Web3.0, which is visioned to be the future of the internet, has gotten more attention in recent times and has attracted so many individuals into the blockchain industry. In simple terms, web3.0 is a decentralized internet that leverages the power of blockchain, cryptocurrency and NFTs to restore data ownership to users’ hands.
Previously, centralization and manipulation of users’ data were very common. These are some aspects of the web that web3.0 aims to change and make better to reward creators. It has also gotten a lot of individuals wondering how best to tap into the potential it offers, and many are confused about how they can begin their journey to Web3.0. These and many more are some of the questions CLV answers.
The CLV Ecosystem
CLV, which stands for Connectivity, Legible, Versatile, is a one-stop infrastructure platform for cross-chain and decentralized applications. It comprises the CLV chain, a Substrate-based specialized Layer-1 chain that is EVM compatible, cross-chain interoperable, and also functions as a Parachain in the Polkadot ecosystem.
On the other hand of CLV, we have the CLV wallet, which is a cross-chain all-in-one wallet for Day-to-Day, DeFi, Metaverse and Gaming purposes. With several products that improve the experience for ordinary users, such as CLV Multi-Chain Wallets, CLV dApp Interaction Protocol, CLV Chain EVM and Universal Cross-Chain Support, CLV has uniquely positioned itself as a “Passport to the Omniverse.”
Value Proposition Of CLV For Web3.0 Entry
CLV has the following features which make it efficient for web 3.0.
Gas-fee Redistribution
A vibrant developer community is sure on CLV as it incentivizes dApp builders by automatically sharing a percentage of the transaction fees with them, thus fostering an innovative DeFi ecosystem that supports Web3 on CLV.
Built on Substrate
CLV is built on Substrate, which allows it to leverage the extensive functionalities that it provides as there will be no need to build dApps from scratch. Its functionalities include peer-to-peer networking, consensus mechanisms, governance functionality, EVM implementation, and more.
About CLV Wallet
CLV wallet, available on mobile (Android/iOS), desktop (Chrome Extension), and universally on the Web, enables users to connect with EVM-based dApps simultaneously, PolkadotJs-based dApps, Solana dApps, Tron dApps at the same time without having to switch networks! Users can seamlessly send, receive, wrap and unwrap cross-chain assets across Ethereum and Polkadot trustlessly.
Not only that, but it also supports NFT assets on Ethereum, BSC, Solana, Fantom, etc. The CLV wallet is designed to expose users to the web3.0 and metaverse world.
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