Timeless Launches First Social Wallet for Web3 Builders and Cryptocurrency Enthusiasts

03/25/2023 21:58 • Blockchain Briefs • 100 views

According to reports, Timeless, a multi chain social wallet, announced the launch of the first social wallet designed specifically for web3 builders and cryptocurrency enthusiasts. Timeless raised pre seed funding from HashKey, Signum, and SNZ in 2022.

Timeless Launches First Web3 Social Wallet

In recent years, the world has witnessed a significant increase in the adoption of cryptocurrencies. As the adoption rate continues to grow, so does the need for reliable and user-friendly wallets that can cater to the needs of both experienced and novice cryptocurrency enthusiasts. One such innovative solution is the social wallet designed by Timeless, which is created to cater to the needs of web3 builders and cryptocurrency enthusiasts. In this article, we will discuss the noteworthy features of Timeless’s social wallet and how it aims to revolutionize the world of cryptocurrency wallets.

Overview

Timeless has recently announced the launch of its social wallet that is designed to cater specifically to the needs of web3 builders and cryptocurrency enthusiasts. The wallet is packed with features that make it easy to manage, store and exchange cryptocurrencies. It will enable users to connect with others in the community and share their experiences and knowledge about cryptocurrencies. The wallet aims to bridge the gap between cryptocurrency enthusiasts and web3 developers, creating a globally connected community.

Key Features of Timeless’s Social Wallet

– Staking rewards: Timeless’s social wallet allows users to earn rewards for staking their cryptocurrency.
– User-friendly interface: The wallet interface is designed to be intuitive and user-friendly.
– Social features: The wallet is integrated with social features that allow users to connect with others in the community, follow high-performing traders and learn from successful investors.
– Decentralized exchange: The social wallet also offers a decentralized exchange option that enables users to exchange their cryptocurrencies without needing to leave the wallet.
– Multi-asset support: Timeless’s social wallet supports multiple cryptocurrencies, making it convenient for users to store and manage their assets in one place.
– Security: The wallet follows industry-standard security measures to ensure user’s assets remain safe and secure.

Funding

Timeless raised pre-seed funding of an undisclosed amount from a group of well-known investors, including HashKey, Signum, and SNZ in 2022.

Conclusion

Timeless has raised the bar for cryptocurrency wallets with its social wallet for web3 builders and cryptocurrency enthusiasts. Its innovative features make it easy to manage, store, and trade cryptocurrencies, and its social features make it possible to connect with others in the community. Timeless is revolutionizing the world of cryptocurrency wallets, and it will be interesting to see how other cryptocurrency wallet providers respond to this innovative solution.

FAQs

**Q1. How do I earn staking rewards with Timeless’s social wallet?**
A: You can earn staking rewards for holding your cryptocurrency in the wallet for a specified period.
**Q2. Can I use Timeless’s social wallet to trade cryptocurrencies?**
A: Yes, Timeless’s social wallet offers a decentralized exchange option that enables users to trade cryptocurrencies within the wallet.
**Q3. Is my cryptocurrency secure in Timeless’s social wallet?**
A: Timeless’s social wallet follows industry-standard security measures to ensure that your cryptocurrency is kept safe and secure.

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