The Missing Link Between Web2 and Web3: Custody - a16z crypto

We’ve barely scratched the surface of what wallets can achieve but with the right composition of UX, infrastructure, and community, there’s endless potential for the crypto wallet to empower consumers to manage their digital identity in ways that were never possible with Web2 products.

For consumers, the difficulty of participating in crypto services is certainly similar to the Internet of the early 90s. Two exceptional companies stand out as being easy enough to recommend to non-crypto friends: Dapper and Coinbase. But we are very much still in a pre-consumer phase of Web3. While there are games emerging (see: Axie), and pockets... See more

Wallet experience: For some, just holding crypto assets may be enough, but many will be drawn to all that web3 offers from various dApps to NFTs and more. A crypto wallet is the passport to web3 and making it clear how to set one up, become familiar with connecting to other services, dealing with transactions and more will be a key experience to ge... See more