04.04.2022

Launching Fayre Wallet - The smoothest way into Web3

Launching Fayre Wallet - The smoothest way into Web3

Fayre is on a Mission to fulfil the promise of Web3 for Brands & Fans.

To achieve this, we set out to make interacting with Web3 and NFTs radically simpler, whilst still preserving the security. To reach the next 10 Million Users, Web3 needs to be so easy your Mum can do it.

Web 3 interactions are generally done through a 'Wallet' such as MetaMask. Your Mum can visit websites, receive emails and install Smartphone Apps but the point you send her to MetaMask.io is the end of the road! 🤯

So, what is a 'Wallet'?

Before making any purchases on Fayre, users must create a 'Wallet' to hold funds and NFTs.

You can sign up to fayre.com by either connecting a Metamask wallet or, if you are new to the Web3 space, just sign up with your email address. If you have signed up with your email address, Fayre will automatically create a 'non-custodial' wallet for you.

Important Information: Make sure you sign up with your primary email address. If you lose access to your email address for any reason, Fayre will not be able to access your NFTs or funds held in your wallet.

What does it mean to be a ‘non-custodial’ wallet?

A non-custodial wallet is a unique and encrypted wallet that allows you to hold cryptocurrencies and digital assets such as non-fungible tokens (NFTs).

You solely control a non-custodial wallet as a user; this means that no one other than you can access your funds or assets. Fayre cannot access your wallet. If you lose access to your wallet, Fayre will have no way of accessing your NFTs or funds.

In the future, we will allow you to link multiple wallets together in your single Fayre account but this needs to be done carefully to preserve your security so we’re taking our time and for now, you can add as many wallets as you like but they will be kept distinct and have an Account page per Wallet.

Let us know if you have any feedback or questions on the fayre wallet, we love to hear from all our customers.

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