The End of Chain Complexity: The Okto Testnet is LIVE!

Introducing Okto’s Complete Chain Abstraction Platform – One of the Most Powerful Solutions Now Live on Testnet

Web3 is at a crossroads. The promise of a decentralized internet, once brimming with potential, is increasingly overshadowed by a fractured user experience. Users find themselves grappling with chain-specific wallets, navigating bridging protocols just to transfer assets, and struggling to decipher the complexities of each blockchain. This reality sharply contrasts with the seamless, intuitive web we all desire.

But what if it didn’t have to be this way? What if Web3 could be as effortless as Web2, without sacrificing its core tenets of decentralization and user empowerment?

Today, Okto takes a giant leap in that very direction.

We are thrilled to announce the launch of the Okto Platform Testnet – the world’s most powerful end-to-end chain abstraction solution, now LIVE (on Testnet) and ready for your exploration!

This isn’t just another testnet; it’s the unveiling of a groundbreaking platform meticulously engineered to eliminate chain complexity and unlock the true potential of Web3 for everyone.

Stats That Speak Volume

Okto is not just launching; we are building on a foundation of proven success. The Okto wallet, powered by the comprehensive features of the Okto platform, has already reached impressive milestones, signaling the transformative potential of our chain abstraction vision.

• 12 Million+ Wallets Enabled

• 50+ Protocols Integrated & Growing

• 20+ EVM and Alt-VM Chains Supported

• $1 Billion+ Monthly Recurring Revenue (MRR)

Now, through this testnet, we’re opening up this powerful infrastructure to the world,  taking a pivotal step towards decentralization and community governance.

Okto's Journey to Seamless Web3: From Vision to Testnet

The Okto Platform Testnet isn’t an overnight creation; it’s the culmination of years of dedicated effort, driven by a singular vision: making Web3 truly accessible and seamless for everyone. For years, we have witnessed the immense potential of blockchain technology hampered by its inherent complexity. We knew there had to be a better way.

Our journey began with one simple question: Why can't Web3 be as easy to use as Web2? This question fueled countless hours of research, design iterations, and relentless coding. We assembled a world-class team and partnered with industry leaders like Nethermind, Silence Laboratories, Across Protocol, and Agoric. Leveraging cutting-edge security from EigenLayer and Polygon CDK, each partnership infused critical expertise into our mission.

We tackled each layer of the chain abstraction puzzle, brick by brick:

Key Innovations

• Decentralized Wallet Network (DWN): In collaboration with Silence Laboratories, we forged a scalable MPC network that prioritizes robust security without compromising user-friendliness. By integrating familiar Web2 logins, we made onboarding frictionless.

• Unified Liquidity Layer (ULL): Partnering with Across Protocol, we built an intelligent routing engine embracing the ERC-7683 standard for cross-chain liquidity. Furthermore, we collaborated with Nethermind and Solana Foundation to extend our reach beyond the EVM ecosystem, ensuring robust cross-chain liquidity support for Solana, Aptos, and many more. Our commitment ensures users receive the best possible prices automatically.

• Decentralized Transaction Network (DTN): We meticulously engineered the DTN to be the intelligent orchestrator, the invisible engine handling the heavy lifting of even the most complex cross-chain operations with unwavering reliability, efficiency, and cryptographic security. Our goal was to shield users entirely from the technical maelstrom churning beneath the surface, making multi-chain interactions feel as simple as a single click.

• Okto Chain: Harnessing the scalable power of Polygon CDK, we built the Okto Chain to serve as the central coordination hub, the immutable ledger that would bring transparency and verifiable order to the Okto Platform. 

Through countless tests, iterations, and invaluable feedback from early partners, we've arrived at this pivotal moment: the Okto Platform Testnet. This testnet is not just the culmination of our efforts; it’s the beginning of a new chapter, a collaborative journey with you, the community, to refine, stress-test, and ultimately, build a truly seamless Web3 for everyone.

Unlocking a Universe of Use Cases

The possibilities with Okto Platform are limitless. Imagine:

• Gaming: Seamlessly integrating Web3 into gaming experiences that enable true cross-chain assets and economies. Visionary partners like Stan and Catoff are already exploring Okto's potential to ignite a gaming revolution.

• DeFi: Powering the next generation of decentralized finance with cross-chain applications that unlock unprecedented composability and user access. CoinDCX Web3 stands as a testament to Okto’s capabilities.

• Social and Consumer Apps: Building user-friendly applications that make crypto accessible to everyone. Pioneering partners like GrowFitter and Chaincode Consulting are leveraging Okto for these very use cases.

These examples offer merely a glimpse into Okto's potential. Developers are no longer constrained by chain limitations; they are empowered to build innovative applications limited only by their imagination.

Your Invitation to Shape the Future of Web3: Join the Okto Platform Testnet Today!

This testnet is more than just a technical evaluation; it’s a collaborative endeavor to build a robust, secure, and genuinely community-owned Web3 infrastructure together. Your participation—your feedback—your visionary insights—are essential to this transformative journey.

What Can You Experience?

The Okto Platform Testnet grants you direct access to a complete, fully integrated chain abstraction stack, featuring:

Decentralized Wallet Network (DWN): Chain-Abstracted Embedded Wallets

• Universal Accounts for a Multi-Chain World: Experience the sheer magic of a single social wallet, seamlessly interoperable across AA/non-AA or EVM/alt-VM chains, finally eliminating wallet fragmentation.

• Web2-Like Onboarding with MPC Security: Witness unparalleled security with EigenLayer-powered infrastructure, combined with the familiar ease of Web2 logins (OAuth social logins, device authentication), making Web3 onboarding truly effortless.

• Delegated Signing Capabilities: Unlock advanced, policy-driven automation with delegated signing. Powered by the robust Policy Engine on Okto Chain, this feature provides fine-grained control over transaction permissions and risk management, expanding the horizon of Web3 applications.

Unified Liquidity Layer (ULL): Intelligent Liquidity Routing

• Effortless Cross-Chain Token Swaps: Harness the immense power of the ULL and witness multi-chain gasless operations unfold before your eyes, experiencing truly secure, gas-abstracted bridging and settlement across the expansive Web3 landscape with unprecedented ease.

• Intelligent Routing & Best Price Automation: Benefit directly from healthy, market-driven competition between Okto’s dedicated solvers and a growing network of 3rd-party solvers, guaranteeing you always get the absolute best possible routes, automatically optimized for speed, cost, and security, without lifting a finger - leveraging the power of the ERC-7683 cross-chain liquidity intents.

Decentralized Transaction Network (DTN): Advanced Cross-chain Transaction Orchestration

• Intent-Based Cross-Chain Transactions: Define your desired outcome and see the DTN orchestrate the complex multi-chain steps behind the scenes. Experience the magic of truly intent-based Web3 interactions.

• Asynchronous Multi-Chain Execution in Action: Observe how the decentralized DTN expertly manages transactions across different chains, seamlessly handling asynchronous operations and ensuring smooth user flows despite underlying complexities.

Okto Chain: The Robust & Transparent Coordination Layer

• Transparent Command Center in Action: Explore the very heart of the platform: the Okto Chain Testnet Explorer, and witness the command center in action, the immutable coordination hub ensuring complete transparency, absolute auditability, and cryptographic-level security for every cross-chain operation.

• Decentralized Infrastructure Under the Hood: Experience the robust foundation of a truly decentralized system, built as a cutting-edge ZK-based Layer 2 on Polygon CDK, rigorously inheriting the proven security of Ethereum and providing unparalleled scalability for the future of Web3.

Policy Engine: Unparalleled Multi-Chain Risk Management

• Unparalleled Multi-Chain Risk Management: Step into the future of Web3 security and experience Okto's uniquely groundbreaking policy engine, the only solution of its kind, empowering users and applications with truly unparalleled, customizable multi-chain risk management capabilities.

• Granular Policy Control in a Unified Wallet: Imagine a single, unified social wallet, fortified by robust, granular policies you define – customizable limits per application, fully adaptable daily volume limits, and granular control over transaction types – all effortlessly managed from one intuitive interface.

Okto SDK V2: Empowering Developers to Build the Seamless Future

Access full sheet here: https://buildon.okto.tech

• Web2-Like Development Paradigm for Web3 Innovation: Dive headfirst into the future of Web3 development and experience a truly revolutionary Web2-like development paradigm for building groundbreaking Web3 applications, finally allowing you to focus entirely on pure innovation, not wrestling with outdated infrastructure complexities.

• Multi-Platform SDK Availability: Leverage the full, unparalleled power of the Okto Platform with intuitive, meticulously documented tools, available in React, React Native, Flutter, Unity, and TypeScript and unleash your unbridled creative vision to build the chain-abstracted applications of tomorrow, today.

Your Feedback Will Shape the Future Okto Stack!

This testnet is about evaluating the entire Okto stack in harmony. Whether you’re an end-user or a developer, your insights are crucial:

For End-Users:

• Experience Okto Features: Dive into seamless on-chain transactions and unified wallets.

• Explore the Testnet Explorer: Monitor blocks, transactions, and events on the Okto Chain.

• Share Your Feedback: Tell us what delights you, where we can improve, and what excites you most about Okto’s transformative potential.

For Developers:

• Integrate with Okto SDK V2: Become a pioneer of the new Web3 development paradigm.

• Build Chain-Agnostic Applications: Leverage the full stack—DWN, ULL, DTN, and Okto Chain—to deliver innovative multi-chain experiences.

• Provide Technical Feedback: Help us identify bottlenecks and optimize performance for mass adoption.

The End of Chain Complexity is Finally Here!

Welcome to the Okto Platform Testnet—and welcome to the future of Web3! This marks a major milestone toward a truly seamless decentralized internet. Dive in, explore, test, and share your invaluable feedback. Together, we can eliminate chain complexity and unlock Web3’s full potential for everyone.

Join us in shaping this revolution!