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!
Robinhood for Crypto is very much wanted! The product explain it really well on the press launch
Onboarding experience looking really smooth for a crypto app! Congrats guys! What features are you planning next?
Congrats on the launch. I've been looking for a way to safely enter crypto but the only option I saw until now were the ETFs. But those take fees. This looks super promising. Excited to check it out
Thanks to this product, I will start to immerse myself in the crypto world industry!
Congrats on launching Tori! 🎉 Exciting to see a user-friendly crypto wallet with innovative features. Here's to making crypto accessible to all! 👏🚀
Congrats on the launch! I’m curious, how does Tori handle user onboarding for those unfamiliar with crypto terminology and concepts, especially as you promote Tori as the app even for my mom😁? Additionally, are there any safeguards in place for users to recover their wallet in case they lose access to their FaceID?"
congrats on the launch, the integration with faceid and plaid seems seamless. curious to know how you approached educating users new to crypto through your platform, are there specific tools or resources within tori that help with this?
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).
Tori was featured in Fintech (46.8k followers), Crypto (39.5k followers) and Cryptocurrency (5.5k followers) on Product Hunt. Together, these topics include over 21.5k products, making this a competitive space to launch in.
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.
Want to see how Tori stacked up against nearby launches in real time? Check out the live launch dashboard for upvote speed charts, proximity comparisons, and more analytics.
Kaito Cunningham