Next-Gen Crypto Wallet Solutions

This innovative crypto company specializes in a non-custodial wallet that delivers superior performance, user experience (UX), and reliability.

Tooling

Infrastructure

Asking Price

$4,800,000

TTM Revenue

$444,838

TTM Profit

$234,532

Last Months Revenue

Last Month Profit

Token Holders

Country

British Virgin Islands

Web and Social Traffic

Website

Twitter

Business Created

12/28/2022

Limited Liability Company

Competitors

Yoroi Wallet, Eternl Wallet, Nami Wallet

Company Size

Tech Stack

The wallet is developed using modern programming languages and frameworks, ensuring scalability, security, and performance. Key technologies include [insert specific programming languages and frameworks used, e.g., JavaScript, React, Node.js], enabling rapid development and seamless user experience.

Listing Summary

This innovative crypto company specializes in a non-custodial wallet that delivers superior performance, user experience (UX), and reliability. The application competes with the best in the global market, not just within the cryptocurrency ecosystem, and has rapidly risen to become Cardano's favorite wallet. Developed and overseen by a leading global developer— a former Software Architect 1 at American Express—this company is poised for significant growth and market expansion.

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‍Founders' Commitment:

The founders wish to sell 80% equity while remaining involved in the project, motivated to keep some equity to support ongoing growth and development. The team is dedicated to the business's success and aims to continue building on its strong foundation.

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Traction:

‍1. Total installs since launch: 88,500

2. Curent installed users: ~60,0003. DAU: 3,200 (unique)4. MAU: 16,000 (unique)

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The Expertise:

The current team possesses direct access to product and technical knowledge required to maintain and enhance a leading wallet in the crypto industry, proven by developing the top wallet on Cardano.

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Milestones Achieved:‍

‍1. Hardware Wallet Support: Integration with Ledger and Keystone.

‍2. Multi-Language Support: Now supporting English, Portuguese, Brazilian Portuguese, French, Romanian, Chinese, Japanese, and Korean.

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Revenue Model:

‍‍1. Operating Revenue: 100% B2B through in-app swaps, leveraging a unique market position and increasing demand from projects within the ecosystem.

‍2. Partnership Opportunities: With a growing market share, the company holds substantial leverage, making it a preferred partner for various projects seeking collaboration to enhance their offerings. Founders' Commitment: The founders are committed to the project's success and wish to remain involved, retaining equity to continue building and driving growth in the business.

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Market Position:

The company is strategically positioned to capitalize on the growing demand for reliable crypto solutions, attracting partnerships and expanding its market footprint.

Growth

1. Expand to other chains for an additional user base.

2. Introduce additional features to promote in-app swapping, creating new revenue opportunities.

3. Focus on the current chain to establish the wallet as directly associated with it, similar to how Phantom wallet is positioned with Solana. This strategy could unlock significant revenue streams through treasury grants, advertising, and leverage over decentralized applications (dApps).

Key Assets

Proprietary Technology and User Base: Unique wallet software and a growing community of active users, providing a solid foundation for monetization and engagement.

Established Brand and Partnerships: Strong brand recognition within the cryptocurrency ecosystem and existing partnerships that enhance credibility and market reach.

The Product: The wallet's performance, UX, and reliability are comparable to the best apps worldwide. It has been built and reviewed by top global developers, ensuring a leading position in the crypto industry.

Ideal Buyer

Ideal buyers include fintech firms, crypto exchanges, investment groups, DeFi projects, and blockchain startups seeking wallet solutions.

Selling Reason

The current owners excel in technical and product development and recognize that the business would thrive under new leadership with operational expertise and additional capital for team expansion, allowing it to reach its full potential.

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Ready to take Action

Use the actions below to purchase this business or make a unique offer to the seller for what you think it is worth

Deal Owner

Harrison Frye

CHIEF GROWTH OFFICER

Contact Dealer

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