Apple finally approved Uniswap’s mobile wallet app,WEB3 GOES MOBILE
It was Thursday evening, I was a couple cocktails deep at Happy Hour, when the Milk Man texted me:
Milk Man: “Yoooo, Uniswap just broke out of Apple jail”
Milk Man: “Yeah, you can download Uniswap’s mobile wallet app on iOS now”
Me: “Ah, solid”
Milk Man: “Right?! Same day that Solana dropped its crypto phone too, what a time to be alive”
I ordered a third drink to celebrate. Why? Because the more mobile crypto gets, the more everyone can interact with the space.
That’s a win in our book. *mass adoption intensifies*
Let’s dig into each new launch.
1/ Solana’s new $1K phone (it’s called Saga)
Solana is a blockchain with a popular token (SOL) that has an $8B market cap. So it launching a crypto phone is a BFD.
- You can store your seed phrase on the phone. It stays separate from the Android OS, & you can protect it via a fingerprint scan.
- The seed phrase connects to the dApps you download so you can approve transactions instantly. Kinda like Apple Pay for Web3.
- It’ll have a dApp Store for Web3 apps. It won’t be as restricting as Apple’s – no 30% cuts or harsh rules here.
Think of it like a meat lover’s pizza: your fav meats are already baked in.
So is this thing legit? We don’t know yet.
We do know crypto phones haven’t done great in the past (HTC has made a few.) One reason is, they target such a niche market.
Crypto diehards might use this as a secondary device; not their primary phone. That’s not helpful when a new smartphone has to compete against Apple, Google, & Samsung.
Don’t tell that to Solana though; it wants Saga to be the only phone people use.
Solana’s over here dreamin’ big.
2/ Apple finally approved Uniswap’s mobile wallet app
So first, what’s this Apple & Uniswap beef?
Apple rejected Uniswap, without an explanation, when it tried launching its mobile app on the App Store in March.
It instead let Uniswap roll the app out to ~10K people via its testing platform (i.e. jail.)
You’d think a company that hid the Bitcoin whitepaper in its Macs for 5 years would be less stingy…
Who knows what made Apple change its mind. But Uniswap’s mobile wallet app is now officially listed on its App Store. (Lookin’ #fresh af, I might add.)
Traders can use it to:
- Buy crypto using fiat
- Swap (exchange a token for another) on Ethereum, Polygon, Arbitrum, & Optimism
- Monitor NFT prices (you can’t trade them though)
Why do we care? Uniswap is a DeFi giant with a major decentralized exchange and $4.26B in total value locked (TVL.)
And now it has a mobile wallet – i.e. a new fighter has entered the ring.
Watch out Metamask & Coinbase.