Web2-like Onboarding on Limitless Prediction Market with Etherspot
Alexandra
Posted on October 10, 2024
One of the hottest topics in the conversation around Web3 mass adoption is making onboarding simpler for new users. Currently, joining the decentralized space often starts with a hurdle: users have to set up a Web3 wallet, which can feel hard and turn them away before they even get started. That’s where Account Abstraction (AA) comes in, offering solutions that make decentralized apps (dApps) accessible to everyone, no matter their technical background. Recently, Limitless, a prediction market platform, integrated with Etherspot to bring seamless onboarding to its users via social logins.
Limitless is a dynamic prediction market platform operating on the Base blockchain. It allows users to trade on various topics, including crypto, politics, sports, and social trends. Additionally, users can create their own markets and earn rewards if those markets become popular.
With the integration of Etherspot’s Account Abstraction SDK, Limitless users now have more options to access the platform. Instead of relying only on traditional Web3 logins, users can sign in with X (Twitter), Discord, Gmail, Farcaster, and other social accounts. Etherspot leverages Web3Auth to bring Limitless users a Web2-like onboarding experience. This means new users can start engaging with the platform using social accounts they are already familiar with. It lowers the barrier to entry and makes prediction markets accessible to a wider audience.
Furthermore, as a smart account, Limitless can enhance the platform’s functionality by offering advanced features such as permissions, session keys, and more. This lets users customize their experience based on their preferences and security needs. For instance, with permissions, users can manage who has access to their accounts and how they interact with them, ensuring a more secure trading environment. Session keys streamline transactions, enabling users to execute trades quickly and efficiently without the need to confirm their wallet every time. These are not the only capabilities Limitless can implement. By integrating with Etherspot, the platform gains access to a variety of Account Abstraction features that enhance the overall Web3 user experience.
The integration of Etherspot into Limitless is a prime example of how Account Abstraction is revolutionizing Web3. As more platforms adopt AA solutions, we can expect to see a wave of new users entering the space. These innovations open up a world of possibilities for users, helping them seamlessly transition into decentralized platforms and explore the opportunities Web3 has to offer.
Posted on October 10, 2024
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