Product Overview
TinqFi is a decentralized digital assets management platform for Africans & unbanked nations that allows users to easily access DeFi tools and manage all their digital assets with advanced features to maximize every market cycle and retain full ownership and the true value of their idle assets. with the implementation/integration of Stellar blockchain on completion of SCF #27, TinqFi is building a robust and secure digital assets infrastructure on a reliable blockchain[Stellar] which will revolutionize the digital assets landscape across the African region making it seamless for web3/crypto enthusiast to save, invest, borrow and buy crypto

Service[1]: Crypto Loans[Collateralised Loans on Stellar]
TinqFi instant crypto-backed loans will help users retain the true value of their idle assets for long-term holders to maintain their market positions and access instant liquidity to solve pressing needs. users will have to have collateral assets in their wallet on TinqFi to enable them to access the instant crypto loan services.
How it works

• User deposits crypto to his wallet on TinqFi
• User select collateral assets and get instant liquidity of collateral in stellar-based USDC
• User repays loan [USDC] at the end of loan duration. collateral is instantly transferred back to the user's wallet.

Service[2]: Stellar-based wallet with multiple assets function
Integrating stellar wallet SDK into the TinqFi project will allow us to build a robust ecosystem around our wallet functions. users will have a stellar-based wallet on sign-up and will be able to deposit/withdraw assets meeting all stellar SEPs standards.

How it works

• User creates an account on TinqFi
• Create a stellar wallet with multiple assets
• User can deposit/send/withdraw crypto using their wallet address

Service[3]: Savings
TinqFi save is a seamless service for Africans to hedge against high inflation rates rampaging the nations. due to poor economic decisions by most African leaders, investors/individuals within the continent constantly need a more secure and decentralized means of protecting their assets. TinqFi savings will enable users to save in [USDC]  which is a more stable currency than their local fiat currencies and earn yield. it would be possible on TinqFi by Anchor Integration[LINK] to enable NGNC/USDC on/off ramping alongside Ghana [GHSC] and others which will come in as we scale.

How it works

• User sign-up and complete basic profile.
• Deposit funds NGNC/USDC [facilitated by LINK]
• Select a Fixed or Flexible saving Plan
• start accumulating yield. 

TinqLab Technologies is Africa's best blockchain-focused technology supplier and a major player in the region's fintech business. TinqFi is powered by a company that has created products used by millions of people all over the world and we believe with our expertise and strength gathered from web3 industry involvements over the years we have a solid group of experienced individuals who make up the TinqFi team.

Founder[1]:
Elijah co-founded/CEO of TinqFi and has built a fortune in his impressive flagging career in Fintech/Web3 till date, as a season crypto enthusiast and a key figure in crypto/web3 space around the African region, with over 8 years of experience working with multiple successful crypto projects as an advisor, blockchain solution provider through TinqLab Technologies who is a leading BaaS solution provider in Africa. Also, Elijah has managed over $800k for private clients globally and is a computer science and business development major.
Linkedin:https://www.linkedin.com/in/elijah-ifeanyi/ 

Twitter: https://twitter.com/ElijahTinqLab

Founder[2]:
Jerry is the Co-founder/CTO of TinqFi. A very seasoned developer with vast knowledge in the Blockchain and Fintech industry having worked in major banks across Nigeria with over 7 years of experience under his belt and currently leading software development teams in China.
Linkedin:https://www.linkedin.com/in/jerry-ifeanyi/ 

Twitter: https://twitter.com/JerryWebman

[Deliverable 1]

• Landing Page
• User onboarding/Authentication
• Email Service Integration

Brief description

Landing Page - This step includes development and deployment of our new and Improved Web application.

User onboarding/ Authentication - This step includes the Signup, Recover Account, Sign in, Change Password and Integrating Stellar Wallet SDK with SEP-0030.

Email Service Integration - Integrating with Brevo will enable us to verify user information during the onboarding, new device logins, and wallet activities .

How to measure completion

• Measuring the project completion will require us to meet and satisfy our seven(7) string approach which is:
  Gathering customer feedback, ensuring budget compliance, meeting schedule development requirements, team satisfaction internal{TinqFi} & External[SCF], Establishment of effective communication channels with SCF, utilizing the right project traction methods making sure it is a team effort[internal] and lastly using checklist and milestone to determine progress.

Estimated date of completion

3 weeks

Budget

$10,000

[Deliverable 2]

• Anchor Integrations(on/off ramp, KYC)
• KYC 
• TinqFI Collateralized Loan services Development on Stellar 

Brief description

Anchor Integrations(on/off ramp, KYC) -  This will enable USD<>USDC deposits using LINK Services.

KYC - Customer verification using IdentityPass verification services. 

TinqFI Collateralized Loan Services Development - Provides users with services to get collateralized loans on their stellar account. Integrating SEP-0024,SEP-0012 & SEP-0010.

Estimated date of completion

2 weeks

Budget

$8,400

[Deliverable 3]

• TinqFI Savings Services Development
• TinqFI Admin Dashboard V1 development and deployment.
• Full system Testing

Brief description

TinqFI Savings Services Development - Provides user access to save into on chain stablecoin[USDC] and earn yield.

TinqFI Admin Dashboard V1 development and deployment. 

System testing.

Estimated date of completion

3 weeks

Budget

$10,700

Phase 1  Duration = 3 weeks  Cost = $10,700

• Landing Page (Duration = 7days assigned to = Research & Development Team priority= High)
• User onboarding/Authentication (Duration = 9 days assigned to = Research & Development Team priority= High)
• Email Service Integration (Duration = 5 days assigned to = Development Team priority= High)
   

Phase 2   Duration = 2 weeks  Cost = $8,400

• Anchor Integrations(on/off ramp) (Duration = 4days assigned to = Development Team priority= High)
• KYC (Duration = 5days assigned to = Development Team priority= High)
• TinqFI Collateralised Loan services Development on Stellar (Duration = 5days assigned to = Development Team priority= High)
   

Phase 3 Duration = 4 weeks  Cost = $10,700

• TinqFI Savings Services Development (Duration = 9days assigned to = Development Team priority= High)
• TinqFI Admin Dashboard V1 development and deployment. (Duration = 14days assigned to = Development Team priority= High)
• Full system Testing (Duration = 5days assigned to = TinqFi Team priority= High)
   

Phase 4 . (Post SCF Fund)
Apply and activate AWS credit packages for early-stage startups.
Subscribe and activate all Third-party service for one year
Customer Acquisition: Hit 20,000 active users in the first year.
Source for additional funding to sustain the project.(Google Black founders, Outlier Ventures, Fuel Ventures, Expert Dojo, and any other suitable Venture capital we are currently in talks with.)
Develop and implement strategies to retain and gain customer trust.