Fun

Valora launches ‘Mobile Stack’ Web3 launchpad for iOS and Android

News Feed - 2024-07-07 01:07:34

Tristan Greene7 hours agoValora launches ‘Mobile Stack’ Web3 launchpad for iOS and AndroidThe peer-to-peer payments company aims to grow Web3 beyond its current crypto-native audience.1872 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksPeer-to-peer payments firm Valora recently launched “Mobile Stack,” a decentralized, permissionless, and open protocol launchpad for Web3 DApps on mobile devices. Source:Jackie Bona.


According to Valora, writing in a press release seen by Cointelegraph, “only 8 of the top 100 Web3 apps on DApp Radar have a mobile native experience.” The company hopes to change this by giving developers in the Web3 community a simple, intuitive platform for deploying user-friendly, mobile-first DApps.“UX is typically an afterthought in web3, and mobile experiences are few and far between despite smartphones being the primary devices used by seven billion people worldwide to interact and transact online.”


Other fintech and crypto-related apps have found success with mobile users including Robinhood Crypto and Coinbase’s applications. However, the DeFI and Web3 communities at-large tend to operate in the desktop/laptop space. This could be due to the perceived difficulty disparity in developing for PC/Linux and creating mobile first applications.Cumbersome DApp UX


Valora described the current state of DApp user experience as “cumbersome” due to the necessity to combine wallet apps with browsers or desktop applications in order for users to interface with Web3 applications.


Based on information provided by Valora, Mobile Stack functions as a blank canvas for developers with the necessary protocols and features in place for Web3 functionality. Developers take the placeholder app and customize it for their specific DApp’s needs using only those protocols necessary.


Per the press release, among the first apps to launch on Mobile Stack are “Troopo” a savings and earnings app from Stake Capital and Vana’s “ChatGPT Data DAO,” a user-operated DApp aimed at empowering users to monetize their data.Mobile Stack use cases


The company also pointed out several potential use cases for its Mobile Stack platform including borderless peer-to-peer payments, simplified onboarding apps for DeFi services, driving universal basic income programs in emerging markets, and enabling “learn-to-earn” campaigns with partners such as cryptocurrency exchanges.


Valora was founded in 2020 as a decentralized wallet operating on the Celo network. As Cointelegraph reported in 2021, the company completed a $20 million funding round led by A16z and became an independent business separate from Celo.


Related:Web3 users reached an all-time high of 10M in Q2: DappRadar# Blockchain# Business# DApps# Mobile Wallet# DeFi# Celo# Web3Add reaction

News Feed

TikTok parent company explores on-chain possibilities for Web3 gaming and AI
Savannah Fortis11 hours agoTikTok parent company explores on-chain possibilities for Web3 gaming and AIBytePlus is partnering with Mysten Labs to integrate advanced AI algorithms and data warehousing technology into the
Ethereum Suffers from Unintended ‘Chain Split,’ Third-Party Services ‘Got Stuck on Minority Chain’
Ethereum Suffers from Unintended "Chain Split," Third-Party Services "Got Stuck on Minority Chain" According to a number of third party infrastructure providers,
Ethereum ETF process is ‘going smoothly,’ says SEC’s Gensler
Jesse Coghlan2 hours agoEthereum ETF process is ‘going smoothly,’ says SEC’s GenslerSEC Chair Gary Gensler didn’t comment on when his agency would approve Ether ETFs for trading, but analysts predict it could be
TCG World Partners With Stock Giants WSB to Expand Their Metaverse
TCG World Partners With Stock Giants WSB to Expand Their Metaverse press release PRESS RELEASE. The world’s largest metaverse on blockchain and NFT platform TCG World announc
Ethereum ETF launch drives $2.2B inflows — CoinShares
Josh O"Sullivan13 hours agoEthereum ETF launch drives $2.2B inflows — CoinSharesCoinShares reports that spot-based Ether ETFs, debuted with a significant $2.2 billion of inflows, offset by Grayscale’s $285 million in
El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto
Brayden Lindrea4 hours agoEl Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifestoApproximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations.10184
Bitcoin reaches one billion transactions
Brayden Lindrea21 minutes agoBitcoin reaches one billion transactionsAn average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.178 Total views1 Total sharesListen to article 0:00NewsOw
Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations
Report: The Central African Republic Requests Regional Central Bank"s Assistance in Crafting Crypto Regulations A new report has claimed the Central African Republic, which became
Ana Paula Pereira5 hours agoRipple applies for crypto license in the United KingdomRipple applied for a registration as a crypto asset firm with the United Kingdom"s Financial Conduct Authority (FCA) after its partial wi
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust a
Brayden Lindrea8 hours agoUK’s Travel Rule comes into effect, could halt certain crypto transfersThe crypto Travel Rule, which came into effect on Sept. 1, aims to stop money laundering and terrorist financing activiti
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents The Rollkit development team has announced that Bitcoin has been integrated a