Etherspot and OKX Forge Strategic Partnership to Elevate Web3 Development with Account Abstraction

Etherspot and OKX Forge Strategic Partnership to Elevate Web3 Development with Account Abstraction

Written by

Alexandra

July 26, 2023

We are pleased to announce that Etherspot and OKX have formed a strategic partnership focused on Account Abstraction (AA) to provide OKT Chain (OKTC) with a suite of cutting-edge Web3 tools, unlocking endless possibilities and empowering developers in the OKTC ecosystem.

This partnership of prominent decentralized projects is designed to push the limits of what is considered possible in Web3 infrastructure while assisting developers with a variety of innovative tools for building decentralized applications, games and protocols with superior scalability, security, and user experience.

Empowering Account Abstraction on OKTC

At the core of this collaboration is the expansion of Account Abstraction (AA) on OKX’s native chain OKTC. The super scalable, L1 Blockchain OKT Chain (OKTC) is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. 

With Etherspot developers on OKTC will get access to various outstanding AA features such as: 

Meta-transactions which allow users to pay for gas with stablecoins; 

Social logins, to easily onboard Web2 users to Web3 apps without the technicalities of private key storage and seed phrases;

Sponsored transactions. Projects can sponsor transactions for their dApp users;

Transaction batching that will help to compose multiple transactions into a single transaction;

Cross-chain bridging that allows your dApp to onboard users from any chain;

Fiat on and off-ramp to let your users buy and sell crypto within your dApp.

A comprehensive suite of developer tools

Etherspot serves as the recommended Account Abstraction wallet and infrastructure stack for projects seeking to accelerate development on the high-performing OKTC. Our comprehensive suite of developer tools, including a smart contract wallet, primary SDK, a React BUIDLer component for plug & play integration and a React library – TransactionKit, empowers developers to simplify and expedite their development processes.

With the Etherspot SDK leading our developer stack, we take Web3 user onboarding to an entirely new level. Etherspot is a self-custodial smart contract wallet that ensures a user-friendly and intuitive Web3 experience while prioritizing security.

Etherspot and OKX are willing to push the boundaries of Web3 infrastructure, empowering developers, and driving the adoption of account abstraction.

Furthermore, developers can integrate OKX DEX aggregator into their dApps since it’s available on the Etherspot SDK. The DEX aggregator consolidates different prices and trade paths on over 100+ DEX and recommends to users the optimal path with the lowest slippage. Users can choose between 100,000+ tokens in 10+ chains. 

About OKT Chain

OKT Chain (OKTC) is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. With high scalability, developers can build and scale with low gas fees. The OKT Chain ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.

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About Etherspot

Etherspot is a multi-chain ERC4337 developer platform that provides solutions for dApps, games, and wallets to deliver frictionless Web3 UX for their end-users. Etherspot leverages Account Abstraction to enable smooth onboarding for new users and abstract away complex blockchain operations.

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