What is Stavax?

Overview

Telegram, with 900 million global users, is notable not just for its vast scale but also for its community's keen interest in Web3 technology and cryptocurrencies. Developing mini-apps on Telegram presents new opportunities for Web3 projects to access a large pool of quality users while leveraging Telegram's familiar interface to deliver a seamless Web3 experience.

However, building dApps on Telegram faces challenges in onboarding, especially concerning wallet creation, security, and transactions. At present, only the TON blockchain has a complete solution supported by Telegram. Other blockchains lack fully developed and integrated solutions, which hampers the seamless deployment of dApps across different blockchain networks on Telegram.

Stavax aims to solve these problems by becoming the "omnichain on Telegram," facilitating seamless integration for projects across all blockchain networks. This simplifies Web3 adoption by connecting diverse blockchain ecosystems with Telegram's extensive user base, delivering significant value to both Telegram users and developers:

• For Telegram Users: Access Web3 projects like DeFi, GameFi, NFTs, and more directly through Telegram Bots and Mini Apps, providing a Web2-like experience without the complexities of blockchain details.

• For Developers and Projects: Integration with Stavax Account enables easy access to Telegram's large user base for developing Web3 Mini Apps, enhancing project reach and engagement.

Our solution

At the heart of our solution is the Stavax Account, building upon the foundation of a self-custodial Smart Wallet. This innovative wallet goes beyond simple storage, unlocking a multitude of benefits for both users and developers:

• Seamless User Experience: Stavax Account enables you to access multiple web3 dapps across various chains and experience web3 functionalities on a user-friendly interface. Easily create an account with just one click, securely execute on-chain transactions, and manage your assets, all without the complexities of blockchain technology.

• Enhanced Security: Stavax Account enhances user security by fragmenting private keys across multiple secure servers, thereby minimizing risks of unauthorized access and ensuring robust protection for assets across blockchain networks.

• Multi-chain Integration: Stavax Account seamlessly integrates with multiple blockchains such as Ethereum, Avalanche, Polygon, and more, enabling developers to deploy dApps across diverse chains, taking advantage of each network's unique strengths.

• Frictionless Transactions: Stavax Account empowers developers with flexible gas transaction options, including using tokens other than the native token for fees or offering free gas, paving the way for innovative strategies to drive user growth in the Web3 ecosystem.

In essence, Stavax Account acts as a bridge, not just between Telegram and various blockchains, but also between the complexities of Web3 and a user-friendly experience. It empowers users to embrace the potential of Web3 without getting bogged down in technical intricacies.