where-is-my-money

EdCon 2019 Hackathon Team: Mates

Problem

Funds, which are associated to one particular address, but are not in their respective ERC20 smart contract, are easly forgotten about. So far, there is no easy tracking possibility.

WIMM

What is WIMM not?

It's not another block exporer or transaction tracker. It's not doing blockchain analytics. It is not a wallet and a user cannot exchange tokens.

WIMM in short:

Where is my money? - Track your ERC20 token funds distributed accross smart contracts on the Ethereum Mainnet.

WIMM use cases

For liquid tokens (immediately spendable)

• ERC20 contracts (classic use case)
• Decentralized exchanges (deposited)
• Funding market maker (e.g. uniswap)

For illiquid/locked tokens

• Token locking for community tokens (e.g. GNO to obtain OWL)
• Bounty networks
• Auction processes (ENS / DutchX)
• Escrow services
• DeFi (decentralized lending, collateralized debt positions)
• Pre-scheduled / committed funds
• State channels
• Vested employee token plans
• DAO experiments (locking tokens for voting powers)
• Funding Prediction Market marketmaker

WIMM features

• For ERC20 tokens
• View by various address (EOA, smart contract address, ENS name) (for any user)
• Add new snippets (Dapps) (for technical user)
• Upvote / downvote snippets (Dapps)
• Claim liquid tokens (e.g. releases of token locks etc.)
• View pages of illiquid tokens

Value proposition

• Permissionless
• Community to be active which derives scalable (not dependent on centralized entity adding/whitelisting/accepting individual smart contracts)
• Release storage by users claiming amounts
• Missing piece of infrastructure
• WIMM to improve usability and help adoption
• Paying attention to smaller amounts!
• Problem magnifies with non upgradable smart contracts and updates to graphical user interfaces (as WIMM tracks balances of "outdated" contracts)

Add features

• Notifications when amounts become newly claimable (change from illiquid to liquid)
• Adding further token standards
• Feature to approve tokens to smart contract addresses and remove approval (important due to possible malicious smart contract upgrades)
• Adding Etherscan links to contracts
• Evolve into a smart contract standard via ERC
• Integration into wallets

References

Pitch slide deck