4. Our choice for NFC-only connectivity
6. Bill of materials (BOM) & supply chain
7. Manufacturing partners (ODM)
8. Roadmap - An ecosystem of software and hardware
10. Software recurring revenue streams
11. Competitive threats & product moat
For the last 10 years, securing your assets meant choosing between risky crypto exchanges or stressful hardware wallets. While crypto exchanges offer convenience, they are prone to hacks and operational risks. Hardware wallets address these issues by storing your private keys offline, but their backup seed phrase (24 words on a piece of paper) is stressful and insecure.
Consequently, 516 million people own crypto, but only 2% have self-custody. Over US$3.5 Billion have been lost due to misplaced recovery phrases and over US$19.2 Billion have been hacked or scammed on crypto exchanges.