Please describe your proposed solution
The problem we aim to solve is the friction for Web3 users to experience Cardano's blockchain. Currently, users need to create new wallets, which adds complexity and limits adoption.
Our approach leverages cross-chain wallet compatibility, allowing users from Bitcoin or EVM chains to control a Cardano smart account without needing to create a new wallet. This reduces onboarding barriers and enhances interoperability, tapping into a larger, existing Web3 audience.
This is the evolution of the concept of Catalyst F12 project
The concept is now working and is being reviewed and it's possible now to apply in the product section because:
"Product is for established blockchain projects and teams looking to enhance existing applications and propositions by significantly extending current features and capabilities. "
The final output of this catalyst is to have Fluid Dapp, our project to integrate Bitcoin and EVM wallets natively.
We will demonstrate the impact by tracking the number of users interacting with Cardano through their native wallets and monitoring transaction volume across multiple chains.