The simple mobile crypto wallet even your mom can use
Tori is the simplest way to access crypto: 1. FaceID: Create, manage, & execute transactions with your FaceID. 2. Connect with Plaid: Instantly deposit USDC with your bank account. 3. Access Aave: Tori lets you earn an average ~8% APY (30 day average).
Hey everyone!
Since the last bull market, crypto has undergone rapid, powerful improvements:
1. Account abstraction and wallet experience improvements: You're now able to abstract away gas, chains, and tokens so end users don't need to care about what's going on in the backend.
2. Blockchain scalability: Blockchains (with the rise of layer two's and Solana) have now made crypto actually useable - both in terms of speed (near instant finality), and cost (sub-cent transactions).
3. Stablecoin maturity: It's no question that tokenizing assets on public ledgers are a clear way to democratize assets to important financial instruments in society. Stablecoins have hit rapid growth, with over 160B worth of stablecoins issued (USDC and USDT).
We've taken all of these platform shifts and underlying improvements, and we shipped Tori - the next generation mobile crypto wallet that anyone can use, whether it's people already in crypto, to people who've never touched crypto in their lives.
Here's a bit more info on Tori:
1. No private keys or seed phrase management: Instead of writing a complicated seed phrase with Metamask and other self custody wallets, you can now just use your FaceID to create and manage your wallet.
2. Connect with your bank account: Instead of using expensive onramp providers or centralized exchanges (which break users out of their flow), you can instant deposit into Aave with Tori.
3. Access DeFi: With Tori, we're non custodial and allow you to access DeFi apps in a first principles fashion. Want to supply your assets to Aave? Click one button.
We also touch more on Tori's most frequently asked questions here (https://intercom.help/utopia-lab...):
4. How the yield gets generated: https://intercom.help/utopia-lab...
5. Tori's risks: https://intercom.help/utopia-lab...
6. How secure is Tori: https://intercom.help/utopia-lab...
Tori is currently only available in the US, and you can get up to $500 by using the code PRODUCTHUNT today.
P.S: Try shaking Tori, and you'll also get some free Sweetgreens salad!
About Tori on Product Hunt
“The simple mobile crypto wallet even your mom can use”
Tori launched on Product Hunt on June 7th, 2024 and earned 118 upvotes and 17 comments, placing #13 on the daily leaderboard. Tori is the simplest way to access crypto: 1. FaceID: Create, manage, & execute transactions with your FaceID. 2. Connect with Plaid: Instantly deposit USDC with your bank account. 3. Access Aave: Tori lets you earn an average ~8% APY (30 day average).
On the analytics side, Tori competes within Fintech, Crypto and Cryptocurrency — topics that collectively have 91.9k followers on Product Hunt. The dashboard above tracks how Tori performed against the three products that launched closest to it on the same day.
Who hunted Tori?
Tori was hunted by Kaito Cunningham. A “hunter” on Product Hunt is the community member who submits a product to the platform — uploading the images, the link, and tagging the makers behind it. Hunters typically write the first comment explaining why a product is worth attention, and their followers are notified the moment they post. Around 79% of featured launches on Product Hunt are self-hunted by their makers, but a well-known hunter still acts as a signal of quality to the rest of the community. See the full all-time top hunters leaderboard to discover who is shaping the Product Hunt ecosystem.
For a complete overview of Tori including community comment highlights and product details, visit the product overview.
Kaito Cunningham