Key Takeaways:
- Valora has launched “Mobile Stack,” a decentralized launchpad for Web3 DApps on iOS and Android.
- Mobile Stack aims to expand Web3’s reach by providing a user-friendly platform for mobile-first DApp development.
- Early adopters include the Troopo savings app and Vana’s ChatGPT Data DAO.
Valora, a peer-to-peer payments company, has launched “Mobile Stack,” a decentralized launchpad for Web3 decentralized applications (DApps) on iOS and Android.
This initiative aims to expand Web3’s reach beyond its crypto-native audience by offering a user-friendly platform for mobile-first DApp development.
I'm excited to introduce a project that the @Valora team has been working on called Mobile Stack. I see a tremendous opportunity to provide exceptional user experiences via mobile that bring consumers around the world into web3 – a vision Valora has been working towards for years https://t.co/Jd0zvZ1Yga
— Jackie Bona (@jackie_bona) July 5, 2024
Currently, only 8 out of the top 100 Web3 apps on DappRadar are mobile-native, a gap Valora seeks to address.
Mobile Stack provides essential protocols and features, enabling developers to customize their apps to specific needs.
Early adopters include “Troopo,” a savings app from Stake Capital, and Vana’s “ChatGPT Data DAO,” which helps users monetize their data.
Valora sees potential for Mobile Stack in areas like borderless P2P payments, simplified DeFi onboarding, universal basic income programs, and “learn-to-earn” campaigns.
Founded in 2020, Valora operates on the Celo network and became independent in 2021 after a $20 million funding round led by a16z.