ELDER : The "VISA" of WEB3

In the 1950s, banking was fragmented, with each bank operating like an isolated island, making cross-bank transactions cumbersome. The launch of BankAmericard by Bank of America in 1958, later evolving into Visa, revolutionized this by creating a universal credit card network. By the 1970s, Visa had transformed banking by connecting banks, merchants, and consumers globally, eliminating the need for each bank to build its own payment infrastructure. Today, Visa handles over 60% of global credit card transactions, showcasing the power of a unified network.

This historical precedent sets the stage for the current challenges in Web3, where RollApps—blockchains tailored for specific uses—operate in isolation, much like banks did before Visa. These RollApps face high costs and complexities in user onboarding, akin to the issues banks faced before a shared platform existed.

Enter Elder, the hero we didn't know we needed, envisioned as the "Visa" for Web3. Elder aims to create a network where RollApps can connect, reducing the individual burden of user acquisition and ecosystem building. Here's how Elder operates:

• Instant User Access: RollApps on Elder tap into an existing, broad user base, bypassing the need for separate onboarding systems.

• Shared Ecosystem: This connectivity fosters a collective growth environment, where RollApps can benefit from each other's user communities.

Elder's mission parallels Visa's: to integrate isolated systems into a cohesive network, making Web3 interactions as seamless as using a Visa card today. By uniting RollApps, Elder not only reduces friction but also accelerates the adoption of blockchain technologies, mirroring the transformative impact Visa had on global finance. Just as Visa connected the world's economies, Elder is poised to connect the world's digital assets and applications, heralding a new era of interconnected Web3 functionality.