fluidverse
Latest crypto updates from the fluidcoins team
Jan 10th , 2023
Agbakwuru Chisom
Research/ Crypto EducationA few months ago, Fluidcoins started with a very simple mission: to provide the best crypto/web3 payment experience and infrastructure for African SMEs and Fintechs. In that relatively short timeframe, we have spoken to and learned from a bunch of businesses while also rapidly improving our product offerings. It’s been five months since our public launch and we’re really excited to announce some of the improvements we have made.
Could we really call this a rebirth without a new website? Well, obviously not. We started Fluidcoins with the goal of building the crypto/web3 infrastructure of Africa. However, we’ve realized along the way that this transcends just payments. There’s a whole world of crypto-powered solutions for businesses and we’ve never been more excited to help businesses in Africa maximize these opportunities.
As a relatively new space being explored, our old website worked pretty well for us to launch our product beta and help businesses understand what we offered. Our new website, however, tells a more befitting story of how much we’ve grown in the last five months.
Our design and front-end engineering teams have given the website a much-needed facelift, which describes all our older and newer products in depth.
Want to have a look? Head over here.
We aim to be leaders in this space and the Fluidcoins checkout widget was our first shot at this. From the start, we’ve prioritized earning trust while providing the best user experience for our customers.
We wanted to up the game with our Checkout Widget’s redesign. Alongside its undeniable elegance, we added support for the Polygon Network and rolled out two noncustodial wallet integrations. The Fluidcoins checkout widget is now integrated with Metamask and WalletConnect. This means users can now make payments to Fluidcoins’ merchants from over 100+ compatible mobile wallets via WalletConnect.
You can read more on how to use the new Fluidcoins widget here.
The Fluidcoins dashboard is a central hub for all your crypto-related business transactions. A vital component of this rebuild was revamping the dashboard, which was one of the most time-consuming tasks in this project. A number of new features have been added to improve our merchant user experience.
We started off by reworking our payment links. Users are now able to create one-time payment links. Also, they can also add up to 5 different custom fields. Additionally, the dashboard redesign came with three new amazing features; Webhook Logs, a dedicated Crypto Address Page, and support for Stablecoin Swaps (You can read more on these here). This whole suite of features is available to all Fluidcoins businesses right now!
A new Fluidcoins come with newer products, and we haven’t held back on this. Here are our new products, along with a preview of what we will be launching in the coming months.
We recently announced the launch of Liquidity, a new product that aims to offer African businesses a point of entry into the Web3 space while extracting as much value from it as possible.
With Stablecoins liquidity, we are providing an easy route for businesses to convert their local currency ( e.g Naira ) to any supported Stablecoins ( USDC, USDT, BUSD ) and vice-versa at zero fees. You can learn more about how Stablecoins can give your business that extra boost in this article. Also, businesses interested in harnessing this feature can click here.
For crypto-native and non-crypto-native companies, navigating the crypto space could be quite complex. This is exactly why we built Wallet as a Service. With WaaS, you get to offer crypto-powered financial services/products to your customers with up to four different blockchain integrations.
Wallets as a Service allows you easily generate stablecoin addresses across 4 different blockchains, receive deposits on them at zero cost, and make USD payouts to international bank accounts or other crypto addresses. The possibilities are really endless. You can check out our documentation or alternatively read this article to know more.
Over the last few years, a very obvious win in the crypto space has been the persistent rise of decentralized finance (DeFi). DeFi is a newer and less discriminatory financial layer that can be accessed by anyone in the world. However, there has been a general consensus around the fact that the DeFi space could be quite difficult to comprehend for average users.
With Earn, we are striving to ensure African businesses don’t miss out on the potential of DeFi while also protecting them from risks and the persistent devaluation of the Naira. In the coming months, we will be launching Earn and helping businesses save their idle cash balances in Dollar Stablecoins with interest rates up to 10%. Click here to learn more.
Merchants these days undeniably need an online presence to grow their business. However, building a website isn’t something everyone is capable of doing. After accessing the needs of different merchants, we’ve realized that merchants are open to the idea of accepting crypto payments but currently have no easy means of doing so.
This thought process led to the creation of FluidShop. FluidShop aims to give merchants an enabling environment to create digital stores, sell their products online and receive payments with ease. We also haven’t limited FluidShop to just crypto payments. FluidShop also enables merchants to integrate and accept payment in fiat via already familiar payment processors like Flutterwave and Paystack.
FluidShop is something we’ve had in the works for a while now and we honestly can’t wait to share it with you.
It’s common knowledge that many people lose money when trading cryptocurrency. We’re trying out innovative ways to provide you value for your money without losing your funds. With Flip (which is powered by our APIs), you get daily accrued interest on your Stablecoins. You’re also not required to lock your cash up for any amount of time, meaning you can withdraw in Naira whenever you choose.
But that’s not all; Flip is more than just a simple DeFi savings platform. Users will be able to pay Fluidcoins Merchants directly from their mobile phones and also shop and spend online with crypto-powered virtual cards. Flip once again brings us closer to our goal of ushering Africa into the crypto economy and we can’t wait to share what we’ve been building with you. We will be releasing our beta later this month so keep an eye on us by joining the waitlist.
Don’t worry we haven’t spilled all the goodies. We still have a lot more exciting new products and features lined up for the rest of the year.
I think it’s safe to say the journey so far has been amazing. We’ve joined forces with some amazing partners over the last five months to provide African businesses with the best crypto-powered experiences we can offer. We look forward to creating more opportunities for African businesses as we expand and grow.
Namaste!!🙏