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Web3 Wingman

Stay on-chain in any situation. Web3 Wingman is a unique digital insurance solution, allowing you to set automated transfers from your wallet to a chosen receiver on a specific date. Safeguard your assets and support your loved ones despite any circumstances.

Web3 Wingman

Created At

ETHGlobal Brussels

Project Description

Web3 Wingman is the ultimate safeguard and digital insurance for critical situations. Our service allows users to designate a specific amount of money from their wallet, choose a receiver, and set a future transfer date. If unforeseen circumstances prevent users from canceling the transfer, Web3 Wingman will automatically transfer funds.

How It Works:
• Connect through your Safe Wallet.
• Create a Backup: write a name for it, enter the receiver's wallet, select the amount of assets and date for the transfer to be executed.
• Edit or cancel your backup before the initiation date, if required.
• Web3 Wingman automatically sends the funds to your chosen receiver on the specified date.

For example, if you are planning a challenging expedition like climbing Everest, you can set a backup transfer to be executed in a few days. If something goes wrong and you won’t be able to get online and cancel, your designated recipient will receive the funds to aid in your search and rescue.

Other use cases:
• Development and Research: If you are a developer constantly exploring new chains and projects, set up a backup for your wallets to transfer assets after your research is complete.
• Business Trips: Professionals traveling to unstable regions for work can set transfers to colleagues or family members. If they are unable to communicate, the funds can be used to manage their situation or arrange for their return.
• Medical Procedures: If you have an upcoming surgery, set a backup transfer to ensure your family has funds to cover any unexpected medical expenses.
• Digital Inheritance: If something unexpected happens, your chosen recipient will receive the funds as part of your digital inheritance plan.
• Business Continuity: If you are a business owner, ensure seamless operations by setting up a transfer of business-related digital assets to partners or successors in case you become unavailable.

With Web3 Wingman, you can rest assured that your assets are protected and your loved ones are supported, even in the most unpredictable situations. Our service provides peace of mind and operates as a crucial layer of digital insurance for any scenario.

How it's Made

Web3 Wingman users need to have ERC-7579 smart accounts and login with Safe account.In case it is not ERC-7579 - connect with MetaMask first and then choose Safe wallet to use. The Safe walle type is possible to check in the account settings. Afterwards users access the Backup Tracking Dashboard to create or edit backups. It is required to specify the backup’s name, receiver address, a fixed amount or % of your balance, and an execution date. When the execution date arrives, the Web3 Wingman module on Safe initiates the recovery process and funds transfer to designated receivers.

Technologies Used:
• Safe: Implemented custom modules within Safe to handle various use cases.
• Rhinestone: Utilized a library that simplifies smart wallet integration development.
• Permissionless: Allowed us to create decentralized smart accounts without central authority enhancing user control.
• Pimlico: Utilized their bundler for interaction with ERC-4337 and their paymaster for sponsoring transactions.

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