Create your Web3 wallet with our experts, who can build such applications based on your requirements. Time to change to Web3 as it is set to take over how we perceive the internet!
When you hear the term “Web3” or “Web 3.0,” you might be amused by its touted potential and even experienced its powers firsthand. It is where user data is decentralized across a network (blockchains) that makes manipulation and change of data impossible by anyone. While Web3 is a conglomerate of various emerging technologies, its foundation is solely based on blockchain’s distributed ledger technology (DLT). These digital ledgers have given rise to multiple applications, including cryptocurrencies and non-fungible tokens. Even business platforms that are use cases of Web3 applications, such as Web3 wallet creation, have become part of the future internet.
A Web3 wallet is an application that stores Web3 coins and tokens. It is different from a Web2 wallet as it can contain fungible and non-fungible tokens. It is also used to access decentralized applications (dApps), including metaverse worlds, easily due to its capabilities. In general, a Web3 wallet is a digital contract operated by manual intervention. Any Web3 asset is transacted from a Web3 wallet to anywhere else only if the wallet’s holder gives access by entering its seed phrase (similar to entering the PIN for credit card transactions).
For a venture planning to begin their business on the domain, a Web3 wallet application can be the perfect opportunity due to its nature as a staple necessity in the virtual space. Every Web3 user needs to have a Web3 wallet in order to store virtual assets and conduct transactions, which makes these applications’ needs paramount. A business based on a Web3 wallet application can earn by levying transaction fees; even a small fee per transaction can reap big benefits as thousands of Web3 transactions are executed every hour.
For an average Web3 user, Web3 wallet creation enables them with the facility of storing their Web3 assets such as cryptocurrencies, stablecoins, platform-native tokens, and non-fungible tokens from various blockchain networks. They can also securely transfer their holdings for purchases in the Web3 space through these wallets, as their identity will remain anonymous, identifiable only through their wallet address.
Metamask
Metamask is a popular Web3 wallet based on the Ethereum network. It allows users to hold virtual tokens and coins and transact them for purchases inside dApps. It offers multiple versions, including web browser and mobile applications for easy access.
Coinbase Wallet
Coinbase Web3 wallet is from the popular centralized crypto exchange of the same name. Yet, it is decentralized and non-custodial, which allows users to store and transfer Web3 assets easily and safely. Its username feature makes its usage easy for anyone.
Argent
Argent is a digital wallet used for DeFi and Web3 transactions. While the original platform is built on zkSync, a Layer-2 on Ethereum, it also has special extensions for the Ethereum Layer-1 chain and StarkNet, a ZK rollup Layer-2 on Ethereum.
Trust Wallet
Trust Wallet stores cryptos and Web3 assets like others but has DeFi features such as staking that enables users to earn passive income with their holdings. It also allows them to access multiple thoroughly-vetted dApps within its user environment.
Rainbow
Rainbow is an Ethereum-based non-custodial Web3 wallet that allows users to transact through wallet addresses and ENS domains. Users can even purchase ETH and ENS names from Rainbow. Developers can use its RainbowKit to build wallets for Web3 platforms.
For Web3 wallet creation, our experts have a process routine crafted after their development experiences.
We begin with clear discussions with you to understand every business requirement of yours, resulting in the creation of the development process’s map.
We progress to build the wallet’s user-end prototype using software like Adobe XD or Axure RP with all the features you need and test it with our expert teams.
Based on experts’ suggestions, the UI/UX part of your Web3 wallet will be built accordingly to satisfy your business needs to provide great experiences.
Now, we integrate the front-end of the wallet using a JavaScript language such as React.js or Web3.js to make the user-end function properly.
Then, our experts code the back-end for the Web3 wallet app, where smart contracts and blockchain integration are carried out based on your demands.
We meticulously test the Web3 wallet using various testing methods based on both manual and automated processes to resolve errors that might have arisen.
At last, your Web3 wallet will be launched for public use, and we will support you post-launch and with software upgrades with our development expertise.
Blockchain App Factory has been a Web3 development pioneer for more than 5 years, and Web3 wallet creation is one of our most-sought services. Overall, we have completed more than 200 unique Web3 projects with our team of 500+ professionals supporting to acheive our clients’ business dreams. One of our core principles is to consider customers’ requirements as our own to fulfill all their business needs. We are also equipped with advanced tech stacks for Web3 wallet development in multiple blockchain networks like Ethereum, Polygon, BNB Chain, Harmony, and Astar. Approach us today to know more about how to create a Web3 wallet from a business’s perspective.
