Hillrise Research
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Hillrise Research

Research Report — DePay

Published February 17, 2021.

Today we present our coverage of DePay, a name first debuted at the ETHOnline Hackathon in the second half of 2020 by founder Sebastian Pape as a “drop-in, all-in-all, anything-to-anything, crypto-payment solution”.

The project was ultimately shortlisted as a finalist among 170+ other entrants from this event.

DePay was created to be an uncomplicated and effective solution for crypto-payments, spurred on by the lacking applications of incumbents that don’t address this market in an effective way.

Their product suite will include several products including: payment processing and subscriptions, tokenized payroll, lending, token sales, swaps, a wallet product, and bespoke solutions for power users.

DePay’s token (DEPAY) has both utility and governance characteristics.

Hillrise Group supports ambitious Web3 startups with early-stage venture capital and fundamental research.

DePay is a drop-in, all-in-all, anything-to-anything, crypto-payment solution.

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