Magic Square Partners with Exodus to Integrate Passkeys Wallet across its Ecosystem
Magic Square, a Binance Labs-backed Web3 app store platform, has partnered with Exodus Movement, Inc. (OTCQX: EXOD) to integrate Exodus' Passkeys Wallet into Magic Square's ecosystem. This integration allows users to create and fund a crypto wallet within the app, offering enhanced security and ease of use. The Passkeys Wallet supports multiple blockchain networks and enables secure login using FaceID and TouchID.
The collaboration aims to simplify the crypto experience, improve onboarding for Web2 users transitioning to Web3, and promote mass adoption of crypto. The wallet utilizes Multi-Party Computation (MPC) technology for increased security. This partnership is expected to help platforms like Magic Square reduce drop-off rates, grow their user base, and create new revenue streams.
Magic Square, una piattaforma di app store Web3 sostenuta da Binance Labs, ha stretto una partnership con Exodus Movement, Inc. (OTCQX: EXOD) per integrare il Passkeys Wallet di Exodus all'interno dell'ecosistema di Magic Square. Questa integrazione consente agli utenti di creare e finanziare un wallet crypto direttamente nell'app, offrendo maggiore sicurezza e facilità d'uso. Il Passkeys Wallet supporta diversi network blockchain e permette il login sicuro utilizzando FaceID e TouchID.
La collaborazione ha l'obiettivo di semplificare l'esperienza crypto, migliorare l'onboarding per gli utenti Web2 che transitano verso Web3 e promuovere l'adozione di massa delle criptovalute. Il wallet utilizza la tecnologia di Calcolo Multi-Parte (MPC) per una maggiore sicurezza. Si prevede che questa partnership possa aiutare piattaforme come Magic Square a ridurre i tassi di abbandono, crescere la propria base utenti e creare nuove fonti di reddito.
Magic Square, una plataforma de tienda de aplicaciones Web3 respaldada por Binance Labs, se ha asociado con Exodus Movement, Inc. (OTCQX: EXOD) para integrar la Passkeys Wallet de Exodus en el ecosistema de Magic Square. Esta integración permite a los usuarios crear y financiar una billetera crypto dentro de la aplicación, ofreciendo mayor seguridad y facilidad de uso. La Passkeys Wallet soporta múltiples redes blockchain y permite un inicio de sesión seguro utilizando FaceID y TouchID.
La colaboración tiene como objetivo simplificar la experiencia crypto, mejorar la incorporación de usuarios de Web2 que transitan a Web3 y promover la adopción masiva de criptomonedas. La billetera utiliza tecnología de Computación Multipartita (MPC) para aumentar la seguridad. Se espera que esta asociación ayude a plataformas como Magic Square a reducir las tasas de abandono, incrementar su base de usuarios y crear nuevas fuentes de ingresos.
Magic Square는 Binance Labs가 지원하는 Web3 앱 스토어 플랫폼으로 Exodus Movement, Inc. (OTCQX: EXOD)와 협력하여 Exodus의 Passkeys Wallet을 Magic Square의 생태계에 통합했습니다. 이 통합은 사용자가 앱 내에서 암호화폐 지갑을 생성하고 자금을 마련할 수 있게 하여 보안과 사용 편의성을 높입니다. Passkeys Wallet은 다양한 블록체인 네트워크를 지원하며, FaceID 및 TouchID를 사용하여 안전하게 로그인할 수 있습니다.
이번 협업은 암호화폐 경험을 간소화하고, Web2 사용자들이 Web3로 전환하는 과정에서의 온보딩을 개선하며, 암호화폐의 대중적 채택을 촉진하는 것을 목표로 하고 있습니다. 지갑은 다자간 계산(MPC) 기술을 활용하여 보안을 강화합니다. 이번 파트너십은 Magic Square와 같은 플랫폼이 이탈률을 감소시키고, 사용자 기반을 확장하며, 새로운 수익원을 창출하는 데 도움이 될 것으로 예상됩니다.
Magic Square, une plateforme de magasin d'applications Web3 soutenue par Binance Labs, s'est associée à Exodus Movement, Inc. (OTCQX: EXOD) pour intégrer le Passkeys Wallet d'Exodus dans l'écosystème de Magic Square. Cette intégration permet aux utilisateurs de créer et alimenter un portefeuille crypto au sein de l'application, offrant une sécurité et une facilité d'utilisation améliorées. Le Passkeys Wallet prend en charge plusieurs réseaux blockchain et permet une connexion sécurisée via FaceID et TouchID.
La collaboration vise à simplifier l'expérience crypto, à améliorer l'intégration des utilisateurs Web2 lors de leur transition vers Web3 et à promouvoir l'adoption massive des cryptomonnaies. Le portefeuille utilise la technologie de Calcul Multipartite (MPC) pour une sécurité accrue. Ce partenariat devrait aider des plateformes comme Magic Square à réduire les taux d'abandon, à développer leur base d'utilisateurs et à créer de nouveaux flux de revenus.
Magic Square, eine von Binance Labs unterstützte Web3-App-Store-Plattform, hat sich mit Exodus Movement, Inc. (OTCQX: EXOD) zusammengetan, um die Passkeys Wallet von Exodus in das Ökosystem von Magic Square zu integrieren. Diese Integration ermöglicht es Benutzern, eine Krypto-Wallet innerhalb der App zu erstellen und zu finanzieren, was eine verbesserte Sicherheit und Benutzerfreundlichkeit bietet. Die Passkeys Wallet unterstützt mehrere Blockchain-Netzwerke und ermöglicht sicheres Einloggen mit FaceID und TouchID.
Das Ziel der Zusammenarbeit ist es, die Krypto-Erfahrung zu vereinfachen, das Onboarding von Web2-Nutzern, die zu Web3 wechseln, zu verbessern und die Massenakzeptanz von Krypto zu fördern. Die Wallet nutzt Multi-Party Computation (MPC)-Technologie für erhöhte Sicherheit. Es wird erwartet, dass diese Partnerschaft Plattformen wie Magic Square dabei hilft, Abbruchraten zu reduzieren, ihre Benutzerbasis zu erweitern und neue Einnahmequellen zu schaffen.
- Integration of Exodus' Passkeys Wallet into Magic Square's ecosystem
- Simplified crypto wallet creation and funding process
- Support for multiple blockchain networks
- Enhanced security through Multi-Party Computation (MPC) technology
- Potential for reduced drop-off rates and user base growth
- None.
Magic Square integrates Exodus’ Passkeys Wallet into ‘Magic Store’, offering users seamless crypto management and enhanced security
OMAHA, Neb., Sept. 02, 2024 (GLOBE NEWSWIRE) -- Magic Square, a pioneering Binance Labs-backed Web3 app store platform, is excited to announce its partnership with Exodus Movement, Inc. (OTCQX: EXOD) (the “Company” or “Exodus”). This collaboration introduces Exodus's innovative Passkeys Wallet to Magic Square’s ‘Magic Store’ and ‘Magic Launchpad’, enabling users to create and fund a crypto wallet in just a few taps directly within the app, delivering unprecedented ease and industry-leading security.
The Passkeys wallet allows users to create a wallet without installing a browser extension and enables them to securely login using options such as FaceID and TouchID. Users can complete KYC to purchase crypto with a card directly within the Magic Store, all while enjoying a seamless multi-chain experience that supports Bitcoin, Polygon, Solana, Ethereum, Arbitrum One, Avalanche C-Chain, Base, BNB Chain, Mantle, and Optimism. More networks will be added soon.
“We are thrilled to integrate Exodus’ Passkeys Wallet into the Magic Store, Magic Launchpad, and across our entire ecosystem,” said Michael Landsberger, COO at Magic Square. “This integration represents a significant step forward in simplifying the crypto experience, enabling our users to manage their assets securely and conveniently within a familiar interface. It also enhances the onboarding process for Web2 users as they transition to Web3, paving the way for the mass adoption of crypto across all our products.”
Passkeys Wallet enhances user convenience and prioritizes security with Multi-Party Computation (MPC) technology. MPC boosts security by making it so that authenticating with a passkey is required for a user’s wallet to take any action. The integration also allows platforms like Magic Square to reduce drop-off rates and grow their user base, creating new revenue streams.
“Integrating Passkeys Wallet with Magic Square's ‘Magic Store’ elevates the user experience by providing a seamless and secure way to manage and spend crypto assets,” said JP Richardson, CEO of Exodus. “This collaboration with Magic Square is a testament to our commitment to enhancing the Web3 ecosystem by making it more accessible and secure for all users.”
Magic Square and Exodus are dedicated to driving innovation and improving the multi-chain experience for users across the crypto ecosystem.
About Magic Square
Magic Square is the first Web3 App Store backed by Binance Labs, designed to address user acquisition challenges, enhance user engagement, and provide a rewarding experience through its community-driven platform. With the recently-released Magic Launchpad, Magic Square is now a one-stop growth solution from discovery to market release. Its platform connects high-quality users with projects, fostering meaningful interactions and growth. For more information, visit www.magic.store.
About Exodus
Exodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile, and browser, Exodus allows users to secure and manage their digital assets through self-custodial functionality that is encrypted locally on users' own devices, ensuring privacy, security, and complete control over their wealth. Additionally, users can easily access third-party providers of services that allow for an industry-leading 20,000+ pairs of digital asset swaps along with the ability to buy digital assets. For more information, visit www.exodus.com.
Contacts:
Exodus
support@exodus.com
Magic Square:
partners@magicsquare.io
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