Trust Wallet CEO Eowyn Chen and Head of Product Nate Zou on the Future of Self-Custody

In a recent Twitter Space session, BeInCrypto’s Bruna Brambachi hosted an enlightening discussion with Trust Wallet’s CEO, Eowyn Chen, and Head of Product, Nate Zou. The conversation delved into Trust Wallet’s latest advancements, focusing on its newly launched features: Trust Wallet Quests and Trust Points.

The Evolution of Trust Wallet

Since its inception in 2017, Trust Wallet has evolved beyond a simple digital self-custody wallet. With over 130 million users and support for more than 120 chains, 10 million tokens, and 600 million NFTs, Trust Wallet has become synonymous with trust and ease of use in Web3. Their mission is to empower users with secure and self-custody solutions.

Launch of Trust Wallet Quests and Trust Points

During the session, Brambachi congratulated Chen and Zou on the launch of Trust Wallet Quests and Trust Points. Chen explained the inspiration behind these features, highlighting the community’s desire for more gamification components to enhance user engagement in Web3. 

“Originally, the idea came from some of the team members who suggested having more gamification components to guide users to better engage in Web3 through the product,” said Chen. “It took time for us to develop as we learned from both Web2 and Web3 gamification platforms.”

Zou further elaborated on how the quest platform works.

“Users can access the Quests via the Discover page on Trust Wallet, where they will find missions such as creating a new wallet, staking a small amount of ETH, and daily check-ins to claim points,” he explained. “Every new user starts with 100 points, and additional points can be earned through various activities within the wallet. These points are designed to measure and reward user engagement and contributions to the Trust Wallet community.”

Enhancing User Experience with Ease of Use

Trust Wallet has always prioritized ease of use, as evidenced by its recent launch of the Hot Tokens page. Chen and Zou discussed how the new quests, mini-apps, play-to-earn, and tap-to-earn elements are designed to create a richer user experience and drive further adoption. 

“The goal is to abstract complex Web3 technology to provide users with a smooth and simple experience akin to Web2,” Chen emphasized.

“The quests and mini-apps make blockchain interactions more engaging and accessible,” added Zou. “This approach enhances the user experience and helps onboard new users to the crypto space.”

Commitment to Security and Privacy

Trust Wallet is committed to providing top-notch security measures.

“We have launched a security scanner that has blocked nearly $440 million in transactions to addresses identified as scammers,” said Chen. “We’ve also prevented over 1.4 million risky interactions with malicious dApps.”

Trust Wallet also received ISO 27001 and 27701 certifications, ensuring the highest standards of security and privacy.

Zou added, “Trust Wallet’s built-in security features, such as hiding spam tokens and NFTs, and security scanner which provides warnings for risky transactions, help protect users from scams. “These efforts, combined with ongoing education through our blog, social media, and community channels, ensure that users are well-informed and safe in the crypto space”. 

Future Developments of Trust Wallet

Looking ahead, Trust Wallet aims to continue evolving from a “holder’s wallet to a user’s wallet”, supporting a broader range of decentralized applications (dApps) and features. 

“Our goal is to integrate incentives and motivations through better tokenomics and on-chain data tracking, creating a more unified and rewarding user experience,” said Chen.

Zou emphasized the importance of security, ease of use, and opportunities in the future development of Trust Wallet. 

“We plan to expand our support for various ecosystems, incorporate new technologies, and build a guided journey for users, ensuring they can access and benefit from the world of Web3 without extensive crypto knowledge,” he explained.

Recap of the Twitter Space

As the Twitter Space session wrapped up, it is clear that Trust Wallet is committed to enhancing user engagement and security through new features like Trust Wallet Quests and Trust Points. 

To fully leverage these new features, start by exploring Trust Wallet Quests. Open your Trust Wallet app, visit the Discover page, and engage with the new quest missions. Earn points by completing tasks like creating a new wallet, staking ETH, and daily check-ins.

Engage with the community by joining Trust Wallet’s Telegram and Discord channels to connect with other users, share experiences, and get your questions answered by Trust Wallet squad members.