**Sargo: Buy, Sell, and Earn from Just $0.5 with Any Wallet**

Founders Celo Camp
, ,
1

Sargo.io [Batch 9]

Buy, Sell, and Earn from Just $0.5 with Any Wallet

Short Description

Welcome to Sargo, the future of peer-to-peer (P2P) cryptocurrency swaps. We’re revolutionising how you buy, sell, and earn stablecoins. With Sargo, you can start earning or make swaps for as little as $0.5, using the convenience and security of your favourite (non-custodial) wallets.

Long Description

What is Sargo.io?

Sargo.io is a decentralised application (dapp) designed to make P2P swaps fast, affordable, and accessible. Whether you use a Web2 wallet like M-Pesa or a Web3 wallet like MetaMask (and hopefully MiniPay), Sargo integrates seamlessly with your preferred wallet. Unlike traditional on/off ramps like MoonPay, Sargo offers swaps starting from just $0.5 with a minimal fee, split 50/50 between Sargo and the merchant fulfilling the swap.

Solving Key Problems

Opening the Micro-Swap and Earn Market:

Sargo enables micro-swaps and earnings from as little as $0.5, eliminating high fees for small stablecoin transactions.

Making P2P Swaps Accessible:

By integrating with trusted wallets like MetaMask and M-Pesa, Sargo makes P2P swaps accessible using both Web2 and Web3 wallets.

Simplifying P2P Transactions:

With our upcoming V2, Sargo will aggregate liquidity across thousands of non-custodial wallets, minimising custody risks and maximising efficiency.

Go-to-Market Strategy

  • Merchant Progression Model: Onboard merchants starting with marketplace postings, advancing to the Express Lane, and potentially becoming Super Merchants who manage other merchants and influence platform growth.

  • Driving Client Demand: Sargo integrates with popular wallets like MiniPay and financial institutions such as Equity Bank and I&M Bank to attract users and facilitate seamless stablecoin swaps.

  • Total Addressable Market: Sargo targets a multi-billion dollar global market, starting in Kenya, aiming for $750 million in annual swaps with a focus on affordable micro-swaps.

Incentives and Impact

  • Fast Response Bonus: Merchants earn $0.50 per swap for maintaining sub-1-minute response times.

  • Volume Targets: Merchants can earn a $100 weekly reward for reaching top swap volumes.

These incentives are designed to boost platform responsiveness, transaction volumes, and customer satisfaction, driving Sargo’s growth toward the $750 million annual swap target.

Technical Implementation

Sargo leverages the Celo blockchain for fast, secure, and low-cost stablecoin swaps, with integrations providing seamless on- and off-ramps.

Next Steps

  • Build & Test Liquidity and Merchant Network: Onboard and test with initial merchants to ensure platform stability and liquidity.

  • Launch MiniPay Pilot: Onboard merchants to validate platform functionality and user experience.

  • Implement Incentive Program: Roll out bonuses to drive merchant performance and platform growth.

  • Integrate with Key Partners: Finalise integrations with MiniPay and others.

  • Optimise Performance: Ensure sub-5-minute swap completion and sub-1-minute response times.

  • Scale Merchant Network: Increase active merchants by 30% quarterly.

How the Celo Community Can Get Involved

  • Become a Merchant: Start earning from every swap or set up a team of merchants to maximise earnings.

  • Start Buying/Selling: Use Sargo to easily and affordably trade stablecoins.

  • Contact Us: If your dapp needs a simple, cost-effective way to buy/sell stablecoins from $0.5 up, reach out to alesh@sargo.io.

Contact Information

Website: Sargo.io

Demo: Sargo Demo

X: @SargoSwap

2 Likes