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P2P payments firm Valora launches “Mobile Stack” DApps launchpad

July 7, 2024
in Business
P2P payments firm Valora launches “Mobile Stack” DApps launchpad
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Valora launches Mobile Stack DApps launchpad

Valora launches “Mobile Stack” to enable mobile-first Web3 DApp development on iOS and Android.
Mobile Stack aims to improve UX and accessibility in the Web3 ecosystem.
Initial apps to launch on Mobile Stack include “Troopo” and “ChatGPT Data DAO.”

Valora, a peer-to-peer payments firm, has launched a groundbreaking decentralized, permissionless, and open protocol launchpad for Web3 decentralized applications (DApps) on iOS and Android dubbed “Mobile Stack.”

The Mobile Stack aims to extend Valora’s reach of Web3 beyond its current crypto-native audience. It offers a user-friendly platform designed to simplify the deployment of mobile-first DApps, addressing the gap in mobile-native experiences within the Web3 ecosystem.

Valora is set to revolutionize Web3 with Mobile Stack

Mobile Stack seeks to revolutionize the Web3 space by providing developers with a streamlined, intuitive platform for creating and deploying mobile-first DApps.

According to Valora, only 8 of the top 100 Web3 apps listed on DApp Radar offer a mobile-native experience. This statistic highlights the significant opportunity for improvement, given that smartphones are the primary devices used by seven billion people worldwide to interact and transact online.

The current state of DApp user experience is often described as cumbersome due to the need to combine wallet apps with browsers or desktop applications to interface with Web3 applications.

Valora aims to change this by making UX a priority in Web3 development, ensuring that mobile experiences are as seamless and user-friendly as possible.

Mobile Stack serves as a customizable platform, functioning as a blank canvas with the necessary protocols and features in place for Web3 functionality. Developers can take the app and tailor it to their specific needs using only the protocols necessary for their DApp.

Stake Capital and Vana the first to launch apps on Mobile Stack

“Troopo,” a savings and earnings app from Stake Capital, and Vana’s “ChatGPT Data DAO,” a user-operated DApp aimed at empowering users to monetize their data are among the first applications to launch on Mobile Stack.

These initial apps demonstrate the versatility and potential of Mobile Stack in bringing innovative solutions to the mobile Web3 space.

Valora envisions a wide range of use cases for its Mobile Stack platform, including borderless peer-to-peer payments, simplified onboarding apps for decentralized finance (DeFi) services, driving universal basic income programs in emerging markets, and enabling “learn-to-earn” campaigns with partners such as cryptocurrency exchanges.

By providing a robust and flexible platform, Valora aims to lower the barriers to entry for developers and users alike, fostering greater adoption and innovation within the Web3 ecosystem.

Valora rapidly expanding its use cases in the Web3 space

Founded in 2020 as a decentralized wallet operating on the Celo network, Valora has quickly established itself as a key player in the Web3 space. The company completed a $20 million funding round led by A16z in 2021, underscoring its potential and commitment to advancing the Web3 landscape.

With Mobile Stack, Valora is poised to significantly impact the way DApps are developed and utilized, making Web3 more accessible and user-friendly for a global audience.

Valora’s commitment to driving Web3 adoption through mobile technology will be prominently showcased at EthCC, where key members of the team will be speaking and hosting events. CTO Silas Bw will discuss strategies for onboarding the next billion users into Web3 through mobile technology at Stable Summit II. Meanwhile, Head of Product Laura will address improving crypto UX and making Web3 mobile.

Additionally, Valora is hosting a “Welcome to Brussels” cocktail hour in partnership with Vana, Ora Protocol, and Capsule, offering attendees an opportunity to discuss the future of Web3 in a relaxed setting.

Through initiatives like Mobile Stack and active community engagement, Valora is not only addressing current challenges in the Web3 space but also paving the way for a more inclusive and accessible digital future.

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