C

Coinshift

www.coinshift.xyz link_icon

Company Research Report: Coinshift



1. Company Overview



Name


Coinshift Inc.

Mission of the Company


Coinshift simplifies treasury operations for crypto organizations.

Founding Information


When was the company founded: No information is available
By whom: No information is available

Key People in the Company


  • Stefan George, Co-founder & CTO of Gnosis DAO


Headquarters


Location: No information is available

Number of Employees


No information is available

Revenue of the Company


No information is available

What is the Company Known For


Coinshift is known for its ability to consolidate multiple Safes across networks into one unified dashboard, providing cash flow reporting and portfolio history to enhance transparency and operational efficiency in on-chain treasury management.

2. Products



General Overview


Coinshift offers a platform focused on on-chain payments, invoicing, and accounting, particularly for crypto organizations.

Detailed Product Information


Unified Dashboard


  • Description: A centralized platform to manage payments and generate financial reports across multiple accounts and chains.

  • Key Features:

  • Network Support: Supports Ethereum, Polygon, BNB, Optimism, Avalanche, Arbitrum, Gnosis.

  • Safe Integration: Self-custody assets using a secure multisig solution.

  • Coming Soon Features:

  • Wallet Tracking

  • Smart Contract Tracking


Payments


  • Description: Simplifies the process of payroll, grants, and expense payments.

  • Key Features:

  • Mass Payouts: Ability to pay up to 150 addresses in multiple tokens in a single transaction.

  • Stream Payouts: Automate payments with money streams, allowing payments by the second.

  • Coming Soon: Recurring Payments for simplified payroll scheduling.


Reporting


  • Description: Provides accurate and auditable reporting for real-time insights into treasury health, financial reports, and increased transparency.

  • Key Features:

  • Portfolio Tracking: Real-time and historical token balances in USD.

  • Cash Flow Analysis: Tracks all transactions by custom labels, tokens, accounts, and more.

  • Coming Soon: Accounting Integration to sync data with Quickbooks, Xero, etc.


More Features


  • Contacts: An organization-level address book to save time and reduce errors.

  • Off-chain Proposals: Reduce transaction management time and costly errors.

  • dApps Interaction: Enables interactions like swap, bridge, liquidity provision, borrowing, and voting directly from Gnosis Safes.

  • Track NFTs: Monitor entire NFT portfolios across multiple treasury accounts and networks.

  • Notifications: Receive alerts for transaction activities.

  • Invite Members: Allow any wallet address to view the dashboard and propose transactions.


3. Recent Developments



New Products Launched


No information is available

New Features Added to Existing Products


  • Base Integration: Added support for Base network to enhance cross-chain capabilities.


New Partnerships


The company has several investment backers and partners, including:
  • Polygon: Backed by Sandeep Nailwal

  • FalconX: Backed by Prabhakar Reddy

  • OpenSea: Supported by Shiva Rajaraman

  • Airbnb: Supported by Lenny Rachitsky


Testimonials and Case Studies


  • UNI Grants Program, Kenneth Ng: Coinshift has been essential in managing frequent disbursements and grantee tracking, providing both time and cost savings.

  • Instadapp, Samyak Jain (Co-Founder): Praises the mass and streaming payouts features for ease and simplicity.

  • Pudgy Penguins, Lorenzo (CTO): Commends the intuitive interface and its contribution to operational efficiency and DAO governance.

  • Perpetual Protocol, Yenwen Feng (Co-Founder): Highlights the ease from transaction initiation to accounting.

  • Biconomy, Arshita Khetan (CFO): Appreciates user feedback-driven feature improvements.

  • EarthFund, Adam Boalt (Co-Founder): Values the partnership focusing on UX and usability in crypto.

  • Zapper, Marc-Antoine Proulx (Operations Lead): Benefits greatly from the mass payout feature for payroll.

  • Prime DAO, Luuk (Strategy): Excited about cash flow reporting and Web2 accounting tool integrations.

  • Idle, Biaf (Head of Finance): Recognizes the tool's ability to anticipate user needs and its strategic importance in Web3 reporting.

  • Gamma Strategies, Brian (Core Contributor): Finds mass payout feature essential for payroll.




This concludes the structured and detailed research report on Coinshift.