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BlockWallet launches Web3 wallet solution with privacy features

BlockWallet launches Web3 wallet solution with privacy features
Daniela Kirova
Feb 28, 2022, 09:18 AM
  • There’s no shortage of wallets on the market today, but most of them lack privacy
  • BlockWallet addresses common privacy issues, but not at the expense of wallet functionality
  • They raised $1.8 million in a 68x oversubscribed initial funding round in 2021

BlockWallet has launched its Web3-oriented wallet solution with built-in privacy features, Invezz learned from a press release. It’s now available for download and will introduce a new era of interacting with Web3 and the dApps powering it.

There’s no shortage of wallets on the market today, but most of them lack privacy. This is at odds with Web3 prospects as it’s designed to give users control over their data, including financial data.

Effective solutions to privacy issues

BlockWallet has found ways to address common privacy issues, but not at the expense of wallet functionality. You can download the BlockWallet browser extension for Brave, Google Chrome, Opera, and Microsoft Edge.

Among the most important BlockWallet features are:

Blockwallet CTO Iman Hossini commented:

A critical milestone

BlockWallet’s public launch is a critical milestone for the team. NFT drops, implementing phishing prevention, and other new functions are in the works.  

Users can explore the following options, among others:

2K+ community members applied for beta testing

To offer as much feedback as possible, over 2,000 community members applied for the beta testing. This level of interaction allowed the platform to introduce crucial features and privacy solutions while maintaining a user-friendly, accessible interface.

BlockWallet CEO Aleksandras Gaska said:

BlockWallet raised $1.8M in a 68x oversubscribed round

BlockWallet introduced a community bug bounty program with a bounty of up to $150,000 at the end of last year. Early last year, they raised $1.8 million in a 68x oversubscribed initial funding round. X21 Digital, Woodstock, and other notable entities invested in the $BLANK token private sale. The token’s current market cap is over $12 million.