Author: ChainCatcher

As Web3 technology continues to evolve and gradually permeate everyday financial scenarios, the demand for efficient, convenient, and low-threshold on-chain payment methods among users is becoming increasingly strong. Fellow is a project born in this context, aiming to bridge traditional banking, digital payments, and decentralized finance through instant settlement and identity abstraction mechanisms, providing users with a simplified and highly trusted solution for fund flow.

According to official information, the project significantly lowers the threshold for crypto payments through its innovative "phone number as address" design, allowing users to complete transfers and payments using just their phone number, without the need for complex wallet address management and on-chain interaction knowledge. Currently, the project will run natively on iOS and integrate various crypto wallets and payment tools, striving to provide a smoother Web3 migration path for Web2 users.

1. Understanding the Underlying Principles of Instant Settlement

The on-chain payment logic constructed by Fellow centers around the core advantage of "instant payment," building a complete technical closed loop around the following two dimensions. First is the phone number address binding mechanism; after registering with Fellow, the system maps the user's phone number to an on-chain address, achieving semantic consistency with traditional payment methods, allowing Web2 users to naturally migrate to Web3. Second is the instant settlement technology; Fellow is committed to enhancing the on-chain transaction experience, striving to shorten transaction confirmation times and improve the efficiency and stability of fund settlement. The system design supports high-frequency, small-amount fund settlement needs, aiming to provide users with a smoother and faster on-chain transaction experience.

In the current era of a gradually maturing multi-chain ecosystem and explosive growth of on-chain applications, the payment experience has become one of the key thresholds for users to truly migrate to the chain. Fellow lowers the cognitive threshold through the innovative paradigm of "phone number as address" and enhances the user experience through "instant settlement" technology, precisely addressing the slow, expensive, and error-prone issues present in current on-chain transfer processes.

Fellow's market strategy focuses on North American consumers and developers, aiming to build an "on-chain payment network layer" that integrates developer tools, user habits, and platform integration. Its vision is to become an indispensable piece of infrastructure in on-chain finance, comparable to Stripe's role in traditional payment systems.

In the future, Fellow is expected to expand to more countries and regions and gradually connect with L2 networks, AA wallets, and other foundational capabilities, further solidifying the core concept of "borderless flow of funds."

2. Former Framework Ventures Analyst Emerges, Team Background is Impressive

Fellow was co-founded by Josh Litchman, who serves as CEO. He previously held the position of Ecosystem Director at Pixels, leading protocol integration and product ecosystem development. He was an analyst at Framework Ventures, where he conducted in-depth research on on-chain infrastructure, digital assets, and the development paths of emerging protocols. He also participated in establishing digital asset businesses during the early stages at Impatient Ventures, accumulating rich first-hand experience in the crypto market. Another core member of the team is a key technical driver for Fellow, focusing on on-chain identity and wallet interaction design, dedicated to optimizing user experience and data permission systems.

Additionally, Fellow has received support from security infrastructure providers such as Coinbase and Privy, building a highly secure and privacy-protective identity interaction framework, aiming to create a smoother and more trustworthy transition path from "Web2 to Web3" for users.

3. Conclusion

The true popularization of on-chain finance relies on stable, efficient, and low-threshold payment paths. Fellow is reimagining the payment infrastructure of the Web3 era through instant payments. Its "phone number as account" design eliminates users' unfamiliarity with the crypto world; meanwhile, the fast and stable settlement engine ensures that the on-chain transfer experience is on par with Web2. With the continuous improvement of development tools and the expansion of ecosystem collaborations, Fellow is gradually building a bridge connecting the real world with on-chain assets.

Fellow is not just another wallet; it is a new payment method—fast, intelligent, and future-oriented.

(This article is for reference only and does not constitute investment advice.)

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