Blockchain Partnerships

In a nutshell:

• A decentralized “Zapier for Web3” for on-, off- and cross-chain integration.
• Backed by Binance Labs S4, Near, Algorand, Flow, Cronos and Harmony
• Go-to-market focused on connecting DAOs and (d)App

Grindery Nexus dApp UI

Overview

Grindery is an early-stage, BinanceLabs S4 project with funding from Near, Algorand, Flow, Cronos and Harmony. Grindery Nexus is a “middleware for web3”. Think of a Zapier for web3. It's a decentralized system that can interact with smart contracts as well as web2 APIs. It allows to define workflows with time, state and event triggers to execute smart contracts as well as API (web2) transactions. In short, unified, seamless on-, off- and cross-chain integration. The main purpose of this system is to increase interoperability of dApps. We do this by allowing dApps to provide their users with DIY integration features.

High Level System Architecture

Grindery is focused delivering value to three types of users:

• Allow any user to easily configure their own integrations without using code. An example would be a user creating an email notification through Sendgrid whenever they receive a deposit in their wallet. A classical “Zapier for Web3”
  
• Allow developers to build integrations as secure self standing dApps for specific systems. An example would be a DAOHaus Boost that allows DAO members to submit payments requests via a Google form and then batch and pass them on-chain as a proposal to the DAO.
  
• Allow dApps to launch their own integration marketplaces. Pretty much what every major SaaS company does today. Just for Web3. Some existing web3 examples include Gnosis Safe dApps available inside the Gnosis Safe dApps.

Our experience in working with blockchain including Near, Algorand, Flow and Harmony have shown that blockchains have

1. in general a strong, natural interest in fostering the use of the dApps running on them. We help dApps to make dApps easier to use, increase in-app engagement and ultimately user retention.
   
2. specifically an interest to empower the DAO Frameworks running on their chains. This serves a need for their protocols and dApps to decentralize their organizations and not having to look to other blockchains to match that need.

We have two common ways of engaging with blockchains:

1. By creating a connector to their blockchain that allows users and dApp developers to trigger workflow and execute transactions on their chains. We work with the team of the blockchain to identify strategically important dApps/protocols (often DAO frameworks) and work together to produce the CDS, specific integration or integration marketplaces.
   
2. Implementing our token on their chain to allow users to pay in native tokens of the chain to pay for services, node services and gas of on-chain transactions. These collaborations are foreseen for Q1/Q2 2023 and we will work with the blockchain we already have relationships with at that time to take advantage of existing market dynamics and the network effect of connectors.

Additionally the Grindery team is still in the early stages of its token design and evaluating its own primary chain and the possibility to create its own.