem — demonstrating that Rootstock assets can power practical financial tools used daily, even in offline environments.

Grant Request: USD 35,000

Estimated Duration of Development: 3 months

2 Likes
25

Hi @WeCard, thanks for the revised milestone 1 proposal. While it’s better than the previous iteration, we believe $35k ask is way higher than the expected ask for a milestone that only provides a demo and documentation.

We’d also like to ask why you believe that integrating Rootstock into your product improves your ultimate KPIs and how much impact you anticipate once all the milestones are complete and grants are provided, which should be justifiable from the Collective standpoint.

2 Likes
26

Thank you very much for your thoughtful feedback and for taking the time to review our updated milestone proposal in detail. We truly appreciate the constructive perspective and the opportunity to clarify the scope and impact of this first phase.

While the first milestone presentation include only a “demo,” the actual scope goes significantly beyond that. This deliverable represents a full production-level integration of Rootstock within the WƐCard infrastructure — including the deployment of a Rootstock-compatible wallet module, card top-up with USDT, USDRIF, and rBTC, and real transaction execution through the existing VISA network. The public video demonstration simply serves as transparent proof of completion and usability.

Regarding KPIs and measurable impact:
WƐCard currently has 172 active users across nine countries , processing approximately $30,000 in monthly transaction volume. Once Rootstock integration is completed, these users will immediately have the option to fund and spend directly from Rootstock assets, bringing on-chain activity to real-world payments. This provides an immediate and quantifiable base for adoption and network utility and it is not only a demo or proof of concept.

The relevance of this milestone also lies in its regional context — in South America, where banking access remains limited and stablecoins are widely used for daily spending, integrating Rootstock into a working prepaid card system represents a concrete step toward real-world DeFi usability.

As for the budget, we fully understand the importance of proportionality. The USD 35,000 request covers not only the demo itself, but the entire integration process — development, testing, Rootstock wallet implementation, compliance validation with the issuer/BIN partner, and backend infrastructure to maintain the service operationally. This is not a proof-of-concept, but rather a functional, user-facing implementation that can scale with future Rootstock milestones and funciontal instantly for older users of the card and for new users in the future.

We sincerely appreciate the community’s feedback and your continued engagement. It helps us refine the proposal to ensure it aligns with the DAO’s expectations while delivering measurable on-chain value and tangible adoption potential for Rootstock in emerging markets.

1 Like
27

Hello WeCard team,

I’m curious whether this milestone is meant to function as a standalone pilot, or if the plan is to later return to the Collective for follow-up grants covering things like marketing, events, or scaling. Having that context would help everyone understand whether this represents a smaller, self-contained experiment or more of a phased reorganization of the original multi-milestone plan.

As @Tane mentioned, the $35K ask still feels quite high for the current stage, especially for a first integration milestone focused mainly on development and compliance. Given that the platform already operates on Polygon, expanding that existing flow to Rootstock seems like a manageable step, mostly involving the use of bridges like LayerZero or Stargate and adapting what’s already built. With around 170 users and limited on-chain activity so far, it’s hard to see the cost-to-impact ratio as fully balanced right now, though that could shift once there’s clearer public proof of delivery (demo, docs, issuer/compliance info).

In general, the community tends to be more comfortable with smaller, verifiable milestones, typically around 10–15K per phase, not as a strict rule, but as a way to keep early pilots lean, measurable, and low-risk.

That said, it’s clear you’re iterating constructively and engaging in good faith, which really helps the process. I’d love to hear more voices from other delegates to round out the discussion.

2 Likes
28

Dear Kaf_StableLab,
Thank you once again for your valuable feedback and for fostering this constructive discussion. We truly appreciate the community’s engagement and want to provide some clarification based on your points.
Firstly, we’d like to clarify the scope of the proposed milestone. It is not primarily focused on development and compliance in isolation, but rather constitutes a complete, end-to-end development. The goal is to enable any user—both existing and new—to use the Rootstock network to transfer their USDT, USDRIF, and rBTC tokens to load their Visa card, replicating the seamless experience they currently have with Polygon.
This comprehensive scope was actually conceived in direct response to initial community feedback, which suggested moving beyond a simple demo or proof-of-concept and proceeding directly with a full, functional milestone for greater initial impact. Of course, future milestones could potentially focus on marketing and scaling once the core integration is live and proven.
That said, we fully understand and respect the community’s perspective on starting with smaller, more verifiable steps. The concerns regarding the budget and the desire for a lower-risk initial phase are well-taken.
Therefore, we have a question for the collective:
Would a less automated development be acceptable as a first milestone?
We are considering proposing a phased approach:
• First Milestone: Implement a “Load with Rootstock” button that, instead of being fully automated, relies on a periodic reconciliation process from our side. This would deliver the core functionality to users immediately but with a more manual backend process, significantly reducing the initial development complexity and cost. 20 k.
• Second Milestone: The full automation of the system, eliminating the need for manual reconciliation. 15 k.
This phased approach would allow for:
• A lower cost and risk for the first milestone.
• Delivering tangible value to the community faster by enabling Rootstock usage.
• Demonstrating our commitment and execution capability before proceeding with the investment in full automation.
We are iterating in good faith and believe this could be a excellent way to balance the community’s need for caution with our shared goal of expanding functionality. We would be happy to formalize this new two-milestone plan if it aligns better with the community’s vision.
We look forward to hearing your thoughts on this alternative and welcome more voices from other delegates to round out the discussion.

2 Likes
29

Thanks for the updated milestone suggestion. The direction is very good in our opinion. We’d ask further on a possibility that the first milestone focuses on the basic functionality and demo excluding the top-up function with 10k budget. Based on your suggestion, we assume that the top-up (“Load with Rootstock”) is the most critical, but challenging feature to be implemented, but if you can prove all other functions work without flaw, we would be comfortable approving the additional grants for the product completion.

We’d be interested in opinions from other delegates as well.

3 Likes
30

Thanks for the clarification. I appreciate the flexibility you’ve shown in adjusting the scope, the budget, and the idea of splitting things into phases. That kind of openness usually helps proposals land better within the Collective. From what I’ve seen across other grants, smaller and well-defined milestones tend to work naturally well: they make it easier to understand the value delivered at each step and allow the community to follow progress with clarity. The important part is ensuring each phase delivers meaningful and verifiable value, without breaking things into too many pieces.

1 Like
31

Thank you to the delegates for the continued engagement and thoughtful feedback. We understand the concerns around proportionality, scope, and clarity regarding what each phase of integration delivers. Based on this guidance, we are submitting a streamlined proposal composed of three clear, verifiable milestones, each producing measurable on-chain value for the Rootstock ecosystem.

As requested, the first two milestones avoid automation complexity and focus strictly on demonstrating functional user-facing flows. Only the third milestone introduces automated settlement, and its scope is clearly delineated. We believe this structure responds directly to community expectations while preserving the technical steps required for a real, production-ready Rootstock integration.

WƐCard currently serves 184 users across nine countries, offering a crypto-funded VISA prepaid card where users maintain custody until the moment of spending. Bringing Rootstock into this flow enables USDT, USDRIF, and rBTC in the future, to be used for real-world payments in Latin America and beyond — a region where card infrastructure is strong, but access to stable financial tools remains limited.

This proposal delivers a phased integration designed to maximize transparency, demonstrate real functionality early, and ensure that Rootstock becomes a viable network option for everyday commerce.

Milestone 1 — Rootstock Deposit Flow (Wallet Address + On-Chain Deposits)

Budget: USD 12,500

Estimated Duration: 6 weeks

Objective

Introduce Rootstock as a selectable network within WƐCard -polygon is currently the only one- and demonstrate successful USDT/USDRIF deposits into user-specific RSK addresses.

Scope

  • Add Rootstock network selection to the deposit

  • Add USDRif and USDT as token user can choose.

  • Generate and display unique Rootstock deposit addresses

  • Basic backend deposit monitoring (no top-up or conversion yet)

Deliverables

  • Demo video: selecting Rootstock, displaying deposit address, receiving USDT/USDRIF, showing on-chain hash

  • Rootstock visible and selectable

  • 3–4 successful verified test deposits with hashes

Milestone 2 — Manual Rootstock-to-VISA Top-Up & Real-World Purchase

Budget: USD 10,000

Estimated Duration: 6 weeks

Objective

Demonstrate real Rootstock-funded spending through a controlled semi automated process where deposits are converted and credited to VISA balances by the WƐCard team.

Scope

  • Receive deposits on Rootstock

  • Conversion of USDT/USDRIF into USD

  • Crediting to the VISA card balance

  • Execution of real-world purchases using the WƐCard VISA card

Deliverables

  • Three demo videos:

    1. Funding with Rootstock assets

    2. VISA balance credited

    3. Real-world POS purchase with receipt

  • Public on-chain hash of the original deposit

  • 2–3 successful Rootstock-funded card loadings

  • Verified receipts from real-world transactions

  • Deposit-to-credit time les than 24 hours

  • Rootstock funding option available to current users

Milestone 3 — Automated Rootstock-to-Card

Budget: USD 12,500

Estimated Duration: 8–10 weeks

Objective

Automate detection of Rootstock deposits, conversion of assets, and crediting of VISA balances, enabling a seamless production-ready flow.

Scope

  • Automated detection of Rootstock deposits

  • Automatic conversion of USDT/USDRIF to settlement stablecoin

  • Automatic transfer into the Polygon-based card funding wallet

  • Automatic VISA balance crediting

  • Reconciliation logs, error handling, and stability testing

Deliverables

  • Full automation demo video

  • Public on-chain hashes of automated flows

  • Reconciliation screenshots showing automated steps

  • 3 successful automated Rootstock-funded top-ups

  • Full rollout to the entire active user base

Total Development Timeline: 20–22 weeks

Value for the Rootstock Ecosystem

  • Enables RSK-native USDT, USDRIF, and prbably rBTC to be spent at millions of VISA merchants

  • Empowers Rootstock users with real-world utility, filling a major gap in Latin America

  • Extends Rootstock’s reach into several countries via the existing WƐCard user base

  • Provides a fully demonstrated case of Rootstock assets funding a real purchase

  • Supports Rootstock’s goal of everyday adoption, especially for stable-value transactions

1 Like
32

This updated version looks much clearer and more proportional. The phased approach makes more sense. Some questions that come up for me now, so we can properly verify M2 and M3 when the time comes, are:

  • Which entity is responsible for the card issuing and BIN sponsorship behind the VISA card?
  • How is the conversion from Rootstock assets (USDRIF/USDT) to the final VISA balance handled operationally?
  • Which bridge or swap solution do you plan to use for Rootstock → Polygon transfers?

This is simply to understand the operational flow.

3 Likes
33

Thanks @WeCard team for the update. As @Kaf_Anode stated, we also consider the new milestones are much better and proportional. Looking forward to the further updates and proposal.

1 Like
34

Thank you for the continued feedback and for recognizing the improvements in the new milestone structure. To address the operational questions:
Milestone 1. Card Issuer & BIN Sponsor
Our VISA program operates through BOC Credit Card (International) Ltd. (Bank of China, Hong Kong).
In parallel, we are advancing onboarding discussions with a local bank in Paraguay, which must remain undisclosed for now due to NDAs — but will create strong regional impact once publicly announced.
Milestone 2. Conversion Flow (USDT/USDRIF → VISA Balance)
On this milestone, our team will manually handle:

  • receiving Rootstock deposits
  • converting them to USD using our card issuer’s USD settlement account
  • crediting the VISA card
  • and demonstrating real-world purchases
    Milestone 3. introduces full automation of these same steps through our backend settlement engine.
    Bridge / Swap Strategy
    We are currently evaluating several bridging and liquidity solutions, with the final choice depending on cost, liquidity, slippage, and reliability observed during testing.
    Protocols under consideration include Symbiosis Finance, Sovryn, PowPeg, Flyover, and SushiSwap, individually or combined.
    We appreciate the support and are committed to delivering a Rootstock integration that enables real, everyday utility for users across Latin America.
2 Likes
35

Thank you @WeCard. I’ve been following along and agree with @Tane and @Kaf_Anode that your revised milestones are more clear and in line with the typical budget of Rootstock grantees.

I wanted to double click on this comment you made in your reply about evaluating partners for bridging and liquidity. This is of interest to the Collective as well — if you create any reports or dashboards that dig into the data, please share them. I’m tagging @tobyj who leads product.

3 Likes
36

Thank you for the message and for looping in the product team.
We agree that bridge and liquidity performance is a key topic. As we complete our testing, we’ll share our conclusions comparing liquidity, slippage, costs, and reliability across Symbiosis, Sovryn, PowPeg, Flyover, and SushiSwap.
Our goal is to select the most stable and efficient option for seamless card funding on Rootstock.
Thanks again for the support

3 Likes