Eco’s Beam wallet is set to redefine the online shopping experience in a significant move for the cryptocurrency world. With the recent acquisition of the Web3 shopping app Join, Beam wallet users will soon enjoy the convenience of making Amazon and Shopify purchases directly. This integration, slated to go live in February, represents a fusion of e-commerce and Web3 technologies.
Moreover, Beam Wallet, operating on the Optimism and Base networks, offers an innovative approach to crypto transactions. Users can now sign up with a Twitter login, bypassing the traditional hassle of copying and storing seed words. The wallet simplifies transactions by streamlining the process using stablecoins for payments and gas fees.
Towards Mainstream Crypto Payments
Tom Dean, CEO and co-founder of Join expresses optimism about this integration. He emphasizes that it’s a big step towards making Web3 stablecoin payments mainstream. Dean notes, “We built Join so crypto could be used as currency without waiting for the rest of the world to catch up. The integration into Beam propels this vision further.”
Join, co-founded by Dean, Awad Ayoub, and Brad Crook, initially gained support from investor Balaji S. Srinivasan and a grant from the Base network. Eco, backing Beam wallet, enjoys the confidence of prominent venture capital firms like Andreessen Horowitz and Coinbase Ventures.
This development places Beam wallet at the forefront of user-focused crypto wallets, alongside peers like Immutable Passport and Kresus. These wallets are pioneering in eliminating traditional barriers like seed words and native-coin gas fees, making crypto more user-friendly.
Also Read: Beam Partners with Immutable & Polygon for Multichain Growth
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