About Setter

Setter is a smart contract wallet designed to facilitate seamless transactions between web2 and web3 platforms for mainstream users. By simplifying the user experience and enhancing security, Setter enables individuals to engage in decentralized commerce without the complexities typically associated with blockchain technology.

```xml <problem> Current Web3 wallets often present a complex user experience, creating a barrier to entry for mainstream users accustomed to the simplicity of Web2 applications. This complexity hinders the adoption of decentralized commerce and limits the potential reach of Web3 technologies. </problem> <solution> Setter provides a smart contract wallet designed to simplify transactions between Web2 and Web3 platforms, aiming to bridge the gap for mainstream users. The wallet abstracts away the complexities of blockchain technology, offering a user-friendly interface that resembles familiar Web2 applications. By enabling seamless interaction with both traditional and decentralized systems, Setter facilitates wider participation in the Web3 ecosystem. The platform utilizes a dual-token system with $STR (ERC-20) and Setter Pass NFT (ERC-721) for rewards and access, and leverages tokenbound accounts (TBA) for customizable digital assets. </solution> <features> - Smart contract wallet designed for seamless Web2/Web3 transactions - Dual-token system: $STR (ERC-20) and Setter Pass NFT (ERC-721) for rewards and access - Tokenbound Accounts (TBA) for attaching and customizing digital assets - Multichain support via LayerZero's OFT standard, enabling bridging across EVM chains like Polygon, Base, and Blast - Focus on partnerships with streetwear, sneaker, fashion, and luxury brands </features> <target_audience> The primary target audience includes mainstream users who are new to Web3, as well as brands looking to engage customers with exclusive products and limited edition drops through Web3-powered commerce. </target_audience> ```

What does Setter do?

Where is Setter located?

Setter is based in New York City, United States.

How much funding has Setter raised?

Setter has raised 5000000.

Location

New York City, United States

Funding

5000000

Employees

8 employees

Major Investors

Andreessen Horowitz

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Setter

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

setter.co 100+

Crunchbase

New York City, United States

Funding

Estimated Funding

$5M+

Major Investors

Andreessen Horowitz

Team (5+)

No team information available.

Company Description

Problem

Current Web3 wallets often present a complex user experience, creating a barrier to entry for mainstream users accustomed to the simplicity of Web2 applications. This complexity hinders the adoption of decentralized commerce and limits the potential reach of Web3 technologies.

Solution

Setter provides a smart contract wallet designed to simplify transactions between Web2 and Web3 platforms, aiming to bridge the gap for mainstream users. The wallet abstracts away the complexities of blockchain technology, offering a user-friendly interface that resembles familiar Web2 applications. By enabling seamless interaction with both traditional and decentralized systems, Setter facilitates wider participation in the Web3 ecosystem. The platform utilizes a dual-token system with $STR (ERC-20) and Setter Pass NFT (ERC-721) for rewards and access, and leverages tokenbound accounts (TBA) for customizable digital assets.

Features

Smart contract wallet designed for seamless Web2/Web3 transactions

Dual-token system: $STR (ERC-20) and Setter Pass NFT (ERC-721) for rewards and access

Tokenbound Accounts (TBA) for attaching and customizing digital assets

Multichain support via LayerZero's OFT standard, enabling bridging across EVM chains like Polygon, Base, and Blast

Focus on partnerships with streetwear, sneaker, fashion, and luxury brands

Target Audience

The primary target audience includes mainstream users who are new to Web3, as well as brands looking to engage customers with exclusive products and limited edition drops through Web3-powered commerce.