Let's start with some history:

Bitcoin was the first cryptocurrency. Launched in 2009, for the first time it enabled the secure decentralised storage and transfer of value, independent of the global financial system. It changed the world.

Ethereum added the ability to run packets of code on the blockchain in the form of smart contracts - logic which could irrevocably govern how transfers of crypto value take place. It changed the world again and enabled decentralised finance - Ethereum's killer app. For the first time ever complex B2C and B2B financial transactions could take place in a pure, permissionless meritocracy.

The Internet Computer, an entirely new blockchain concept developed by the DFINITY Foundation, launched in 2021 and once again changed the world. Two particular innovations make Daemoney a reality:

1. The Internet Computer vastly expands on smart contracts, enabling enterprise-level code to run and massive amounts of data stored on-chain in completely decentralised, cost-effective 'canisters'. Daemoney harnesses this capability to provide the entire front- and back-end web checkout system, as well as all the logic to implement the treasury functionality, entirely on the blockchain.

2. The Internet Computer can sign transactions on the BTC and ETH networks using chain-key cryptography. This enables Daemoney's groundbreaking automated treasury functionality, and the ability to settle payments in the merchant's preferred asset.

Together, these two innovations make Daemoney possible for the first time in history, and make Daemoney a great candidate for Internet Computer's killer app. We are perfectly positioned to harness this exciting opportunity.