- MetaOne wallet users can gain access to their account through the use of emails, biometrics or even their device passcode with ease.
- At launch, the MetaOne wallet will only support Bitcoin, Ethereum, Polygon, Harmony, and BNB Chain – with many more chains expected in 2023.
AAG, a company dedicated to developing Web3 infrastructure, has launched a game changer crypto wallet dubbed the MetaOne. The MetaOne Wallet creates a simpler and easy gateway into the Metaverse economy with top-notch security. The cryptocurrency wallet makes the onboarding process so easy that the users do not need to memorize their private keys or seed phrases to get access.
Furthermore, reports of non-custodial wallet users losing their key phrases has escalated lately. Thereby making mainstream cryptocurrency adoption challenging to novice traders.
AAG appreciates the need for partnership and has collaborated with key industry players to make MetaOne more user-friendly. For instance, the company has partnered with Coinbase Pay and Simplex to provide fiat-on-ramps within MetaOne to further boost seamless adoption.
In addition to key partnerships, the Web3 company has developed resources to help users interact with different digital assets easily.
Notably, the company has a decentralized application (dApp) marketplace and an AAG academy for educational purposes.
AAG has indicated its intention to create support for multiple blockchains. Moreover, multichain is key to the growth of any Web3 protocol.
During the launch of the MetaOne product, Jack Vinijtrongjit, Co-Founder and CEO of AAG said
“I truly believe MetaOne will be a game-changer for both consumers and businesses. When businesses can provide a more seamless onboarding experience and consumers can feel safe to enter and discover what they can do with Web3, we will be able to take a giant leap toward mainstream adoption.,”
Jack emphasized that the main aim of MetaOne is to ease the Crypto and Web3 journeys for both consumers and businesses. MetaOne captures the needs of beginners and experienced users through the easy onboarding process and the presence of Coinbase and Simplex on the platform.
MetaOne Enters Distressed Crypto Market
The cryptocurrency market has recorded a sharp uptick in rug pulls and network attacks on Web3 protocols, especially on multichain bridges. MetaOne promises to solve this problem by providing a state of art security system that does not require users to keep seed phrases.
While keeping all security protocols, MetaOne uses the traditional ways of securing the wallet. Notably, users can gain access through the use of emails, biometrics or even their device passcode with ease. This is achievable by placing a scam detector software that picks up any malicious activity. Additionally, MetaOne alerts its users whenever it detects a mistake and allows double-checking before the completion of a transaction.
In acknowledging the need for new ideas, AAG has included a MetaOne API to allow contributions from other developers.
At launch the MetaOne wallet will only support tokens & NFTs from 5 blockchains namely: Bitcoin, Ethereum, Polygon, Harmony, and BNB Chain – with many more expected in 2023.
Read More: news.google.com