Flowverse Deep Dive: Blocto

What is it?

• Blocto is a next generation crypto wallet that was the first to support Flow Blockchain.

Founders, Advisors

• Founders: Hsuan Lee, Edwin Yen
• Advisors: Roham Gharegozlou, Kevin Chou, Animoca Brands, Joseph Delong

Key Features

• Great user experience: Simple and well designed user interface to give users a seamless experience. Easy on ramps for users: Lots of tutorials on how to use the app, Google Pay, Moon Pay, mobile and web SDK experience.
• Flexible security model: Provides both custodial and non custodial key management.
• Blocto points: Simplifies gas payments as users can pay transaction fees with Blocto points so they don't have to hold a lot of other tokens.
• Multi chain integration: Blocto supports Flow, Ethereum, BSC, Solana and Tron, and there is a portal to blockchain apps to access cross chain assets.
• Support for NFTs on Flow: NBA TopShot, MotoGP, Versus, CNN.
• Products: Include BloctoSwap, Blocto (wallet), Blocto Balancer, Blocto Auction House and Blocto Vault.

Upcoming Developments

• Layer 2 solutions to be integrated in a frictionless manner.
• Exploring integrations with zkSync, Loopring, xDai, Polygon, Polkadot, Avalanche.
• $BLT Token: The utility and governance token for Blocto. $BLT community sale is happening on 13-15 July 2021.