Consensys Gobbles Up Web3Auth in Bid to Fix MetaMask’s Onboarding Nightmare
Consensys just made a power move—snagging Web3Auth to streamline MetaMask’s clunky sign-up process. Because nothing says ’decentralized future’ like needing a PhD to create a wallet.
The acquisition targets Web3Auth’s slick, non-custodial auth tech—think social logins and multi-factor without the centralized baggage. Finally, normies might stand a chance.
Will it work? Who knows. But after spending millions on this fix, Consensys clearly hopes users will stop rage-quitting before they even buy their first shitcoin.