Legacy by Legacy Labs - guarding crypto/digital asset owners from potential permanent loss of assets.
Project Name: Legacy Project Track: DeFi Team Name: Legacy Labs Team Member(s): @Saheed , @Chuks , @Temitope . [Team of 3] DevPost URL: Legacy | Devpost Project Goal: Legacy aims to reduce the annual volume of lost decentralised/digital assets due to death or misplacement of wallets. Project Info: Legacy Pitch Deck.pdf.pdf (5.5 MB) Project Website: Legacy Project Test Instructions:
Project Details: In the vast and ever growing crypto/digital space where users lose their key-phrases, passwords, and every other accessibility means to their crypto assets. Legacy is a decentralised application solution built to automatically transfer crypto assets to a next of kin, or secondary wallet after an elapsed period of set dormancy. Hence, users never get to lose their crypto assets even after they lose their key-phrase/private-key and can no longer retrieve it.
LEGACY is different from PECUNIA in the sense that LEGACY aims to prevent permanent lose of funds(specifically ERC20 tokens) by Blockchain users due to death, lose of private keys etc. While from PECUNIA summary, it’s tokenizes real estate as NFTs which can be inherited.
LEGACY however is not limited to only one token, all your ERC20 tokens can be inherited by your next of kin!