Project Overview:
FinTax is a Web3 crypto asset financial and tax management software designed to enhance the user experience within the Pundi AIFX ecosystem. With FinTax, users can easily import data from the Pundi AIFX chain, streamlining financial management and tax reporting. Additionally, FinTax will contribute valuable financial and tax data resources to the community (by the TaxDAO community), supporting ecosystem growth.
FinTax not only simplifies complex crypto asset management processes but also provides tax compliance solutions that adhere to the regulations of major global jurisdictions. With an intuitive user interface and upcoming AI-powered interactive features, we aim to deliver a seamless tax filing experience for Function X ecosystem users.
GitHub Repository for Application: FunctionX-EGF/applications/inquiry_proposal_applicants/FinTax.md at main · Kuroi-Sakuya/FunctionX-EGF · GitHub
Details:
- The project name: FINTAX
- Summary of your project and how it would help our ecosystem: FinTax is a Web3 crypto asset financial and tax management platform that will enhance the Pundi AIFX ecosystem by (1) helping users import data from the Pundi AIFX chain for streamlined financial management and tax reporting, and (2) contributing our accumulated financial and tax content as valuable data resources for the community.
- Team Name: FINTAX TEAM
- Payment address (fx address, 0x address - Specify network and currency): 0x3D28D2667880f79D10A4F63726FA087c70dE758d
- The level of amount you are requesting for? Level 1,2, 3, 4: Level 3, $50,000 help to develop FinTax system and start marketing.
- Category your project belongs to: Off-chain apps - General apps
If you’re inquiring as an individual, you can just give your own name (this doesn’t need to be a legal name at this point - we just want to know what name you’d like us to use when we get in touch).
Project Description
FinTax provides professional crypto asset financial and tax management services to users worldwide. As the principal of TaxDAO, FinTax has secured angel investments from industry leaders and leading institutions and is currently undergoing Seed-round financing. FinTax is a professional web3 crypto assets financial and tax management software tailored for both corporate and individual clients. With FinTax, users can import mainstream wallets and exchanges with just one click, and generate comprehensive crypto asset financial reports within minutes. With a few simple clicks, users can also produce tax reports and calculation papers compliant with major global jurisdictions, meeting all crypto financial and tax management needs.
Details:
- Stage of your project (just an idea, already in progress, proof of concept or prototype) FinTax software for individuals currently supports tax filing for the U.S., Canada, Japan, South Korea, Australia, New Zealand, Hong Kong, and Singapore. In Q1 2025, we will initiate R&D on an AI-based semantic analysis and intelligent Q&A feature, allowing users to generate tax reports through natural language interaction with the system. The FinTax enterprise version currently serves over 30 leading project clients.
- Main goals and planned approach We aim to integrate Pundi AIFX by securely and anonymously transferring data from the Pundi AIFX chain to the FinTax system, allowing users to easily generate financial reports. Additionally, we will contribute valuable financial and tax data to the Pundi AIFX ecosystem through the TaxDAO community.
- Online resources
Website: www.fintax.tech
Twitter: x.com
Telegram: Telegram: Contact @TaxDAOEN
LinkedIn: FinTax Technology Limited | LinkedIn
Analysis report subscription: TaxDAO Analysis Weekly
TaxDAO community: www.thetaxdao.com
Address: 1 RAFFLES PLACE #21-01 ONE RAFFLES PLACE SINGAPORE
- UI components & core function designWe will load our UI pictures soon.
- This is the deployed UI design for FinTax. The platform’s comprehensive functionality spans various essential services, including seamless data import from both exchanges and blockchain networks. Users can easily select specific tax events, facilitating the automatic generation of detailed tax filing forms to streamline the compliance process. Additionally, FinTax provides a comprehensive dashboard that offers an overview of all transaction and account information, allowing users to monitor their crypto assets in real-time. This user-friendly interface is designed to enhance transparency and simplify the complex tasks of financial management and tax reporting.
- In addition, we plan to expand this functionality by incorporating AI-driven conversational interactions that will guide users through the entire tax filing process. This enhancement aims to provide a seamless, interactive experience, making it easier for users to navigate complex tax requirements with step-by-step assistance.
- Technology stackOur entire stack of components is built under the permissive MIT open-source license, ensuring flexibility and transparency in our development process. This includes a range of robust technologies such as MyBatis-Flex for database interaction, JDK 21 for a modern Java runtime, Spring Boot V3.2.X+ for rapid and efficient application development, and Lombok for code simplification.For authentication and security, we utilize Sa-Token, while SpringDoc aids in generating comprehensive API documentation. Utility support is provided by Hutool, and SpringBoot Admin facilitates application monitoring. Our retry mechanisms are powered by EasyRetry, and PowerJob handles distributed task scheduling efficiently.On the front end, we leverage Vue 3 alongside Element-Plus to create intuitive and responsive user interfaces. We also use MinIO for object storage solutions and Flowable for workflow and business process management. This robust combination of open-source tools ensures a scalable, maintainable, and powerful architecture for our applications. 1. MyBatis-Flex: https://mybatis.org/mybatis-3/ 2. JDK 21: https://www.oracle.com/java/technologies/javase/jdk21-archive-downloads.html 3. Spring Boot V3.2.X+: https://spring.io/projects/spring-boot 4. Lombok: https://projectlombok.org/ 5. Sa-Token: http://sa-token.dev33.cn/ 6. SpringDoc: https://springdoc.org/ 7. Hutool: https://hutool.cn/ 8. SpringBoot Admin: https://codecentric.github.io/spring-boot-admin/current/ 9. EasyRetry: GitHub - EasyRetry 10. PowerJob: https://www.powerjob.tech/ 11. Vue 3: https://vuejs.org/ 12. Element-Plus: https://element-plus.org/ 13. MinIO: https://min.io/ 14. Flowable: Open Source
Team profile
Our team comprises leading tax experts who have developed tax frameworks for industry leaders and managed billions in crypto cases. Additionally, we have experienced product managers, including former professionals from Big Four accounting firms.
Contact Name: Leslie
Contact Email: leslie.qin@fintax.tech
- The Leading Business Team
Calix (Founder & CEO) The former Tax Director of Bitmain, former CFO of CVITEK (an AI chip startup), and CFO of a US-listed company. He possesses extensive experience in finance, aviation, and TMT industries, having gone through multiple entrepreneurial journeys and high-growth phases.
William (Co-founder & CSO) The former IR Director of Bitmain, early key member of Bitdeer, serial entrepreneur. Previously, he was selected for Stanford Rebuild and NVIDIA Inception, current member of the U.S. incubator Bitcoin Startup Lab, with 8 years of experience in the blockchain industry. Prior to joining the blockchain industry, he has been engaged in international investment banking and management consulting for many years, specializing in providing strategic and capital operation services for enterprises.
Ocean (Head of Operations) A Certified Public Accountant in mainland China with experience working for Big 4 accounting firms, serving U.S. and Hong Kong listed companies. As a core member of the tax team at a chip startup, she was responsible for the design and implementation of the group’s transfer pricing program, handling tax and customs dispute responses, and has extensive experience in cross-border tax management.
Yoghurt (Business Partner) A tax attorney & lawyer, majoring in international taxation at Central University of Finance and Economics and postgraduate student at Tsinghua University. She has practiced in regulatory agencies for many years, with strong practical dispute coordination and resolution skills, and specializes in international tax anti-avoidance, individual anti-avoidance, high-net-worth and family wealth tax planning, multinational enterprise risk management and tax audits relief.
Xiuai (Senior Tax Consultant) Specialized in Taxation at Central University of Finance and Economics, former tax manager of Bitmain, and head of finance of a startup company in the field of new energy vehicles. He has experienced various stages of enterprise life cycle for many times, and is particularly familiar with the key tax issues at different stages of enterprises. He also possesses extensive experience in finance, tax management practices, and tax planning within the Web3 industry.
- The Top-Tier Product Team
Frank (Head of Product & Engineering) He has worked at a Big 4 accounting firm as a tax digital product leader, overseeing product design and R&D, while also serving as a product manager and technical architecture leader. With extensive experience in the digital transformation of enterprise finance and tax, he has provided services to over 100 large domestic and foreign enterprises across finance, manufacturing, energy, real estate, and other industries. He possesses an in-depth understanding of enterprise tax systems, full-stack development skills, and is well-versed in current mainstream technology frameworks.
Charles (Head of Research & Development) A Senior Software Engineer with a Master’s degree in Computer Science from the Institut français d’ingénieurs. Proficient in system back-end architecture design, he has extensive experience in software research and development at leading companies. He participated in the design and development of Deloitte’s Intelligent Taxation Information System and possesses extensive experience in developing large-scale financial and taxation systems.
Daniel (Technical Expert in Crypto ERP System) As the R&D manager of a head crypto company and former head of an ERP system, he has worked for Baidu, Shell and other top-tier Internet companies, overseeing financial IT system construction. With extensive and successful experience in building financial systems and platforms for large enterprises, he specializes in IT system architecture and product design for complex business scenarios.
Mia (Senior Tax Analyst) Previously worked as a senior consultant in a Big 4 tax firm, and later became a core member of tax of Fortune 500 companies. Experienced in individual income tax and corporate tax practice, and has participated in multinational enterprises’ individual tax consulting projects. Specialized in Web3 individual income tax policy research, responsible for and involved in the product design of tax management system in many countries.
Leslie (Senior Tax Analyst) Graduated from Renmin University of China with dual bachelor’s degrees in Management and Law. He has extensive experience in conducting research on taxation and regulation of blockchain technology and digital currencies, actively participating in drafting legislative proposals for digital currencies across various countries, and has published numerous academic and practical articles. Furthermore, he possesses in-depth expertise in financial and tax research as well as product design within the Web3 industry.
Ecosystem Fit/Impact
Details:
- Where and how does your project fit into the ecosystem? FinTax achieves seamless integration with Pundi AIFX, allowing users to efficiently access on-chain data and streamline their financial and tax reporting needs. As the first dedicated tax and financial management tool within the Function X ecosystem, FinTax leverages internal resources and technology to enhance the tax filing experience for users. Additionally, we plan to develop a semantic analysis-based intelligent Q&A model, utilizing the ecosystem’s AI capabilities, which is scheduled for launch in Q1 2025 to further simplify the tax reporting process for users.
- What problem are you solving? FinTax addresses the challenges faced by individual users in managing multiple accounts, complex crypto assets, and varying tax filing requirements across jurisdictions. Our platform simplifies this complexity through automated data integration and intelligent analysis, allowing users to efficiently complete their tax reporting process.
- Who is your target audience (parachain/dapp/wallet/UI developers, designers, your own user base, some dapp’s userbase, yourself)? The primary target audience for FinTax includes all Function X ecosystem users, as tax compliance is a fundamental requirement for nearly all users. Moreover, by offering an easy and convenient tax filing experience, FinTax aims to attract users beyond the existing ecosystem, potentially expanding the Function X user base.
- Who will benefit, and how: what tools or opportunities will people have that they didn’t have before? What will be possible that wasn’t possible before? Do you have anything tangible to give back to the community like airdrops? Function X ecosystem users will benefit directly from FinTax, as it enables the generation of financial reports and tax documents from on-chain data, simplifying tax processes, improving efficiency, and reducing manual errors. Additionally, FinTax contributes back to the ecosystem through the TaxDAO community, offering high-quality tax and financial data.
- What need(s) does your project meet? FinTax addresses the growing need for streamlined tax reporting. By providing an efficient and convenient solution, FinTax empowers users to manage complex multi-account, multi-asset tax compliance requirements effectively.
- Are there any other projects similar to yours in other EVM/Cosmos ecosystem? Within the Function X ecosystem, FinTax is the only tax and financial management tool available. While other ecosystems may offer similar services, they lack a semantic analysis-based intelligent Q&A feature, as well as the same level of integration and expertise that FinTax brings to Function X.
Development status
We have completed foundational work on FinTax’s core functionalities for personal tax reporting, covering jurisdictions such as the U.S., Canada, Japan, South Korea, Australia, New Zealand, Hong Kong, and Singapore. Additionally, we are preparing to initiate R&D on an AI-driven semantic analysis and Q&A model in Q1 2025 to further enhance the user experience. This is our product’s website: www.fintax.tech
Details:
- We have an expert organization dedicated to researching and analyzing Web3 financial and tax knowledge. This team frequently updates its findings, insights, and publications to ensure the most relevant and timely content is available to the community. Our commitment to advancing the understanding of crypto-related financial and tax regulations is demonstrated through continuous research and articles published on our content platform. You can find our comprehensive resources at https://www.thetaxdao.com/.
- We use PingCode for task management, which is a platform similar to Jira, designed to help teams collaborate effectively and manage complex projects. Currently, we are adopting a centralized development approach, and therefore, we do not provide public access to our development boards or task management system. However, we can share periodic exports of our work plans and milestones to keep stakeholders informed. At this time, we do not open GitHub issues for external participation. This approach allows us to maintain focus and streamline our development process while still offering transparency through planned updates as needed.
- Previous interface iterations, such as mock-ups and wireframes
- What are the most significant obstacles facing your project or your team right now? Our primary challenge at the moment is the shortage of development engineers, which limits our capacity to fully implement and integrate with the Function X ecosystem as quickly as desired. This has created a need for additional budget to support development resources for ecosystem integration and deployment.
- What are some of your most pressing needs? To achieve effective integration and promote FinTax within the Function X ecosystem, we are seeking:
- Budget for Developer Resources: This would enable us to expand our team, accelerate development, and ensure a smooth integration and deployment with the Function X ecosystem.
- Ecosystem Marketing Support: We also aim to publish content within the ecosystem to build awareness and promote FinTax to a broader audience, ultimately contributing to user engagement and adoption within the Function X community.