Recap of Uquid and FoxWallet’s AMA Session — Transforming Crypto Shopping
In an engaging AMA session on 17th August 2023, Uquid and FoxWallet showcased their groundbreaking partnership, aimed at revolutionizing cryptocurrency shopping. Their collaboration seeks to make crypto adoption in E-commerce seamless, secure, and rewarding.
The main discussion was about:
- Get to know Uquid and Fox Wallet collaboration: A warm welcome to participants and an overview of the partnership’s objective. Uquid and FoxWallet representatives were present to respond to queries and provide insights.
- Deep dive into the security and the future of cryptocurrency shopping.
The Main Agenda
The session started with an enthusiastic introduction highlighting their shared vision of creating a decentralized shopping experience and promoting crypto adoption in the E-commerce industry.
The partnership’s origins were traced back to their common goals of secure and convenient crypto shopping, bringing together Uquid’s dedication to mass adoption in crypto e-commerce and FoxWallet’s focus on security and self-custody technology. This fusion of purpose and expertise formed the foundation of their collaboration.
Delving into the benefits, the integration of Uquid Shop’s dApp into FoxWallet’s Discovery Page emerged as a game-changer. This integration facilitated seamless shopping experiences, enabling users to explore and purchase over 150,000 digital products without leaving their wallet interface. The user-friendly approach of accessing a plethora of products while staying within their wallet was hailed as a significant advancement.
Security was addressed, a paramount concern for crypto users. FoxWallet’s self-custody technology ensured the utmost security for users’ private keys and seed phrases during the shopping process. The emphasis on not storing user data on their end and undergoing audits further assured users of the safety of their assets.
Gazing into the future, the partnership’s potential impact on cryptocurrency shopping was highlighted. The integration aimed to eliminate the need for off-ramps or exchanges, reducing concerns about scams and bridging the gap between Web2 and Web3. Both parties envisioned a world where crypto adoption in daily shopping becomes the norm, marking a significant step toward Web3 mass adoption.
For users intrigued by this partnership, getting started was a breeze. By accessing FoxWallet’s Discovery Page, users could access the Uquid Shop dApp under Ethereum, BNB, and Polygon Chain, exploring and shopping for products using their preferred cryptocurrencies.
As the session continued, more insights were shared, including plans for expanding to additional chains, introducing swaps, cloud mining, more NFTs, and enhancing the overall user experience. The partnership’s commitment to a bright future for crypto shopping was evident through their plans for loyalty programs, exclusive offers, and tokenized rewards, all aimed at enriching the user experience.
The session concluded with messages from both Uquid and FoxWallet representatives. They expressed their shared excitement about the partnership’s potential to revolutionize crypto shopping and bring mass adoption closer to reality. The interactive AMA left participants eager to see how this collaboration would unfold, with both entities committed to shaping the future of crypto shopping based on user feedback and evolving needs.
Conclusion
The Uquid and Fox AMA went beyond traditional sessions, revealing how their partnership is reshaping cryptocurrency in e-commerce. It provided profound insights into the evolving landscape of digital commerce, showcasing the potential of their collaboration.
About Fox Wallet
FoxWallet is a decentralized multi-chain wallet, which supports multi seed phase and multi accounts based on BIP44 standard. FoxWallet is one of the few wallets on the market that supports multi-chain, multi-wallet and multi-seed. This feature provides maximum convenience while ensuring the safety of your assets.
The FoxWallet development team has rich experience in blockchain and network security, and the code has passed the audit of authoritative institutions, making it a reliable wallet.
About Uquid
Launched in 2016, Uquid pioneers in applying DeFi and Web 3.0 to E-commerce that aims to bring the best Shop to Earn experience to customers with verified merchants, exclusive deals, cashbacks and Payin3 with Crypto.
Throughout the years, Uquid still keeps its fantastic performance with continuous growth and the best effort to upgrade their store following the official Roadmap. With the largest selections of over 150 million physical, digital and NFTs products listed and comprehensive shipping services to over 200 countries around the world, Uquid is confident in serving any demand of customers in the Metaverse.
Users shopping at Uquid are offered flexible and convenient payment methods including cryptocurrency, fiat or wallets. Uquid’s ambition is to dominate the crypto marketplace by offering Buy Now Pay Later option to customers. Uquid Payin3 is all about protecting crypto futures value, by delaying the payment in three installments for 90 days, interest-free. With many years of building an infrastructure for Ecommerce in Metaverse, Uquid has found the easiest and safest way for customers to access their money and shop online.
