Define Opportunity: Solution Exploration

Objective

Identify and evaluate multiple feasible solutions that address the systemic problem of crypto asset loss, before selecting a final project path aligned with long-term regenerative impact.

Problem Recap

Our Problem Statement:

Crypto users, particularly in Nigeria and other emerging markets, are losing digital assets at scale because existing self-custody solutions depend on fragile seed phrase management that lacks secure, human-friendly recovery, resulting in permanent financial loss and weakened trust in decentralized systems.

Link to Hypothesis:

This problem directly informs our hypothesis that removing fragile keyphrase dependency through a human-centered, self-custodial recovery vault can reduce systemic loss and expand meaningful participation in the blockchain economy.

Solution Brainstorming

Brainstorming Session Notes

Date: November 2025
Participants: Core K33P team
Duration: ~2 hours
Ideas generated: 5

The session marked a shift from viewing the challenge as a narrow security problem to recognizing it as a regenerative financial imperative, focused on preventing loss, restoring trust, and enabling continuity of wealth.

Solution Options

Solution Option 1: Secure Seed Phrase Manager

Description:

A highly encrypted digital vault for storing seed phrases and sensitive credentials, similar to a Web3-focused password manager.

How it addresses the problem:

Reduces unsafe practices like screenshots and paper storage by offering a more secure digital alternative.

Key Features:

End to End Encryption
Next-of-Kin (NOK) inheritance capability
Backup & restore
Basic access controls

Technology Stack:

Client-side encryption
Secure decentralized cloud storage
Mobile application (iOS/Android)

Pros:

✅ Easy to understand and adopt
✅ Quick to build
✅ Improves current unsafe behaviors

Cons:

❌ Still relies on seed phrases
❌ Does not solve recovery after loss
❌ Limited long-term impact

Feasibility Score: 9/10
Impact Score: 5/10
Innovation Score: 4/10

Solution Option 2: Account Abstraction Wallet Layer

Description:

A smart contract wallet layer that replaces seed phrases with social logins and relayers.

How it addresses the problem:

Removes the need for manual key management by abstracting wallet complexity.

Key Features:

Social login
Smart contract wallets
Gas abstraction
Recovery via guardians

Technology Stack:

Smart contracts
Account abstraction standards
Identity providers

Pros:

✅ Eliminates seed phrases entirely
✅ Strong usability improvements
✅ Modern Web3 architecture

Cons:

❌ High technical complexity
❌ Ecosystem and chain limitations
❌ Less flexible for Web2 assets

Feasibility Score: 6/10
Impact Score: 7/10
Innovation Score: 8/10

Solution Option 3: K33P – Regenerative Self-Custodial Digital Vault

Description:

A zero-trust, identity-bound, self-custodial digital vault for securely storing and recovering sensitive Web2 and Web3 assets, including seed phrases, documents, NFTs, and credentials, with built-in inheritance and crisis recovery.

How it addresses the problem:

K33P removes reliance on fragile seed phrase handling, introduces privacy-preserving recovery, and treats continuity of ownership as a foundational requirement rather than an afterthought.

Key Features:

Seedless, privacy-preserving recovery flows
Identity-bound self-custody (user-controlled)
Secure vault for Web2 & Web3 assets
Next-of-Kin (NOK) inheritance

Technology Stack:

Zero-trust encryption architecture (Midnight ZK)
Decentralized identity (DID)
Secure enclaves & cryptographic recovery

Pros:

✅ Solves both prevention and recovery
✅ Designed for real human behavior
✅ Regenerative, long-term ecosystem impact

Cons:

❌ Higher design and trust requirements
❌ More complex onboarding education
❌ Requires careful regulatory alignment

Feasibility Score: 8/10
Impact Score: 9/10
Innovation Score: 9/10

Evaluation Criteria

Scoring Matrix

Solution	Feasibility	Impact	Innovation	Total
Option 1	9/10	5/10	4/10	18/30
Option 2	6/10	7/10	8/10	21/30
Option 3	8/10	9/10	9/10	26/30

Evaluation Factors

Feasibility: Can it be built within the hackathon timeframe? YES
Impact: Does it meaningfully reduce loss and expand participation? YES
Innovation: Does it rethink self-custody using emerging approaches? YES

Selected Solution

Our Choice: K33P – Regenerative Self-Custodial Digital Vault

Reason for selection:

K33P best addresses the root cause of systemic asset loss by combining prevention, recovery, and continuity into a single human-centered infrastructure layer.

Key decision factors:

Addresses real economic damage observed in communities
Goes beyond security toward regeneration and restoration
Scales across Web2 and Web3 use cases

Trade-offs accepted:

Increased technical complexity
Slower initial onboarding

Mitigation strategies:

Progressive onboarding and education
Modular MVP focusing on core recovery flows

Implementation Roadmap

Phase 1: MVP (Hackathon)

Timeline: Hackathon duration

Features:

Vault setup (Create Account)
Identity-bound access (On-Chain Proof)
Create wallet/Store seed phrase

Phase 2: Enhancement

Timeline: Post-hackathon (short term)

Features:

Seedless recovery proof-of-concept
Next-of-Kin inheritance release
Manage KeepLock Update

Phase 3: Post-Hackathon Vision (Foundation & MVP Launch)

Timeline: Post-hackathon (Long term)

Features:

Launch K33P MVP on Android, and onboard first active users
K33P’s Trademark and patent applications filed
Conduct comprehensive security audits
Execute waitlist conversion campaigns

Next Steps

Document the journey and reflections: Journey Stories
Build and document final solution: Final Solution