Social decentralized applications (dApps) are all the rage! In August 2024, they represented 23% of industry activity, putting them second only to gaming applications. To further simplify the user experience, Token.com is integrating Onramper, enabling users to directly fund their Solana wallets from within the app. This change makes things a lot easier, cutting out the hassle of hopping between different websites.
Token.com as well allows users to fund their Solana wallets with more than 130 different payment methods. Together with Onramper’s aggregation technology which covers crypto transactions in more than 190 countries, this creates a truly borderless user experience for Token.com users. The integration is included within Token.com’s recently revamped Solana wallet, now available on the App Store and Google Play.
Social dApps like Friend.tech, which reached over USD 50 million in trading volume within its first months, and Phaver, which integrates decentralized identity with social rewards, demonstrate the strong user traction these platforms are achieving. These platforms resonate with Millennials and Gen Z, who value interactivity, education, and community more than old-school trading dashboards.
By adding Onramper, Token.com is meeting the needs of their rapidly growing user base who want a seamless and accessible experience. This new initiative is a testament to the growing prominence of social dApps and the realization that we need friendly, accessible infrastructure to empower and scale their impact. Token.com’s move is a strong strategic play with the realization that cryptocurrency and what it invests in are changing. In this environment, social connection and community involvement are critical to thriving.
