In the crowded world of crypto startups, it often takes a touch of audacity to stand out. Enter RampMeDaddy, a name that echoes domain registrar GoDaddy’s bold branding while promising something completely different: seamless crypto transactions via Telegram.

What began as a hackathon project at Consensus 2024 has evolved into the first Telegram-native memecoin wallet that aims to eventually make cryptocurrency transfers as simple as sending a text message (if you’d like to apply about the EasyA Hackathon at Consensus Hong Kong 2025, please go here).

Co-founders Andrey Chabanov and Trevor Hoffman are not new to the field of digital assets. The duo previously worked as executives at iTrust Capital, a crypto-IRA provider that they helped scale into a $1.3 billion company. However, RampMeDaddy represents a dramatic shift 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 huge global user base – over a billion strong – which is particularly crypto-savvy. According to Hoffman, approximately 84% of crypto users maintain active Telegram accounts, making it an ideal starting point for their peer-to-peer payment solution. The wallet enables users to buy, sell and trade memecoins while facilitating cross-border transactions using USDC on the Stellar blockchain.

“Once you leave the US, payments become much more complex,” explains Chabanov. “Through Stellar anchors, we can facilitate on- and off-ramping in over 100 countries, making payments truly borderless.” The team chose Stellar for its speed, low transaction costs, and extensive anchor network, all of which align with their mission to democratize finance.

Security is still top of mind, with the wallet featuring biometric authentication and local key storage. Users can access their funds through Face ID or fingerprint verification, eliminating the need for seed phrase management. In case of device loss, a Web2-style recovery process enables wallet recovery via email verification.

Since winning the hackathon, RampMeDaddy has secured partnerships with the Stellar Foundation and Draper U Ventures, expanding their original vision beyond simple crypto-on-ramping. The seven-person team, which includes a former BNY Mellon compliance chief, is preparing to launch its wallet in January alongside a Telegram mini-game to drive user awareness.

Looking ahead, Chabanov and Hoffman envision RampMeDaddy becoming the leading digital wallet for global, borderless payments. “In five to ten years, we aim to be 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, giving users early access to memecoins while maintaining their core focus on simplified peer-to-peer transactions.

“When you’re far from home, cash is still king. But in our world, dad has a better way to pay,” says Chabanov. With Telegram’s multi-billion users and crypto’s limitless promise, RampMeDaddy’s irreverent approach to traditional fintech might just be crazy enough to work.