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Every Connection in 2023: imToken Releases its 8th Annual Report

SINGAPORE, Jan. 10, 2024 /PRNewswire/ — In 2023, the crypto market experienced notable changes, beginning with a quiet period for DeFi and NFTs, and ending with a resurgence of interest in Bitcoin ETFs, revitalizing the Bitcoin narrative. The year underscored the industry’s dynamic and complex nature with its fluctuations.

In the ever-changing crypto landscape, imToken, alongside its counterparts, adeptly maneuvered through complexities. Its mission revolves around providing equal access to the tokenized world by enhancing the connection between users and the blockchain. In 2023, imToken prioritized strengthening connections for users engaging with networks, DApps, and asset management.

imToken 2023 Annual Report
imToken 2023 Annual Report

Secure and Seamless Wallet Connections

This year, imToken significantly enhanced its capability to connect with various wallet types, striking a balance between security and convenience. 

  • Extension Wallet: Leveraging imToken as a cold wallet, users can connect with wallets like MetaMask and Rabby, ensuring the safe offline storage of private keys while facilitating convenient DApp exploration on laptops.
  • Hardware Wallet: The synergy between hardware wallets (i.e.: Keystone, imKey etc.) and imToken has been a game-changer, providing a dual layer of security for digital assets. This integration has streamlined multi-chain asset management and smoothed out transaction processes.

Embracing More DApps and Networks

imToken now supports more Layer 2s and EVM chains, including zkSync Era, Base, Linea, PlatON, Scroll, opBNB, Mantle, X1, Taiko, Metis and others. This expansion comes with improved DApp user experience and reinforced security during the signing process, enabling users to engage seamlessly and securely with a wider range of applications, such as Lido, Rocket Pool, PoolTogether, DODO and others.

Ensuring Secure Connections and Asset Protection

This year, imToken introduced the “You Sign What You See” feature, improving transparency and security during the signing process. The upgraded risk control systems prevented over 4,600 potential asset loss incidents and addressed 18 new types of scams. Additionally, they successfully tackled more than 10,000 instances of counterfeit apps and fraudulent websites with a proactive approach.

Engaging with the Community

On their 7th anniversary, they actively gathered feedback from the community, incorporating 7 top-priority features chosen from 80,000 user votes.

Throughout the year,  imToken organized 24 Meetups and AMAs, delving into diverse topics like Layer 2s, Ethereum upgrades, Staking, NFTs, DEXs, and more, sharing insights and engaging in dialogues with users.

Empowering Ecosystem Growth

At major industry events like Hong Kong Web3 Festival, Ethereum Singapore, TOKEN2049, ETHKL, etc., they engaged with blockchain enthusiasts, shared vital industry insights, and explored critical topics such as next-generation Web3 wallet, product frameworks, MEV, stablecoins, and cryptocurrency payments.

Looking Ahead to 2024

imToken is gearing up for a groundbreaking year as they aim to revolutionize the cryptocurrency wallet management experience, ensuring greater accessibility for users. 

The forthcoming introduction of imToken Card will effortlessly combine on-chain data with daily payments, and they are enthusiastic about embarking on the journey of on-chain data together.

Click to view the full version of imToken 2023 Annual Report.

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