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Home»Blockchain»WalletConnect unveils next-gen UX platform and decentralization strategy
Blockchain

WalletConnect unveils next-gen UX platform and decentralization strategy

2024-05-25No Comments3 Mins Read
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New York – WalletConnect, the premier Web3 UX platform, has announced a significant upgrade to its product suite, coupled with ambitious plans to fully decentralize the protocol. This strategic initiative underlines WalletConnect’s commitment to advancing community participation and user sovereignty within the blockchain ecosystem, with further unveilings planned for September in Singapore.

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“At WalletConnect, we are committed to delivering seamless and secure interactions that enable developers to create innovative, user-centric applications that ultimately drive engaging Web3 experiences,” said Jess Houlgrave, recently appointed CEO of WalletConnect. “To realize this vision, WalletConnect is poised to fill a critical gap by offering a comprehensive UX platform.”

The relaunch introduces ‘AppKit’ and ‘WalletKit’, custom solutions for developers and users within the web3 sphere. This updated offering aims to meet the growing demand for modular, multi-chain solutions, improving user experience and driving adoption rates.
“Digital ownership is the future, yet much of Web3 remains inaccessible. Through AppKit and WalletKit, we enable users to take control of their data and assets across applications and wallets, while developers can create more advanced and customizable experiences.”

Jess Houlgrave, CEO of WalletConnect
AppKit and WalletKit have core features complemented by customizable layered APIs, giving users unprecedented control over their digital footprint. Notable additions include Swaps and Universal Wallets with Smart Account technology, enhanced social login and WalletConnect-powered Web3 usernames for AppKit, in addition to one-click authentication for WalletKit.

Partnerships with industry leaders such as 1inch, Safe, ENS, Coinbase and Magic further strengthen this offering, indicating substantial support for Smart Accounts, Session Keys and Multi-Chain efforts.

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This announcement marks a pivotal moment for WalletConnect, marked by strategic organizational changes and a renewed focus on innovation. Houlgrave’s appointment as CEO, along with the recent additions of Chief Marketing Officer Steven Dolcemaschio and Head of Product Joe Hoffend, underscore WalletConnect’s commitment to driving product-led growth and scaling industry-leading Web3 solutions.
“The decentralization of the WalletConnect protocol and the introduction of the new product suite mark important milestones in our journey to redefine digital connectivity.”

Jess Houlgrave, CEO of WalletConnect
Despite the industry challenges in 2023, WalletConnect has witnessed continued growth and adoption across its product suite. In 2024 alone, the platform has experienced a more than 300% increase in projects utilizing its application-centric offering, while its wallet-centric solution continues to serve as a cornerstone of the crypto wallet ecosystem, with an average of more than 10 million monthly transactions. Web3 connections in over 600 wallets.

Visit WalletConnect and follow the platform on Twitter @WalletConnect to discover WalletConnect’s advanced solutions and stay informed of developments.

—

About WalletConnect

WalletConnect serves as the UX platform for the emerging web3 landscape, facilitating seamless communication between wallets and applications over blockchain networks. With widespread integration and millions of end-user connections per month, WalletConnect enables users to maintain control over their assets and data, while developers create secure and easy-to-use experiences. Backed by $25 million in funding from leading technology and crypto investors including Union Square Ventures, 1kx, Shopify, Coinbase Ventures and Circle Ventures, WalletConnect continues to push the boundaries of decentralized connectivity.

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