PayVaultWeb3

Insure your Web3 gigs against rugs – pooled protection for freelancers

Score: 7.8/10MZMedium BuildReady to Spawn
Brand Colors

The Opportunity

Problem

Web3 freelancers are left unpaid after months of work when crypto projects fail or rug pull.

Solution

PayVault creates a community insurance pool where freelancers contribute small fees per project. If a client rugs, approved claims pay out from the pool based on proof of work. Risk scoring predicts safe projects upfront.

Target Audience

Freelancers building for web3 and crypto projects

Differentiator

Decentralized insurance pool governed by freelancers, with AI risk analysis on project wallets

Brand Voice

supportive

Features

Project Risk Scan

must-have18h

Analyze client wallet/project for rug risk before accepting gig

Insurance Enrollment

must-have10h

Enroll project into pool with small % fee

Proof Submission

must-have12h

Upload deliverables and tx proofs for claims

Claim Voting

must-have20h

Community votes on valid claims via wallet signatures

Payout Automation

must-have15h

Auto-distribute from pool to approved claims

Pool Dashboard

nice-to-have8h

View pool health, contributions, payouts

Reputation Scores

nice-to-have10h

Track client/freelancer reps for better matching

Alerts

nice-to-have6h

Notifications for high-risk projects

Total Build Time: 99 hours

Database Schema

users

ColumnTypeNullable
iduuidNo
emailtextYes
wallet_addresstextNo
balanceintNo

Relationships:

  • one-to-many insured_projects

insured_projects

ColumnTypeNullable
iduuidNo
user_iduuidNo
client_wallettextNo
coverage_amountintNo
risk_scoreintNo
statustextNo

Relationships:

  • belongs to users, one-to-one claims

claims

ColumnTypeNullable
iduuidNo
project_iduuidNo
proof_urltextNo
votes_yesintNo
payout_amountintYes
approvedboolNo

Relationships:

  • belongs to insured_projects

pool

ColumnTypeNullable
iduuidNo
total_fundsintNo
updated_attimestampNo

API Endpoints

POST
/api/risk-scan

Scan wallet/project risk

🔒 Auth Required
POST
/api/projects/enroll

Enroll in insurance

🔒 Auth Required
POST
/api/claims

Submit claim

🔒 Auth Required
POST
/api/claims/:id/vote

Vote on claim

🔒 Auth Required
GET
/api/pool

Get pool stats

Tech Stack

Frontend
Next.js 14 + Tailwind + shadcn/ui + wagmi
Backend
Next.js API + Supabase
Database
Supabase Postgres
Auth
Supabase Auth
Payments
Stripe + on-ramp
Hosting
Vercel
Additional Tools
ethers.jsDune Analytics API

Build Timeline

Week 1: Auth, DB, risk scan

20h
  • User model
  • Risk API stub
  • DB setup

Week 2: Enrollment and claims

25h
  • Enroll flow
  • Claims CRUD

Week 3: Voting and payouts

25h
  • Vote logic
  • Pool management

Week 4: UI and web3

20h
  • Dashboards
  • Wallet sigs

Week 5: Polish and test

15h
  • Payments
  • E2E tests

Week 6: Risk AI integration

10h
  • Real risk data
  • Landing
Total Timeline: 6 weeks • 140 hours

Pricing Tiers

Free

$0/mo

1 project/mo

  • Risk scans
  • Basic claims

Pro

$30/mo

5 projects/mo

  • Unlimited scans
  • Priority voting
  • Higher coverage

Enterprise

$99/mo

Unlimited

  • All Pro + Custom coverage
  • API
  • Pool governance

Revenue Projections

MonthUsersConversionMRRARR
Month 1404%$48$576
Month 62508%$600$7,200

Unit Economics

$35
CAC
$300
LTV
6%
Churn
88%
Margin
LTV:CAC Ratio: 8.6xExcellent!

Landing Page Copy

Insure Against Web3 Rug Pulls – Pool Power for Freelancers

Community-backed coverage pays you when projects fail – scan risks free.

Feature Highlights

Wallet risk scoring
Fast community claims
Payout guarantees
Low fees
Governance rights on Enterprise

Social Proof (Placeholders)

"'Got 80% back from a dead project!' – Jordan, Dev"
"'Risk scans saved me time.' – Mia, Marketer"

First Three Customers

Run Twitter poll on web3 freelance rugs, offer free Pro to first 50 respondents. Join Telegram groups like Web3 Jobs, provide free scans for shoutouts. Target LinkedIn web3 freelancers with rug stories.

Launch Channels

Product Huntr/forhireTwitter #CryptoJobsWeb3 Discords

SEO Keywords

web3 freelance insurancerug pull payment protectioncrypto gig insuranceweb3 project risk scanner

Competitive Analysis

Nexus Mutual

nexusmutual.io
Variable premiums
Strength

Smart contract cover

Weakness

Not freelance-focused

Our Advantage

Tailored for gigs with community voting

🏰 Moat Strategy

Data moat from risk scans and claim history for better predictions

⏰ Why Now?

Bear market rugs peaking, freelancers seeking stability amid volatility

Risks & Mitigation

financialhigh severity

Pool insolvency

Mitigation

Cap coverage, reinsurance partners

technicalmedium severity

Vote manipulation

Mitigation

Quadratic voting, sybil resistance

Validation Roadmap

pre-build5 days

Survey 30 freelancers on willingness to pay fees

Success: 50% yes at 1% premium

mvp35 days

Seed pool, test 10 claims

Success: 90% approval rate

Pivot Options

  • General crypto insurance
  • Freelance reputation platform

Quick Stats

Build Time
140h
Target MRR (6 mo)
$800
Market Size
$750.0M
Features
8
Database Tables
4
API Endpoints
5