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Home»Blockchain»Coin98 launches DApp store on NEAR’s Blockchain operating system
Blockchain

Coin98 launches DApp store on NEAR’s Blockchain operating system

2023-11-04No Comments2 Mins Read
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Coin98, a prominent multichain wallet and DeFi platform with over 7 million users in 170 countries, has unveiled a groundbreaking decentralized DApp store powered by the NEAR Blockchain Operating System (BOS).

This innovation aims to streamline user access to Layer-2 (L2) ecosystems and provide a seamless experience for DeFi enthusiasts and Web3 users.

One-stop shop for Ethereum Layer-2 ecosystems

Coin98’s new decentralized DApp store acts as a one-stop shop for users, providing an intuitive interface to access top bridging and DeFi protocols in Ethereum Layer-2 ecosystems.

This development significantly improves the accessibility and discoverability of L2 solutions, making it easier for users to explore this growing space.

The Coin98 Super Wallet, which supports more than 70 chains and 15,000 DApps, now includes the BOS gateway. Users can seamlessly explore new Layer-2 and DeFi ecosystems through a unified interface.

Notably, the frontend code for DApps is stored on-chain on the NEAR blockchain, ensuring a fully decentralized experience for users. This innovation enhances Coin98’s position in the competitive wallet market by simplifying interaction with top Layer-2 solutions.

NEAR’s Blockchain Operating System

NEAR’s BOS technology is at the heart of this initiative. It provides a chain-agnostic tech stack for decentralized frontends, simplifying the development process and enabling scalable integration of new applications.

This solution addresses the persistent challenges of complex onboarding and fragmented user experiences in the Web3 space, providing an easy-to-use and efficient gateway for both new and experienced users.

Coin98 founder Thanh Lê emphasized the vision to make Web3 accessible to all users. With BOS, they have created an easy-to-use interface that promotes decentralization under the hood and provides frictionless interaction with exciting Layer-2 ecosystems. The efficiency of the technology significantly shortens the development process, allowing rapid and scalable integration of new applications.

See also  Circle and HKT Sign MOU to Explore Developing Blockchain Loyalty Programs in Hong Kong

Coin98’s launch of a decentralized DApp store, powered by NEAR’s BOS, marks an important step in simplifying the Web3 user experience. The BOS allows users to explore different Layer-2 ecosystems seamlessly and efficiently, eliminating complexity and switching costs. This initiative aligns with NEAR’s mission to drive mainstream adoption of the Open Web by delivering exceptional user experiences and demonstrates the growing trend of innovative gateways that enhance the blockchain landscape.

The post Coin98 Launches DApp Store on NEAR’s Blockchain Operating System appeared first on Invezz

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