I think Jupiter is a project that has the potential to become one of the top 10 projects in the crypto market. I will gradually update the relevant content of $JUP to fully present this project with great vision to everyone.
It’s not easy to write code, please pay more attention.
The pinned post on my personal homepage will continue to update my future attractive currencies.
Review of the first issue 👉Why do I continue to be optimistic about JUP? ---- (I) Is this the Avengers of the Solana ecosystem?
On April 23rd, Beijing time, Jupiter co-founder Meow introduced Jupiter's first phase goals in the Stage 1 of JUP's New Plan program.
At this stage, their vision is to attract tens of millions of mainstream users (outside the circle). SocialFi and GameFi may attract the masses to join the circle, but what really attracts users is transactions (emphasis added).
Tokens are the most common and important use case. Many tokens are first traded on DEX. Once users start to learn how to use decentralized exchanges, they will naturally use other exchanges.
It will be more efficient for users to deposit funds into their wallets. The use scenarios of funds include lending, tipping, playing games, buying games, streaming, etc. Funds can be used without any restrictions around the world. With enough use scenarios, more users can be attracted to use decentralized transactions.
Meow believes that the best starting point for outside users is Solana and Jupiter because they are cheap and convenient enough.
Jupiter has indeed played an important role in this round of sol chain meme craze, and most users got to know JUP because of trading memes.
So, here comes the Jupiter Mobile program!
The official Twitter account joked: "We're one step closer to letting your mom 👩 use Jupiter" 😂
A major focus of the initiative is a simplified user experience, similar to that of self-driving cars.
Feature 1: Zero handling fee
Feature 2: Reduce complexity through automatic configuration, such as gas, slippage, or retrying transactions.
Feature 3: Focus on Solana and Exchange
To achieve this vision, Jupiter acquired Ultimate Wallet, one of the best DeFi mobile applications, to enhance the performance of Jupiter Mobile through their technology and team.
Jupiter Mobile is a key part of Meta’s strategy to accelerate growth by attracting large numbers of people to cryptocurrency.
The above is the only information available about Jupiter Mobile at the moment. The core keyword is One Click Trading, which means that transactions can be completed with just one click, eliminating the complicated learning costs such as gas, slippage, transaction failures, and even multiple authorizations.
It can also be seen from the screenshots that buying coins has become extremely simple, and there is no need for complicated settings.
Let’s take a look at the features of Ultimate Wallet acquired by JUP to infer the future functions of Jupiter Mobile.
It has been discontinued and you can only find out more about it through the official website.
Feature 1: Zero-fee transactions for 10k+ tokens, which is also the core advantage of Jupiter Mobile in the future. The figure compares Solana's mainstream Phantom wallet and the Metamask wallet with the largest number of users.
Feature 2: Asset monitoring, buying and selling, cloud backup, and message notifications. I personally hope that the asset income statistics and historical commission marking can be done well. If it can be on par with mainstream CEX, it will be the first among wallet apps.
Feature 3: NFT trading and market, automatically hiding phishing projects (this is highly praised. BBK, I once had NFTs worth 9 $ETH stolen on Opensea because of a phishing project. My heart was bleeding)
Feature 4: DApp browser, the core is still phishing protection (truly user-centric)
Feature 5: Multi-chain wallet, Solana Pay (the payment scenario mentioned by JUP co-founder Moew is probably based on this implementation)
Feature 6: Tracking wallets. Zerion wallet does a good job in this regard. If the experience can surpass Zerion, it will be another big advantage.
Summarize
It is currently certain that Jupiter Mobile is a wallet App project. If JUP can really achieve the smooth experience of One Click Trading, and then add the diverse payment scenarios of Solana Pay, it is not impossible to break the circle and attract tens of millions of new users. If JUP can do it, it will be a great achievement for the Solana ecosystem and the entire web3.
The most important upgrade of Ethereum this year#布拉格升级 The biggest benefit is the EVM wallet. Will JUP be able to become the leader of the$SOL system wallet and surpass the experience of the Ethereum system wallet? Let us wait and see!
