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SphereOne - Crypto payments across any chain with any token in 1-click | Product...

 1 year ago
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Crypto payments across any chain with any token in 1-click

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Hey Product Hunt! 👋

Thanks @pollock for hunting us!

My name is Christopher Ries, I’m a co-founder of SphereOne and we’re super excited to announce our initial product launch!

My co-founder @ryanmcnutt and I weren’t always working on cross-chain payments. Like most of you, we iterated to this current product shape.

At the time, users in Web3 didn’t have access to on-chain credit options so this inspired us to go build a buy-now-pay-later protocol for Web3. We demonstrated the technology at a Solana Hacker House, but most people liked that we offered users the ability to repay their loans with liquidity across different chains (e.g. Ethereum to Solana).

As we dug into the cross-chain infrastructure we found it to be too slow and difficult for your average consumer to navigate the multitude of steps to make payments across blockchains. Not to mention the billions in stolen customer assets due to bridge exploits from nation-state actors like the Lazarus Group. I took this personally since I had dealt with the Lazarus Group while working on the infamous 2014 Sony breach. Long story short, we pivoted from the buy-now-pay-later product and focused solely on streamlining cross-chain payments.

So what did we ship with this release and why does it move the needle?

⚡️ Use your crypto across other chains without the hassle of long wait times.

💰 View all of your currencies and digital collectibles in one place.

📱 Single payment interface that allows you to make crypto purchases with two-factor auth without having to recover your crypto wallets on other devices.

👨‍👩‍👧 Pay your friends and family, or merchants in crypto with their email address, phone number, username, or wallet address even if they aren’t a SphereOne user.

🛠 Deploy smart wallets on supported blockchains and never have to worry about having enough gas to pay for a transaction again.

🔗 Link your credit card, debit card, bank account, or existing wallets to consolidate your payment methods for crypto transactions.

With SphereOne, we want to use crypto payment rails and infrastructure to democratize access to financial tools that people in emerging countries wouldn’t otherwise have access to. Moreover, we want anyone to be able to use it regardless of their computer literacy skills.

**Download SphereOne on the App Store or Google Play Store today to be invited to our closed-beta**


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