About Fortmatic
Fortmatic is a digital wallet platform from Magic Labs that supports Ethereum-based applications. It provides secure wallet creation, easy access to decentralized applications, and user-friendly sign-in options so users can interact with the blockchain without complicated setups. Fortmatic allows users to manage their digital assets and connect with various dApps through a simple interface. Key capabilities: secure wallet creation access to dApps user-friendly sign-in asset management transaction history Best for: developers and users who need a straightforward solution for engaging with Ethereum applications.
Fortmatic, now rebranded as Magic, offers a refreshing solution for simplifying the user experience in the often-complicated world of Web3. Designed primarily for Ethereum-based decentralized applications (dApps), Magic aims to streamline the user onboarding process, especially for those unfamiliar with the intricacies of cryptocurrency wallets. One of its standout features is its **passwordless login** via email or phone number, which eliminates the need for users to manage seed phrases or install browser extensions, making the transition to blockchain technology far more accessible. This user-friendly approach significantly lowers the barrier to entry for newcomers, who might find the traditional methods of wallet setup intimidating. Instead of relying on MetaMask or other browser extensions, users can seamlessly log in and access dApps using familiar Web 2.0 methods, like email or phone authentication, which they encounter in their daily online activities. Another key feature that differentiates Magic from its competitors is its **mobile-first approach**. The platform supports **mobile web accessibility**, allowing users to interact with dApps directly on their smartphones without needing a specific wallet application.
Pros & Cons
- +No Browser Extensions Required: Users can access Ethereum apps without needing MetaMask or seed phrases.
- +Fast Integration: Works seamlessly with web3 applications, making it easy for developers to adopt.
- +Security-Compliant: SOC 2 Type 1 compliant with a non-custodial HSM architecture for enhanced safety.
- +Multi-Factor Authentication: Offers OTP codes, device-based 2FA, and recovery email options.
- +Improves User Conversion: Simplifies onboarding, reducing the steps required for new users.
- +Customizable UX: Allows apps to embed and tailor authentication without redirecting users.
- −Limited Blockchain Support: Primarily built for Ethereum-based applications.
- −Dependence on Centralized Infrastructure: While non-custodial, it may not align with fully decentralized wallet preferences.
- −Potential Web3 Adoption Barriers: Users accustomed to traditional wallets like MetaMask may be hesitant to switch.
- −Integration Dependency: Requires apps to integrate Magic's authentication system rather than relying on standard wallets.
Features
Key features
- Web2.0 Style Authentication
- Allows users to access Ethereum apps without browser extensions or seed phrases, offering a familiar Web 2.0 login experience.
- Mobile Web Accessibility
- Enables users to interact with dApps on mobile web browsers, expanding user reach beyond desktop users.
- Easy Integration (MetaMask Compatible)
- Can be integrated into existing web3 applications with minimal changes, acting as a better alternative to MetaMask.
- Security Compliant (SOC 2 Type 1)
- Adheres to SOC 2 Type 1 compliance standards with a non-custodial HSM architecture, ensuring a secure environment.
- Reduced Onboarding Steps
- Slashes user onboarding steps by up to 70%, leading to increased user conversion rates.
- Customizable and Embedded UX
- Offers full control over the user experience, allowing for customization and embedding directly within the application without redirecting users.
Additional features
- No browser extensions required
- Users can access dApps without installing browser extensions like MetaMask.
- No seed phrases
- Eliminates the need for users to manage and store seed phrases.
- Trusted compliant authentication standard
- Provides a secure and compliant authentication method.
- Integrated by leading blockchain companies
- Used by various prominent blockchain applications.
- Expand user funnel
- Increases the number of potential users for dApps.
- 65% mobile web interaction
- A significant portion of users access apps on mobile web.
- Integration in minutes
- Quick and easy to integrate into existing web3 apps.
- Better alternative to MetaMask
- Positions itself as a superior option to traditional web3 wallets.
- SOC 2 Type 1 compliant
- Meets SOC 2 Type 1 security standards.
- Non-custodial HSM architecture
- Employs a secure, non-custodial hardware security module architecture.
- Increase user conversion
- Improves the rate at which users start using the application.
- Slash user onboarding steps by 70%
- Significantly reduces the steps required for new users to get started.
- Familiar Web 2.0 experience
- Provides a login process similar to traditional web applications.
- Full control over UX
- Developers have complete control over the user interface.
- Customizable
- The authentication widget can be tailored to match the app's design.
- Embedded
- The authentication process occurs directly within the application.
- Doesn’t take users away from your app
- Users remain within the application during authentication.
- Multi-factor authentication
- Offers various security layers for user accounts.
- OTP code
- Supports one-time password codes for authentication.
- Device 2FA
- Allows users to enable two-factor authentication on their devices.
- Recovery email
- Provides a method for account recovery via email.
- Widget
- An out-of-box UI for quick implementation.
- Get Started
- A call to action for developers to begin using the platform.
- Documentation
- Provides technical documentation for integration.
- Security
- Highlights the security features of the platform.
- Partners
- Lists companies that have partnered with Fortmatic (now Magic).
- Pricing
- Information about the cost of using the platform.
- Support
- Offers customer support for developers.
Pricing
Monthly plans
Developer
USD 79
Growth
USD 327
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Fortmatic
White Label Crypto Wallet
White Label Crypto Wallet is a cryptocurrency management platform from Ekoios Technology that allows businesses…
VALR Crypto Exchange
VALR Crypto Exchange is a cryptocurrency trading platform from VALR that supports the buying, selling,…
Kotani Pay SMS Wallet
Kotani Pay SMS Wallet is a financial software from Kotani Pay that facilitates transactions without…
About Fortmatic
Fortmatic is a digital wallet platform from Magic Labs that supports Ethereum-based applications. It provides secure wallet creation, easy access to decentralized applications, and user-friendly sign-in options so users can interact with the blockchain without complicated setups. Fortmatic allows users to manage their digital assets and connect with various dApps through a simple interface. Key capabilities: secure wallet creation access to dApps user-friendly sign-in asset management transaction history Best for: developers and users who need a straightforward solution for engaging with Ethereum applications.
Fortmatic Details
Fortmatic's In-App Market Place
Does Fortmatic have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Developer
USD 79
Growth
USD 327
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD ($), CAD ($), CHF (CHF), CNY (¥), SEK (kr), NZD ($), KRW (₩), SGD ($), NOK (kr), MXN ($), INR (₹)
Pros & Cons
- No Browser Extensions Required: Users can access Ethereum apps without needing MetaMask or seed phrases.
- Fast Integration: Works seamlessly with web3 applications, making it easy for developers to adopt.
- Security-Compliant: SOC 2 Type 1 compliant with a non-custodial HSM architecture for enhanced safety.
- Multi-Factor Authentication: Offers OTP codes, device-based 2FA, and recovery email options.
- Improves User Conversion: Simplifies onboarding, reducing the steps required for new users.
- Customizable UX: Allows apps to embed and tailor authentication without redirecting users.
- Limited Blockchain Support: Primarily built for Ethereum-based applications.
- Dependence on Centralized Infrastructure: While non-custodial, it may not align with fully decentralized wallet preferences.
- Potential Web3 Adoption Barriers: Users accustomed to traditional wallets like MetaMask may be hesitant to switch.
- Integration Dependency: Requires apps to integrate Magic's authentication system rather than relying on standard wallets.
Fortmatic's Support Options
Email Address
contact@fortmatic.comDocumentation
https://docs.fortmatic.com/Fortmatic's Alternatives
White Label Crypto Wallet
White Label Crypto Wallet is a cryptocurrency management platform from Ekoios Technology that allows businesses…
VALR Crypto Exchange
VALR Crypto Exchange is a cryptocurrency trading platform from VALR that supports the buying, selling,…
Kotani Pay SMS Wallet
Kotani Pay SMS Wallet is a financial software from Kotani Pay that facilitates transactions without…
