Particle Network’s Wallet-as-a-Service (WaaS) V2 Surpasses 15 Million Activations
Particle Network, a Web3 infrastructure provider, has achieved a significant milestone with the rollout of Wallet-as-a-Service (WaaS) V2. Within just 12 months of its launch, WaaS has surpassed 15 million wallet activations. This achievement not only demonstrates the success of WaaS but also highlights the demand for user-friendly web3 onboarding solutions. The integration of WaaS into over 800 decentralized applications (dapps) has been instrumental in driving these record user numbers.
Various projects, including Xter.io, Hooked Protocol, ApeX, and CyberConnect, have utilized Particle Network’s product suite to provide access to Wallet-as-a-Service for millions of web3 users. The success of WaaS can be attributed to its deep integration into every layer of the blockchain ecosystem and partnerships with networks such as BNB Chain, Linea, Near, Sei, and zkSync.
Meeting the Needs of the Gaming Sector
The gaming sector has shown strong demand for WaaS, accounting for 60% of all projects. Particle Network’s wallet solution allows new users to get started in just 20 seconds compared to several minutes with conventional web wallets. This speed and ease of use have made WaaS the preferred option for many gaming companies building in web3.
Advancements in Wallet-as-a-Service V2
After reaching the milestone of 15 million wallet activations, Particle Network is now focusing on enhancing privacy, user experience, and transaction efficiency with the development of WaaS V2. This version is designed to future-proof web3 infrastructure by adapting to shifts in user behavior and blockchain architecture. It upholds web3’s principles of user sovereignty and composability.
Wallet-as-a-Service V2 is Particle Network’s most advanced consumer-facing product to date. It empowers developers to deliver sophisticated blockchain-based services, including cross-chain solutions, while providing a seamless user experience that maximizes the potential of dapps.
About Particle Network
Particle Network is a Web3 infrastructure project that offers zkWaaS (Zero-Knowledge Proof Wallet as a Service) and the Intent Fusion Protocol. The company aims to accelerate the transformation of Web3 and drive mass adoption by creating an Intent-Centric Modular Access Layer for Web3.
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