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Blockchain News

Beam Wallet Revolutionizes Web3 Shopping with Join App Integration

Moreover, Beam Wallet, operating on the Optimism and Base networks, offers an innovative approach to crypto transactions.

Written By Kelvin Munene Kelvin Munene
Published January 25, 2024 7:18 PM·Updated 2 years ago
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Beam Wallet Revolutionizes Web3 Shopping with Join App Integration

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.

1/ BIG NEWS: we’ve acquired @join to enable shopping online with stablecoins.

It’s time to bring checkout onchain. No more waiting for the rest of the world to catch up.

Want to be the first to spend stablecoins on Amazon? Read on 👇

— Bend (@bend_eco) January 25, 2024

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

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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