Introduction: CoinDCX Expands Okto Wallet into a Complete Web3 Ecosystem with Native Blockchain and Token Launch

Are you ready for a game-changer in the world of Web3? Indian crypto exchange CoinDCX is set to revolutionize digital payments with the expansion of its Okto wallet into a 360 Okto ecosystem. The big news? A native blockchain and token are on the horizon, promising a seamless mobile experience for users worldwide.

Co-founders Neeraj Khandelwal and Sumit Gupta spilled the beans in an exclusive interview with CoinDesk, sharing their vision for a user-friendly Web3 experience. The Okto blockchain and $OKTO token are scheduled to launch later this year, with a Points program already in motion to reward early adopters for on-chain transactions and asset transfers to the Okto wallet.

Since its inception in August 2022, Okto has been making waves in the DeFi world with its user-friendly mobile application and integrated wallet. The Okto Web3 SDK is a game-changer for developers, allowing them to create apps without the complexities of blockchain technology. With over a million wallets on the “Okto Orchestration Layer” and integration with 50+ chains and protocols, Okto is paving the way for a more accessible Web3 experience.

According to Khandelwal, Okto is bridging the gap between Web2 and Web3 by offering a single-click mobile experience without the hassle of self-custody, security, or transaction fees. Gupta is excited about the potential of Okto Chain to support thousands of Web3 applications, with a slew of apps in development for the mainnet launch later this year.

If you’re ready to dive into the world of Web3 and decentralized finance, keep an eye on CoinDCX and their Okto ecosystem. The future of digital payments is about to get a whole lot smoother with Okto leading the charge. Stay tuned for more updates on this exciting development in the world of cryptocurrency and blockchain technology.