Valora launched the ‘Mobile Stack’ Web3 launch pad for iOS and Android
Peer-to-peer payments firm Valora recently launched “Mobile Stack”, a decentralized, permissionless and open protocol startup for Web3 DApps on mobile devices.
According to Valora, in a press release seen by Cointelegraph, “only 8 of the top 100 Web3 apps on the DApp radar have a mobile native experience.” The company hopes to change this by providing developers in the Web3 community with an easy and intuitive platform to deploy user-friendly, mobile-first DApps. .
“UX is traditionally an afterthought on Web 3, and although smartphones are the primary devices used by seven billion people worldwide to communicate and interact online, mobile experiences are few and far between.”
Other fintech and crypto-related apps have found success with mobile users, including the Robin Hood Crypto and Coinbase apps. However, the DeFI and Web3 communities operate in the desktop/laptop space. This may be due to the differences between developing for PC/Linux and creating mobile first applications.
Difficult DApp UX
Valora describes the current DApp user experience as “frustrating” as it is necessary to integrate wallet applications with browser or desktop applications in order for users to interact with Web3 applications.
Based on information provided by Valora, the mobile stack acts as a blank canvas for developers with protocols and features necessary for Web3 functionality. Developers can take a placeholder app and customize it for specific DApp needs using only the necessary protocols.
According to the press release, among the first apps launched on Mobile Stake are “Troopo”, a savings and income app from Stake Capital, and Vana's “ChatGPT Data DAO”, a user-managed DApp to enable users to monetize their data.
Mobile stack usage issues
The company has identified a number of potential cases for the mobile stack platform, including borderless peer-to-peer payments, easy onboarding apps for DeFi services, driving universal basic income programs in emerging markets and “to learn” campaigns. Partners like cryptocurrency exchanges.
Valora was founded in 2020 as a decentralized wallet running on the Cello network. In 2021, Cointelegraph reported, the company completed a $20 million round of funding led by A16z and became an independent business separate from Cello.
Related: Web3 Users Hit 10M All-Time High in Q2: DappRadar
