In the crowded world of crypto startups, standing out often requires a pinch of boldness. Enter RampMeDaddy, a name that echoes the bold branding of domain registrar GoDaddy, while promising something completely different: seamless crypto transactions via Telegram.
What started as a hackathon project at Consensus 2024 has become Telegram’s first native memecoin wallet, ultimately aiming to make cryptocurrency transfers as simple as sending a text message (if you want to apply for the EasyA Hackathon at Consensus Hong Kong 2025). , please go here).
Co-founders Andrey Chabanov and Trevor Hoffman are not newcomers to the digital assets space. The duo previously worked as executives at iTrust Capital, a crypto IRA provider that they helped grow into a $1.3 billion company. RampMeDaddy, however, represents a step change in the type of users served. Moving from cautious retirement planners to the volatile world of memecoin traders could well test the duo’s expertise in risk management and user protection.
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Their solution leverages Telegram’s enormous global user base – more than a billion people – who are particularly adept in cryptography. According to Hoffman, around 84% of crypto users hold active Telegram accounts, making it an ideal launchpad for their peer-to-peer payment solution. The wallet allows users to buy, sell and trade memecoins while facilitating cross-border transactions using USDC on the Stellar blockchain.
“When you leave the United States, payments become much more complex,” explains Chabanov. “With Stellar Anchors, we can facilitate entry and exit to over 100 countries, making payments truly borderless.” The team chose Stellar for its speed, low transaction costs, and large anchor network, all of which align with its mission to democratize finance.
Security remains paramount, with the wallet incorporating biometric authentication and local key storage. Users can access their funds via Face ID or fingerprint verification, eliminating the need to manage seed phrases. If the device is lost, a Web2-style recovery process allows the wallet to be restored via email verification.
Since winning the hackathon, RampMeDaddy has entered into partnerships with the Stellar Foundation and Draper U Ventures, expanding their initial vision beyond just the rise of crypto. The seven-person team, including a former BNY Mellon compliance officer, is preparing to launch its wallet in January alongside a Telegram mini-game to raise user awareness.
Looking ahead, Chabanov and Hoffman envision RampMeDaddy becoming the leading digital wallet for borderless global payments. “In five to ten years, we aim to become a one-stop shop for digital identity and payments, all within Telegram and beyond,” Chabanov said. The team also plans to expand horizontally by integrating with multiple chains and DEXs, providing users with early access to memecoins while remaining focused on streamlined peer-to-peer transactions.
“When you’re away from home, cash is still king. But in our world, dad has a better way to pay,” says Chabanov. With over a billion Telegram users and the borderless promise of crypto, RampMeDaddy’s irreverent approach to traditional fintech might just be crazy enough to work.
