Question 1

Is there a cost to use NewWallet?

Accepted Answer

The wallet is free to use and will always remain free. Users only pay the standard network fees for blockchain transactions.

Question 2

Who really controls my private key?

Accepted Answer

Users have full control of your private key - NewWallet is designed as a true non-custodial wallet. The private key is only generated when needed using your device's passkey (FaceID/TouchID/PIN) and is never stored anywhere. After signing each transaction, the private key is automatically deleted from memory. NewWallet can't access user's key, can't move user's funds, and can't recover user's key without user's passkey authentication.

Question 3

What is Newwallet and how does it work?

Accepted Answer

Newwallet is a user-friendly crypto WEB wallet designed to onboard the next billion users to Web3. It enables seamless login and wallet creation using Passkey and social authentication, eliminating the need for traditional seed phrases.
Newwallet works as a "Web3 passport" that allows users to access decentralized apps with a single click, combining ease of use with secure, non-custodial key management.
The native utility token, NEWW, is used for transactions, governance, and incentivizing community growth. NEWW is supported on multiple blockchains, including Solana and Ethereum.

Question 4

What blockchains support Newwallet token?

Accepted Answer

The NEWW token is currently supported on the following blockchains: Solana, Ethereum, and more chains are planned for future integration to ensure broader accessibility and interoperability.

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