The New Computer Corporation (NCC) recently unveiled its toolkit of decentralized application program services (dAPIs) that provide easy access to web3 infrastructure and utility following a $2.5 million Seed Funding round led by Borderless Capital.
Now they’re ready to share the activation success of Inkey, the paradigm-shifting micro-wallet that moves the focus from trading to experiential, opening up the true potential of blockchain.
Inkey is an open source, easily embeddable transaction processor that can turn any app into a dApp, bringing existing audiences into web3. Inkey speaks in familiar terms to a user audience that is mobile-first, including non-crypto natives. For brands and organizations who want to seamlessly transition to web3 and maintain customer and fan engagement, Inkey fits into existing infrastructure with no additional installs. Opening a wallet should not be an intimidating prospect. Inkey introduces an intuitive and smooth process that takes 30 seconds or less.
Inkey debuted on stage during Decipher 2022, the annual gathering of Algorand builders, founders, investors, and strategists hosted by the Algorand Foundation and taking place at the Madinat Jumeirah this week in Dubai. NCC Co-Founder and CTO Aubrey Anderson appeared on stage alongside Algorand Foundation CTO John Woods to talk about onboarding the next 10 million users on Algorand.
As well as Inkey, the current suite of NCC dAPI tools includes:
- STOI: a micro-DAO (m-DAO) that tokenizes fractional ownership and automates revenue distribution among owners, fans, and rights holders
- Bricks: a token standard and exchange protocol for media streams that enables smart contracts (one stream = one token)
- TTM: token-targeted on-chain messaging protocol
- Project:Rodeo: an on-chain project management tool to create, assign, manage and reward milestones
John Woods, CTO, Algorand Foundation: “NCC is changing the game. Algorand is the first chain fit for this purpose. Secure, robust, scalable – fast and affordable. We’re excited to see where they take this.”
Benjamin Palmer, Co-Founder & CEO, NCC: “The web is at its most exciting inflection point since the 90s. The powerful, programmable financial tools of web3 make a lot of almost-great ideas from the past totally feasible, and unlock an incredible array of new business models for creative experiences. We are thrilled to put these financial tools into creators’ hands and make new internet magic together!”
Aubrey Anderson, Co-Founder and CTO, NCC: “I feel like we know a secret right now that no one else knows: decentralization isn’t just for finance. It’s going to make the internet fun again.”
At the III Points Festival in Miami in October 2022, Inkey offered access to a utility token in the existing III Points app experience. It was exchangeable for fast lane entry, free drinks, and free roller skate rentals at the festival’s neon roller rink. Engagement was brisk and did not drop off after the first day of the multi-day event — distribution of tokens on Day 2 equaled the pre-event distribution figures at a festival with approximately 30,000 attendees and limited connectivity. Leading up to and during the event, non-native crypto users opened 4,500 wallets, 98% on mobile, out of almost 8,000 festival-goers who visited the promotion site – a 57% conversion rate.
For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News
