Expanding asset boundaries, connecting security and convenience—AScoin Wallet unlocks access to the exchange gateway
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Expanding asset boundaries, connecting security and convenience—AScoin Wallet unlocks access to the exchange gateway
AScoin Wallet airdrop is ongoing—the longer you use it, the greater the airdrop amount you receive.
Navigating Web3 tides with focused insightsAuthor: Vicky, Foresight News
Amid the rise of Web3, the crypto wallet sector is undergoing a profound transformation. Initially, their role was simple and clear—serving as a secure place to store users' private keys, like a digital safe ensuring the security of users' assets. However, limitations in profitability and product development soon became evident. Relying solely on user base growth and fund storage functionality resulted in suboptimal product value creation.
AScoin Wallet recognized this issue and decided to break convention by introducing value-added services to open new growth channels. Evolving from offering self-custody wallets and instant exchange features to asset aggregation, exchanges, wealth management, and chat functionalities, AScoin Wallet has transformed into a multifunctional platform designed to meet diverse user needs while creating greater opportunities for its own development.
Web3 Aggregated Multi-Chain Wallet AScoin Wallet: Breaking Barriers from On-Chain Wallets to Exchanges
Overview of AScoin Wallet
AScoin Wallet is a Web3 aggregated multi-chain wallet dedicated to building the optimal gateway from on-chain wallets to exchanges. It integrates multiple functions including self-custody wallets, market data and instant swaps, exchange capabilities, wealth management, chat, BRC20/DApp marketplace, and more.
From an asset perspective, AScoin Wallet serves as a Web3.0 crypto transaction management aggregator—a bridge transporting billions of users from Web2.0 to Web3.0. AScoin Wallet is not merely a simple wallet but a platform realizing large-scale adoption of multifunctional digital wallets in Web3.0.
As various large-scale applications gradually emerge in the crypto market, AScoin Wallet has evolved into a rich, composite wallet product through continuous transformation and development. It now encompasses a complete ecosystem across multiple sectors including DEX, CEX, Web3.0, auditing, PR, public chains, payments, GameFi, DeFi, and more, functioning also as an aggregated transaction asset management platform.
Source:Twitter
The evolution of AScoin Wallet demonstrates innovation and diversity within the wallet industry, providing users with more choices and convenience. By striving to eliminate barriers for users entering exchanges, it delivers a one-stop trading and asset management experience. As AScoin Wallet continues expanding its ecosystem and functionalities, it is poised to play an increasingly important role in Web3.0, bringing further innovation and convenience to users.
Development Journey: Maintaining Insight into Market Dynamics and Trending Topics
Since its founding in 2020 (originally named Assure Wallet), AScoin Wallet has undergone over three years of development and refinement. With its stable and reliable products, along with innovative approaches to asset management and trading, it successfully transitioned from an initial startup phase as a Binance broker into a fully functional comprehensive wallet.
As previously reported by Foresight News in "Unlocking Social Potential, Breaking Through the Wallet Race: AScoin Opens the Gateway for Users to Enter Exchanges," AScoin Wallet has become a comprehensive Web3 wallet platform integrating aggregation, trading, cross-platform operations, and chat functionalities. In this rapidly advancing market landscape, it plays the role of a Web3 gateway, meeting users’ diverse needs in the cryptocurrency domain.
AScoin Wallet's sustained progress to date stems from its solid product foundation and continuous innovation in asset management and transaction methods. By maintaining sharp insight into market dynamics and trending topics, AScoin Wallet continuously adapts to market demands and provides high-quality services. It offers users a secure, convenient, and feature-rich integrated wallet platform, contributing fresh momentum to the advancement of the Web3 world.
Prioritizing Security: Building a High-Security Asset Management Platform
In the field of crypto asset management, security remains the core concern for users. Fully aware of this, AScoin Wallet consistently prioritizes security throughout its iterative updates, implementing stringent security measures at every level—from technology to service—to safeguard user funds.
Technically, AScoin Wallet leverages multi-signature, self-hosted transactions, and delayed execution mechanisms to provide comprehensive protection for user assets. The platform’s security team continuously monitors potential threats, ensuring defensive measures are promptly updated to counter emerging attacks.
Additionally, AScoin Wallet provides a series of user education resources to help users understand how to securely manage their assets, reinforcing individual security awareness while delivering efficient and convenient services. AScoin Wallet treats product security as key to earning user trust and satisfaction, committing to maintain high-level security protections and striving to build a safe and reliable digital asset management platform.
Multi-Signature Technology
Administrative privileges are required to operate the AScoin Wallet protocol contract, involving upgrades and configurations. AScoin Wallet employs multi-signature technology, requiring authorization via multiple private keys before any asset transfer can occur.
At the mechanism level, AScoin Wallet imposes restrictions on data within the wallet contract. Specifically, there is a cap on daily cross-chain data transmission volume. This design ensures data security at the protocol layer, limiting the amount of locked data in the DWallet protocol and thereby reducing the risk of hacker attacks.
Technically, AScoin Wallet uses multi-signature verification for each data stream while ensuring smooth cross-chain data transaction experiences. This significantly enhances the security of the digital wallet.
In terms of consensus, AScoin Wallet supports signatures from multiple validators—a form of risk control since adding more administrators is the only effective way to prevent misconduct by a single manager. Leveraging the DRAND consensus random algorithm, AScoin Wallet selects a primary validator for each transaction, who then collects signatures from other validators, improving validation efficiency. For additional security, signatures collected by the primary validator undergo re-signing and secondary verification, minimizing risks associated with potential misbehavior by the primary validator.
Currently, over 90% of digital asset trading terminals use standard wallet addresses for management. Utilizing multi-signature wallets would greatly enhance wallet security.
Self-Hosted Transactions
AScoin is a non-custodial wallet—that is, a decentralized crypto wallet—meaning only users control their private keys and seed phrases. Assets are recorded on-chain, giving users full control over their crypto holdings without interference from intermediary institutions. Non-custodial wallets offer higher security, often faster transaction speeds, and lower transaction costs.
Users must therefore properly safeguard their private keys and seed phrases. Additionally, non-custodial wallets are required when interacting with decentralized applications (DApps).
Regarding on-chain transaction behavior, smart contract designs ensure self-management of settlements—transactions either settle automatically upon meeting conditions or fail, with user assets always remaining under their control within the wallet.
Delayed Execution
For operations related to user assets, the contract implements time-lock features that delay effectiveness, preventing unintended immediate execution and allowing administrators to make corrections during the delay period.
Audits—Certik & SlowMist
Before the official launch of the AScoin Wallet mainnet, professional security teams conduct comprehensive audits. After mainnet deployment, ongoing security audits continue based on deployed smart contracts. Furthermore, prior to each contract upgrade, submissions are reviewed by third-party nodes. Currently, AScoin Wallet has passed security audits conducted by both Certik and SlowMist.
Source:GitHub
Key Features of AScoin Wallet
Creating the Optimal Gateway for On-Chain Users to Access Exchanges
AScoin Wallet seamlessly connects with exchanges such as Binance and MEXC, and is currently integrating OKX, aiming to create the best pathway for on-chain users to access exchanges. Instead of downloading individual exchange apps and undergoing separate identity verifications, users need only one AScoin Wallet address—no phone number or email required—to create exchange accounts and quickly deposit and trade.
As an official Binance broker, AScoin Wallet accesses Binance via API, sharing trading data and market depth to deliver Binance market services to users. To date, trading volume through AScoin Wallet exceeds $1 billion (within 30 days), with cumulative trading volume surpassing $30 billion.
1. Generate DID using blockchain addresses to participate in Binance market trading, fully protecting personal privacy;
2. One-click local wallet deposits and withdrawals for enhanced trading convenience;
3. Transaction fee rewards with built-in incentive mechanisms;
4. Offers additional customized trading services including strategy trading and copy trading.
Official Binance Broker
AScoin Wallet is an official Binance broker, enabling one-click access to Binance markets through AScoin, facilitating seamless trading between DEX and CEX environments.
The AScoin Binance broker account utilizes Binance’s master-subaccount system: the master account resides under Binance’s custody, while all trading accounts created through AScoin are subaccounts under this master account. Thus, user funds within the AScoin Binance broker system are held by Binance itself, maximizing user fund security.
Social Chat
In 2016, the AScoin team launched "Hole," an encrypted chat application, marking its entry into the encrypted messaging space.
The team's accumulated expertise in social chat development has been a valuable asset. After shifting focus to wallet development in 2020, they integrated this technical knowledge and experience into the wallet, creating a decentralized social chat ecosystem using blockchain addresses as DIDs, offering users a solution beyond anonymous social interactions.
In early 2022, the "Web3 Anonymous Social Chat 1.0 Ecosystem" was officially launched, featuring core functionalities such as anonymous chatting, peer-to-peer transfers, and group red packets.
Source:Medium
AScoin’s social chat function, built upon Signal, creates a decentralized anonymous chat system using blockchain addresses as DIDs—an essential module within AScoin.
Features of AScoin Social Chat:
1. No registration via email or phone number required—only a blockchain address. Using blockchain addresses as identity IDs replaces traditional Web2 registration methods; private keys serve as the sole entry point for social chat;
2. Supports communities with over 100,000 concurrent users. Built on secure Signal protocols with end-to-end encryption, core chat data is encrypted and stored locally on users’ devices, fully protecting personal privacy and meeting encrypted communication needs;
3. Enables value exchange between addresses through chat and red packet features, fulfilling social interaction requirements;
4. Expands into broader social scenarios such as group admins, pinned chats, group management, mute modes, etc., catering to the social needs of the crypto industry.
Red Packet Functionality
AScoin Wallet strengthens interoperability between on-chain functions and chat accounts, allowing users to directly use blockchain addresses for chatting, transferring, and sending red packets—enriching on-chain entertainment scenarios.
For example, when users open the “Chat” module and enter a friend or group chat interface, they can use the red packet feature. Currently, AScoin Wallet supports red packets in USDT, USDC, ETH, BNB, and other digital assets. Payment options include BNB Chain, Ethereum, TRON, or cloud wallet.
When a red packet is sent in a chat or group, users simply click to claim it. The received amount is deposited into the cloud wallet, where users can later withdraw funds.
This design allows users to enjoy chatting while effortlessly managing and utilizing their digital assets.
Comprehensive Feature Integration
AScoin Wallet currently integrates multiple features including TRX energy leasing, market data/instant swaps, BRC20 inscriptions (supported by OKX), DApps, CeFi & DeFi Earn, among others.
From a public chain perspective, AScoin Wallet supports major blockchains and assets including BTC, Ethereum, BNB Chain, TRON, HECO, OKX, Solana, Polkadot, Cardano, Filecoin, Arbitrum, Optimistic, Aptos, Polygon, and more.
Moreover, Assure is actively developing additional cross-chain underlying protocols aimed at supporting storage and trading of digital assets (DeFi and NFTs), DApps, and Meta-related applications across popular public chains, further enhancing Web3.0 infrastructure.
Token Economics
$SURE is the utility token powering the AScoin Wallet ecosystem, operating on both Ethereum (ERC20) and BNB Chain (BEP20).
An initial supply of 1 billion SURE tokens was issued entirely on the BNB Chain. Additional issuance may occur by bridging portions of SURE from BNB Chain to Ethereum, achieving multi-chain distribution as needed.
Release Schedule
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Mining Pool: 0% released at TGE.
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Marketing: 3-year vesting, 30% at TGE, 6-month cliff, linear unlock starting month 7.
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Treasury: 3-year vesting, 10% at TGE, 12-month cliff, linear unlock starting year 2.
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Airdrop: 1-year vesting, 10% at TGE, remainder unlocked based on activity.
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Public Sale: 100% at TGE, details pending.
Use Cases
Future use cases for the $SURE token will include IDO project allocations, exchanging for veSURE to participate in platform dividends, governance participation, VIP benefits, mining incentives, and more—providing diverse utility across the ecosystem.
Ongoing Airdrop
AScoin Wallet has opened eligibility checks and claims for its first batch of airdrops. Users can visit the official website or download the AScoin app to check and claim their airdrop. Over 20,000 early wallet users are expected to qualify. The inquiry period runs from February 2, 12:00 Beijing Time to February 4, 12:00 Beijing Time, with the first claiming window from February 5, 12:00 to February 7, 12:00.
The airdrop targets AScoin Wallet users, with potential retroactive rewards—the longer and more frequently users have engaged, the larger the airdrop allocation. Future use of wealth management and Binance market features may also yield SURE mining rewards.
Conclusion
Although the Web3 narrative continues to evolve, with new developers and users joining the transformation, its current user base remains negligible—especially when compared to the global internet user population exceeding 4 billion. Taking monthly active users of mainstream on-chain wallets like MetaMask as an example, their numbers appear insignificant against giants like Facebook, highlighting not only the small proportion of digital asset wallet users today but also the vast growth potential ahead.
For AScoin Wallet, the Web3 digital world holds immense untapped potential among billions of prospective users. In this ever-expanding domain, wallets capable of attracting and retaining mainstream users will gain a strategic advantage in the fiercely competitive future. As more users begin to understand and engage with the Web3 world, those offering intuitive, secure, and multifunctional services may well become pivotal forces shaping what comes next.
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