Peer-to-peer payments firm Valora has launched "Mobile Stack", a decentralized, permissionless and open protocol launch platform for Web3 DApps on mobile devices. According to Valora, only 8 of the top 100 Web3 apps on DApp Radar have a mobile native experience. The company hopes to change this by offering developers in the Web3 community a simple, intuitive platform to deploy user-friendly, mobile-first DApps.
Valora noted that the DApp user experience is "cumbersome" due to the need to integrate wallet applications with browsers or desktop applications so that users can interact with Web3 applications. Mobile Stack serves as a blank canvas for developers with the necessary protocols and features in place for Web3 functionality. Developers take the placeholder app and customize it to the needs of their specific DApp, using only the protocols that are required.
Valora highlighted potential use cases for its Mobile Stack platform, including cross-border peer-to-peer payments, simplified onboard applications for DeFi services, driving universal basic income programs in emerging markets, and enabling âlearn-to-monetizeâ campaigns with partners such as cryptocurrency exchanges. .
Valora was founded in 2020 as a decentralized wallet running on the Celo network. As Cointelegraph reported in 2021, the company closed a $20 million financing round led by A16z and became an independent business from Celo.#blockchain#Web3 #DApps
We are waiting for your comments: What effects do you think Web3 applications becoming more widespread on mobile devices might have?
