- Introduction
- Market Overview
- What is Frontier?
- Product features
- Comparison of Market competitors
- Strategic Partnerships
- Tokenomics
- Accomplishments & Roadmap
- Team
- Conclusion
Introduction
Frontier aims to become the single app one will need to access Crypto & DeFi. It acts as a one-stop solution to use various aspects of DeFi across different chains & protocols.
Frontier is the simplest method for tracking, sending, storing and investing in more than 4000 assets at once. One can create a wallet in less than a minute and get started on their Crypto journey. Any crypto like Bitcoin, Ethereum can be bought with card, Apple pay or Bank transfer directly. Additionally, one can earn up to 20% APR by exploring staking & lending opportunities directly from the wallet. Frontier enables commission-free trading across 4000+ assets, providing the best price for any crypto with less slippage across chains powered by decentralized exchanges. Furthermore, Frontier can connect with other wallets via WalletConnect. Frontier wallet can also store and collect all NFTs & Digital collectibles in one place.
Additionally, Frontier is a non-custodian wallet i.e, the user alone is in complete control of their private keys, which in turn governs their cryptocurrency and serves as evidence that the money belongs to the user alone. When using a non-custodian wallet, there is no need to rely on a third party to manage the user’s assets.
Market Overview
Asia is one of the markets for cryptocurrencies that is growing the fastest, but it lacks the right tools for navigating the environment. A typical user prefers to use their mobile device to access the market, however there are few mobile apps that give users access to a full range of crypto capabilities in one location. The process of using various DeFi offerings on a mobile device is really difficult.
Major crises like LUNA crash, Celsius, Voyager, 3AC, and now FTX filing for bankruptcy has led to a continuous erosion of trust on centralized players in the crypto industry. This has increased demand for decentralized solutions for everything in the industry.
Frontier being a non-custodian wallet gives complete control of the private keys, thereby the assets to the end user alone. This is key for a decentralized future.
What is Frontier?
Frontier is a multi-chain, non-custodial wallet that will serve as the key to Web3, DeFi, and NFTs for everyone. The wallet incorporates the majority of the essential features someone would require to easily and securely manage and deal with their crypto assets. It is designed for both novice and experienced cryptocurrency users.
Due to its multi-chain capabilities, Frontier Wallet is gaining popularity and is quickly replacing other wallets as the preferred option. The wallet provides native access to possibilities across all chains and now supports over 26 chains, with more being added per month. Additionally, users may securely transfer assets to different chains using a single app because of its built-in bridging capability.
Frontier is very secure and never stores a user’s private keys as it is a non-custodial wallet. This means that a user’s cryptocurrency assets are solely his property, and that no one else may access them or block them until the user gives them permission to do so.
The current progress & traction on Frontier is as follows,
Total Transaction Volume since inception: $782,000,000+
User Base: 250,000+
Revenue: All the revenue earned is B2B revenue earned via protocols paying
one-time fee for integration within the app
Product features
Frontier has all the features required to become the go to DeFi wallet app to meet all financial needs of the user, as Frontier is a mobile wallet aggregator for decentralized finance (DeFi) products and services.
Major features of Frontier as listed below,
Comparison of Market competitors
Strategic Partnerships
Tokenomics
$FRONT is the native token of Frontier. $FRONT incentivizes DeFi by Liquidity provision, Gas-less transactions, NFT acquisition & creation, & more.
Token Utility can be understood much better as follows,
100,000,000 FRONT is the total token supply.
Token supply distribution model is as follows,
Accomplishments & Roadmap
The latest checkpoints on the roadmap
– 250k users (iOS, Android, Progressive Web apps)
– 2M+ tracked wallets
The tentative roadmap ahead:
- Q2 2022
- DeFi trading terminal
- Web + Browser Extension
- Q3 2022
- Frontier Pay
- In house fiat on-ramp and off-ramp solution, with multi chain support
- Q4 2022
- Bridge aggregator (FundMovr, Pontoon)
- NFT & GameFi aggregator
- Q1 2023
- DAO aggregator (Participate in various governance natively through the app)
- IDO aggregator (Integrate POLS, Seedify, Zeedo natively)
Team
Ravindra Kumar
CEO, Co-founder
Ravindra, formerly the CTO of InstaDApp and Woodstock, is a smart contract developer, Android developer, and computing polyglot. He is an early adopter of Ethereum development with rich technical knowledge of its core codebase, cryptography, and form verification. Ravindra has 9+ years of dev and worked on 50+ mobile applications, including Fueled.com, Care.com and Cleartrip.com.
Vertrichelvan Jeyapalpandy
CTO, Co-founder
Vertrichelvan has 13 years of experience in software development and has an interest in exploring and learning new technologies. He has worked on various projects in marketplace and transportation and has a keen eye for design. He has been developing in the blockchain & DeFi space for 2+ years.
Palash Jain
CMO, Co-founder
Palash oversees all aspects of Frontier’s marketing, community, PR and brand awareness. He has 3+ years of experience in the blockchain space and has worked with several projects on the marketing front, including IOST, BitMax, Matic and Lambda.
Philip Arthur Moore
COO, Head of Research & Development
Philip facilitates the growth of Frontier through integration and decentralized protocol discovery, QA, and industry research. He has 17+ years of experience in software development, founding startups, and team leadership at various companies, including Automatic, Inc. and WordPress.com.
Dhawal Shah
CBDO, Head of Business Development
Dhawal establishes and executes Frontier’s Business Development strategy that includes blockchains, protocols and wallets. He has 14+ years of experience in franchising, international business development, and investment banking.
Conclusion
DeFi offerings are here to stay and will outgrow the CeFi counterparts currently dominating the crypto space. DeFi ensures a greater security, developing strong trust and enables true decentralization – the values that are core to the crypto revolution itself.
Frontier is the gateway for the developing world to access these superior DeFi offerings on mobile seamlessly. The potential is huge and the Product-Market fit is spot on. With more than 250,000 users since its launch, the product has already demonstrated that it fits within the wallets market. Integrations with various chains, Dapps, marketplaces, and protocols are other indicators of the increasing momentum. The main rival in the mobile market is trust wallet, which lags behind Frontier in terms of features. The founding team is made up of seasoned developers and members of the crypto industry, thereby making them well placed for building Frontier.
Frontier has a strong product with many features, and has found its fit very well in the market. It also shows great potential for future growth given its current momentum.
We are happy to support Frontier in their mission to become one stop for everything DeFi for all.