Forget about tracking DAO votes, DeFi transactions or data breaches across many channels and platforms. Your Web3 mailbox will handle it for you without requiring your phone number or legacy email address. Instead, your wallet address will receive and organize all this information.
At least, these are some of the promises made by Web3 communications companies attempting to build the first generation of blockchain-based messaging platforms: theWeb2 experience with Web3 privacy and security, and, most importantly, focusing on Web3 problems.
Wallet's monthly statements, transaction notifications and hack updates, for example, are some of the contents users could receive in their inbox, explained Swapnika Nag, co-founder of Hashmail — an India-based startup that launched in beta on Oct. 1.
The startup is now offering users the possibility to exchange email through their existing wallet addresses. "That's essentially an inbox which feels very much like email, but on the backend, you just connect with your wallet address and your messages," noted Nag.
For native Web3 companies, the technology means an alternative to Telegram and Discord communication channels by providing a direct line with users, and also a potentially valuable marketing tool. For users, it adds an extra layer of protection against phishing attacks, and potentially offers token rewards via paid advertising and subscriptions received.
"In Web3, your point of access is your wallet, and that is what you log in with. Essentially, that is what most applications know about you," said Nag.
Related: What is Web 3.0: A beginner's guide to the decentralized internet of the future
Another company attempting to address the communication friction in the industry is Ethermail;
Read more on cointelegraph.com