REDACTED 2024 SWEAT NEAR Consumer Crypto

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=NDLhRA9cOqw

Explore how SWEAT uses NEAR’s Chain Abstraction to build products for millions of active mobile users - together leading the charge in consumer crypto adoption. • Oleg Fomenko - Sweat Economy • Takeaways: • Consumer Crypto as the Next Frontier: The transition from infrastructure-focused blockchain development to consumer-driven crypto is essential. Drawing parallels from historical technology cycles (like the internet, radio, and mobile), the speaker argues that Web3 must shift focus to user adoption, with infrastructure supporting consumer-oriented applications. • Challenges of a Fragmented Blockchain Landscape: With over a thousand active blockchain chains but fewer than 600 dApps with significant user bases, the market is oversaturated. This complexity is unsustainable, with excessive chains vying for limited decentralized applications, underscoring the need for consolidation and focus on user engagement. • Mobile-First, Simplified UX: The next billion users of blockchain technology will primarily access it via mobile. Simplified, chainless user experiences are crucial to reduce friction and improve accessibility, making it easy for users to interact with crypto without navigating multiple chains or wallets. • NEAR Protocol’s Role in Enabling Consumer-Centric Solutions: NEAR’s technological innovations, including sharded architecture, chain signatures, and one-click multi-chain connect, provide the essential tools for a seamless, user-friendly blockchain experience. These features are integral to the vision of consumer crypto, supporting a cross-chain, intuitive experience for users. • Sweat Wallet’s Vision for the Future: Sweat Wallet aims to deliver a one-stop mobile app where users can manage assets across all chains using a single key. This streamlined approach includes the ability to pay fees with a single currency, “Sweat,” regardless of the chain—enhancing convenience and appealing to a broad user base. • NEAR is the Blockchain for AI • Website: https://near.org/ • NEAR AI: https://near.ai/ • Intents: https://near.org/intents • Chain Abstraction: https://www.proximity.dev/ • Sharding: https://nearone.org/ • For the devs • GitHub: https://github.com/near • Dev Docs: https://docs.near.org/ • Devhub: https://devhub.near.page/ @NEARDevHub • Connect with socials • Twitter: / nearprotocol • Blog: https://near.org/blog/ • Medium: / nearprotocol • #NEAR #nearprotocol #nearai

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