Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The tool was built by the team behind Fleek, a Web 3.0 venture production studio building open internet services on the Internet Computer.
Plug, a user-friendly browser extension that allows users to conveniently access and manage ICP utility tokens and cycles, announced on Twitter that it has eclipsed a 100,000-user milestone. Similarly to how MetaMask is an extension for interacting with Ethereum, Plug is both a wallet as well as an authentication provider service for logging into Internet Computer dapps with one click.
Plug was built by the team behind Fleek, a Web 3.0 venture production studio building open internet services on the Internet Computer. The tool facilitated the recent launch of ICPunks NFTs. In a matter of minutes, 10,000 of the clown NFTs were scooped up by an influx of users who collectively stress-tested the Internet Computer blockchain. Plug’s integration with the Entrepot NFT marketplace by Toniq Labs also contributed to the spike in users.
“Plug grows in conjunction with the dapps that integrate plug,” said Fleek co-founder and CEO Harrison Hines. “So Plug growth is a reflection of the ecosystem as a whole growing.”
The product’s user growth milestone comes three months following its Alpha launch, when an Alpha V0.1.0 that included ICP token features became available for download and installation via GitHub. Visit the Plug wallet website to learn more.
“Reaching that milestone so quickly just means that we will be putting more emphasis and resources on Plug going forward,” Hines added. “It means a mobile app version of Plug will come out sooner than previously anticipated (now currently planned for late October/November launch), and a bunch of new features will be added to Plug to meet user feedback/demand.”
The extension’s entire codebase, including the Plug Controller and the Plug Inpage Provider that power the product’s features as well as its interactions with the Internet Computer, is open source and available on GitHub. Plug doesn’t require a user’s personal information to function, nor does it collect any from users.
In addition to Plug, Fleek has released other products for the Internet Computer ecosystem:
Dank — A canister-based service running on the Internet Computer that enables users to hold a balance of cycles associated with their principal identifier.
Cycles Faucet — Launched in partnership with the DFINITY Foundation, the Cycles Faucet offers between $20-$100 worth of free cycles to qualified developers to help them get started building and deploying canisters on the Internet Computer.
In a recent DFINITY Foundation Community Conversations talk, Fleek founder Harrison Hines announced that Fleek has acquired a gaming studio. He also revealed that the studio has raised a fund to invest in Internet Computer projects — and noted that the team has already started doing so in stealth.
Plug, a Crypto Wallet for ICP Tokens and Cycles, Surpasses 100,000 Users was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.