Skip to main content

MetaMask To Mobilize New Crypto Users With New App

 


ConsenSys-owned major Ethereum (ETH) wallet and Web 3.0 browser MetaMask targets new crypto users with its new mobile version, launched on the iOS and Android operating systems this week.

Jacob Cantele, Head of Products at MetaMask, told Cryptonews.com that the launch of the mobile version came out of a need to drive massive adoption among all its users.

“Some of our top markets are Nigeria, India, and Indonesia where many people have only a mobile device. We want MetaMask to be available to billions of people. Becoming a cross-platform wallet was the next logical step as we continue through hyper-growth,” he said.

According to the company, over 65% of MetaMask Mobile beta users are based outside of North America and Europe.

James Beck, global public relations lead at Consensys, added that mobile is becoming the preferred platform for accessing web-based products and services, and that Web 3.0, which focuses on decentralized, peer-to-peer technologies, is no different.

"By enabling mobile access to Web3, we hope our app creates the opportunity for a whole new generation of smartphone users to access a more transparent and security-focused Internet," he said.

Meanwhile, Dan Finlay, founder of MetaMask, noted in the announcement that since the founding of the wallet/browser, they've "enabled a sizable community of early-adopters to participate in a new kind of computing ecosystem." The announcement added that the existing MetaMask web extension "helped serve millions of users" across the world, and that the new app "has the potential to serve millions more, simply by enabling mobile access."

It said that "close to 2 billion people, about 60% of the internet-connected population, is estimated to access the web exclusively from a mobile device, where network infrastructure and affordability are driving the growth of mobile internet adoption."

The app is said to simplify the interaction with blockchain-based applications, enabling users to "view and trade digital assets on the go, manage crypto loans and balances, play blockchain-based games, sign messages, send transactions, and store non-fungible tokens (NFTs)," as per the announcement. Additionally, the app users generate passwords and keys on their device directly.

The differences in both the extension enabled wallet and the mobile wallet will be bridged in no time, said Cantele.

Unlike the desktop version, the MetaMask mobile wallet doesn't have hardware wallet support yet, specifically for Ledger and Trezor. It does, however, support Apple Pay "in some markets", which can be used to purchase crypto.

As the wallet just came out, among the congratulatory messages, there appear to be some details left to iron out as well.

Source: cryptonews.com


Comments

Contact us

Name

Email *

Message *

Popular posts from this blog

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry.  The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling.  Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk about cryptocurrency,

Will Solana (SOL) Be the Shining Star of the Bull Market?

About 250,000 to 700,000 SOL have been sold daily by FTX for the last three weeks. SOL’s price jumped above $60, as GSOL’s premium also increased. While the price may retrace, it may not take long before SOL hits $70. Despite being a notable casualty of the FTX contagion in 2022, Solana (SOL) has defied all odds in 2023, as the price continues to outshine its peers. In the last 30 days, the value of SOL has increased by 180%, rising as high as $62 on November 11. However, the rising price of SOL is not the only interesting thing the token has shown by the token. For a token that was once described as dead, it has shown tremendous strength. Coin Edition came to this conclusion because of a post by trader Bluntz Capital. The Big Players Are Here According to Bluntz, FTX, after getting the go-ahead to liquidate its assets, has been selling around 250,000 to 700,000 daily for the last three weeks. Regardless of the sales, SOL has failed to nosedive. Rather, the price has chosen the upside

Terra Classic Community Passes Major Constructive Proposal, LUNC And USTC To $1?

  The Terra Luna Classic community has passed another key proposal as they prepare for a revival of Terra Luna Classic (LUNC) and repeg USTC stablecoin to $1.  The proposal aimed at having a guideline for a pay-per-job approach on the Terra Classic chain as core developer L1TF goes into maintenance mode for Q4. Meanwhile, the community is also collaborating on other fronts to keep LUNC and USTC above key support levels as traders started booking profits amid the latest pullback in the crypto market. Terra Luna Classic Passes Pay Per Job Proposal Proposal 11889 “Pay-per-job and governance-ruled Job List” has passed successfully. The proposal deemed the monthly model of roadmap and payment planning as suboptimal and plans to switch to a pay-per-job model. The proposal has received 91.99% “Yes” votes, with others mostly voting “Abstain”. The community believes it will optimize compensation structure, provide flexibility and transparency, boost community engagement, and risk mitigation. A