Minimum Viable Product ( MVP )
Introduction
MirrorWallet is a next-generation crypto wallet designed to simplify and enhance the user experience in the Web3 ecosystem. Unlike traditional wallets, MirrorWallet focuses on security, accessibility, and interoperability while integrating advanced features such as biometric authentication, P2P subscriptions, cold wallet mode, and gasless transactions.
This document outlines the Minimum Viable Product (MVP) for MirrorWallet, detailing its core functionalities and a Figma prototype to visualize the user experience.
1. Core Features for MVP
1.1 Non-Custodial Wallet with Biometric Authentication
Access only via Face ID or Fingerprint, eliminating the need for seed phrases.
Secure cloud-based encryption for backup and multi-device synchronization.
Social Recovery Mechanism to regain access through trusted contacts.
1.2 Multi-Wallet Aggregation
Users can connect multiple wallets (MetaMask, Trust Wallet, Ledger, etc.) and monitor all assets in one interface.
Cross-chain compatibility without manual network switching (EVM, Solana, Aptos, Sui, etc.).
1.3 Custom Handles Instead of Wallet Addresses
Users can register a custom handle (@username) instead of a long alphanumeric wallet address.
ENS, Unstoppable Domains, and native system compatibility.
1.4 Gasless Transactions & Smart Payment Options
Transactions on supported blockchains (zkSync, Base, Starknet) without gas fees.
Option to pay gas with stablecoins (USDC, USDT).
Users can earn free gas by completing tasks such as staking or referrals.
1.5 Cold Wallet Mode (Air-Gapped Transactions)
Offline "Cold Mode" that disconnects the device from the internet for secure signing.
Transactions are signed offline via QR code or USB transfer and then sent using an online device.
Secure Enclave (iOS) / TEE (Android) for maximum private key security.
1.6 P2P Subscription Payment System
Users can pay for services (Netflix, Spotify, Amazon Prime) using crypto.
MirrorWallet automatically converts crypto to fiat and processes the payment.
Two models:
Direct Fiat Payment: MirrorWallet handles everything.
P2P Marketplace: Users match with others who pay subscriptions for them in exchange for crypto.
1.7 In-App DeFi & Trading Features
Auto-Swap at the Best Price: Aggregates rates from DEXs like 1inch and ParaSwap.
Staking & Yield Farming in-app: Direct staking without third-party DEXs.
Auto-Portfolio Balancer: AI-based recommendations for asset rebalancing.
1.8 On-Ramp & Off-Ramp for Crypto-Fiat Transactions
Direct purchase and sale of crypto via MoonPay, Ramp, Transak integration.
Users can convert crypto to fiat and send it to a bank account instantly.
2. MVP Scope & Prioritization
High-Priority MVP Features (Phase 1)
Biometric Authentication for Access Custom Handles for Wallet Addresses Multi-Wallet Aggregation Basic P2P Subscription System (Direct Fiat Payment Model) Gasless Transactions on Supported Chains On-Ramp & Off-Ramp Integration
Mid-Priority Features (Phase 2)
Cold Wallet Mode
P2P Subscription Marketplace Model
AI Assistant for Portfolio Management
NFT & RWA Wallet Integration
Low-Priority Features (Future Iterations)
Social Trading & Copy Wallet
On-Chain Messaging
Group Wallets (Multi-Signature)
3. Figma Prototype
A Figma prototype will be created to illustrate the MVP user flow and interface. Key screens include:
3.1 Wallet Creation & Login
Face ID / Fingerprint Authentication
Username registration instead of wallet addresses
Multi-wallet connection screen
3.2 Home Dashboard
Aggregated wallet balances across multiple chains.
Recent transactions and price trends.
3.3 Crypto Transactions
Send & receive assets using @username handles.
Gasless transactions & alternative payment options.
3.4 P2P Subscription Payments
Select a service (Netflix, Spotify, etc.).
Choose crypto for payment.
Review & confirm automatic monthly deductions.
3.5 On-Ramp & Off-Ramp
Buy crypto with a credit/debit card.
Sell crypto and withdraw fiat to a bank account.
4. Tech Stack
Blockchain & Wallet Infrastructure
Ethereum & EVM Chains: web3.js, ethers.js
Solana: @solana/web3.js
Smart Contracts: Solidity for EVM chains, Rust for Solana
Security & Authentication
Secure Enclave (iOS) / TEE (Android)
Cloud backup with end-to-end encryption
MPC (Multi-Party Computation) for key recovery
Frontend & Backend
Frontend: React Native (for iOS & Android)
Backend: Node.js + Firebase for notifications and user management
Figma for UI/UX design
5. Conclusion
The MVP version of MirrorWallet focuses on security, accessibility, and real-world crypto usability. With biometric authentication, multi-wallet aggregation, and a P2P subscription system, it differentiates itself from traditional wallets by offering an all-in-one Web3 financial experience.
This MVP will serve as a foundation to test market interest, attract early adopters, and gather feedback for future iterations.
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