Building Wallets for Web3 and the Challenge of User Onboarding

Henri is an ex-research scientist at Protocol Labs. He Co-Founded Privy, which provides web3 projects such as Friend.tech, t2 & Shibuya with seamless onboarding & embedded wallets.

In this episode, we dive into the early MVPs of Privy, learn how it works under the hood, how they managed to design such as smooth UX & more.

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TIMESTAMPS:

00:00 A few words of intro

01:56: Why Henri started working on Privy

06:02 The early days of Privy

11:37 How have they built their MVP

13:15 Why did they make a pivot despite having an interest in their product

15:41 Which features helped them to tip the scales

22:34 How Privy works under the hood

34:04 Most wallets were built with L1s in mind

37:23 How do embedded wallets work

48:24 What would happen with wallets if Privy went out of business

50:36 How do they acquire their users

53:24 What kind of metrics do they follow

57:59 How does the world look like if Privy fulfilled its mission

1:04:25 Where people can learn more about Privy