On-Chain User Onboarding refers to the process by which new users are integrated directly into a blockchain network or decentralized application, typically involving the creation of a unique on-chain identity or wallet. This method establishes a user’s presence and interaction capabilities within the decentralized environment from the outset. It encompasses the steps required to acquire a public address, manage private keys, and perform initial transactions on the ledger. Streamlining this process is crucial for expanding user participation.
Context
The discussion around On-Chain User Onboarding is a significant factor in driving wider adoption of decentralized technologies, as complex initial steps often deter new users. A key development involves account abstraction and simplified wallet solutions that reduce the technical hurdles associated with private key management and transaction signing. Future innovations will focus on making this onboarding process as seamless and intuitive as traditional web services, lowering barriers for mainstream engagement.
The phygital strategy leverages retail distribution and abstracted wallets to onboard hundreds of thousands of users, proving a scalable Web3 consumer IP model.
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