Soul Wallet

About Soul Wallet

Provides a cross-L2 Ethereum wallet leveraging ERC-4337 account abstraction to enable social recovery, passkey-based transaction signing, and gas fee payments with ERC-20 tokens. This wallet eliminates the risks of lost access and single points of failure, offering a secure and user-friendly self-custody solution across multiple Layer 2 networks. Open-source and community-driven, it supports platforms like Arbitrum and Optimism, with plans for further L2 integration.

```xml <problem> Managing private keys for Ethereum Layer 2 networks can be cumbersome and risky, with users often facing the risk of losing access to their funds due to lost keys or insecure storage. Traditional self-custody solutions present a single point of failure, while centralized exchanges introduce counterparty risks. </problem> <solution> Soul Wallet is a smart contract wallet designed for Ethereum Layer 2s, leveraging ERC-4337 account abstraction to provide a secure and user-friendly self-custody experience. It enables social recovery, allowing users to recover their wallets through a network of trusted individuals, eliminating the need for traditional recovery phrases. The wallet also supports passkey-based transaction signing using biometric authentication like Face ID or Touch ID, offering a safer alternative to private keys. Users can pay gas fees with ERC-20 tokens, simplifying the transaction process across different L2 networks. </solution> <features> - ERC-4337 account abstraction for enhanced security and flexibility - Social recovery mechanism to prevent loss of funds due to lost keys - Passkey-based transaction signing using Face ID/Touch ID - Gas fee payments with ERC-20 tokens - Cross-L2 compatibility, supporting networks like Arbitrum and Optimism, with plans for further integrations (Base, Scroll, Taiko, etc.) - Open-source codebase for community-driven development and transparency </features> <target_audience> The primary target audience is Ethereum users who want a secure, user-friendly, and self-custodial wallet solution for managing their assets across multiple Layer 2 networks. </target_audience> ```

What does Soul Wallet do?

Provides a cross-L2 Ethereum wallet leveraging ERC-4337 account abstraction to enable social recovery, passkey-based transaction signing, and gas fee payments with ERC-20 tokens. This wallet eliminates the risks of lost access and single points of failure, offering a secure and user-friendly self-custody solution across multiple Layer 2 networks. Open-source and community-driven, it supports platforms like Arbitrum and Optimism, with plans for further L2 integration.

Where is Soul Wallet located?

Soul Wallet is based in Santa Monica, United States.

When was Soul Wallet founded?

Soul Wallet was founded in 2022.

Location
Santa Monica, United States
Founded
2022
Employees
7 employees
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Soul Wallet

Score: 45/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Provides a cross-L2 Ethereum wallet leveraging ERC-4337 account abstraction to enable social recovery, passkey-based transaction signing, and gas fee payments with ERC-20 tokens. This wallet eliminates the risks of lost access and single points of failure, offering a secure and user-friendly self-custody solution across multiple Layer 2 networks. Open-source and community-driven, it supports platforms like Arbitrum and Optimism, with plans for further L2 integration.

soulwallet.io300+
Founded 2022Santa Monica, United States

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Ganesh Kaliannan

Technical Architect / Project Lead

Company Description

Problem

Managing private keys for Ethereum Layer 2 networks can be cumbersome and risky, with users often facing the risk of losing access to their funds due to lost keys or insecure storage. Traditional self-custody solutions present a single point of failure, while centralized exchanges introduce counterparty risks.

Solution

Soul Wallet is a smart contract wallet designed for Ethereum Layer 2s, leveraging ERC-4337 account abstraction to provide a secure and user-friendly self-custody experience. It enables social recovery, allowing users to recover their wallets through a network of trusted individuals, eliminating the need for traditional recovery phrases. The wallet also supports passkey-based transaction signing using biometric authentication like Face ID or Touch ID, offering a safer alternative to private keys. Users can pay gas fees with ERC-20 tokens, simplifying the transaction process across different L2 networks.

Features

ERC-4337 account abstraction for enhanced security and flexibility

Social recovery mechanism to prevent loss of funds due to lost keys

Passkey-based transaction signing using Face ID/Touch ID

Gas fee payments with ERC-20 tokens

Cross-L2 compatibility, supporting networks like Arbitrum and Optimism, with plans for further integrations (Base, Scroll, Taiko, etc.)

Open-source codebase for community-driven development and transparency

Target Audience

The primary target audience is Ethereum users who want a secure, user-friendly, and self-custodial wallet solution for managing their assets across multiple Layer 2 networks.