Within the crowded world of crypto startups, standing out typically requires a splash of audacity. Enter RampMeDaddy, a reputation that echoes the daring branding of area registrar GoDaddy, whereas promising one thing completely completely different: seamless crypto transactions by way of Telegram.
What started as a hackathon undertaking at Consensus 2024 has developed into the primary Telegram-native memecoin pockets, aiming to ultimately make cryptocurrency transfers so simple as sending a textual content message (in the event you’d like to use for the EasyA Hackathon at Consensus Hong Kong 2025, please go right here).
Co-founders Andrey Chabanov and Trevor Hoffman aren’t newcomers to the digital property area. The duo beforehand labored as executives at iTrust Capital, a crypto IRA supplier that they helped scale right into a $1.3 billion firm. RampMeDaddy, nonetheless, represents a dramatic shift in the kind of customers served. Shifting from cautious retirement planners to the unstable world of memecoin merchants might effectively check the duo’s experience in threat administration and consumer safety.
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Their resolution leverages Telegram’s large international consumer base — over one billion robust — that’s significantly crypto-savvy. In line with Hoffman, roughly 84% of crypto customers keep lively Telegram accounts, making it a perfect launchpad for his or her peer-to-peer fee resolution. The pockets allows customers to purchase, promote and commerce memecoins whereas facilitating cross-border transactions utilizing USDC on the Stellar blockchain.
“Whenever you depart the U.S., funds turn into far more advanced,” explains Chabanov. “By Stellar anchors, we will facilitate on- and off-ramping in over 100 international locations, making funds actually borderless.” The crew selected Stellar for its velocity, low transaction prices and intensive anchor community, all of which align with their mission to democratize finance.
Safety stays paramount, with the pockets incorporating biometric authentication and native key storage. Customers can entry their funds by Face ID or fingerprint verification, eliminating the necessity for seed phrase administration. In case of system loss, a Web2-style restoration course of allows pockets restoration by way of e mail verification.
Since successful the hackathon, RampMeDaddy has secured partnerships with the Stellar Basis and Draper U Ventures, increasing their preliminary imaginative and prescient past easy crypto on-ramping. The seven-person crew, which features a former BNY Mellon compliance government, is making ready to launch its pockets in January alongside a Telegram mini-game to drive consumer consciousness.
Wanting forward, Chabanov and Hoffman envision RampMeDaddy changing into the main digital pockets for international, borderless funds. “In 5 to 10 years, we intention to be a one-stop store for digital id and funds, all inside Telegram and past,” Chabanov mentioned. The crew additionally plans to increase horizontally by integrating with a number of chains and DEXs, giving customers early entry to memecoins whereas sustaining their core give attention to simplified peer-to-peer transactions.
“Whenever you’re removed from house, money remains to be king. However in our world, Daddy’s obtained a greater technique to pay,” says Chabanov. With Telegram’s billion-plus customers and crypto’s borderless promise, RampMeDaddy’s irreverent method to conventional fintech may simply be loopy sufficient to work.
