BaseWave
Frictionless, Decentralized Recurring Payments for Builders
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About
The problem it solves Recurring Payments: Traditional blockchain transactions are one-time events. BaseWave enables automatic, recurring payments for subscriptions, memberships, and ongoing services in the decentralized ecosystem. Cash Flow Management: For Web3 businesses and creators, BaseWave provides a reliable way to establish steady revenue streams, improving financial planning and sustainability. User Experience: It simplifies the process of setting up and managing recurring payments for both businesses and customers, reducing friction in the Web3 economy. Smart Contract Automation: BaseWave leverages smart contracts to automate the entire subscription process, reducing the need for manual intervention and increasing transparency.
How it's made
Challenges we ran into Designing efficient smart contracts that could handle recurring payments while minimizing gas fees was complex. We iterated through multiple designs, eventually implementing a batching system to reduce transaction costs.