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Trust Wallet Bets Big on TON Blockchain: A GameFi Gambit

Jul, 31 2024 17:11
Trust Wallet Bets Big on TON Blockchain: A GameFi Gambit

Trust Wallet, a major player in self-custody Web3 wallets, has inked a deal with The Open Network (TON). The partnership aims to boost blockchain adoption. It's a big move.

The collaboration taps into Telegram's massive user base. Trust Wallet plans to focus on gaming finance (GameFi) and decentralized applications (DApps). It's a smart play.

Trust Wallet's 100 million users will now be able to send and receive Toncoin (TON) tokens. That's according to a press release shared with Cointelegraph. It's a game-changer for TON.

Nate Zou, Trust Wallet's head of product, spoke to Cointelegraph. He said the company plans to "provide more access to [the] Ton ecosystem" for users. Single chain and cross-chain swaps are on the cards. TON NFTs might also get support.

The integration promises smoother interactions with TON's blockchain tech. TonKeeper wallet imports into Trust Wallet are coming "in the coming weeks". That's pretty soon.

More features are in the pipeline. TON Connect and TON DApps integration is planned "in the coming months". Users are in for a treat.

Zou called the partnership a "natural progression" for Trust Wallet. He said their values align with TON's "community-driven and user-friendly approach". It's a match made in Web3 heaven.

Trust Wallet recently launched an open-source solution called Barz. It's an ERC-4337-compatible smart wallet. The aim? To help devs overcome wallet challenges and boost Web3 adoption.

Luis Ocegueda, Trust Wallet's engineering head, praised open-source development. He said it allows developers to "do things that we may or may never had even an idea that can do". It's all about innovation.

In other wallet news, Ledger unveiled a new touchscreen wallet. CEO Pascal Gauthier outlined three key aspects of wallet security. He claims their new wallet ticks "all three boxes". It's a bold statement in the competitive wallet market.

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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