At Polkadot Decoded, Parity CEO announced the new Polkadot App, due for release in Q3 2024.
Touted as a product to onboard Web3 beginners onto Polkadot, the app is designed by Parity, built by NovaSama, with payments processing by Raise.
No seed phrases, username, or password are required, instead credentials are backed up to Apple and Google cloud. Long and confusing wallet addresses are replaced with simple user names.
The app will be able to send tokens such as DOT, USDT, USDC, with the option to send a link to SMS, WhatsApp, or email to quickly and easily onboard recipients.
The app will also support one-click DOT staking.
In partnership with Raise, Polkadot Pay brings in-app payment to 1M+ US stores, with plans to expand to 33+ countries later this year. Users can also receive up to 20% cashback in DOT.
In the future, the Raise API will be available for integration in other Polkadot wallets.
The Polkadot App will be wholly owned by the Polkadot DAO via the Polkadot Community Foundation.