Seviipay is a SAAS startup I launched in Summer 2021. The idea was to bring best in class UI/UX to native cryptocurrency payments. Basically the stripe of cryptocurrency payments. The MVP worked on mobile and desktop just for Ethereum. I did a few product discovery calls without getting any buyers.. Eventually the project kind of stalled and I moved on to other projects.
The big thing here was motivation. My motivation for leaving my job was not Seviipay. The idea for Seviipay just came up at a time when I was really motivated to get out. Handling burnout and starting a business at the same time is not a great idea.
Another issue with Seviipay and solo-bootstrapping in general is that you need a lot of skills to get a functional business working. Sales, Accounting, product, UI/UX, marketing, etc. I did not have enough of those skills at the beginning of the project to make it work. There is a reason startups usually launch with a product founder and a sales founder.
One other weakness of Seviipay or me I guess is that I do not have web design skills. And I have struggled to make Seviipay visually appealing. I am a written word guy so if I thought of a product that was cli only I would build it.
What is next for Seviipay
Seviipay is on hiatus for now. I’ve gotten a new software job and am getting up to speed for that. Also working with some friends on helping start up an agency. The next thing I need to do is hire a web developer to help with the UI and team up with a sales person to get a real sales process going.
I’m also going to look into how I can make Seviipay a real Web3 business. Right now its a cryptocurrency SAAS that relies on Web 2.0 to join the blockchain with the old school internet.