Abstract Launches AGW with Social Sign-In to Improve Crypto User Experience

Aug 28, 2024, 07:48 PM

Abstract has introduced the Abstract Global Wallet (AGW), a new solution aimed at addressing the user experience challenges in the crypto space. The wallet allows users to sign in using social media accounts and fund their wallets in seconds, eliminating the need for traditional seed phrases. This initiative is part of Abstract's strategy to solve the 0-to-1 onboarding problem for non-crypto native users and make the onchain experience more accessible. The wallet leverages Privy and a smart contract wallet for execution, enabling features like gasless transactions. This development is seen as a significant step towards reducing fragmentation in the crypto ecosystem and enhancing cross-app experiences.