Beoble, an app for messaging between wallets, aims to provide decentralized communication with increased privacy and interoperability. The traditional messaging industry has room for improvement, and Web3 technologies can fill that gap. Analysts predict significant growth in the market for blockchain-based messaging apps, with a value exceeding $600 million by 2030.
Web3 messaging platforms have the potential to address the shortcomings of their centralized counterparts by leveraging decentralization, data privacy, interoperability, and innovative monetization models. Unlike centralized platforms like WhatsApp, Web3 messaging systems use blockchain technology to decentralize infrastructure, distribute control among network participants, and reduce censorship risks.
Web3 messaging protocols are designed to be interoperable with various decentralized applications (DApps) and blockchain networks. This allows developers to seamlessly integrate messaging functionality into their decentralized services, unlike traditional platforms that host closed ecosystems and limit communication with users on other platforms.
Beoble is a Web3 messaging platform that aims to change how people use digital communication. It consists of a web-based chat application and a toolkit for integration with DApps. Dubbed “WhatsApp for Web3,” Beoble eliminates the need for login methods like Twitter or Discord and requires only a wallet for access. Users can log in using their wallets and send texts, images, videos, links, and files across blockchain networks.
Beoble also offers features such as emojis and NFT stickers to add personality to digital conversations. With message reactions, replies, and customizable chatroom settings, Beoble caters to the diverse needs of Web3 enthusiasts.
The platform supports token-gated chatrooms, which act as spam filters and allow users to set up exclusive digital spaces with specific entry criteria. By leveraging on-chain data, Beoble enables users to filter out spammers and scammers from direct messaging or group chat invitations based on predefined criteria.
Beoble also offers a wallet tracker with social features. By following other users, individuals can add them to their contact list for easy access to direct messaging and group interactions. The “Follow” action serves as a wallet activity tracker and provides personalized user and chatroom recommendations through an algorithm. It also facilitates discussions among followers by posting real-time transaction updates related to the followed user’s wallet.
Beoble has already raised $5 million in a fundraising round and has gained traction with over 300,000 monthly active users, 50,000 daily active wallets, and 21 million delivered chats. The platform is currently developing Beoble 2.0, a messaging protocol that will allow users to chat across “all chains and DApps.” The new version is scheduled for release in 2024.
The emergence of Web3 messaging platforms offers a transformative opportunity to overcome the limitations of centralized communication systems. These platforms provide enhanced privacy, interoperability, and monetization options for users.