BM Wallet App: Building an All-in-One Web3 Asset and On-Chain Finance Gateway

Against the backdrop of the ongoing development of the crypto industry, Web3 is gradually moving from concept to broader practical application. Whether it's on-chain transactions, DeFi, or the continuous emergence of novel digital assets, more and more users are beginning to explore the on-chain world. However, a practical issue persists: the on-chain entry point remains fragmented.

The BM Wallet App is a Web3 wallet application launched precisely in this context. Its core idea is relatively clear: integrating asset management, on-chain transactions, and some commonly used functions within a single application as much as possible, reducing the need to switch between different tools.

From Asset Management to On-Chain Execution

At the foundational capability level, BM Wallet is built around a self-custody wallet, based on the EOA (Externally Owned Account) system, ensuring that users always maintain control over their assets. The platform does not store core credentials such as private keys or seed phrases.

Furthermore, by optimizing the interaction flow, the product aims to lower the barrier for user entry, making on-chain operations more intuitive while retaining the flexibility and autonomy inherent to EOA wallets. This design philosophy leans towards enhancing the experience within the existing system rather than introducing additional complex structures.

In terms of trading, BM Wallet integrates built-in DEX functionality, allowing users to directly access on-chain liquidity and execute trades, reducing friction caused by intermediate steps. Simultaneously, the product strengthens pre-trade information support, such as tracking capital flows via "Smart Money" monitoring, or assisting judgment through trading signals and potential asset screening.

This integrated design, from information discovery to trade execution, allows users to complete a more holistic decision-making process within the same environment, without relying on piecing together experiences from external tools.

Multi-Scenario Spending + AI Subscription: Extending On-Chain Assets to Daily Use

Beyond asset management and on-chain trading, BM Wallet is further expanding the use cases of on-chain assets.

By introducing a wallet prepaid card feature, the product emphasizes multi-scenario spending capabilities and low usage barriers: it supports online and offline payments, AI tool subscriptions (such as OpenAI, Anthropic, Midjourney, etc.), and adopts a fee structure with 0 annual fee and 0 top-up fee, making the overall usage path more straightforward.

In terms of specific usage, users can top up their prepaid card balance with stablecoins and complete payments within the merchant network supporting Visa and Mastercard, with the system handling the settlement automatically, eliminating the need for additional bank account transfers.

The prepaid card covers both online and offline scenarios: the virtual card is suitable for e-commerce purchases, digital content, and subscription services, while the physical card extends further to offline retail environments, offering more flexible options for different usage needs.

Overall, this feature adds "spending capability" to the existing wallet system, enabling users to complete a full闭环 (closed loop) from asset management, and trading to actual spending within the same application.

Standalone App: A More Complete Web3 Entry Point

Unlike previous approaches where wallet functionality was embedded within other product ecosystems, BM Wallet is presented as a standalone app, representing a re-organization of the user's Web3 journey.

In the past, users often had to switch between wallets, market data tools, and DEXs to perform different steps of a process. This workflow was relatively fragmented and increased the cognitive load.

BM Wallet's approach is quite direct: integrating these originally separate components into one application, allowing users to complete the entire process from asset management to trade execution within a single environment, reducing the need for switching.

This change primarily manifests in the continuity of the user experience. Users no longer need to adapt repeatedly across multiple products or understand the relationships between different tools; they can operate along a unified path. For new users, the entry barrier is lower; for experienced users, operations become more efficient.

Strategy and Planning: Building a "Web3 Financial Primary Account"

From a longer-term perspective, BM Wallet's goal is not merely to be a wallet tool but to evolve into a "Web3 Financial Primary Account" (a Web3 version of Robinhood), hosting users' complete on-chain financial activities and becoming the core gateway connecting assets, trading, and payments.

In terms of the account system, the product will continue to optimize around the EOA wallet structure, enhancing the security and ease of asset management through security mechanisms and interaction design, lowering the barrier for user understanding and usage. Simultaneously, leveraging AI Wallet capabilities, it will enable users to perform transfers, trades, asset management, and other operations in a more natural manner, gradually evolving towards automated execution.

In subsequent plans, BM Wallet will also explore introducing social login wallet methods, allowing users to quickly create and recover wallets using common internet accounts like Google accounts or Apple IDs. Without changing the self-custody attribute, this will further lower the barrier to entry and device migration costs, making the user experience of on-chain accounts closer to that of traditional internet applications.

At the asset usage level, BM Wallet will use payments as infrastructure, bridging the "fiat-wallet-spending" loop, and combine it with Earn capabilities to improve asset yield efficiency. Simultaneously, by integrating foundational capabilities like Swap and Bridge, and overlaying scenarios such as Prediction, Perps, and RWA, it aims to create an integrated path for on-chain opportunity discovery and trade execution.

At the infrastructure level, the product will continuously strengthen security and data infrastructure, including modules for risk identification, asset parsing, and transaction simulation, providing stable support for upper-layer applications. The overall goal is to enhance user experience while achieving synchronized growth in user base and asset size, propelling the wallet's evolution from a tool to a complete Web3 financial account.

Overall, what the BM Wallet App does is not merely functional integration but a reconstruction of the user's on-chain experience. It lowers barriers while improving efficiency, making entering Web3 more natural and closer to the usage patterns of everyday internet products. This might be precisely the product form needed at the current stage to further promote the adoption of Web3.

Risk Warning:

As a self-custody Web3 wallet tool, BM Wallet only provides users with technical service support for digital asset management and on-chain interaction. The assets managed by the user through this application are entirely under the user's control and responsibility; the platform does not store sensitive information such as user private keys or seed phrases. When using BM Wallet for on-chain interactions (including but not limited to transfers, trades, approvals, contract calls, etc.), please ensure you fully understand the operational mechanisms of the relevant blockchain network and decentralized applications (DApps) and assess the potential risks yourself. On-chain operations, once confirmed, are generally irreversible, and the risk of asset loss arising therefrom shall be borne by the user.

Digital assets and related services carry high risks, including but not limited to price volatility risk, smart contract risk, liquidity risk, cybersecurity risk, and policy/regulatory risk. Please fully assess your own risk tolerance before participating and proceed with caution.

BM Wallet does not guarantee the security, legality, or authenticity of any third-party projects, DApps, or on-chain assets, nor does it provide any form of investment, legal, or tax advice. Users shall bear all risks and losses resulting from the use of related services.