Dapper Labs, the developer of CryptoKitty, has launched a new Ethereum “smart wallet” dubbed Dapper, which is aimed at making crypto and crypto collectibles easier to use.
Roham Gharegozlou, CEO of Dapper, claims, “Dapper is the first publicly available ‘smart wallet’ for the Ethereum blockchain,” adding that, “We’re building Dapper because blockchain is still too hard to access, use, and understand. Dapper’s goal is to make it easy and safe, starting with the technical and design breakthrough of the smart contract wallet itself.”
“Most people today store their cryptocurrency in centralized exchanges (where they can get stolen) or on individual devices (where they can be lost). This prevents them from having a good experience on applications like CryptoKitties. But Dapper solves for this problem. Dapper secures assets in an open source smart contract and gives the user the master keys, optionally staying on as a co-signer to provide features like prepaid transaction fees and fraud monitoring,” said Gharegozlou.
The wallet runs as a Chrome plugin and redirects to cryptocurrency sites for payments and storage.
Dapper co-founders Mack Flavelle, Dieter Shirley, and Roham Gharegozlou describe their wallet as an easy-to-use substitute to complicated crypto software. Just like CryptoKitties that has almost brought the idea of crypto collectibles to the mainstream, Dapper’s aim is to “build a consumer-friendly gateway that offers decentralization without compromise.”
“Our team is unsatisfied with current solutions: Blockchain’s barrier to entry is still too high, and too many approaches to accessing blockchain compromise the value of the underlying technology,” Gharegozlou stated. “And that’s what Dapper is today: the first step toward making accessing the blockchain as safe and predictable as surfing the internet.”