The startup develops a blockchain wallet and NFT cross-chain trading platform that enables users to manage and transact digital assets like Bitcoin, Ethereum, and Binance Coin across multiple blockchains simultaneously. This solution addresses the complexity of handling diverse cryptocurrencies by providing a unified interface for purchasing and utilizing various crypto assets.
Funding
$200K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing digital assets across multiple blockchains can be complex, requiring users to navigate different interfaces and protocols for each cryptocurrency, which creates friction and limits accessibility. Existing Web3 wallets often lack the user-friendliness needed for mainstream adoption, hindering the onboarding of new users into the decentralized ecosystem.
Solution
Blocto provides a smart contract wallet with account abstraction, simplifying the management of crypto and NFT assets across multiple blockchains. The platform offers a user-friendly experience with Web2-style social login onboarding, gas-efficient transactions via batching, and ERC-20 token gas fee subsidies. Blocto's non-custodial solution and multi-signature system ensures users maintain control over their digital assets, backed by rigorous security audits. The Blocto SDK enables developers to integrate Web3 functionalities into their dApps, creating a seamless onboarding experience for users.
Target Audience
Blocto targets both individual users seeking a simplified Web3 experience and developers looking to integrate Web3 functionalities into their applications, specifically DeFi, NFT, and gaming dApp developers.
Features
- ERC-4337 compatible smart contract wallet with flexible account abstraction
- Support for multiple blockchains including Ethereum, Flow, Aptos, Polygon, BNB Chain, Arbitrum, and Optimism
- Web2-style social login onboarding for simplified user experience
- Batch transactions for gas-efficient transactions
- ERC-20 token gas fee subsidies
- Non-custodial solution with self-developed multi-sig system for asset protection
- Blocto SDK for instant Web3 integration into dApps
- BloctoSwap decentralized exchange for token swapping
- BloctoBay NFT marketplace for trading and storing NFTs