emerging

Enhanced User Experience

Crypto projects are prioritizing user experience improvements to broaden accessibility and drive mainstream adoption.

Detailed Analysis

Recognizing the importance of user experience for mass adoption, crypto projects are focusing on simplifying onboarding and abstracting away blockchain complexities. This includes improving smart contract functionality, enhancing wallet interfaces, and integrating with existing web technologies. "Despite widespread crypto awareness, the technology remains largely obscure to many due to its novel technical structure. But technological innovations are also poised to change this, as more projects focus on improving the user experience by abstracting away blockchain complexities and enhancing smart contract functionality."

Context Signals

Passkey onboarding and in-app wallet integrations are gaining traction. Applications are increasingly integrating wallets to abstract blockchain technology components. Telegram trading bots demonstrate high user engagement with nearly 50% of users returning over four or more days.

Edge

Simplified user experiences will attract a broader range of users, including those unfamiliar with blockchain technology. The integration of crypto with existing web technologies will create seamless and intuitive user journeys. Improved user experience will drive the development of more user-friendly and accessible crypto applications.
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The adoption of these technologies will enable the security components of crypto wallets (such as seed phrases and recovery keys) to become invisible to most end users – similar to the seamless security experience of the internet today (e.g. https, OAuth, and passkeys).