I have a wallet to sell you

Consider the following three facts about wallets:

1. Big wallets are kingmakers. They can easily divert users to chains & apps of their choosing, or even embed their own or their partners' apps.

2. Wallets are UX bottlenecks. It matters little if your chain supports support low block times when metamask is slow as molasses. Or that your chain or app support new amazing RPC methods (for account abstraction, cross-chain interaction, batching, ...) if wallets do not support them. Wallets degrade apps' experience by not displaying details about transactions - forcing users to place high trust in apps.

3. Wallets bottleneck adoption. Installing a browser extension and understanding & saving seed phrases is too long and too hard for normies. Social login or passkeys, with seamless multi-device support must be offered. Onramping must be built-in, or gas sponsorship offered for non-financial apps.

Both apps and chains need a wallet strategy to avoid wallets from cannibalizing their users. This dynamic is only nascent (built-in swaps & NFT purchases, featured apps), but you can count on it accelerating. Both partnerships & diverting users to their in-house wallets (with superior features) are options.

Where wallets UX is crucial or gatekeeps useful features, directing users to a compatible wallet is similarly important.

The winner of the wallets war hasn't been decided yet. The winning wallet will be cross-chain (with chain & gas abstraction: use any token on any chain), cross-form-factor (browser, mobile & embedded, offering seamless onboarding & transitioning between devices) and simplified onboarding & management via social login or passkeys.

A lot of apps have endeavoured to build their own chains. Apps should instead endeavour to build their own wallets. Good wallet UX is less commoditized than block space, and offers better future upside & a competitive moat.

I have a wallet to sell you. At HappyChain, 95% of our engineering effort has been in pursuit of a better wallet. We needed to onboard gamers who never used a blockchain in less than 30s & have them start playing onchain games (= transacting).

Our MVP is a wallet that combines the best of Privy (embedded, social login) and Metamask (multi-app & multi-chain support, fully-featured interface with portfolio view, token transfers, ...).

If you're interested in getting into the wallet game and you need a leg up on the tech, and someone that knows how to build wallets... My DMs are open.