NFT

Web3 Social Wallet Launched by The Easy Company

Following a $14.2 million USD seed round that included contributions from former executives of Instagram, Airbnb, Twitter, and more.

NFT

Web3 Social Wallet Launched by The Easy Company

Following a $14.2 million USD seed round that included contributions from former executives of Instagram, Airbnb, Twitter, and more.

As its name suggests, the new crypto wallet launched by The Easy Company is an easy-to-use Web3 wallet, designed with social considerations at its core.

The platform is cofounded by Mike Dougherty, Kevin Swint, and Gary Clayton — all three of which are repeat founders and who have worked to assemble a team of designers and developers who come from companies like Airbnb, Apple, Google, Amazon, and more.

Recently, The Easy Company announced that it had raised $14.2 million USD in a seed round led by Lobby Capital, as first reported by TechCrunch.

Easy says that it is “the new Web3 social wallet for you, your friends, and the Web3 community,” according to a recent tweet from the platform. It hopes that by reimagining the wallet experience, users will be able to have an easier, safer, and more enjoyable experience when exploring the blockchain.

The platform shares that its wallet is built for people and not protocols, with features like profiles that allow for the curation of NFT collections, display of community affiliations, tokens, and more.

Another key aspect of the wallet is the ability to easily interact with multiple chains, to help Web3 users have one safe place to access and interact with their assets as opposed to switching between apps.

Easy also employs a “Community Ratings” feature, where users can rate projects, helping to protect against fraud and other malicious activity. The platform says that the more people use the app, the safer it will get.

“We want to deliver to the world a new way to engage with web3 but also a new digital wallet,” shared Swint, in an interview with TechCrunch, adding that, “we think the digital wallet space is huge and hasn’t moved away from payments and it’s something we can grow quickly in.”

The Easy Company is growing quickly, with its most recent seed round raising over $14 million USD, which the founders say will primarily be used to develop its social Web3 wallet.

While the funding was led by Lobby Capital, other participants also included Relay Ventures, 6th Man Ventures, Tapestry VC, Upside and Scribble Ventures, as well as several angel investors, some of whom were former executives with Instagram, Airbnb, Twitter, and more.

Having completed its 30-day private testing phase, the application has now been rolled out to the public for download on IOS and Android marketplaces.

As a way to reward early supporters, the platform held a token mint for its “EZ.KEY,” which acts as an “OG” badge and comes with various perks. While it has been minted out, the tokens can now be purchased on secondary markets, and Easy says that the longer a key is held, the “the more opportunities you have to unlock exclusive drops, adventures, and future surprises.”

In other news, Fvckrender and Manifold partner to launch a dynamic 69-day auction.

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