Wallets 3.0: How will the next generation of web3 wallets look like?

Wallets have evolved from supporting EOAs to Smart Accounts, with a core focus on improving UX and functionality. Now, with the advent of AI and the pronounced need for social interactions in decentralized applications, wallets must evolve to natively embed personhood and social graphs for mass to provide each user with a personalized experience. This is the next step towards achieving adoption.

Wallets are a critical piece of infrastructure that act as the gateway to blockchains. The first generation was MetaMask that enabled EOAs and allowed users to create self-custodial addresses and interact with the chain.

However, the basic flow was quiet deterring to the average user and hence the second-generation or Smart Accounts started being developed, with a heavy focus on user-experience and support of dynamic functionality.

Now, we are seeing a shift again. With the advent of AI and the integration of social aspects in each application, wallets need to adapt and reform themselves to keep up with the technological advances.

In this talk, we will explore how the third evolution of wallets (Smart Profiles) should look like and how there is an urgent need to embed personhood within the wallets - leading to mass onboarding and hyper-personalization of user experiences