Chain Partnerships

Last updated by Tim Delhaes 5 months ago

Blockchain Partnerships 

In a nutshell: 
 
A decentralized “ Zapier  for Web3” for on-, off- and cross-chain integration.  
Backed by  Binance  Labs S4,  Near ,  Algorand ,  Flow ,  Cronos  and  Harmony 
Go-to-market focused on connecting  DAOs  and (d)App  
 
 
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Grindery Nexus dApp UI  
 
 
 
Overview 
 
Grindery is an early-stage,  BinanceLabs  S4 project with funding from  Near ,  Algorand, Flow, Cronos  and  Harmony . Grindery  Nexus  is a “middleware for web3”. Think of a Zapier  for web3.  It's a decentralized system that can interact with smart contracts as well as web2 APIs. It allows to define workflows with time, state and event triggers to execute smart contracts as well as API (web2) transactions. In short, unified, seamless  on-, off- and cross-chain integration . The main purpose of this system is to increase  interoperability of dApps . We do this by allowing dApps to provide their users with  DIY integration features .  
 
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High Level System Architecture 
 
 
 
Grindery is focused delivering value to three types of users: 
 
Allow any  user  to easily configure their own integrations without using code. An example would be a user creating an email notification through Sendgrid whenever they receive a deposit in their wallet. A classical “Zapier for Web3”
 
Allow  developers  to build integrations as secure self standing dApps for specific systems. An example would be a DAOHaus Boost that allows DAO members to submit payments requests via a Google form and then batch and pass them on-chain as a proposal to the DAO.
 
Allow  dApps  to launch their own integration  marketplaces . Pretty much what every major SaaS company does today. Just for Web3. Some existing web3 examples include Gnosis Safe dApps available inside the Gnosis Safe dApps. 
 
 
Our experience in working with blockchain including  Near ,  Algorand, Flow  and  Harmony  have shown that blockchains have 
 
in general a  strong, natural interest in fostering the use of the dApps running on them. We help dApps to make dApps easier to use, increase in-app engagement and ultimately user retention.
 
specifically  an interest to empower the DAO Frameworks running on their chains. This serves a need for their protocols and dApps to decentralize their organizations and not having to look to other blockchains to match that need. 
 
We have two common ways of engaging with blockchains: 
 
By creating a connector to their blockchain that allows users and dApp developers to trigger workflow and execute transactions on their chains. We work with the team of the blockchain to identify strategically important dApps/protocols (often DAO frameworks) and work together to produce the CDS, specific integration or integration marketplaces.
 
Implementing our token on their chain to allow users to pay in native tokens of the chain to pay for services, node services and gas of on-chain transactions. These collaborations are foreseen for Q1/Q2 2023 and we will work with the blockchain we already have relationships with at that time to take advantage of existing market dynamics and the network effect of connectors. 
 
Additionally the Grindery team is still in the early stages of its token design and evaluating its own primary chain and the possibility to create its own. 
 
 
 
Refreshed On: Dec 07, 2022 17:19:45 UTC+00:00