Peer-to-peer payments company Valora recently launched “Mobile Stack”, a decentralized, permissionless, open protocol-based launchpad for Web3 DApps on mobile devices.
According to a Valora press release obtained by Cointelegraph, “only 8 of the top 100 Web3 apps on DApp Radar have a mobile native experience.” The company hopes to change this by providing developers in the Web3 community with a simple mobile experience. An intuitive platform for delivering user-friendly mobile DApps.
“UX is typically an afterthought in web3, and mobile experiences are few and far between despite smartphones being the primary devices used by seven billion people worldwide to interact and transact online.”
Mobile users include Robinhood Crypto and Coinbase applications. However, the DeFI and Web3 communities are generally more active in the desktop/laptop space. This may be due to the difference in perceived difficulty between developing for PC/Linux and building mobile-first applications.
Cumbersome DApp UX
Valora described the current state of DApp user experience as “Cumbersome” because users must combine a wallet app with a browser or desktop application to interact with Web3 applications.
Based on information from Valora, Mobile Stack acts as a blank canvas for developers with the protocols and features required for Web3 functionality. Developers take a placeholder app and customize it for their DApp’s specific needs with only the protocols they need.
According to the press release, the first apps to launch on Mobile Stack include Stake Capital’s savings and income app “Troopo” and Vana’s “ChatGPT Data DAO,” a user-driven DApp that allows users to monetize their data. Must be enabled.
MobileStack Use Cases
The company also highlighted several potential use cases for the MobileStack platform, including borderless peer-to-peer payments, simplified onboarding apps for DeFi services, advancing universal basic income programs in emerging markets, and enabling learning-earning campaigns with partners such as cryptocurrency exchanges.
Valora was founded in 2020 as a decentralized wallet operating on the Celo network. As Cointelegraph reported in 2021, the company closed a $20 million funding round led by A16z and became a standalone company independent of Celo.