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AltInvest

AltInvest is a fixed-yield investment platform. AltInvest connects Stablecoin investors with companies and provides fixed-income opportunities through invoice discounting.

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Built at Based India
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AltInvest

AltInvest is a fixed-yield investment platform. AltInvest connects Stablecoin investors with companies and provides fixed-income opportunities through invoice discounting.

Why are you participating for Based India?

am participating in Based India to launch my project in the Basecommunity. I want guidance from the Base community for further progress. I am using onramp and offramp by coinbase would ease the process of investing in invoice discounts on AltInvest.

What challenges are you focusing on?

Getting invoice sellers on board
Checking finance-health of invoice sellers
I researched around the platforms who do financial health check of companies and have shortlisted a few.

Challenges I ran into

Understanding the working of invoice-discounting
I researched around invoice discounting and the industry. I talked to crypto founders and understood their need for short-term cash.

Auditing the smart contracts and improving them
I used multiple platforms to get the audit score, turned out most of them were wrong. I talked to core smart contract developers and then used Slither for auditing my contracts for the first level.

Understanding in-app wallets and integrating onramp
I went through many protocols and applications. I read about pros and cons of the in-app wallets but since it’s necessary to onboard users who are not native to crypto, I integrated onramp and in-app wallets.

Additional Features

I added log in to the site with email and farcaster. This made the platform open to all instead of just crypto users.
I added the onramp functionality. Using this investors can purchase stable-coins hassle-free. It allows investors to do card transactions.

Cheer Project

Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.

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