Co-Founder aubrey anderson and CTO of the Algorand Foundation john woods host a fireside chat about Onboarding the next 10 million mobile users

DUBAIUnited Arab Emirates and THE ANGELS, November 29, 2022 /PRNewswire/ — The New Computer Corporation (NCC) recently introduced its Decentralized Application Program Services (dAPI) suite of tools that provide easy access to web3 infrastructure and utility after a $2.5 million Seed Funding round led by Borderless Capital.

Now they are ready to share the success of activating Inkey, the paradigm-shifting micro-wallet that shifts the focus from commerce to experience, unlocking the true potential of blockchain.

Inkey is an easily embeddable open source transaction processor that can turn any application into a dApp, bringing existing audiences to web3. Inkey speaks familiar terms to a mobile-first audience of users, including non-crypto natives. For brands and organizations that want to seamlessly transition to web3 and maintain customer and fan engagement, Inkey fits into existing infrastructure with no additional installations. Opening a wallet shouldn’t be an intimidating prospect. Inkey features an intuitive and seamless process that takes 30 seconds or less.

Inkey debuted on stage during decipher 2022the annual gathering of Algorand builders, founders, investors and strategists hosted by the Algorand Foundation and taking place at Madinat Jumeirah this week in dubai. NCC Co-Founder and CTO aubrey anderson appeared on stage along with the CTO of the Algorand Foundation john woods to discuss onboarding the next 10 million users to Algorand.

In addition to Inkey, the current set of NCC dAPI tools includes:

• STOI– A micro-DAO (m-DAO) that tokenizes fractional ownership and automates revenue distribution between owners, fans, and rights holders
• Bricks: a token standard and exchange protocol for media streams that enables smart contracts (one stream = one token)
• TTM: token-directed chain messaging protocol
• Project: Rodeo: a chain project management tool to create, assign, manage and reward milestones

john woodsCTO, Algorand Foundation: “NCC is changing the game. Algorand is the first fit-for-purpose chain. Secure, robust, scalable, fast and affordable. We’re excited to see where they take this.”

Benjamin PalmerNCC Co-Founder & CEO: “The web is at its most exciting inflection point since the 1990s. web3’s powerful programmable financial tools make many near-great ideas from the past fully feasible and unlock an incredible array of new business models for creative experiences. We are delighted to put these financial tools in the hands of creators and create new magic on the Internet together!”

aubrey andersonNCC Co-Founder & CTO: “I feel like we know a secret right now that no one else knows: Decentralization isn’t just for finance. It will make the internet fun again.”

In the III Festival of Points in miami in October 2022, Inkey offered access to a utility token in the existing III Points app experience. It was redeemable for fast lane access, free drinks, and free skate rental at the festival’s neon skating rink. Engagement was fast and didn’t slow after the first day of the multi-day event: token distribution on day 2 matched pre-event distribution numbers at a festival with approximately 30,000 attendees and limited connectivity. Leading up to and during the event, non-native cryptocurrency users opened 4,500 wallets, 98% on mobile, out of the nearly 8,000 festival-goers who visited the promotion site, a 57% conversion rate.

About the new computer corporation
The NCC is excited for the third chapter of the web! This is our collective opportunity to align economics and creativity, and we’re here to help. We believe that when applied correctly, the web3 economy can solve problems of ownership, identity, payments, attribution, tracking and more. Therefore, we are creating tools that will help you build your own cultures and have fun while doing it.

The NCC was co-founded by Benjamin Palmer Y aubrey anderson in 2019. Ben and Aubrey co-founded the Barbarian Group and have a lifelong commitment to making the internet a fun place.

For more information visit: inkey.ncc.la
Media contact: greg bresnitz [email protected]

About Algorand
Founded by Turing Award-winning cryptographer Silvio MicaliAlgorand’s high-performance Layer 1 blockchain is unparalleled in delivering fast, frictionless, and inclusive technologies for all. Algorand is reshaping every industry, from TradFi and DeFi to new builder economies and more. With an extraordinary commitment to interoperability and consistent delivery, its sustainable technology drives greater participation, transparency, and efficiency for all. As the technology of choice for more than 2,000 global organizations, the Algorand ecosystem is transforming the next generation of financial products, protocols, and value exchange.

For more information visit www.algorand.com.
Media contact: [email protected]

Logo: https://mma.prnewswire.com/media/1229493/Algorand_Logo.jpg

SOURCE Algorand