CoinDCX announces its foray into Web3 ecosystem
The crypto company reveals plans of new Okto app as part of its larger initiative to increase crypto adoption
By Shashank Bhardwaj
CoinDCX co-founder, Neeraj Khandelwal, unveiled the crypto company’s plans to accelerate the adoption of decentralised blockchain economy for mass market consumers while speaking at the Unfold 2022 convention. This move comes as part of the company’s plan to put in place a robust strategy and display commitment to strengthening its footprint in the Web3 and DeFi sphere.
Khandelwal said, “Currently, Web3 is complicated for newcomers, as the technologies demand more, the users need to understand complexities of chains and protocols. The biggest problem for users is managing and safeguarding their private key as the crypto addresses and long passphrases are the only way to access their assets. At CoinDCX, our vision is to always keep users at the centre of our design strategy. With this launch we will help take the world of Web3 mainstream by simplifying and enabling access & interaction for users.”
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