Ambire Wallet - Speed up your DeFi Experience and automate gas management | Prod...

@galunboxable the main differentiator is our approach to UX: we're building with user friendliness in mind. As a simple example, if you buy a token through MM, you won't see it until you add it manually via contract address, which gives newbies (and even crypto veterans) mini heart attacks every time, thinking they've lost their funds. In Ambire, it automatically appears in the dashbaord.

Another practical example is that Ambire does not require installing an extension or writing down a seed phrase to get started. You can just get started with email/password authentication, which under the hood is still non-custodial and works via 2/2 msig (more here: https://help.ambire.com/hc/en-us...-), and later on 'switch' your account to HW wallet authentication without having to move funds.

On a tech level, we're a smart wallet, which is a huge differentiator compared to 99% of the market - this results in great UX improvements such as paying transaction fees in stablecoins (and other tokens), auto transaction fee management, transaction batching, and eliminating ERC20 approvals (huge hurdle in crypto).

MM is way ahead in terms of traction, they have 25m+ users: we've been live only for a few days and we're determined to catch up!

@galunboxable Hey Gal. Thank you for the comment - an awesome question indeed. In fact we believe that Ambire has some significant advantages before MetaMask, listing some of the main ones: 1. Ambire is a smart wallet, which allows us to create a security model in which users need password and email to register an account only. This removes a lot of UX hurdles for new users like keeping seed phrases or learning not to write your seed phrase on phishing websites. All this whilst being a non-custodial wallet. That's why we say Ambire is the first non-custodial wallet with email authentication. 2. Ambire strives to help people understand what they are doing when interacting with Web3 apps. That being said, we are parsing interactions with smart contracts and errors in a human readable way. MetaMask doesn't help it's users understand what contracts they are interacting with and what contract functions they are calling. This opens another possibility for users to be scammed. 3. Being a smart wallet allows Ambire to combine transactions and skip token approvals when interacting with Web3 apps. this is saving time and is convenient for users. 4. Ambire Wallet has automatic gas management - this ensures users that their transactions will rarely fail, while on Metamask you can do a lot of mistakes trying to set transaction gas settings.

MetaMask indeed has a significant share of the market and by no means I want to say that it's not a quality product. What Ambire does is trying to further improve the experience that MetaMask users have.

@ivshti Agree that one of the biggest problems in the crypto wallets market is accessibility and UX. not experienced with the tech level but I did experienced problems there with ERC20 approvals. It seems like you're doing a great job. I will give it a try and update soon 💖

@sarafski Thank you for your question, Ilko. At the moment we've already integrated Ledger and Trezor hardware wallets support. For onboarding users who don't own crypto and would like to buy some via bank cards or Apple Pay we are partnering with onramp services Ramp Network, Transak and PayTrie - all of them integrated into our dashboard.

We have integrated Yearn and AAVE protocols but will keep adding the most popular DeFi crypto protocols into Ambire. However, if you want to connect to any dApp, you can use WalletConnect.

For next year we will be working on issuing debit and credit cards with a card issuer partnership that we will announce when it's ready.