At Golix, we are committed to being the leading cryptocurrency exchange in Africa and we have achieved a lot in our short history.
We have operations in 7 African countries, namely, Zimbabwe, Uganda, Tanzania, Rwanda, Kenya, Cameroon and South Africa. We allow cryptocurrency to fiat conversions in those 7 countries that operate in and in terms of geographic reach and presence, Golix is Africa’s leading cryptocurrency exchange.
Golix was born out of the frustration from an inability to make online and/or cross-border payments. The cryptocurrency exchange therefore exists to give every person in Africa Financial Autonomy. We are also one of the oldest.
We have designed our hot and cold storage wallets to provide the highest level of security for all the 7 cryptocurrency projects we have listed today and this proposal outlines a patch of buildup and integration for Smartcash support within Golix’s expensive production offering.
Integrating with Golix will make it substantially easier for for anyone in any one of the seven countries that we operate in to buy and/or sell cryptocurrency with the local fiat. Our platform has processed over US $8 millon in cryptocurrency transactions to date and our throughout our existence (we have been live since September 2015) our volume has doubled every 3 months.
Besides the exchange, we also have a wallet service so another problem we solve is custodial services for customers who cannot store their cryptocurrency themselves.
Our API is used by tens of thousands of people (either directly or indirectly) not just in Africa, but all over the world. We also have a full time technical team ready to help onboard any new customers and that would like to programmatically integrate with Smartcash either via our API or directly to a Smartnode.
The compensation that Golix seeks will primarily be used to pay for the man hours required for full wallet integration. Most of our development team is based in Zimbabwe and South Africa but we employ the best people we can find on the continent who come from the leading companies in Africa. We therefore pay competitive salaries. Because we have top talent, we are confident we can make a significant enhancement on the UX for someone looking to buy and/or use Smartcash in any of the current markets we operate in as well as the future markets we are going to grow to.
The compensation is divided into three equal payments, tied to the completion of 3 major milestones described below:
MILESTONE # DELIVERABLE # DAYS
#1 Smartnode setup (both testnet & mainnet) 4
#2 Smartnode Fault Tolerance 3
#3 Hot & Cold Wallet Procedures 5
#4 API routes & API integration 7
#5 Explorer & Market Data 10
#6 Smartcash Deposits/Withdrawals 4
#7 Smartcash fee and fee estimation implementation 2
#8 Wallet Integration 1
#9 Integration against each fiat pair in 7 countries 1
#10 Integration against USDT 1
#11 Integration Testing on Testnet 2
#12 Full testing on testnet 2
#13 Deployment on main net 1