On 11 March 2025, Kody, Chief Experience Officer at Layer One X, hosted Episode 29 of Xtalks, diving into the future of crypto wallets. Joined by panelists Thor (Zivo), Coco (Army of Fortune Metaverse), Nick (Flickplay), and Julian (Masma), with community leads Joe and Ina, the group explored how wallets can evolve to drive Web 3 adoption. Here’s the highlight reel.
Do We Need Wallets as We Know Them?
Kody kicked off with a bold question: Are traditional wallets obsolete in Web 3? Thor shared a personal fumble—losing a seed phrase word—highlighting how clunky setups block mass adoption. Julian argued wallets are a bottleneck, citing CZ’s view that no wallet, not even Binance’s, nails user experience. Masma’s seedless, email-based wallet skips phrases entirely, using MFA for security. Nick emphasized balancing Web 2 convenience with Web 3 self-custody, like Flickplay’s custodial-to-EVM wallet transfers. The consensus? Wallets must simplify without sacrificing security, or they’ll stay a barrier.
What’s Missing for Indispensable Wallets?
Coco zeroed in on mobile friction—wallets need an Apple Pay-like seamlessness, not app-hopping or browser blocks. Thor pushed for unified digital IDs across chains, vital as AI blurs real and fake content. Julian noted MetaMask’s focus on security over innovation, stifling UX leaps. He revealed Masma’s alpha: free smart contract wallets minted only on first use, slashing onboarding costs. Kody shared Layer One X’s vision—a backend wallet for projects, cutting Chrome extension pop-ups for a fluid experience.
Adoption Across Platforms
Kody asked if embedding wallets in TVs, cars, or Vision Pros boosts adoption. Nick, fresh off Flickplay’s Bratz launch, said platform reach trumps wallet presence—90% of users prioritize fun over custody. Julian polled wallets used: MetaMask, Phantom, Xverse, and ledgers dominated, driven by chain-specific needs, not loyalty. Fragmentation frustrates—Coco juggles Zerion for EVM, others for Solana, craving a unified view without shared keys.
Cold vs. Hot Wallets
Community member Fur asked: Why not one wallet? Julian teased Masma’s upcoming insurance for self-custody hacks, easing hot wallet fears. Coco admitted cold wallets (like Ledger) are slow for fast trades, forcing risky hot wallet bets. Kody unveiled Layer One X’s moat—a single wallet tied to usernames, controlling data and access, merging security with ease.
Dream Wallet Loading Screen
For fun, Kody asked for a wallet loading screen message. Julian quipped, “Practice financial responsibility or get dunked on by King Julian!” Coco suggested a grim UK cigarette-pack vibe: “Not for the faint-hearted—you could lose it all.” Nick proposed, “Don’t be a dumbass,” riffing on Lady of Crypto. Laughter sealed the vibe.
Takeaway
The panel agreed: Wallets need a revolution—frictionless, mobile-first, and smart, with security that doesn’t scare users off. Layer One X’s interoperable, grandma-friendly wallet and innovation hint at what’s next.
