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Roadmap ​

Phase 1 — MVP ✅ built ​

FeatureStatus
Email registration, verification, password reset✅
Custodial Stellar wallet, deposit (QR), withdraw, activity✅
BVN/NIN verification (Smile ID + manual review)✅
Buy/sell order board with filters and expiry✅
Per-trade escrow lock, release, cancel, auto-refund✅
Realtime trade chat with payment proof✅
Completed trades, completion rate, verified badge✅
Admin: overview, users, KYC review, trade monitoring✅
Reconciliation of uncertain Stellar outcomes✅
Phone OTP verification⏳ phone number stored, OTP not yet

Phase 2 — Trust & safety ​

  • Dispute system: raise a dispute, admin review of chat and proof, admin release or refund
  • Star ratings and short reviews after trades
  • Two-factor authentication (authenticator apps)
  • Email and push notifications for trade events
  • Platform analytics charts for admins
  • External Stellar wallet connections
  • Mobile UI polish

Phase 3 — Scale ​

  • Partial order fills
  • Live XLM/NGN market-rate pricing (fixed or % from market)
  • Edit, extend and bulk-manage orders
  • Leaderboards and referrals
  • Cash / in-person trades for high-trust users
  • Appeal window for dispute outcomes
  • Native mobile app (React Native)

Open questions ​

  • Platform fee model, if any
  • When to move from custodial to non-custodial by default
  • Final KYC provider choice (Smile ID, Dojah or Prembly)
  • Support for other Stellar assets such as USDC
  • Final minimum and maximum trade sizes
  • Admin-set reference rates

Nexlm is a peer-to-peer facilitator and never holds customer Naira.