Beoble, a messaging app that operates on a wallet-to-wallet basis, is seeking to revolutionize communication by providing a decentralized and private platform with increased interoperability.
The current state of messaging services has room for improvement, and the introduction of Web3 technologies has the potential to bridge the gap. Analysts predict significant growth in the market for blockchain-based messaging apps, with a projected value of over $600 million by 2030.
Web3 messaging platforms utilize decentralization, data privacy, interoperability, and innovative monetization models to address the shortcomings of their centralized counterparts. By leveraging blockchain technology, these platforms can decentralize infrastructure, distribute control among network participants, and reduce the risks of censorship.
Unlike centralized platforms like WhatsApp, which are owned and controlled by a single entity, Web3 messaging systems allow for seamless integration with decentralized applications (DApps) and blockchain networks. This means that developers can incorporate messaging functionality into their decentralized services, allowing for communication across different platforms.
One such platform leading the charge is Beoble, often referred to as the “WhatsApp for Web3.” Beoble is a communication infrastructure and ecosystem that enables users to chat between wallets. It consists of a web-based chat application and a toolkit for easy integration with DApps.
Beoble eliminates the need for traditional login methods like Twitter or Discord and instead requires users to use their wallets for access. Users can log in using their wallets and send texts, images, videos, links, and files across blockchain networks. The platform also allows for the use of emojis and non-fungible token (NFT) stickers, adding a personal touch to conversations.
To prevent spam and create exclusive digital spaces, Beoble supports token-gated chatrooms. These chatrooms have specific criteria for entry, such as ownership of certain NFTs, minimum token holdings, or transaction history thresholds. By leveraging on-chain data, Beoble empowers users to filter out spammers and scammers from their direct messages or group chat invitations.
In addition to its messaging features, Beoble includes social connectivity through a “Follow” function. By following other users, individuals can easily access direct messaging and group interactions. Beoble utilizes this follow data to provide personalized user and chatroom recommendations, enhancing the overall user experience. The “Follow” action also serves as a wallet activity tracker, allowing individuals to stay updated on the transactions of the users they follow.
Beoble has already completed a successful fundraising round, securing $5 million. The platform has gained traction with over 300,000 monthly active users, 50,000 daily active wallets, and 21 million delivered chats. Currently, Beoble is working on Beoble 2.0, a messaging protocol that will enable users to chat across “all chains and DApps.” The release of this upgraded version is scheduled for 2024.
The emergence of Web3 messaging platforms presents an opportunity to overcome the limitations of centralized communication systems. These platforms offer enhanced privacy, interoperability, and monetization options for users. To learn more about Beoble, visit their website.
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