๐Ÿค˜Welcome to BalloonDogs

Introduction

Who are we?

We are a seasoned team rooted in distributed systems, DeFi, and decentralized stacks. Our journey through the decentralized landscape has filled us with an innate curiosity about the missing pieces for scaling the next wave of user migration from Web2 to Web3. Our shared passion for driving the transition inspires us to contribute with an authentic Web3 proposal in the Intents space.

BalloonDogs is set to evolve Web3 interactions by integrating user Intents with Account Abstraction to scale the Intent UX with a decentralized solution we call the decentralized algorithm.

Our Journey

Balloondogs began by researching the emerging intent standards, and we found them short of realizing a comprehensive Web3 Intents vision. We identified old relics from the Web2 era undermining the decentralized potential in expressed Intent solutions.

These models, which we term 'relics' are live Intent solutions where the solver operations are centralized and permissioned, contrasting sharply with the decentralized ethos the Web3 community expects and embraces. Notably, these relics rely on user contracts that necessitate blanket approvals for asset transfers from users' wallets, a mechanism born out of necessity due to their lack of delegation support. This approach, reminiscent of Web2 methodologies, starkly undermines the autonomy and trustless interaction that are hallmarks of a decentralized Web3 framework, illustrating a clear area for innovation and improvement.

Founded on the belief that a Web3 vision for Intents was yet to be fully realized, we embarked on a quest to fill the decentralization and UX gaps. Marked by rigorous on-chain data analysis and the successful validation of our core concepts through a Proof of Concept (PoC), we are moving forward to the next stepsโ€ฆ

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The next blockchain bull run: User Intents paving the way for mass adoption

Leveraging Account Abstraction for Intents

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