Consumer Crypto

1/ Most crypto onboarding starts with friction: create a wallet, save a seed phrase, complete setup

At Para, we've already removed seed phrases and streamlined wallet creation. But we knew we could abstract the complexity even more

Announcing Guest Mode ✴️

Users get a working wallet instantly – no setup required. It's the first part of our new initiative, Progressive Onboarding 👇

Introducing Guest Mode! 

Create an account in seconds with zero social login or passkey. When it’s time to level up, convert it into a universal embedded wallet and keep your address, assets, and history intact

Peep 👀 demo.getpara.com

Working on @getpara | writing and thinking about crypto, global economies, and media 👩🏻‍💻

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pushin 🅿️roduct @zerion | seeding social graph & hydra ventures | self-custodial hooman | Early FID, Late FCer | ex computing tech @wolfram mathematica/alpha

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Thank you!! We are so overdue for a catch up

Great question! This is MPC based and users don't need to save anything on their side (eg. seed phrase, etc) 

All they do is push "Continue with Guest" and are provisioned a wallet that can receive, sign, send, etc. As soon as they want to claim their wallet all they'd do is setup a passkey/social login. And then the wallet is universal and can be used anywhere (even in places Para isn't supported)

How different is this from just a normal 4337?

Aren't those wallets also deployed on first onchain interaction as well?

Building eidolabs.xyz // Fun /tike // scientifically curious artistically aligned

Nope people can actually claim them and upgrade their wallets into universal embedded wallets 

A key refresh takes place at the point of claiming so new shares are generated. Also users get to keep the same wallet address (history & assets too) when they upgrade their Guest account

This is slick, but isn’t guest mode just creating more burner wallets? Curious how you're thinking about retention and wallet recovery post session.