Research Report — DePay
Published February 17, 2021.
Today we present our coverage of DePay, a name first debuted at the ETHOnline Hackathon in the second half of 2020 by founder Sebastian Pape as a “drop-in, all-in-all, anything-to-anything, crypto-payment solution”.
The project was ultimately shortlisted as a finalist among 170+ other entrants from this event.
DePay was created to be an uncomplicated and effective solution for crypto-payments, spurred on by the lacking applications of incumbents that don’t address this market in an effective way.
Their product suite will include several products including: payment processing and subscriptions, tokenized payroll, lending, token sales, swaps, a wallet product, and bespoke solutions for power users.
DePay’s token (DEPAY) has both utility and governance characteristics.
Hillrise Capital is an independent research and advisory firm exclusively focused on early-stage blockchain startups and crypto-assets.
DePay is a drop-in, all-in-all, anything-to-anything, crypto-payment solution.
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