The new web3 discovery surface will give users the opportunity to explore the best decentralized applications (dApps) available on Web3.
As part of its web3 expansion efforts, US crypto exchange Coinbase Global Inc (NASDAQ: COIN) has just added a new web3 discovery surface. This comes a few hours after the recent presentation of its Wallet as a Service (WaaS) solution to help companies onboard their users to web3.
According to a Twitter advertisement, the new web3 discovery surface will give users the opportunity to explore the best decentralized applications and services (dApps) available on web3. That is, they will have access to non-fungible tokens (NFTs), web3 games, decentralized social networks and many more.
Coinbase to integrate more dApps
According to the announcement, Coinbase confirms that it will continue to update its listings with new releases on the Ethereum and Polygon chains. However, the firm also says that it will look to add more dApps on other chains soon. This is to aid adoption and help drive expansion of their Web3 solutions.
Overall, Coinbase seeks to provide its users with a seamless Web3 experience. To this end, the exchange also assures users that they can use any wallet that supports a dApp. However, alternatively, they could use Coinbase’s Web3 wallet to transact directly with their Coinbase account for ease and convenience.
For developers who are interested in having their dApps featured, Coinbase also asks them to indicate their interests and record respectively.
Are dApps becoming more popular?
Until now, start-ups, companies, and institutions have always been in constant search of new ways to deliver value to their customers. More recently though, these companies are starting to realize that web3 presents a massive industry for new dApps. And now, they just want to help their customers access these dApps.
But then, there are many complexities – scalability, security and others – associated with building gateways to Web3. Therefore, these companies would prefer to entrust the process to platforms like Coinbase, which already offers a user-friendly gateway for Web3. This way, they can focus on their core business while letting Coinbase handle the technicalities.
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Mayowa is a crypto enthusiast/writer whose conversational nature is quite evident in his writing style. He strongly believes in the potential of digital assets and takes every opportunity to reiterate it. He is a reader, a researcher, an astute speaker, and also a budding entrepreneur. Away from cryptocurrency, however, Mayowa’s imagined distractions include soccer or discussions of world politics.
