Timeless Launches First Social Wallet for Web3 Builders and Cryptocurrency Enthusiasts
According to reports, Timeless, a multi chain social wallet, announced the launch of the first social wallet designed specifically for web3 builders and cryptocurrency enthusiasts.
According to reports, Timeless, a multi chain social wallet, announced the launch of the first social wallet designed specifically for web3 builders and cryptocurrency enthusiasts. Timeless raised pre seed funding from HashKey, Signum, and SNZ in 2022.
Timeless Launches First Web3 Social Wallet
As the world of cryptocurrency and blockchain continues to evolve rapidly, the need for innovative and secure digital wallets has become more pressing than ever. In response to this growing demand, Timeless, a multi-chain social wallet, has announced the launch of the first social wallet designed specifically for web3 builders and cryptocurrency enthusiasts. This groundbreaking platform promises to offer a seamless user experience that leverages the latest advancements in decentralized finance technology.
What is Timeless?
Timeless is a social wallet that allows users to store, manage and exchange their digital assets in a decentralized and secure way. It is built on the Ethereum blockchain and supports multiple blockchain networks such as Binance Smart Chain, Polygon, and Avalanche. Timeless is designed to empower users to fully leverage the potential of the decentralized finance ecosystem by connecting them with various DeFi protocols, dapps, and other blockchain services.
The Need for a Social Wallet
Traditional wallets are designed to simply store digital assets. However, the growth of the decentralized finance ecosystem has created a need for more sophisticated wallets that can facilitate interactions between users and DeFi protocols. Social wallets expand on the capabilities of traditional wallets by incorporating social elements that allow for the creation of social profiles, connecting with like-minded users based on common interests, and discovering new DeFi protocols and dapps.
The Timeless Advantage
Timeless offers several unique features that set it apart from other social wallets in the space. The platform offers a user-friendly interface that is easy to navigate and understand, making it accessible to both experienced cryptocurrency enthusiasts and novices alike. The wallet also features a built-in chat function that allows users to communicate directly with their connections. Additionally, Timeless offers access to an extensive library of blockchain resources and educational materials that help users stay up-to-date with the latest developments in the industry.
Funding and Backing
In 2022, Timeless raised pre-seed funding from industry-leading investors, including HashKey, Signum, and SNZ, which allowed the platform to continue to develop and refine its product. These investments represent a vote of confidence in Timeless and its team, showcasing the potential for the platform to revolutionize the world of cryptocurrency and blockchain.
Conclusion
The launch of Timeless marks a significant step forward for the decentralized finance ecosystem. By combining the social elements of traditional wallets with the power and security of blockchain technology, Timeless offers a truly unique and innovative platform for web3 builders and cryptocurrency enthusiasts. With backing from top investors in the industry, Timeless is poised to become a leader in the rapidly evolving world of cryptocurrency and blockchain.
FAQs
1. What makes Timeless different from other social wallets?
Timeless offers a comprehensive suite of features that make it stand out from other social wallets, including a user-friendly interface, built-in chat function, and access to educational resources.
2. What blockchain networks does Timeless support?
Timeless supports multiple blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and Avalanche.
3. What is the significance of the pre-seed funding that Timeless received?
The pre-seed funding that Timeless received from industry-leading investors is a testament to the platform’s potential to revolutionize the world of cryptocurrency and blockchain.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/9246.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What is a rich stock
what richcoin is. richcoin is a Cryptocurrency used to exchange and trade assets. It can be compared with digital tokens such as ETH, LTC, and XRP in Bitcoin, as it is built using a technology called “wallet” and cannot be replicated or replaced in Bitcoin. And this means that anyone can send it to an anonymous wallet address or receive these funds through other means Due to its unique nature, it has a high degree of privacy and verifiability, hence it is called RichCoin. Although some people believe that this is a pseudo concept, it seems that some people believe that this is a good solution, and most people know that this statement is incorrect. According to Bitcoin. com, senior trader Rich Stock has reached a consensus with blockchain companies. They believe that Cryptocurrency will become the backbone of the future financial system. But at the same time, due to technical problems, regulatory uncertainty and lack of understanding of the…
-
#Allbridge’s BUSD/USDT Fund Pool Targeted by Hackers
On April 3rd, Allbridge tweeted that the attack targeted the BUSD/USDT fund pool on BNB Chain, and only the fund pool on BNB Chain was affected by the attack, but the vulnerability
-
Axis Infinity Announces Final Stage of Origins S3 Mystic Era with Huge Prize Pool
On March 29, it was announced that the chain game Axis Infinity announced that Origins S3 had started the final stage of Mystic Era. Mystic Era will last for two weeks, with a tota
-
Galaxy Blitz connects web2 and Web3 through payment channel
On March 16th, it was announced that Galaxy Blitz, a large Web3 game project, has opened a payment channel for web2 players. At that time, Galaxy Blitz can easily purchase in-game resources using over 130 fiat currencies and over 700 payment methods without any wallet knowledge and operation. Web3 game Galaxy Blitz opens legal currency payment channel Analysis based on this information:The recent announcement of Galaxy Blitz opening a payment channel for web2 players has significant implications in the world of gaming and blockchain technology. Galaxy Blitz is a large-scale Web3 game project that operates on the blockchain. It has now expanded its reach to web2 players, which means that it is now easier for players who are not familiar with blockchain technology to purchase in-game resources. With this new payment channel, Galaxy Blitz has made it possible for players to purchase these resources using over 130 fiat currencies and over 700 payment methods without requiring them to have any…
-
Under what circumstances will Bitcoin be frozen
When Bitcoin will be frozen after being hacked, some users find themselves unable to use their private keys. They believe that not letting others know that they have Bitcoin in their wallets may cause serious losses and impacts According to a recent report by encryption analysis company Chainalysis, due to network security reasons (such as malware, phishing emails, and other factors) and various other factors, most exchanges are currently unable to access users’ private keys or funds, resulting in many Bitcoin transactions being subjected to “terrifying” situations: when Bitcoin is stolen, these accounts usually transfer from their wallets to another address; At this point, the platform seems to have handed over control to third-party custodians to protect them, so there may be a loophole – the risk of freezing Bitcoin accounts To prevent this from happening, Coinbase is launching a service for its customers that allows them to exchange digital assets with other institutions through electronic means; Then they plan…
-
Ethereum Improvement Proposal: EIP-6147 on Guard Settable Expiry Time
On March 7, it was reported that the Ethereum improvement proposal EIP-6147 proposed by 10K Universe has been moved to the final version. This standard is an e…
-
Bitcoin Network Statistics: An Overview of the Latest Data
On April 24th, according to Tokenview data, the current Bitcoin network computing power reaches 351.26EH/s; The overall network difficulty of Bitcoin is 48.71T; The total number of
-
Money Security NFT Market Expands Supported Chains to Include Polygon Network
On March 8, the money security NFT market announced that the Polygon network has been added to its supported chain list. Users can now purchase, deposit, withd…
-
What is the price of Yitai currency (What does Yitai mean now)?
What is the price of Yitai currency? What is the price of Yitai currency? What
-
Braavos Multi-Signer: An Added Layer of Security for StarkNet’s Ecological Self-Hosted Wallet
On February 21, it was reported that the StarkNet ecological self-hosted wallet Braavos has been testing the online line Braavos Multi-Signer, which allows the…