New Cardano (ADA) Wallet Lace Launched by Input Output Global (IOG), Developer Team Promises Slew of Updates

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Blockchain creator Input Output Global (IOG) just unveiled Lace, Cardano’s (ADA) first light wallet that enables users to send and receive ADA, crypto and non-fungible tokens (NFTs).

The developer team says the first version of the wallet dubbed Lace 1.0 is already live on the mainnet and can now be installed as a browser extension to Google Chrome.

“We’re delighted to announce the launch of Lace 1.0, the initial mainnet release of the very first light wallet platform from Input Output Global (IOG). 

Now, after months of testing, refining, and listening to feedback from our community, our Web3 platform is ready to go – and we couldn’t be more excited!”

Lace supports hardware wallet integration and access to NFT marketplaces, decentralized apps (DApps) and decentralized finance (DeFi) services. Users can also stake ADA directly from the platform.

“You can stake your ADA to contribute to the security of the Cardano network and receive rewards for your participation, and you can even send multiple assets to different addresses in one transaction – with one transaction fee – thanks to the new bundle transaction feature.”

The developers say they are already working on new features that will be added to future releases as they promise to give Lace a slew of regular updates and enhancements.

“The Lace team is already hard at work developing a DApp Store, a desktop app and digital identity solutions. Meanwhile, fiat on/off ramps, in-wallet swaps, a richer staking experience with multi-delegation, and a portfolio view are all in the pipeline.”

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The post New Cardano (ADA) Wallet Lace Launched by Input Output Global (IOG), Developer Team Promises Slew of Updates appeared first on The Daily Hodl.

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