WalletX contributes significantly to Ethereum’s infrastructure by introducing a gas abstraction layer that allows 100% gasless transactions, improving user experience by eliminating the need for users to manage gas fees. This is achieved through a peer-to-peer onchain advertisement model, where advertisers sponsor gas fees, solving the high transaction cost challenge that Ethereum faces. Additionally, WalletX removes barriers for no-coiners by eliminating the need to acquire native tokens through centralized exchanges, KYC processes, and token transfers to decentralized wallets. This allows users to claim tokens and NFTs without needing native tokens, enhancing accessibility and crypto use cases.
WalletX’s API enables dApps to display advertisements within their applications, facilitating gasless transactions and helping dApps monetize their user base by integrating advertisements into the user journey. Web3 advertisers can also target users based on past transactions and wallet experience, allowing advertisers to connect to users in a Web3-native manner. Through these innovations, WalletX is positioned to onboard the next billion users onto Web3, driving Ethereum’s adoption and use.