CoinMarketCap has announced the selection of Vultisig as an incubatee of its new CMC Labs accelerator program.
CMC Labs has selected Vultisig in its CMC Labs Accelerator Program as an Incubatee.This partnership will accelerate Vultisigs access to strategic resources and an experienced Crypto Community to get feedback while further enhancing a new wallet standard every day, which Vultisig is aiming for. This collaboration marks a significant step in fostering innovation and growth within the cryptocurrency ecosystem.
Vultisig is the first self-custodial, native multi-signature wallet that uses a novel Threshold Signature Scheme from the field of Multi Party Computation, which enables an equally novel approach to asset management. By using the TSS technology, Vultisig has managed to get rid of the seed phrases that prevented many ordinary users from using cryptocurrencies and where many veterans lost access to their funds. In addition, it enables the possibility of having a wallet that is natively a multi-device application with built-in multi-factor authentication to improve security to a standard not seen in multi-chain or multi-sig wallets to date.
Vultisig is just a safe wallet with built-in multi-factor authentication. Users log into their gmail, bank account with multi-factor or 2FA. So logically users should also log into their crypto wallet with 2-Factor. That way, if a hacker gets access to a device, users won't lose any money. Vultisig aims to be a wallet for everyone.
Vultisig has a new approach of being completely built in public and always open to feedback from the community. Fostering trust and feedback from the community to build the new wallet standard to make storing assets safer than ever.
“With this strategic partnership between CoinMarketCap and Vultisig, a larger audience and feedback can be reached to have a wallet that fits everyone's needs. Improve security and ease of use across the industry.” - John-Paul Thorbjornsen, CEO of Vultisig.
"We are thrilled to welcome Vultisig as an incubatee of CMC Labs, our Web3 accelerator program. Vultisig is expanding the wallet space with its innovative self-custodial, multi-signature technology, making crypto management more secure and user-friendly. We look forward to collaborating closely with the Vultisig team to help them reach new heights." - Rush, CEO of CoinMarketCap.
With the support of CoinMarketCap’s CMC Labs, Vultisig aims to be the new wallet standard of managing cryptocurrencies and the future of finance.
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