Paymaster = Crypto, but not crypto

The cryptocurrency industry is taking steps towards a better user experience to attract more retail investors and institutions.

Despite the challenges posed in the industry's past, ambitions remain high as crypto products begin to derive benefits from one another, creating a multi-layered symbiotic relationship. For crypto rails to be adopted however, the industry needs to solve for better user experience, speed, and cost – the same primary drivers that fueled the internet’s growth.

This report takes a closer look at Paymasters, middlemen who provide decentralized services that don’t require users to understand the underlying mechanics, giving us a glimpse of defi’s real-world potential.