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Decaf Wallet is Launched! For everyday people and real-life utility.

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Note: The original post on Medium can be seen here

We launched the Decaf Wallet!

The Decaf Wallet is for everyday people and real life utility. The easiest way to spend, save and send digital dollars in a non-custodial wallet.

We have launched the Decaf Wallet for everyday people and real-life utility!

Why did we create the Decaf Wallet?

Decentralized café (coffee in Spanish) aka Decaf started as the idea to be able to buy coffee with crypto. However, not just coffee — but to be able to pay for everyday things in the “real world” — like food or drinks at a restaurant, cafe, or even groceries.

We saw a real need for blockchain to provide solutions for payments, banking, and remittances. It’s needed globally, but especially in places like where we lived — in Latin America — the continent with the highest growth of crypto usage. A place where high inflation, currency devaluation, and poor financial accessibility exist. It drove the core idea that blockchain can provide more inclusive and fair banking and payment rails.

Decaf ☕ on Twitter: "1/ 🧵Every corner store, restaurant, and cafe will become a Western Union (with less fees).Imagine being able to walk into a venue where you ask to top up your wallet with #USDC. You give them cash, and get stablecoins to your wallet instantly. No bank needed. pic.twitter.com/nCWIrwgmGJ / Twitter"

1/ 🧵Every corner store, restaurant, and cafe will become a Western Union (with less fees).Imagine being able to walk into a venue where you ask to top up your wallet with #USDC. You give them cash, and get stablecoins to your wallet instantly. No bank needed. pic.twitter.com/nCWIrwgmGJ

Today, we are powering Solana Pay and USDC transactions at Solana Spaces with our Point of Sales and beginning to work with other early adopter merchants to help them accept crypto.

After seeing the initial launch of the Decaf POS it became apparent to us that current crypto wallets were not focused enough on the everyday person. They were too difficult with seed phrases to login (taking around 15 minutes), gas fees, protocols, complex and expensive fiat ramps, and lacking focus on real-world withutility and payments.

So, in line with our mission of accessibility and utility of crypto, we decided to build one. Here it is; the Decaf Wallet — built for everyday people and real-life utility.

Our goal is three-fold:

  • Easy (the user experience removes the “crypto-ness” from crypto, the user doesn’t need to know what blockchain it is on or see the protocol, it just needs to be a great way to spend, save, and send).
  • Inclusive On/off ramps (how to get to and from fiat. “Give cash, get crypto” at physical stores like Moneygram. Or seamless linking to bank accounts with low or no fees and friction - more coming soon).
  • Yield/Earn (holding digital dollars can be life-changing in a place where inflation and local currency devaluation can decimate your life savings opportunity for growth. Additionally, offering one-click solutions to earn yield and grow their wealth allows people to thrive — more on this soon).

This means we strive for easy onboarding, better fiat-crypto on and off ramps, saving/yield options, and frictionless sending of digital dollars.

People will save money on remittances, cut middlemen out on purchases, and open up access to saving digital dollar value. This will be how crypto moves from speculative value to having real-life utility value.

Decaf Starter Packs — seamlessly onboard to crypto

To kick things off we are offering new users a Decaf Starter Pack. The easiest way to on-ramp into crypto.

The Decaf Starter Pack allows anyone to onboard into crypto in less than 60 seconds through a single link. It gives you an Early Access NFT (and #Breakpoint2022 Special Edition Decaf x MonkeDAO Digital Collectible) AND complimentary USDC to get you started! So now you can spend, save, and send your digital dollars.

This is how you get a Decaf Starter Pack

What do you get in the Decaf Starter Pack?

  1. An early access community NFT

2. USDC (digital dollars). You can spend at Solana Spaces and get a 50% discount on most products.

3. Onboarded to the Decaf Wallet!

It is essentially the quickest and easiest on-ramp to crypto ever. You could allow anyone to be onboarded to crypto in less than 1 minute.

Now you have USDC and the Decaf Wallet. What can you do?

Here is a video of the full customer flow of our onramp, wallet and PoS at Solana Spaces pop-up at Breakpoint in Portugal.

Sam on Twitter: "Are people really building on @circle and using $USDC?? I decided to share my unofficial behind the scenes hunt to see how our community is using our services!Watch as I connected with Rick, co-founder of @Decaf_so at #SolanaBreakpoint to see what they're up to 👀👀 pic.twitter.com/Bfxdv4kTj8 / Twitter"

Are people really building on @circle and using $USDC?? I decided to share my unofficial behind the scenes hunt to see how our community is using our services!Watch as I connected with Rick, co-founder of @Decaf_so at #SolanaBreakpoint to see what they're up to 👀👀 pic.twitter.com/Bfxdv4kTj8

What are the key features that make the wallet different?

1. Login with social media (non-custodial web3 wallet, with web2 familiar experience).

https://medium.com/media/bf3bdc730a6f7301dfb49b40cc5bb65b/href

Even though it looks like a regular web2 login. This is how we keep it non-custodial. They are still your keys, therefore you have complete secure ownership and control of crypto/funds. How crypto was supposed to be.

2. Sending multiple tokens + NFTs in a single shareable link.

Decaf ☕ on Twitter: "1/ This is the new way to send money to your friends and family!Send $USDC (by @Circlepay), other tokens and NFTs all within a single shareable link! Then, it can be redeemed by just one click! 👏🏽#DecafWallet pic.twitter.com/lG0UqztbZ3 / Twitter"

1/ This is the new way to send money to your friends and family!Send $USDC (by @Circlepay), other tokens and NFTs all within a single shareable link! Then, it can be redeemed by just one click! 👏🏽#DecafWallet pic.twitter.com/lG0UqztbZ3

3. Easy & automatic onboarding to the wallet via deep links.With

Decaf ☕ on Twitter: "1/ Here is how you onboard your mom into crypto in less than a minute!In this video the user receives a @WhatsApp message containing $USDC, Tokens, and an #NFT - all in a link. This is a Crypto Starter Pack. In one click, anyone can receive the contents. pic.twitter.com/G6dpEc6xIK / Twitter"

1/ Here is how you onboard your mom into crypto in less than a minute!In this video the user receives a @WhatsApp message containing $USDC, Tokens, and an #NFT - all in a link. This is a Crypto Starter Pack. In one click, anyone can receive the contents. pic.twitter.com/G6dpEc6xIK

4. Decaf Chat (Crypto Wallet to Wallet), powered by Dialect.

https://medium.com/media/ec1360a85cbe50c55fa77eec48f22a83/href

5. Receipts from Solana Pay delivered in chat.

Scott paying with Solana Pay and getting receipts in the Decaf Wallet

What is coming next?

1. Access to MoneyGram’s 400k locations in 197 countries. You can on/off ramp with USDC <> Cash. Zero fees. Take a look:

Decaf ☕ on Twitter: "1/ Here is @FerOrduna28 getting Mexican Pesos at @Tiendas_OXXO from her $USDC in Puerto Escondido, Mexico!You can now onboard to USDC and also cash out at any of the 350k MoneyGram locations worldwide! This is a thread of the real impact potential that blockchain has. 🧵👇 pic.twitter.com/tBEZnCArgS / Twitter"

1/ Here is @FerOrduna28 getting Mexican Pesos at @Tiendas_OXXO from her $USDC in Puerto Escondido, Mexico!You can now onboard to USDC and also cash out at any of the 350k MoneyGram locations worldwide! This is a thread of the real impact potential that blockchain has. 🧵👇 pic.twitter.com/tBEZnCArgS

2. Gas-less transactions (automatic fee-paying — like what we have on the Decaf PoS).

3. One click earning/yield (more on this soon — stay tuned).

4. More on/off ramps (cheaper and easier).

Try it yourself

So there it is! The Decaf Wallet — for everyday people and real-life utility.

Try it for yourself by buying a Decaf Starter Pack → https://www.decaf.so/wallet/nft-starter-pack