Cold Wallet enters the crypto wallet market with a new approach, offering users cashback on transactions. The new player promises to change established standards.
Operational Principles of Cold Wallet
Cold Wallet implements a simple model: users receive CWT tokens every time they pay gas, swap assets, or transfer funds. The rewards are automatic and instant, without the need for staking or locking up funds.
Advantages and Differences from Competitors
Unlike MetaMask and Trust Wallet, which do not offer rewards, Cold Wallet aims to cultivate user loyalty through a cashback system. The interface inherited from Plus Wallet ensures easy navigation, making the wallet's use more convenient.
Prospects and Challenges of Cold Wallet
Switching wallets remains difficult, but the presence of two million active Plus Wallet users and successfully raising $5.93 million in presale creates favorable conditions for growth. The main challenge lies in attracting users to convert them into active CWT holders and boosting growth through cashback and referral programs.
Cold Wallet represents a serious competitor to existing players in the market by offering unique advantages and the potential for rewards. The project's success will depend on how effectively it can attract users and change their perception of crypto wallets.
