Airdrop in progress, the longer you use it, the more airdrop amount you will receive.
By Vicky, Foresight News
In the rise of Web3, the race for cryptocurrency wallets is undergoing a profound transformation. Initially, their role was simple and clear - to serve as a secure place to store users' private keys, like a digital safe, ensuring the security of users' assets. However, the limitations of this model in terms of profitability and product development quickly became apparent. Due to the reliance on user base growth and the development of fund storage functions, the value of the products created was not ideal.
AScoin Wallet recognized this and decided to break the norm by introducing value-added services to open up growth channels. From providing self-hosted wallets to instant trading, asset aggregation, exchanges, financial management, and chat, AScoin Wallet has transformed into a multi-functional platform designed to meet the diverse needs of users and bring more development opportunities for itself.
Web3 Aggregated Trading Multi-Chain Wallet AScoin Wallet: Breaking the Barrier from On-Chain Wallets to Exchanges
Analysis of AScoin Wallet
AScoin Wallet is a Web3 aggregated trading multi-chain wallet, dedicated to creating the best channel for on-chain wallets to enter exchanges. It has integrated multiple functions including self-hosted wallets, instant trading, exchanges, financial management, chat, BRC20/DApp market, and more.
From an asset perspective, AScoin Wallet is a Web3.0 encrypted trading management aggregator, also serving as a transporter for billions of users from Web2.0 to Web3.0. AScoin Wallet is not just a simple wallet, but a platform that embodies users' vision for the large-scale landing of multi-functional digital wallets in the Web3.0 era.
With the gradual landing of various large-scale applications in the cryptocurrency market, AScoin Wallet has evolved into a feature-rich composite wallet product, with a complete ecosystem covering DEX, CEX, Web3.0, auditing, PR, public chains, payments, GameFi, DeFi, and more, making it an aggregated trading asset management platform.
Source: Twitter
The development of AScoin Wallet demonstrates innovation and diversity in the wallet industry, providing users with more choices and convenience. It is committed to breaking the barriers for users to enter exchanges and providing a one-stop trading and asset management experience. As AScoin Wallet continues to expand its ecosystem and functionality, it is expected to play a more important role in Web3.0, bringing more innovation and convenience to users.
Development History: Maintaining Insight into Market Dynamics and Hot Trends
Since its establishment in 2020 as Assure Wallet, AScoin Wallet has undergone more than three years of development and accumulation. With its stable and reliable products, as well as innovative asset management and trading methods, it has successfully transitioned from its initial stage as a Binance broker to a comprehensive wallet with diverse functions.
As previously introduced in the article "Digging into Social Potential, Breaking through Wallet Race: AScoin Breaks the Barrier for Users to Enter Exchanges" by Foresight News, AScoin Wallet has evolved into a comprehensive wallet platform for Web3 through continuous development and innovation, integrating aggregation, trading, cross-platform, and chat functions. In this rapidly advancing market process, it plays the role of a gateway to Web3, meeting various needs of users in the cryptocurrency field.
The sustained development of AScoin Wallet to date relies on its stable and reliable product foundation and continuous innovation in assets and trading methods. It consistently maintains keen insight into market dynamics and hot trends, continuously adjusting to meet market demands and provide high-quality services. It has brought users a secure, convenient, and feature-rich comprehensive wallet platform, dedicated to contributing new vitality to the development of the Web3 world.
Making security a top priority, creating a highly secure asset management platform
In the field of cryptocurrency asset management, security has always been the core concern for users. AScoin Wallet understands this well and, in its continuous iterative process, has always made security a top priority, implementing strict security measures in all aspects of user fund security.
From an implementation perspective, AScoin Wallet utilizes encryption technologies such as multi-signature, self-hosted transactions, and delayed effect to provide comprehensive protection for users' assets. The platform's security team also continuously monitors potential security threats, ensuring that defense measures are updated in a timely manner to resist the latest attacks.
In addition, AScoin Wallet provides a range of user education resources to help users understand how to securely manage their assets, while providing efficient and convenient services, it also strengthens users' personal security awareness. AScoin Wallet consistently regards product security as the key to gaining user trust and satisfaction, committing to maintaining a high level of security protection and striving to create a secure and reliable digital asset management platform for users.
Multi-Signature Technology
AScoin Wallet protocol contract permissions require administrator privileges for operations involving upgrades and configurations. AScoin Wallet also adopts multi-signature technology, requiring multiple private key signatures to authorize asset transfers.
In terms of mechanism, AScoin Wallet restricts the data in the wallet contract, specifically imposing a limit on the daily cross-chain data transmission flow. This design aims to ensure data security at the mechanism level as much as possible, thereby limiting the amount of data locked by the entire DWallet protocol and reducing the risk of hacker attacks.
Technically, AScoin Wallet uses multi-signature to verify each data stream while ensuring a cross-chain data transaction experience. This significantly enhances the security of digital wallets.
In terms of consensus, AScoin Wallet supports multiple validator signatures. This is a risk control measure, as the only effective way to prevent improper behavior by a single manager is to increase the number of managers. Additionally, with the help of the DRAND consensus random algorithm, AScoin Wallet selects a main validator for each transaction to collect signatures from other validators, thereby improving verification efficiency. Furthermore, for security reasons, the signatures collected by the main validator are re-verified through re-signing. Therefore, AScoin Wallet can reduce the risk of improper behavior by the main validator.
Currently, over 90% of digital asset trading terminals use regular wallet addresses. If multi-signature wallet management is used, the security of the wallet will be greatly enhanced.
Self-Hosted Transactions
AScoin is a non-custodial wallet, meaning a decentralized cryptocurrency wallet where users control the wallet's private keys and mnemonic phrases, and assets are recorded on the blockchain, allowing users to have full control over their encrypted assets without the intervention of intermediaries. Non-custodial wallets are highly secure, with faster transfer transactions and lower transaction costs.
For users, it is important to properly safeguard their private keys and mnemonic phrases. Additionally, when interacting with decentralized applications (DApps), users also need to use non-custodial wallets.
On the other hand, for users' on-chain transaction behavior, the smart contract design ensures self-management of transaction settlements, meaning that settlements are completed when transaction conditions are met, or if a transaction fails, the user's assets remain in their controlled wallet.
Delayed Effect
For operations related to user assets, the contract is designed with a timed lock feature to take effect in a delayed manner, to avoid unexpected immediate effects, and administrators can make corrections within the delay period.
Audit - Certik & SlowMist
Before the official launch of the AScoin Wallet mainnet, a professional security team will conduct a comprehensive audit. Once the mainnet is live, the security team will continue to conduct subsequent security audits based on the smart contracts deployed on the mainnet. In addition, before each contract upgrade, it will be submitted for re-audit by third-party nodes. Currently, AScoin Wallet has passed security audits by Certik and SlowMist.
Source: GitHub_en-us.pdf)
Key Features of AScoin Wallet
Creating the Best Channel for On-Chain Users to Enter Exchanges
AScoin Wallet seamlessly connects to exchanges such as Binance and MEXC, and is currently integrating with OKX to create the best channel for on-chain users to enter exchanges. Compared to users individually downloading exchange apps and undergoing information verification, with just an AScoin Wallet address, users can create exchange accounts and quickly deposit and trade without the need for a phone or email.
AScoin Wallet is an official broker for Binance, accessing Binance through API interfaces to share trading data and depth, providing Binance market services to users. Currently, the trading volume through AScoin Wallet has exceeded $1 billion (30 days), with a total trading volume surpassing $30 billion.
- Generate DID through blockchain addresses to participate in Binance market trading, fully protecting personal privacy;
- One-click deposit and withdrawal from local wallets for a more convenient trading experience;
- Transaction fee rewards with incentive properties;
- Providing more customized trading services, including strategy trading and copy trading.
Official Binance Broker
AScoin Wallet is an official broker for Binance, allowing easy access to the Binance market through AScoin, enabling free trading between DEX and CEX.
AScoin's Binance broker accounts use Binance's sub-account system, the master account of Binance, and all trading accounts in AScoin are established as sub-accounts under the master account of Binance. Therefore, AScoin's Binance broker accounts are provided with fund custody by Binance, maximizing the security of user funds.
Social Chat
In 2016, the AScoin team released the "Hole" encrypted chat software, entering the field of encrypted chat.
The development experience in social chat has always been an accumulated wealth of the team. After transitioning to wallet development in 2020, the team integrated technology and experience into the wallet, creating a decentralized social chat ecosystem with addresses as DIDs, providing a solution for non-anonymous social chat.
In early 2022, the "Web3 Anonymous Social Chat 1.0 Ecosystem" was officially released, achieving anonymous chat, peer-to-peer transfers, group red packets, and other basic functions.
Source: medium
AScoin's social chat, combined with Signal, has implemented a decentralized anonymous chat system with addresses as DIDs, a key feature module of AScoin.
Features of AScoin Social Chat:
- No need for email or phone number registration, only a blockchain address. Using a blockchain address as an identity ID, abandoning traditional Web2 registration methods such as phone and email, where the private key can become the sole entry for social chat;
- Support for 100,000+ users simultaneously in communities. Secure Signal code, end-to-end encrypted chat, core social chat data encrypted and stored locally, fully protecting user privacy and meeting encrypted chat needs;
- Support for value transfer between addresses through chat and sending red packets, meeting social interaction needs;
- Expansion of more social scenarios, such as group owners, pinned chats, groups, mute modes, etc., meeting the needs of the encrypted industry for social interaction.
Red Packet Function
AScoin Wallet enhances the interconnection between on-chain functions and chat accounts, allowing users to directly chat, transfer, and send red packets using blockchain addresses, enriching the entertainment scene on-chain.
For example, when users open the "Chat" module and enter a friend or group chat interface, they can use the red packet function. Currently, AScoin Wallet supports the use of digital assets such as USDT, USDC, ETH, BNB, etc., to send red packets. Payment methods can be chosen from BNB Chain, ETH Chain, TRON Chain, and any of the chains in the cloud wallet.
When friends or groups send red packets, users can click to open and receive them. The received red packet amount will be stored in the cloud wallet, and users can withdraw from the cloud wallet.
This design of AScoin Wallet allows users to easily manage and use their digital assets while enjoying the fun of chatting.
Comprehensive Function Integration
AScoin Wallet has integrated multiple functions including TRX energy leasing, market/instant trading, BRC20 inscriptions (supported by OKX), DApps, CeFi & DeFi Earn, and more.
From the perspective of public chains, AScoin Wallet has integrated mainstream public chains and assets such as BTC, Ethereum, BNB Chain, TRON, HECO, OKx, Solana, Polkadot, Cardano, Filecoin, Arbitrum, Optomistic, Aptos, Polygon, and more.
In addition, Assure is currently dedicated to developing more cross-chain underlying protocols to support the storage and trading of popular public chain digital assets (DeFi and NFT), DApps, and Meta-related applications, to improve the Web3.0 infrastructure.
Token Economy
The $SURE token is the utility token of the AScoin Wallet platform, providing power to the entire ecosystem. The $SURE token is based on Ethereum (ERC20) and BNB Chain (BEP20).
Initially, 1 billion SURE tokens were issued, all on the BNB Chain. Subsequently, based on demand, a portion of SURE will be migrated to the BNB Chain, and an equal amount of SURE will be issued on the Ethereum chain, achieving multi-chain issuance.
Release Rules
Mining Pool: 0% release during TGE.
Market: 3-year cycle, 30% at TGE, 6-month cliff, linear unlock from the 7th month.
Treasury: 3-year cycle, 10% at TGE, 12-month cliff, linear unlock starting from the 2nd year.
Airdrop: 1-year cycle, 10% at TGE, unlocked based on remaining activities.
Public Offering: 100% at TGE, to be determined.
Use Cases
The future use cases of the $SURE token will include participating in IDO project launches, exchanging for veSURE to participate in platform dividends, participating in platform governance, VIP benefits, mining incentives, and more, providing diverse application scenarios for the token.
Airdrop in Progress
AScoin Wallet has opened the first batch of airdrop inquiries and claims. Users can visit the official website or download the AScoin App to check their eligibility for the airdrop and make claims. It is expected that over 20,000 early wallet users will be eligible for the airdrop. The inquiry period is from 12:00 on February 2nd to 12:00 on February 4th (Beijing time), and the first batch of claims can be made from 12:00 on February 5th to 12:00 on February 7th.
The airdrop is targeted at users of AScoin Wallet, who have the opportunity to receive retroactive airdrops. The longer the usage time and the higher the frequency, the larger the amount of the airdrop. In the future, users who use financial management and the Binance market may also receive SURE mining rewards.
Summary
Although the story of Web3 is constantly evolving, a new wave of developers and users are joining this revolution, but its current user base is still insignificant, especially when compared to the global internet user base of over 4 billion. For example, the monthly active user count of mainstream on-chain wallets like MetaMask is seemingly "insignificant" when compared to the massive user base of traditional internet giants like Facebook. This not only highlights the small proportion of current digital asset wallet users but also underscores the huge growth potential in the market.
For AScoin Wallet, the digital world of Web3 holds a huge untapped potential of billions of potential users. In this expanding field, wallets that can attract and retain mainstream users will have a competitive advantage in the future. As more users begin to understand and participate in the world of Web3, wallets that provide intuitive, secure, and multi-functional services may become a key force in the future.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
