MetaOne Wallet introduces new features and additional blockchain support to facilitate Web3 accessibility

by Arthur · February 27, 2023

AAG-owned MataOne, a wallet solution for exploring the Web3 and metaverse, has announced the introduction of new innovative features that will add additional layers of convenience and ease to accessing the Web3.

Why it matters: The new features are gathered in the MetaOne wallet to complete the transition to MetaOne 2.0.

According to a press release, “Version 2.0 will make it easier than ever for users and businesses to use and manage digital assets, thanks to a collection of innovative new features.”

If the new innovative features hold up, they should make MetaOne 2.0 an important entry into Web3.

While the hype surrounding Web3 continues to gain traction, there are several challenges that Web3 developers must overcome first.

One of these challenges is user experience. MetaOne tries to solve this challenge by using a user-first, one-stop approach to wallet design.

The wallet has attempted to simplify the process of accessing Web3 by removing seed sentences and replacing them with a simple and secure registration. People are used to this in their daily interactions with Internet applications and tools.

Like some of the leading Web3 markets, MetaOne is a simple, secure wallet for storing crypto-assets and NFTs. It also allows users to connect to dApps and easily browse Web3 projects.

The MetaOne wallet is available to download for iOS or Android devices.

What else is new: Apart from the addition of a set of innovative features, MetaOne has added support for 4 more blockchains. The supported blockchains are:

Saakuru – This is a layer 2 blockchain that offers high transaction volume, zero gas fees and a flexible token design that supports both non-fungible tokens (NFT) and fungible tokens. This protocol is built on the Oasys blockchain and is owned by AAG, the same software maker that owns the MetaOne wallet.
Oasys – a multi-layer eco-friendly blockchain designed for gaming.
Arbitrum – a layer 2 solution that enhances Ethereum’s capabilities. It is an important blockchain for DeFi.
Avalanche – Avalanche is the 15th most valuable blockchain in the world.

AAG has also released new enterprise features that enhance MetaOne’s functionality and reach. The first is MetaOne Connect, a new feature that significantly lowers the barriers to Web3 entry.

The other enterprise feature is MetaOne ZK. MetaOne’s zero-knowledge certificate verifies an identity without revealing the owner’s identity. This is very important to be in line with crypto’s original ethos of anonymity. Zero knowledge proof is used in cryptocurrencies such as Z-Cash where privacy and anonymity are a high priority.

What’s in the Pipeline: MetaOne will be releasing more features in the coming weeks to provide a smooth Web3 experience.

The features of the pipeline include:

Wallet Address Book – this is an important feature already implemented by exchanges and some wallets. It allows users to save their frequently used wallet addresses. This is a very useful feature.
Wallet Connect 2.x Integration – Feature that makes it easy to connect MetaOne to dApps
Cross Chain Asset Swap – swap assets inside the MetaOne wallet without having to transfer your assets to exchanges.
Fiat Off-Ramp – Convert your crypto directly to fiat currency (funds are deposited into the user’s bank account) using your MetaOne wallet.

Nuggets of information about AAG: AAG Ventures is a Web3 infrastructure company that creates software to explore economic opportunities throughout the metaverse.

AAG has grown into an ecosystem underpinned by the AAG token, which can be traded on several centralized exchanges such as MEXC Global and Gate.io or exchanged on Sushi and Uniswap decentralized exchanges.

AAG is currently building its Learn and Earn program. This is similar to Coinbase’s Learn and Earn program, which encourages learning.