Worldcoin‘s Instruments For Humanity has received Ottr Wallet, a Solana-based digital wallet launched 18 months ago.
Ottr Finance offered the acquisition on Thursday, with the startup’s CEO Aleksei Zakharov noting in a blog post that the acquisition marks a brand new chapter for Ottr Wallet.
“Joining Instruments for Humanity marks a brand new chapter for us, combining our ride with theirs to come the world of digital identity and finance. I am immensely proud of our team and grateful to all who supported us from the starting of this scramble,” Zakharov acknowledged.
At present we’re enraged to verbalize that Ottr has been received by @tfh_technology, a contributor to @worldcoin. After 18 months building a next abilities individual crypto ride, we’re joining forces to take the World App to the next level! pic.twitter.com/eNBymyLnhw
— Ottr ☀️🦦 (@ottrfinance) February 29, 2024
Ottr to sundown wallet
Following this type, Ottr Finance is sunsetting its wallet because the team joins Instruments for Humanity. Essentially based mostly on the Ottr team, wallet users can birth exporting their seed phrases and deepest keys to Solana-compatible wallets. These include Phantom and Solflare.
Ottr’s backend will proceed to be operational unless June 1, 2024 earlier than the Ottr app is eliminated from App stores.
Meanwhile, the Ottr team will now focal level on helping make the World App – Worldcoin’s digital wallet. Info on the Worldcoin web region reveals there were 3.86 million World ID signal americasince the Sam Altman co-created project launched in July 2023.
Customers absorb claimed over 82.6 million WLD tokens since originate, whereas transactions on the World App absorb reached 31.1 million in 220 days.
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