Askardex Acquisition Opportunity: Non-Custodial Wallet & Approved Featured App on the Canton Network

Askardex Acquisition Opportunity: Non-Custodial Wallet & Approved Featured App on the Canton Network

Hello everyone,

My name is Irpan, the founder of Askardex. I am writing to openly announce that Askardex is currently available for acquisition by interested buyers, investors, or strategic partners—either through a full business takeover or an asset and technology purchase.

For those unfamiliar, Askardex is a non-custodial digital wallet running live in production on the Canton Network mainnet. We are also an officially approved Featured App within the Canton ecosystem.

Our mobile application is built with Flutter, allowing a single codebase to serve both Android and iOS platforms. The Android app is already live and operational on the Google Play Store. The tech stack includes a Node.js backend, DAML smart contracts for atomic transfers, single and multi-use gift cards, and our Lucky Gift feature.

Beyond the wallet app, the acquisition package covers two Canton validator environments (validator-1 for the Featured App status and validator-2 designated for the DEX), a prototype DEX built on an automated market maker, the askardex.com web portal, and ProgressHub—a fully built engagement and rewards engine that is ready to be switched on.

Why we are offering this opportunity:
Building Askardex involved continuously adjusting our operating plan as the network’s tokenomics, mechanisms, timelines, and participation requirements evolved. Our main hurdle has been managing the complex technical operations while scaling strong business relationships and strategic partnerships effectively.

We also carry a loan obligation through Cashen with a 5.25% APR, which was utilized to satisfy the 5 million Canton Coin lock requirement necessary to secure and maintain the Featured App status. Balancing ongoing operational costs, loan servicing, and network changes is the primary reason we are seeking a new owner with greater capital capacity and operational bandwidth.

We offer two acquisition structures:

1. Full Business Acquisition:
   The buyer acquires 100% of the company entity, brand assets, Play Store app, and Featured App status. Under this option, transferring the Featured App status requires direct coordination with the Canton Network Foundation as well as assuming the Cashen loan obligation.

2. Standalone Asset and Source Code Purchase:
   The buyer acquires the codebase (mobile app, backend, DAML smart contracts) and intellectual property without taking over the registered legal entity. This structure is ideal for teams seeking to integrate our technology into their own stack without inheriting existing loan liabilities or Featured App obligations.

We have not set a fixed asking price, as we are currently evaluating incoming expressions of interest. We remain open to negotiating valuation and transaction structures that work best for both sides.

If you are interested in discussing details, scheduling a demo, or conducting technical due diligence, please reach out directly via DM or email at irpan@askardex.com.

Thank you.