Fierce competition on Web3 wallets – Being able to put in all hands a wallet general public to interact with different blockchains it is the holy grail of the operators of the sector. Looking forward to this miraculous product, Ethereum always focus attention with a new product launched on the market. This time it is Robin Hoodthe American platform very popular with young people, which has just announced the launch of its mobile application dedicated to Web3. Head to the San Francisco Bay Area to see what all the fuss is about Robin hood wallet.
A wallet to complete Robinhood’s Web3 offering…
John Kerbratgeneral manager of robin hood, was pleased to announce the launch of its new product on January 19th. On a technical level, the wallet in question uses the network Polygon. It’s a side chain OfEthereum which notably offers free conversions. Only available to people registered on the list waiting period, this portfolio will complete the company’s service offer. Until then, it actually offered a beta version of this product that was reserved for it 10,000 privileged users.
But the teams of Robin Hood insist on the innovation represented by this new portfolio. It’s not just another trading application that you could compare to any centralized exchange. The portfolio is quite comparable to Metamask, ghost Where is it Coinbase wallet in its functionality.
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And John Kerbrat openly set out to conquer this ultra-competitive market for wallets let’s say Web3. Namely, those that allow interaction with app decentralized or to manage NFTs. And to drive the point home, he’ll quote Metamask indirectly:
“We designed this product to solve the problems encountered by many users using competing products that have less user-friendly designs and high fees. We have heard from our beta users that other products on the market are too complicated and difficult to use. »
However, there are two apartments and no less important. First, the product is currently only available to people registered on list on hold. This one million users will be contacted little by little to download the application, but for the others it will be necessary to be patient. But above all, it will only be available on mobile iOS. For androidwe will have to wait a little longer because it should happen “later in the year”. As for Navigator office, there is no scheduled release date at this time, according to a spokesperson for Robin Hood.
This arrival of an actor from finance on the sector of Web3 it is further confirmation of the growing interest in this sector emerging. It remains to be seen whether his customers will follow through. Robin Hood and will use this new wallet. Or if they will prefer to stay with historical players in the ecosystem. As for the location on Ethereum and its layers 2is clearly the bet that most of the current cryptocurrency entrepreneurs and developers.
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