Fort Knox Wallet
A new generation of smart wallet
The Fort Knox Wallet is a new generation of crypto wallets that offers a wide range of functionalities that are not available in the first generation of crypto wallets.
The first generation crypto wallets (for example, MetaMask, TrustWallet, etc.) are allowing their users to see their balance, send and receive funds, and interact with dApps.
These functionalities while necessary and useful are just the bare bone minimum one can expect from a crypto wallet. For example, many of these wallets are lacking when it comes to security. How many horror stories have you heard about Holders that lost their entire portfolio to a hacker?
The sad thing is there is no chance of getting funds back.
Fortnox Wallet Features
Let us share with you some of the cool features of Fort Knox Wallet which are enabled through a smart contract.
1. Protecting HODLers
A long term holders (like myself) rarely trade. We often buy the dips and even when we want to sell, we never sell all our Bitcoin or Ethereum. But since the coins are sitting in our wallet, we always have the risk of loosing our coins to hackers.
The Fort Knox smart wallet gives you new options to HODL your coin. You can lock your token for a predefined period of time and specify when and which wallet can withdraw the coins. You can for example lock your tokens one month at time and decide if you want to hold for another month!
2. Vesting
Many crypto projects require vesting for investors and project team. The vesting means that tokens will be locked in a smart contract and will be released according to a release schedule.
For example, this is the vesting schedule of the UNI token from UniSwap. The tokens are gradually released to the community, team, investors and advisors.
The Fort Knox wallet will provide user friendly and secure way for projects to vest their tokens.
3. LP locking
Almost every new project start by listing their tokens first on decenteralized exchanges (DEX) such as UniSwap, SushiSwap, or PancakeSwap. When a project provides liquidity on a DEX, they get a liquidity provider (LP) token.
It is a good practice that liquidity provider tokens are locked in a LP locking service. This is yet another service that Fort Knox wallet planning to provide.
Roadmap
TBW
Tokenomics
TBW
