Rabby Wallet (N/A)

Over time, the blockchain industry has evolved from a "one-chain" economy, where users primarily interacted with one or a few networks, to a multichain experience requiring users to frequently switch networks and explore new DeFi apps on emerging chains.

However, over the past five years, the web3 wallet interface and user experience have seen little change, causing frustration for users who need to add, switch, and utilize multiple blockchain networks. The Rabby wallet aims to transform this experience by offering increased security, an improved multichain user interface, and other features designed to simplify DeFi usage and accelerate crypto mass adoption.

Developed by the same team behind DeBank – one of the largest SocialFi protocols – Rabby Wallet extension introduces several key improvements to its interface, including:

• Auto multichain switching: Rabby crypto wallet doesn’t require you to confirm network switches each time you use a cross-chain DEX. Instead, it automatically selects the corresponding chain for the site based on its database;
• Transaction parser: Drawing on the experience of developing DeBank’s transaction scanner, the Rabby crypto project has integrated an advanced parser that offers users a clearer understanding of the transactions they are signing;
• Risk scanner: Finally, using the same transaction parser, the Rabby Wallet app extension includes a built-in smart contract security scanner, enabling users to detect vulnerabilities and prevent wallet drains or other types of exploits.

Explore more info about the crypto wallet Rabby features in its blog post. 

🪙 Rabby wallet token: As of October 2024, the Rabby Wallet app has not made any explicit hints regarding the potential release of its token or a Rabby Wallet airdrop. However, our team speculates that if a token is introduced, its main utility will likely involve granting access to the platform's governance layer and serving as the primary currency for rewarding active community members with Rabby Wallet airdrops.

Furthermore, considering the ongoing second season of its point farming campaign and the recent experience with the WalletConnect airdrop, it’s quite possible that the protocol may release its token soon. If you don’t want to miss out on a potential Rabby token airdrop, it’s worth taking action now.

With this in mind, the CoinLaunch team conducted thorough research on the project to help you make a more informed decision about whether to participate in the Rabby token airdrop:
✅ Rabby Wallet pros: 

• Great concept and design of the product;
• Presence of multiple security audits from Slowmist;
• Above the average SMM, PR, SEO, Growth, and Influencer marketing scores;
• A diverse network of partners collaborating with the project;
• Rabby Wallet was developed by the same team as Debank.

❌ Rabby Wallet cons: 

• No tokenomics;
• No roadmap;
• Below the average Marketing Infrastructure score;
• No info about the backers;
• While the protocol claims it was developed by the same team as DeBank, the DeBank team itself does not appear to be entirely public.