welcome back to the bull market.
while you were away, the world of wallets has shifted. hopefully you didn’t forget the seed phrase to that one wallet holding your XRP bags!
we’ve seen phantom pass whatsapp in the app store rankings, embedded wallet services fight over every consumer crypto project, and many, many wallet projects start to die off. last cycle, wallets like metamask and rainbow were the gateway to owning crypto. our confused friends would encounter the first of many hurdles to onboarding as random tutorials explained how to install a metamask browser extension and warned you to NEVER share your seed phrase with anyone, not even your mom.
now every user on every app has a unique wallet address for every account. you can download phantom on your phone, onramp with moonpay, and be in the trenches top blasting $MOODENG in 15 mins or less. but wallets must be built for more than just onboarding the next million people. the more we’ve used crypto the more we wonder why wallets are so limited.
should wallets be attached to every single user account or should we just have one that connects to everything? should they reward users with perks and points like an amex or show you what your friends are doing onchain so you can copy trade? how can we keep track of all our memecoins across every chain? maybe some sort of spreadsheet? how many wallets does one need actually need and of which type? the crypto market map by electric capital shows 80 wallet projects across 5 subcategories.
the place you keep your coins has the potential to be much more personal and powerful than any single project’s thesis. we believe your wallet should help you become the most powerful version of yourself with every onchain move you make and every new feature we ship. if crypto has turned into a massive pvp game, then we’re working on the terminal that will help you get good.
the next era of crypto will revolve around super-apps — a trusted space, a control room, the best place to lock in.
our team is actively trading in the trenches looking for new strategies and patterns to help build what people actually need, fast.
✓ track all your moves in one place (portfolio manager)
✓ access your funds from any device (powered by MPC tech)
✓ access trend-focused features for advanced trading
✓ starting with keychains for all of our airdrop farmers and memecoin traders out there <3 execute transactions across multiple wallets simultaneously, no scripting required
we couldn’t bear the thought of another crypto product that looks like it’s b2b saas platform so we designed a trading terminal that matches this era of crypto. learn more about our ui updates here.
doormat v2.1 is currently available in a play-to-enter alpha. check it out and ping us with your feedback! File all bugs/feature requests in Trevor’s DMs.
The information herein is for general information purposes only and does not, and is not intended to, constitute investment advice and should not be used in the evaluation of any investment decision. Such information should not be relied upon for accounting, legal, tax, business, investment, or other relevant advice. You should consult your own advisers, including your own counsel, for accounting, legal, tax, business, investment, or other relevant advice, including with respect to anything discussed herein.
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