Blocto steals the spotlight during Taipei Blockchain Week

by Arthur · December 21, 2022

Blocto stood out as an industry leader during their event BloctoCamp, which was organized together with the Aptos team.
Blocto hopes to bring the next billion users to Web3 by focusing on user experience and chain-agnostic wallet solutions.
The project will also provide a $3 million Aptos ecosystem fund to support mass adoption.

Blocto is emerging as a web3 leader

Blocto was one of the prominent projects at the recent Taipei Blockchain Week. The project demonstrated its potential during their event BloctoCamp, which was organized together with the Aptos team.

According to the press release shared with Coinjournal, Blocto said their mission is to bring the next billion users to web3 by focusing on user experience and chain-agnostic wallet solutions. Blocto currently runs on top of Apto’s blockchain and has more than 1.6 million users globally.

The team introduced the Blocto wallet as they believe an accessible and user-friendly wallet is the key to unlocking adoption momentum. With Blocto Wallet, users can start from a beginner-friendly mode without dealing with complex seed phrases and keys. The chain-agnostic wallet also allows users to easily onboard with an intuitive 30-second email login process.

During the presentation co-hosted with Aptos, Axion Asia’s Alex Lin stressed the importance of user experience and ease of use for Web3 to thrive, stressing that crypto terms are difficult to understand for beginners and praising Blocto for making the technology more familiar and accessible.

This idea is in line with Blocto’s mission to accelerate blockchain adoption through more intuitive tools and services. Blocto co-founder and CEO Hsuan Lee commented that;

“A key factor in user growth is user experience…which [the team] have appreciated a lot since day one of Blocto.”

Blocto introduces its Aptos Ecosystem Fund

Blocto demonstrated its commitment to ensuring mass adoption of web3 by launching a $3 million Aptos ecosystem fund. The fund will support ecosystem growth beyond the wallet, the Bloctos team added.

During the event, Bloctos also entered into strategic partnerships with some leading brands, including MotoGP for the MotoGP Ignition Marketplace and Yahoo Taiwan for a Yahoo NFT Store.

These partnerships also come in addition to Blocto’s integration with Flow, an ecosystem of IPs such as NBA Top Shot.

This latest cryptocurrency news comes after Blocto integrated with the Aptos chain. Leveraging Aptos’ proprietary smart contract programming language MOVE, the Blocto team continues to unveil new features for the Blocto Wallet that help users seamlessly manage crypto, NFTs and dApps.

Edwin Yen, Blocto’s co-founder and COO, believes that Aptos is a perfect match for Blocto’s growth mindset.

The Blocto team concluded that they are committed to being proactive in this field, holding both online and in-person events focused on quality and their mission to advance blockchain’s reach while strengthening ecosystem development.