Bolide app weekly update, February 05-11, 2024

Hey everyone,

The past week was very intense, and we uncovered a new market opportunity: simplified trading of meme tokens.

The key updates:

  1. Created a concept to make it easy for people to onramp fiat and buy meme coins - https://youtu.be/kPCbEwyWkIU?feature=shared

  2. Conducted 3 user interviews with a focus on meme trading - all of them confirmed the complexity of current solutions and expressed a high interest in timely information about memes to make early purchases.

  3. Building a Frame for memes market price predicting - our idea is to drop our own meme token to users with correct predictions. This frame will serve as a valuable user acquisition channel through the Farcaster audience into Bolide app.

  4. Having redeveloped Bolide AA using Pimlico as the key infrastructure tool; soon users will forget about network fees.

  5. Organizing a networking event dedicated to account abstraction (AA), social login, and 'building on Base' - 89 participants, all builders, have confirmed their attendance. We've also secured speakers such as the co-founder of Biconomy, Privy, and the founder of Pimlico. You can find the event page here:  https://lu.ma/yrglnqi6

Key Weekly Metrics:

  • Total Active users: 2.79K (+83 new users vs the previous week)

  • Completed 605 transactions to date in total.

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