Through Biconomy's powerful and easy to use SDK/APIs, you can enable a simple and customized transaction journey so that your end users don't get intimidated by blockchain complexities. This enables seamless interactions between your application and your end-users. The simplified web3 experience will ensure that drop-off rates decrease, thereby increasing user adoption.
Our aim is to make web3 products as intuitive and easy to use as legacy web2 products. Simplifying this transaction experience will be key for decentralized projects to achieve any sort of adoption. Thus, by solving key pain points at the crypto transactional layer, we are on a mission to simplify Web 3 experiences that will drive mass adoption.
The problem we are solvingWeb3 applications today face major roadblocks to user adoption in the form of
terrible user onboarding & transaction experience. Almost every interaction with your Dapp is a complex transaction for your users. In comparison to intuitive web2 products that people are used to, Dapp's can be extremely frustrating.
There are various bottlenecks in the transaction experience:
- Necessity to pay a gas fee every time the user uses your application. Netflix does not charge you their AWS fees for every time you watch a video, so why should Dapps charge you gas fees for every interaction you do?
- Users can only pay in ETH, which they may not have at that moment. Or the user may not want to spend their ETH investment.
- New Users have a long complicated onboarding process. Non-crypto savvy new users will have to pass KYC, purchase ETH from an exchange, download a wallet, then connect their wallet before they can go any further, which can take days! No one waits for days to try out an application.
- Proficiency in complex blockchain technicalities is required such as using MetaMask, signing transactions, understanding gas etc. If the project is on layer 2, they need to know