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Opera presents its Web3 services with integrated crypto wallet

The cross-platform web browser company, Opera, has recently released «Crypto Browser Project«, with which it offers users direct and comfortable access to the web services3, with beta versions available now for Windows, Mac and Android.

The new beta is intended for both crypto-natives as for the crypto-curious, and places Web3 at the center of the browsing experience. With this crypto browser project, Opera wants to make browsing decentralized applications (dApps), games, and platforms in the metaverse easier than ever. The browser includes a news and data aggregator, called “Crypto Corner”, with key information of the crypto world– crypto asset prices and gas fees, crypto events, launches, and even podcasts.

The Opera browser is already known as one of the world’s safest browsers when it comes to privacy, thanks to its no-login VPN and native tracker blocker. The new crypto browser integrates all of these industry-leading standards and services to which it adds a new set of novel features that make using the new blockchain-based web as simple as accessing Web 2.

Among other features, the browser has direct access to trading, Web3-based NFTs and gaming dApps, and built-in Telegram and Twitter support in the browser sidebar. The built-in non-custodial wallet will, in beta, support Ethereum and will soon expand interoperability between major networks and domain name systems thanks to agreements reached with Polygon, Solana, Nervos, Celo, Unstoppable Domains, Handshake, ENS and some more to be announced soon.

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direct exchanges

The wallet supports both ERC-20 fungible standards and non-fungible standards, including ERC-721 tokens with ERC-1155 coming in Q1 2022. It also allows users to purchase cryptocurrencies (via a fiat access system). to embedded crypto), to be able to carry out direct crypto-to-crypto exchanges afterwards. Users will also be able to check their crypto balance and even access a built-in NFT gallery.

Partnerships with Ethereum Layer 2 solutions such as Polygon, among others, will enable Opera’s Crypto Browser project to address one of the crucial issues associated with blockchain technologies: the environmental cost of each transaction. For example, the Polygon network consumes just 0.00079 Tera Watts (TWh) of electricity per year, well below the energy consumption of leading blockchain networks in its category, which consume between 35 and 140 TWh per year on average.

“As interest in Web3 grows, it becomes more apparent that none of the browsing experiences offered today are designed to create a seamless and secure experience. Opera’s Crypto Browser Project promises a simpler, faster and more private Web3 experience for users. Furthermore, it simplifies the Web3 user experience that is often bewildering to conventional users. At Opera we believe that Web3 has to be easy to use if it is to reach its full potential. Now we present this beta, to also collect the feedback from the crypto community and create it together, for the future”explains Jorgen Arnesen, EVP Mobile at Opera.

The need for greater simplicity of access to Web3 and a better user experience is underlined by expectations for the metaverse, which PwC estimates will contribute $1.5 trillion to the global economy by 2030. However, there are still markets vital that are kept out of this enormous growth and the main reason could be some unnecessarily complicated access technologies that make adoption difficult for a large part of the users.

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