All - Activity - julianmoonluna - Algorand

Confío: Web2-to-Algorand Consumer Onboarding Infrastructure (LATAM)

Additional material update since the original proposal submission:

A meaningful amount of execution has happened since filing this proposal, so sharing three concrete updates relevant to xGov evaluation:

  1. Koywe integration is now live (major dependency removed) Confío now supports local currency.

Thank you for your support, @emg110!

Why cUSD (Confío Dollar) instead of using USDC directly?

Three reasons:

  1. Branding and user trust. Our target users generally do not distinguish between USDT and USDC at the brand level. Since we are already doing the work of user education, we would…

Thanks — sharing a few representative Algorand mainnet examples below.

As this is a retroactive proposal...

Instead, here is a transparent update on progress over the past ~1.5 months.

  1. User growth and demand validation Confío has grown from 5,500+ to 6,661 phone-complete users.

Confío xGov proposal — close to quorum, need final votes

Our proposal already has strong majority support, but we are slightly short on quorum. If you’re an xGov participant, your vote can directly decide the outcome. Vote here (1 min):

Hi, thank you for the deep dive into the repo and the thoughtful questions!

I love these technical and historical inquiries. Let me walk you through exactly why and how we built this.

  1. Why cUSD (Confío Dollar) instead of direct USDC? Three reasons:
  2. Branding — our target users don’t distinguish.