1/ GM from @dynamic_xyz ! Today we’re announcing our $7.5M seed round, led by @a16z crypto. We’re on a mission to accelerate the adoption of wallet-based authentication and identity.
🧵👇
🧵👇
2/ The first time you log into a website using your wallet is a magical experience. Your wallet is your single sign-on device, can help you prove identity in a privacy-preserving manner, access gated experiences, carry info with you, and do much more.
3/ For Developers however, creating a magical wallet-based sign-in experience is complex. They have to
- Keep up with a growing number of wallets across chains
- Teach end-users about wallets
- Implement gating, access lists, and identity protocols
- Ensure auth flows are secure
- Keep up with a growing number of wallets across chains
- Teach end-users about wallets
- Implement gating, access lists, and identity protocols
- Ensure auth flows are secure
4/ Developers want to focus on their core products, not re-implement the same login, onboarding, and authorization flows all over again.
5/ Dynamic lets developers leverage the power of wallet-based interactions in minutes. With Dynamic, you implement a simple SDK in under a minute and control all authentication, onboarding, and authorization features from your developer dashboard. 
6/ Within your developer dashboard, you can:
✅ Enable additional chains with a click
✅ Manage your users
✅ Introduce sophisticated onboarding flows
✅ Set up access lists
✅ Block risky wallets with @chainalysis
✅ And do much more — all without having to touch code.
✅ Enable additional chains with a click
✅ Manage your users
✅ Introduce sophisticated onboarding flows
✅ Set up access lists
✅ Block risky wallets with @chainalysis
✅ And do much more — all without having to touch code.
7/ In short, We’re creating a web3-first multi-chain authentication and authorization platform.
8/ Over the past few months, we’ve been working with alpha customers at @popartcats @llamacommunity_ @narcissanetwork @handstamp_ and many others to build Dynamic. Today, we’re rolling out our closed beta. You can apply for early access via dynamic.xyz to get started
9/ Joining @a16z crypto are many incredible partners, including @CastleIslandVC , @firstround , @solana , @chapterone , @circlepay , @hypersphere_ , Breyer Capital, @ShineCapitalNYC , @atinc_vc, Sheva and many others. We are honored to have such an amazing team of investors.
10/ We are building Dynamic on top of decentralized standards, and hope to contribute to many more in the future:
✅Sign in With Ethereum (@signinwitheth)
✅Chain Agnostic (CASA) (@ChainStandards)
✅WalletConnect (@WalletConnect)
✅Sign in With Ethereum (@signinwitheth)
✅Chain Agnostic (CASA) (@ChainStandards)
✅WalletConnect (@WalletConnect)
11/ We have been dreaming of building a lasting company for over 15 years. We first met at MIT, two Israelis just out of the IDF's intelligence corps. At Dynamic, we have been fortunate to partner with the world class team that’s built what you see today.
12/ If our mission resonates with you and you’re interested in joining our incredible team or having a conversation with us, please let us know (dynamic.xyz/beta). We’d love to hear from you.
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