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Opera's Built-In Crypto Wallets Have 170K Monthly Active Users

The Norwegian browser maker has disclosed its crypto wallet user numbers for the first time.

Updated May 9, 2023, 3:10 a.m. Published Jul 24, 2020, 8:00 a.m.
The longstanding Norwegian browser company has been on a recent crypto streak. (Danny Nelson/CoinDesk)
The longstanding Norwegian browser company has been on a recent crypto streak. (Danny Nelson/CoinDesk)

Opera’s web browser is slowly amassing a following among those advocating for a decentralized internet, with 170,000 users now engaging with its built-in Ethereum, Tron and Bitcoin wallets every month.

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  • Announcing crypto wallet usage numbers for the first time Friday, the longstanding Norwegian browser company gave some context to its two years-long courting of the Web 3, decentralized application (dapp) and distributed computing communities.
  • While the firm would not provide a breakdown of the numbers by blockchain network, Charles Hamel, head of crypto at Opera, said Ethereum is "by far the most popular."
  • While the wallet engagement figures pale in comparison to Opera’s total monthly active user-base (about 360 million) they’re not quite as far off from similar web-wallet products. MetaMask, a wallet browser extension provider, measured 192,000 monthly active users in May 2019.
  • Opera worked on Friday to woo yet more wallet users by announcing that decentralized application clearinghouse Dapp.com will now power its Web 3 app store.
  • U.K. users will now also be able to access the crypto top-up feature that Opera had previously rolled out in the U.S. and European markets. Fiat-to-crypto bridge company Ramp Instant will provide the U.K. service, Opera said.

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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