“One day nobody will believe that early crypto users paid gas fees for every on-chain transaction!”
This X post shared by WalletX exemplifies what they are building – the future of smart wallet technology.
The platform boasts a combination of cutting-edge security features, user-friendly functionalities, and innovative opportunities for users to monetize their engagement within the Web3 ecosystem.
At its core, WalletX prioritizes 3 key functionalities:
- Gasless Transactions: One of the most distinctive features of WalletX is the incorporation of gasless transactions. Through sponsored gas transactions via industry-first P2P advertisement layer, WalletX eliminates the need for users to pay gas fees when they carry out transactions on major EVM networks.
- Enhanced Security: WalletX leverages a non-custodial security model with passkeys implementations, ensuring users retain complete control over their digital assets.
- Frictionless User Experience: Seamless dApp integration and multichain support with EIP-6963 implementation allows WalletX users to effortlessly navigate the decentralized web and manage assets across various blockchain networks.
WalletX goes beyond just providing a secure and user-friendly platform. It has introduced a unique P2P advertisement layer that creates a win-win situation for both users and web3 advertisers.
Users view advertisements from sponsors and in return, earn EXP points. These EXP points can be converted into crypto rewards or $WAX tokens, offering users tangible rewards for their engagement. Advertisers, on the other hand, gain valuable access to a targeted audience within the Web3 ecosystem through WalletX’s P2P advertisement layer.
In simple words: Co-founder, CryptoRohittt explains that WalletX is recreating Google’s financial success in web3.
The $WAX token is the backbone of WalletX’s monetization system. There’s a fixed total supply of 500 million $WAX tokens allocated for various purposes including pre-seed investor, user EXP conversion, funding community DAO Funds, and team allocations. Users are incentivized to engage with WalletX activities as they earn EXPs which can be converted to $WAX tokens. Additionally, staking $WAX tokens unlocks exclusive benefits and participation in Community DAO Funds governance.
In recent developments, WalletX announced its partnership with OneID to make sending crypto even easier! OneID lets users have a unique username instead of a long and complicated crypto address.
To celebrate this partnership, WalletX is giving away free crypto. The first 200 people from the OneID community who use WalletX will get 100,000 $BTT tokens on https://user.getwalletx.com
