A Comparison of Web3 Social Wallets

2023-2-6 14:38

For Web3 to achieve mass adoption, practical applications are necessary at the user layer. Social wallets are working towards customer-friendly layers by combining two essential components of Web3: communication and digital asset management.

Web3 social wallets are decentralized applications where activities like group chatting, direct messaging, performing transactions, and collective investing in crypto assets can all happen within the same place. 

Several social wallets have gained traction and funding recently. 

Tribes secured a $3.3M pre-seed funding in a round led by South Park Commons, Kindred Ventures, and Script Capital.  Easy raised $14.2M in a round that included Lobby Capital, Relay Ventures, 6th Man Ventures, Tapestry VC, Upside, and Scribble Ventures.  Zerion received $12M from Wintermute Ventures, Mosaic, Coinbase Ventures, Alchemy, and Placeholder. 

Today we’re thrilled to announce our Series B fundraise led by our friends at @wintermute_t as we work to build the best wallet for Web3 citizens ! https://t.co/kQz21t0F4m

— Zerion (@zerion) October 12, 2022 Web3 wallets focus on different aspects of being social

There are things that all three wallets have in common, like letting users connect with the same usernames across different platforms. Social wallets accomplish this by integrating with decentralized protocols and other dApps in the Web3 ecosystem, like ENS and Unstoppable Domains, which offer NFT domains and usernames. Another common theme is facilitating Web3 search by providing various tools. 

Nevertheless, each comes with its own strengths. 

Tribes: create chat groups and co-own digital assets

In the landscape of Web3, people mostly communicate through external platforms like Discord, Twitter, and Telegram. The new wave of social wallets enables communication directly inside digital wallets. So, they function as messengers.

Using Tribes, it’s possible to create a group chat where each member can access a mutual wallet. As a result, members can co-own assets and manage them collectively. For instance, they can buy and send tokens, invest together in NFTs, and incorporate decision-making processes into the chat. Group members can propose transactions, discuss an issue until they decide on the proposal, and vote directly in the chat when they are ready. 

Tribes

Since the wallet is shared in group chats, multi-signature smart contracts are necessary to obligate the signatures of multiple people’s signatures to approve a transaction so that fraud is prevented. For this purpose, Tribes integrates with Safe. 

It’s also integrated with multiple Web3 ID solutions. For example, integration with ENS lets users sign in with their usernames. It also works seamlessly with the Lens protocol and Unstoppable Domains. Furthermore, Tribes works for assets and wallets built on Solana, allowing people to use their .SOL usernames. 

Easy: navigate Web3 more securely

The social wallet Easy has recently launched its beta product on the App store. Its focus is on discovering Web3 together as a community. The signal feature allows Easy users to rate dApps, and flag suspicious ones to warn other members. This community rating system enables safer Web3 navigation. 

Easy

Users can also follow other accounts and curate engaging social profiles by building and showcasing NFT collections. The profile feed summarizes verified blockchain activity to keep you in the loop with what’s happening in Web3. The native multichain search engine allows users to discover new tokens, collections, and influencers. 

Zerion: follow intriguing crypto wallets with the social search feature

Zerion is a multichain wallet that works on more than 10 networks. At the time of writing, it has over 200K active monthly users.  

Zerion allows exploring social tokens – tokens that are built around the reputation of an individual or a brand. Creators mint social tokens to create token-gated experiences for their communities.

For example, only holders with a minimum threshold of governance tokens can participate in decision-making or access exclusive Discord channels for discussions. Some social tokens integrated with Zerion are Whale, Friends with Benefits, and Mork. 

One of the highlights of Zerion is the search box that allows you to explore any crypto wallet. As the wallet is integrated with over 500 protocols, including ENS domain names, you can simply input a username like vitalik.eth into the search box and explore the assets stored in the wallet associated with that username.

Similarly, it’s possible to search and follow Lens profiles, enhancing the social aspect of the wallet, as Lens is an important player in the decentralized social ecosystem. Users can benefit from the search feature to follow the wallets of whales and get notifications on their transactions and new NFT mints. 

The post A Comparison of Web3 Social Wallets appeared first on NFT News Today.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

onG.social (ONG) на Currencies.ru

$ 0 (+0.01%)
Объем 24H $4
Изменеия 24h: 1.02 %, 7d: 3.02 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0065875 (-100%)

web3 wallets social two combining customer-friendly essential

web3 wallets → Результатов: 27


Фото:

Plena Wallet Announces a $200,000 Giveaway Alongside the Launch of Its Biggest Crypto Chat and Pay Feature

Coinspeaker Plena Wallet Announces a $200,000 Giveaway Alongside the Launch of Its Biggest Crypto Chat and Pay Feature While Decentralized wallet users have long been complaining about the wallets’ limitations and functionalities, Plena Finance is flipping such complaints on their heads by consistently adding new features to its robust web3 wallet.

2022-12-27 18:19


Bringing More Fun to Social Media Platforms, BitKeep Debuts Decentralized Crypto Red Packets

BitKeep, the top Web3.0 wallet in Asia, launched a new feature named “Crypto Red Packets” on June 1, 2022. As a leader in cross-chain wallets that supports more than 55 mainnets, more than 1,000,000 NFTs, and more than 10,000 DApps, BitKeep is committed to creating a one-stop decentralized crypto wallet that is safe, convenient, and […] The post Bringing More Fun to Social Media Platforms, BitKeep Debuts Decentralized Crypto Red Packets appeared first on NullTX.

2022-6-9 22:05


Фото:

Coinbase Introduces Coinbase Pay To Web3 Developers With MetaMask Getting The First Fruits

Coinbase has introduced a new feature for its users to seamlessly fund their Coinbase wallet. Users can fund their wallets through the Chrome browser extension with relative ease. Coinbase is on a streak as it released its Non-fungible marketplace at the start of the month with a DApp wallet on the cards. Coinbase’s community is […]

2022-5-18 23:06