Fun

APhone introduces DApp store combining Web2 and Web3 apps

News Feed - 2024-06-19 10:06:00

Ana Paula Pereira11 hours agoAPhone introduces DApp store combining Web2 and Web3 appsThe alternative DApp store wants to offer features for Web3 enthusiasts while focusing on due diligence when listing apps.2741 Total viewsListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe relationship between app distribution platforms and developers has been a topic of conflict for several reasons, including excessive sales fees and competition restrictions that limit developers’ use of alternative distribution channels.


These challenges have led many startups to focus on solutions to address programmers’ demands, particularly in the Web3 space, where the lack of regulatory clarity could exacerbate the issue.


“Centralized app stores like Google Play and iOS AppStore are seeing fraudulent crypto applications. This means the centralized stores are not safe anymore as they solely focus on making money from listing,” explained William Peckham, the chief business officer of APhone — a decentralized cloud-based smartphone.


APhone, developed by Aethir, is launching a decentralized app store that combines traditional applications with blockchain-based solutions. According to the firm, crypto apps such as those from Binance, OKX, Phantom, MetaMask, Bitget Wallet, Uniswap and more will be listed on its AppNest, which also features popular Web2 apps like Whatsapp, Instagram and ChatGPT.


AppNest promises a free and open environment for developers, but not without due diligence. To prevent fraudulent applications, developers will have to undergo a range of assessment criteria, such as team and product stage evaluations. “We have a strict vetting process for Web3 applications. All the partners will have to go through a due diligence process,” said Peckham.Source: APhone


Similar applications have emerged before. Aptoide, for instance, offers an open-source platform for Android apps. Although it doesn’t specifically focus on decentralized apps, it hosts various Web3 applications, such as crypto wallets and Bitcoin-related widgets.


To stand out from the competition, the APhone team bets on features for Web3 enthusiasts, including token rewards based on writing app reviews, beta testing and daily usage, as well as tips for content creators and developers for helpful content or community engagement.


The platform also plans to integrate with decentralized finance platforms to allow holders of its native token to lend, borrow and earn interest. “We are giving users a complete ‘outside the box’ experience — moving beyond the conventional hardware requirements and reach of traditional gatekeepers,” said Peckham.


Other companies combining decentralized infrastructure with onchain solutions include the Helium protocol. Based on a decentralized wireless network, it uses devices known as Helium Hotspots, which act like mini cell towers, to create a peer-to-peer network.


Magazine: Longevity expert: AI will help us become ‘biologically immortal’ from 2030# Blockchain# Business# DApps# SmartphoneAdd reaction

News Feed

FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M
Brayden Lindrea7 hours agoFTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874MThe bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery f
William Suberg7 hours ago100%+ BTC price gains? Bitcoin faces ‘massively overvalued’ stocksBitcoin posted a classic “Uptober,” but risk assets across the board risk a serious contraction, forecasts warn.3817 Tota
SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry
SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry press release PRESS RELEASE.SinVerse Studios, a trailblazing web-3 game studio, ha
‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet
Brayden Lindrea8 hours ago‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust WalletThe firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web fo
Hermi De Ramos10 hours agoNomura’s crypto arm Laser Digital bags Dubai VARA licenseLaser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter servic
Sports Illustrated moves NFT ticketing platform to Avalanche
Ezra Reguerra14 hours agoSports Illustrated moves NFT ticketing platform to AvalancheSI Tickets CEO David Lane explained that while normal tickets end up in the trash, NFT tickets could bring more experiences to holders
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy
India"s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrenc
Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps
Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partner
Ana Paula Pereira4 hours agoRipple pulls back from Fortress acquisition 20 days after announcementRipple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.3176 Total views11
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars State Street Corp., one of the world’s leading provider
Arijit Sarkar14 hours ago5 nations challenge crypto experts and investigators to target tax crimesThe J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi
Derek Andersen4 hours agoRegulated Liability Network identifies proof-of-concept use case with digital poundThe RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-borde