I think everything that was said here was fairly accurate, but I feel like on the example side you‘re shilling your book too hard (although, I don‘t know your book). But eg I‘ve never heard of the wallet 2.0 examples you mentioned and my best guess before you mentioned them would have been mobile wallets like Rainbow or any wallet that connects via WC
Hear you! I'd put Rainbow (and other crypto-native, self-custody wallets) in the Wallet 1.0 bucket. In my view, Wallet 2.0 was the rise of embedded wallets, vertically integrated into consumer products — the two examples I listed are pretty large (for example, Magic has raised over $80mm in funding and has a number of enterprise clients). Despite beautiful design, Rainbow isn't built for non-crypto natives. Wallet 2.0 is (although it lacks true self-custody IMO, since keys aren't entirely custodied with the user).
What opportunities do you see for startups to bridge the gap between crypto-natives and mainstream consumers?
I think everything that was said here was fairly accurate, but I feel like on the example side you‘re shilling your book too hard (although, I don‘t know your book). But eg I‘ve never heard of the wallet 2.0 examples you mentioned and my best guess before you mentioned them would have been mobile wallets like Rainbow or any wallet that connects via WC
Hear you! I'd put Rainbow (and other crypto-native, self-custody wallets) in the Wallet 1.0 bucket. In my view, Wallet 2.0 was the rise of embedded wallets, vertically integrated into consumer products — the two examples I listed are pretty large (for example, Magic has raised over $80mm in funding and has a number of enterprise clients). Despite beautiful design, Rainbow isn't built for non-crypto natives. Wallet 2.0 is (although it lacks true self-custody IMO, since keys aren't entirely custodied with the user).