Project Description:
Rainbow has two core products: RainbowKit and Rainbow Wallet (mobile), with more in development :shushing_face:
Rainbow Wallet is the most fun, simple, & secure way to explore Web3, NFTs, & Ethereum.
RainbowKit is the best way for users to connect their wallet. It’s designed for everyone and built for developers. It was released to the community as a public good in 2022. Since its release in February 2022, RainbowKit has been downloaded almost a quarter of a million times, and integrated by countless Web3 and DeFi DApps across EVM chains.
Across all our efforts, Rainbow aims to make the Ethereum ecosystem fun and accessible for all users through unparalleled user-experience design and deep understanding of DeFi and Web3. This includes open-sourcing our products and building public goods.
Our Approach to L2s:
In early 2019, while deeply embedded in the DeFi community, Rainbow became the first wallet to not only support NFTs, but also treat them as first class citizens. At the time the crypto community largely didn’t understand this move, but Rainbow saw the cultural potential of NFTs and Web3 beyond DeFi. Rainbow viewed NFT adoption as somewhat of a chicken and egg issue: As long as there was no great interface to showcase and interact with one’s NFTs, most users would fail to see their value.
We see the same issue with L2 adoption. Who will build the tools necessary for scaling Ethereum without the demand? It’s our belief that mass adoption of L2s will not be possible until L2s are fully empowered and easily accessible from the consumer’s primary touchpoint, their wallet.Rainbow already offers complete feature parity for L2s as it does for mainnet. This means Optimism and other L2 users enjoy the same great experience as Mainnet Ethereum users:
L2 tokens and NFTs are displayed in-line with Mainnet assets
Users can swap between nearly any token on our supported networks without leaving the app
Soon Rainbow will integrate seamless bridging and cross-chain swaps to make traversing Mainnet and L2s frictionless. For our users it is all one unified Ethereum ecosystem.
We have also already teamed up with Optimism for promotions related to NFT launches and offered special features to L2 users in-app.
Rainbow is one of the best user experiences for Optimism available today. We want to incentive more people to try using OP. We believe that the inherent benefits of the network combined with our exceptional user experience will keep people in the Optimism ecosystem for the long term!
Current Highlight Features:
In-app swaps - Rainbow’s custom router contract aggregates all of the most trusted liquidity sources (0x, 1inch, etc) to let users swap tokens on Optimism, Ethereum, Arbitrum, and Polygon networks at the best exchange price. More tokens & exchanges are added each day.
Best in class NFT showcasing and support - Rainbow supports all media formats for NFTs on Optimism, Ethereum, Arbitrum and Polygon. Rainbow also supports POAPs currently on Gnosis Chain.
Intuitive crypto portfolio - Rainbow automatically discovers Optimism tokens, portfolio value, and has native Optimism support built in without any extra settings or additional effort for the end user.
RainbowKit - provides a fast, easy and highly customizable way for developers to add a great wallet experience to their application. We handle the hard stuff so developers and teams can focus on building amazing products and communities for their users.
Add Cash - Fiat on-ramp to Ethereum Mainnet
ENS profiles - Claim ENS handles, extend ENS registrations, and customize your ENS profile all in Rainbow. We also support sending to ENS addresses on all networks available in Rainbow.