Arcana Network onboards Squirrel as a new mainnet launch partner
Arcana Network has onboarded Squirrel as a new mainnet launch partner. It is a step towards our effort to onboard great partners and supports them in their web3 journey.
Arcana Network has onboarded Squirrel as a new Mainnet launch partner. It is a step towards our effort to onboard great partners and support them in their web3 journey.
Squirrel provides enterprise solutions to manage NFTs. Solutions range from assisting consumer brands in utilizing the potential of blockchain-based digital assets to increase consumer interaction, create communities, open up new revenue streams, produce user-based content in Web3, and bridge the gap between Web2 and Web3. In addition, they support enterprises with features like NFT commerce, engagement modules, digital asset lifecycle management, analytics, and services around ideation, consultancy, and market penetration.
Consumer brands nowadays use NFTs and web3 tech to improve their user experience. Still, they don’t have the in-house infrastructure to support the same hence Squirrel comes into play by providing scalable solutions for enterprises looking to go above and beyond. Most current market solutions cater to single creators; thus, they differentiate their solutions by making them for bigger-scale enterprises. They have 10+ brands using their platform to manage their campaigns.
How does Squirrel align with Arcana’s mainnet?
Squirrel aims to onboard non-native web3 users using Arcana Auth SDK. Arcana web3 Auth helps users with familiar web2 social auth and passwordless auth without knowing how to set up wallets and manage keys. Once Onboarded, users get a Web wallet that doesn’t need any installation. These wallets will make their end consumers manage NFTs and access and trade them.
Squirrel will also use Arcana's feature of providing gasless transactions and on-ramp solutions. Most of these enterprises will have web2 customers hence expecting them to pay gas fees will add more to the onboarding friction. As a part of our onboarding commitment, we will also be helping Squirrel by supporting them in areas around product, growth, and community building and helping them launch on Arcana’s Mainnet. The goal is to open up Arcana’s ecosystem and let Squirrel access it to maximize its impact.
Quote from Squirrel
"At Squirrel, our mission is to drive mass adoption of digital assets on blockchain by enabling enterprises to create and manage utility-based NFTs for their customers. Arcana fits in well in our mission to bridge the gap between web2 and web3 by simplifying the onboarding process and operating their services through familiar login mechanisms and the ability to provide instant secure web3 wallets. We look forward to a long and successful collaboration.”
-Pradeep Singh, Founder of Squirrel
About Arcana Network
Arcana is Web3 infra for devs to launch and scale apps through its Auth, Store, and Access SDKs. Web3 apps use Arcana’s SDK to authenticate users with Social and Passwordless Auth and create non-custodial wallets, Store Encrypted/ Unencrypted Data, and Manage Access. Built for Ethereum and EVM-based chains, with Arcana’s privacy stack, developers can build secure and privacy-preserving apps with a seamless user experience.
Arcana has raised 2.7Mn USD from some of the leading investors and founders in the ecosystem, such as Balaji Srinivasan, Founders of Polygon, Woodstock, Republic Crypto, and Digital Currency Group.
Watch out for Arcana’s upcoming Mainnet in January 2022. Want to know more about our Mainnet features? Book a demo.
Official Links: Website | Twitter | Discord| Telegram | TG Announcement | Medium | GitHub