Within the crowded world of crypto startups, standing out typically requires a touch of audacity. Enter RampMeDaddy, a reputation that echoes the daring branding of area registrar GoDaddy, whereas promising one thing totally completely different: seamless crypto transactions by way of Telegram.
What started as a hackathon venture at Consensus 2024 has advanced 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 belongings house. 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, nevertheless, represents a dramatic shift in the kind of customers served. Transferring from cautious retirement planners to the unstable world of memecoin merchants may effectively check the duo’s experience in danger administration and consumer safety.
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Their answer leverages Telegram’s huge international consumer base — over one billion robust — that’s significantly crypto-savvy. In response to Hoffman, roughly 84% of crypto customers preserve lively Telegram accounts, making it a super launchpad for his or her peer-to-peer fee answer. The pockets allows customers to purchase, promote and commerce memecoins whereas facilitating cross-border transactions utilizing USDC on the Stellar blockchain.
“While you depart the U.S., funds turn out to be rather more complicated,” explains Chabanov. “Via Stellar anchors, we are able to facilitate on- and off-ramping in over 100 nations, making funds actually borderless.” The staff selected Stellar for its pace, 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 via 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 electronic 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 staff, which features a former BNY Mellon compliance government, is getting ready to launch its pockets in January alongside a Telegram mini-game to drive consumer consciousness.
Trying forward, Chabanov and Hoffman envision RampMeDaddy turning into the main digital pockets for international, borderless funds. “In 5 to 10 years, we purpose to be a one-stop store for digital id and funds, all inside Telegram and past,” Chabanov stated. The staff additionally plans to broaden 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.
“While you’re removed from house, money continues to be king. However in our world, Daddy’s acquired a greater strategy 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.
