The Business: Swapup is a dapp that enables peer to peer digital asset trading for NFTs and Cryptocurrency. In the full build of the site users will be able to trade, rent, and host giveaways for NFTs and crypto using a secure escrow smart contract to handle transfer of assets. Swapup allows for the interactions of these transactions to happen in a trustless and user-friendly way, facilitating safe trades between users. MVP is currently in development, release planned for end of February, and incorporates the first interaction between users and their the ability to trade ERC721 and ERC1155 in any quantity. Swapup is going to be a tool that enables users to transact peer to peer in a trustless and verified manner for all types of digital goods and services, on multiple chains.

The Proposal: We would use the 1ETH grant to go build the communication layer for users. The build for this will use ENS domains and wallet addresses in order to facilitate this process. We do not want to custom develop this functionality ourselves but better yet use one of the readily available chat options other ENS members have created in order to facilitate this functionality. Using the grant money, we would pursue conversations with direct messaging-based chat solutions developed by the ENS community and implement a communication solution that helps compliment an ENS focused solution. We already have wireframes for the functionality and are ready to start development if grant is awarded. The funds would be used to pay designer, developer, and any other fees associated with the chosen platform.

ENS Value: Based on this functionality, we own the core ENS name swapup.eth, and plan on utilizing this to allow users to create subdomains in order to create their accounts and easily communicate with other users. This will provide revenue for both ENS and Swapup.

Links: The website is live, but updated code needs to be migrated in order to make it functional so feel free to use our dev site if you would like to try the tool. If you don’t have experience with the Goerli network, feel free to join our discord, get the Tester role, and review our testing instructions to be walked through how to test the dapp. Production Site: https://swapup.trade Test Site: https://swapup-dev.azurewebsites.net/ Business ENS: Swapup.eth

Thank you for your consideration and we look forward to utilizing ENS as core infrastructure to accomplish many of our goals.