Decoding Web3: JOIN’s Seamless Gateway to a Decentralized Future
Discover how the JOIN Smart Wallet leverages the latest in Account Abstraction technology, removing entry barriers and enhancing the experience for existing users.
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Arthur Thiry
Chief Marketing Officer, JOIN GmbH
Making Sense of the decentralized web
Ever dabbled in Web3, also known as the decentralized web?
Picture this: one project offers a snazzy NFT marketplace, another unveils an interesting yield feature. Being separate projects, end-users would normally need to discover both and then visit them separately to use these functions. Then, along comes a savvy developer who thinks, “Why not blend them?”.
That’s the magic of Web3 — it’s permissionless. This means developers can create new innovations while incorporating elements from elsewhere that have already proven their worth. It’s like piecing together Lego, where potential combinations are not limited by contractual barriers or regulatory constraints.
Illustrations of this concept are abundant. Ethereum, for instance, has established an infrastructure that enables such composability among Ethereum-based decentralized applications (dApps). These dApps can, for example, freely access Uniswap’s contracts for liquidity or invoke Airswap contracts for on-chain OTC trades, all without the need for negotiation or formal approvals.
All Your Crypto Needs, One Place
The world of dApps can sometimes feel like a labyrinth. So much to explore, and for the uninitiated, it might seem somewhat daunting.
Enter JOIN. As an all-in-one wallet offering easy interaction with both cryptoassets and traditional financial rails, JOIN is creating an environment conducive to mass adoption. No need to shuffle between multiple apps; instead enjoy direct access to the best bits with reduced friction and a far lower barrier to entry.
As Larry Page (Google co-founder) insightfully put it, “Challenge the impossible and innovate.”
That’s the ethos behind JOIN. We envisage a comprehensive, user-friendly investment app designed to introduce users to the Web3 world seamlessly. Ideally, most Web3 users should engage with protocols without recognizing which blockchain is at work, or even feeling like they’re interacting with blockchain technology to begin with.
A Wallet Tailored for You
Heard of account abstraction? It sounds like jargon, but it’s a game-changer for Web3 wallets. In the crypto world, there are two primary account types:
Externally Owned Accounts (EOAs) — Think of it as a personal vault, controlled by a single user/key, such as MetaMask or Phantom.
Smart Accounts (SAs) — These are more functional, and controlled by code or smart contracts.
While EOAs have their merits, they aren’t a viable solution for onboarding the next billion people onto Web3. They cater to the tech-savvy but offer poor flexibility, while needing a certain level of competence to securely manage private keys and guarding against the associated risks.
JOIN’s MPC Wallet, featuring Account Abstraction, provides a better way to interact with blockchains. Tailored for both seasoned crypto enthusiasts and newcomers, it offers a familiar onboarding process and easy account recovery. Users can enjoy the convenience of executing multiple transactions in one go, benefit from gas-free transactions, and have the flexibility to pay gas in stablecoins or other tokens. Moreover, the wallet is capable of flexible transaction logic and privacy-preserving transactions.
Unlike the traditional EOA wallets we’re accustomed to, the JOIN Smart Wallet harnesses the newest advancements in wallet technology, effectively eliminating existing barriers to entry while vastly improving the experience for current users.
JOIN: Your All-In-One Toolkit for Cryptoassets
The JOIN Smart Wallet packs features tailored for both the crypto-curious and seasoned enthusiast:
One-click Swap: Trade any cryptocurrency/token with a single click.
Fiat On/Off-ramp: Transition between crypto and cash with ease.
Banking Integration: Manage your daily finances with a multi-currency IBAN account.
Investments in Stocks and Commodities: Diversify your portfolio with Apple, Tesla, Google, gold, timber, and more.
One-click Real World Assets (RWA): Invest in fractional RWA on-chain, making them accessible to a wide range of investors 24/7. Through our partnership with a ‘proof of law’ partner, you can certify your own RWAs for sale or use them as collateral in DeFi.
JOIN_YIELD: Access the most attractive DeFi yields with ease, all expertly optimized in the background.
JOIN_LEND: Effortlessly secure an undercollateralized stablecoin loan. Simple, swift, and efficient.
We are breaking the psychological barriers that prevent people from buying Bitcoin, Ethereum and interacting with the complex world of decentralized finance.
JOIN’s built-in protocols ensure that you are always secure and compliant, no matter what actions you are taking.
Let’s shape the future of decentralized finance together. JOIN us!