Key Focus

THAT is built around one core principle: practical, real-world utility for people who independently wish to use digital assets. To support this, we focus on three foundational pillars.

1. SIMPLE

Technical jargon, confusing wallets and a steep learning curve continue to deter mass adoption.

THAT is designed to be intuitive and user-friendly from the ground up. The THAT application provides a non-custodial interface for creating and managing wallets, viewing balances and history, and preparing on-chain transactions. It is intended for people who do not want to become blockchain experts, but who want a straightforward way to hold and use digital assets under their own control.

2. SPENDABLE

Many digital assets see limited use outside trading environments, and users often struggle to find places where they can use them in practical contexts.

THAT is developed with a view to supporting real-world use where independent businesses decide to accept digital assets. The application may include discovery features that help users identify participating merchants and prepare transactions to those merchants’ on-chain addresses. These transactions are standard transfers on public blockchains that users could also initiate using other compatible non-custodial wallets; the THAT app is intended only as a user interface to help construct and sign those transfers under the user’s control.

The Company does not guarantee that any particular merchant will accept THAT, does not operate a closed-loop scheme, and does not intermediate, clear or settle transactions between users and merchants. Any decision to accept THAT (or other digital assets) is made solely by each merchant, and any transfer of value occurs directly between the customer’s and merchant’s wallets on public blockchains, not through any account, stored-value balance or payment facility operated by the Company.

In a world where digital assets are widely accepted by independent businesses, people will be able to transact directly on open networks, without intermediaries, rather than relying on traditional payment rails.

3. COST-EFFECTIVE

High network fees can make digital asset transfers impractical, particularly for small purchases.

THAT is designed to be deployable on multiple blockchain networks so that users can choose networks that typically offer faster confirmation and lower average fees. While transaction costs are ultimately determined by the underlying networks and can fluctuate over time, the project aims to support networks that make the everyday use of digital assets more cost-effective for both users and merchants who choose to transact with them.

By focusing on simplicity, real-world relevance and cost-effectiveness, THAT seeks to reduce some of the practical barriers that have limited the broader use of digital assets to date.