Coin98 announces a strategic investment in Ramper, a Web3 Social Initiative!
Coin98 Makes Strategic Investment in Ramper
Coin98, a DeFi product builder, recently announced a strategic investment in Ramper. According to Coin98’s announcement on its blog, the move secures Coin98’s strategy to focus on wallet infrastructure to make Web3 accessible to everyone.
Ramper is a web3 social startup with a high-profile team of Tesla, Facebook (Meta), Uber, Apple, and Google employees. Ramper is building an SDK/API suite for authentication, key management, and crypto/NFT purchasing for DApps built on multiple chains to simplify Web3 user onboarding. In line with this goal, the Ramper team has developed a new key management architecture called Restorative Performant Multiencryption System (RPMS). RPMS is designed for speed, security, portability, and ease of use and is capable of solving scalability.
Brand-New Social Login Solution
It is an organization with a vision to make the transition to the Web3 world less layered. In line with this vision, Coin98 is planning to introduce a brand-new social login solution utilizing Ramper’s new technology. This is a good step towards scalable, user-friendly, and secure web3 integration.
Thanh Le, Coin98 Co-Founder, commented: “We believe that social login is an important factor in moving the blockchain industry forward and drawing in billions of new users. At Coin98, we are looking to continue supporting startups that enhance the wallet infrastructure and thus Web3 mass adoption.”
Common Mission
Coin98 and Ramper are two blockchain-based organizations united by the common mission of ‘making Web3 accessible to all’ and aim to remove barriers to the transition to Web3.
Sisun Lee, Ramper Co-Founder, said: “Joining forces with Coin 98 allows us to continue our mission at Ramper at a bigger scale. We are excited for the new chapter ahead.”
About Coin98
Coin98 is a DeFi product builder focused on building and developing an ecosystem of DeFi protocols, Web3 applications, and NFTs across multiple blockchains. Its mission is to meet untapped demand and develop in-demand utilities in the DeFi space by helping people access DeFi services effortlessly.
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