What is Vast Wallet?
Vast Wallet is a next generation crypto wallet for mass adoption It is: - more web2 user friendly (no private key or seed phrase) - more secure (banking level security with 2FA) - more open (open source, open community, open architecture and infrastructure)
Problem
Users struggle with traditional crypto wallets that are complex and require managing private keys or seed phrases, leading to potential security risks and barriers for mass adoption.
Solution
A user-friendly next-generation crypto wallet called Vast Wallet that eliminates the need for private keys or seed phrases, ensuring more web2 user-friendliness, enhanced security with banking-level 2FA, and openness through open-source and community-driven features.
Customers
Crypto enthusiasts and individuals new to the crypto space who seek a simplified and secure way to manage their digital assets without the complexities of handling private keys or seed phrases.
Unique Features
No need for private keys or seed phrases for enhanced user-friendliness and security, banking-level 2FA for robust security measures, and open-source, open community, open architecture, and infrastructure for transparency and community involvement.
User Comments
Simplified and user-friendly design
Enhanced security features appreciated
Transparency and open-source nature praised
Ideal for newcomers to crypto
Community-driven approach is appealing
Traction
The traction of Vast Wallet includes positive user feedback, growing community engagement, increasing adoption rates among newcomers to crypto space, and active development of new features and enhancements.
Market Size
The global cryptocurrency wallet market was valued at $332.5 million in 2020 and is projected to reach $370.8 million by 2024, with a CAGR of 2.2% during the forecast period.
