Life DeFi Wallet, a non-custodial digital wallet service, is the first multi chain DeFi wallet in the world to offer the ability to make transfers to a simple username. The platform has now opened purchases of usernames to the public and will be offering incentives for people to register.
Life DeFi Wallet
By streamlining the sending and receipt of digital assets to usernames as opposed to using complicated public keys typically seen with blockchain-based cryptographic applications, Life DeFi Wallet is reimagining what is possible in the digital assets space. This new development will help onboard users into the blockchain and Web3 spaces and will drastically reduce the adoption and implementation hurdles that currently plague complex digital asset operations.
According to the Life DeFi Wallet team, username registrations had been opened to the public in a previous run but were then turned off after 12,000+ usernames were registered within a 24-hour span. This was to ensure that the Life DeFi Wallet had the robust backend needed to manage large-scale registrations.
The news of username purchases comes soon after GDA International (formerly known as Assets International), a vertically integrated financial technology and digital asset capital market advisory company, acquired all of the assets and IP of the Life DeFi Wallet. GDA International has created a new business subsidiary called Wallet International, Ltd. that will spearhead the growth and expansion of the Life DeFi...
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