The startup offers a multi-chain wallet that facilitates lending, borrowing, and staking across various blockchain networks. By utilizing decentralized security measures, the wallet enhances user privacy and mitigates the risks associated with click fraud in decentralized finance (DeFi) transactions.
Funding
$800K 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
Navigating the complexities of decentralized finance (DeFi) across multiple blockchain networks can be challenging for both new and experienced users. Existing wallets often lack integrated tools for seamless swapping, staking, lending, and borrowing, forcing users to rely on external dApps and in-app browsers. Managing seed phrases and ensuring asset security also present ongoing concerns for users in the DeFi space.
Solution
NYCrypto offers Tidus Wallet, a non-custodial, multi-chain wallet designed to simplify DeFi interactions and enhance user experience. Tidus provides a unified platform for swapping, staking, lending, and borrowing across various blockchain networks, eliminating the need for clunky in-app browsers and multiple external applications. The wallet supports effortless on-ramping to any blockchain, enabling users to buy and sell crypto with ease, without the complexities of bridging assets. Tidus also incorporates social recovery options for securely storing seed phrases on the user's device, providing greater control and peace of mind.
Target Audience
The primary target audience includes both new and experienced cryptocurrency users seeking a user-friendly, secure, and comprehensive platform for managing their DeFi activities across multiple blockchain networks.
Features
- Multi-chain support for seamless DeFi interactions across various blockchain networks
- Integrated swap, stake, lend, and borrow functionality within the wallet
- Effortless on-ramping to any blockchain without the need for bridging assets
- Non-custodial design ensuring users retain full control over their funds
- Social recovery feature for secure seed phrase management
- Tidus Tips, providing in-app educational resources and explanations
- Mobile DAO tooling, providing notifications, voting, and proposals directly in-wallet for DAOs on supported chains
- DApp mobile integrations, allowing dApps to be accessed by mobile users