Hassan Maishera
The Near Protocol announced via a blog post on Thursday that Coin98, the multichain wallet and DeFi platform, has launched a decentralized dapp store for its 7 million users across 170 countries, built on NEAR.
The platform allows users to access a range of apps on prominent Ethereum Layer-2 ecosystems such as Polygon zkEVM, zkSync, Base, and Linea, greatly increasing accessibility and discoverability for users.
Coin98 utilized the B.O.S as a frontend layer to fully decentralize the user experience. This implies that all the featured dapps on the Coin98 gateway have frontend components whose code are stored on-chain on NEAR, which directly interact with the smart contracts on the original chains.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $1.550, up by 5% in the last 24 hours.
Coin98 is a cross-chain liquidity protocol with a full suite of products, including Coin98 Wallet, Coin98 Exchange and Coin98 Bridge. The Coin98 wallet is a non-custodial, multi-chain crypto wallet and gateway built as an infrastructure for the multi-chain future. C98 is down by more than 7% in the last 24 hours and is now trading at $0.1691.
