Webacy Core Product Mega Release: Up To 94% Lower Gas Fees, Token Filtering on Dashboard, Enhanced Risk Scores and More!

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The past few months have been a wild ride in the crypto world. From SEC regulation updates to brand new Ethereum pfp collections like Azuki raising almost $38mm for their Elementals collection, it’s clear that the ecosystem is alive and well.

We’ve been building and working hard to keep all of you protected.

Webacy has put in a tremendous amount of work to bring new web3 safety services to the ecosystem. We’re excited to highlight some of our product updates that make crypto security faster, smoother, and easier.

As a reminder, Webacy is your safety layer for self-custody. Our services span three core pillars: Assess your on-chain risk, Monitor all of your wallets and assets, and Act in case of emergency.

Let’s dive in.

Webacy Pro

While Wallet Watch for one wallet remains free for all users, we now offer advanced services with Webacy Pro. Here’s what you can expect as a Webacy Pro member:

• Wallet Watch for unlimited wallets (even unsigned wallets)
• Backup Wallet
• Panic Button
• Crypto Will
• Early access to beta products
• …and much, much more

We’ve worked to ensure there’s enough in Webacy Basic for all, while enhancing our product suite for users that desire a Pro level of protection; and packaging it into a product you can subscribe to monthly or yearly with fiat or crypto.

If you haven’t upgraded yet, you can do so here - you simply need to add another wallet to monitor - and that will grant you access to the rest of Pro.

UNDER THE HOOD UPDATES

Up to 94% Reduction in Gas Fees for Backup Wallet and Panic Button (Webacy Pro Features)

We’ve been hard at work enhancing our Pro features.

For those of you who have been with us from the beginning (thank you), you may remember the gas fees necessary to set up the Backup Wallet and Panic Button. Reminder that these gas fees don’t go to Webacy, but are rather used to help write your backup/recovery directives on chain. We’re excited to announce that we’ve deployed even more extreme cost savings for these services, resulting in gas fees of around $10-20 in ETH equivalent.

If you’ve been waiting to set up the Backup Wallet and Panic Button – wait no more. Remember, with these Webacy services you can:

• Recover assets if you lose access to your wallet.
• Immediately evacuate your assets to a safe wallet in case of emergency.
• Save tokens in case your wallet gets hit with an ETH drainer.
• And much, much more!

Set up your Backup Wallet and Panic Button:

USER EXPERIENCE UPDATES ON THE DASHBOARD

Risk Score for Tokens, Not Just Wallets (for all users, Basic and Pro!)

The Webacy Risk Score stands as one of the most robust risk engines in web3, aggregating data from the top sources in the space while applying Webacy’s own algorithm that integrates a variety of on-chain and off-chain signals.

While you may have seen your overall wallet's Risk Score on the Webacy dashboard, we are excited to introduce Risk Scores for individual NFT assets. The screenshot above gives you a glimpse of this powerful feature in action.

We are actively integrating the Webacy Risk Score into other services within our ecosystem, ensuring you have intelligent insights into the health and safety of your web3 wallets.

Sorting Tokens and Filtering Spam

You asked, we listened.

Many of you have expressed the challenge of dealing with numerous spam tokens and airdrops in your wallets, making it difficult to manage your bags and get a clear view of your portfolio.

In response, we enabled token sorting, filtering, and hiding capabilities within our dashboard and in the setup flow for Backup Wallet and Panic Button. Leveraging various signals, we implemented initial sorting to automatically hide tokens classified as spam. You can also manually hide or unhide assets directly within the dashboard, providing you with complete control over your portfolio.

PAYMENT UPDATES

Crypto Payments With Loop (if you are upgrading to Webacy Pro with Crypto)

We are a Web3 company after all...

Users can now upgrade their subscription to Webacy Pro by paying with cryptocurrency, allowing them to access the advanced features our premium plan has to offer.

We’ve partnered with Loop Crypto enabling the Webacy Pro subscription using a wide range of supported cryptocurrencies. You can read the full announcement here.

To upgrade to Webacy Pro:

• Login to the Webacy dApp.
• Navigate to the Subscriptions page from the upper-right icon and select the "Get With Crypto", instead of “Get With Fiat” option.
• From there, you can choose your preferred cryptocurrency and follow the straightforward instructions to complete the transaction securely.

WHAT'S NEXT?

At Webacy, innovation never rests. We have an exciting roadmap ahead, including:

• New blockchain support for other EVM-compatible chains such as Polygon, Optimism, and Arbitrum.
• Consolidated approvals to streamline the process and reduce manual transactions.
• Expanded data support for Risk Score (we’ve added two additional data sources into assessing your risk and have six more in the pipeline).
• Introducing risk intelligence by integrating various data models and heuristic techniques.
• Recommendations on portfolio safety improvements based on historic and ecosystem insights.

TL;DR

We are incredibly excited about the future of Webacy and the immense value these updates bring to our community.

• Upgrade to Webacy Pro to unlock advanced features (like Panic Button and Backup Wallet) and gain access to unlimited Wallet Watch capabilities.
• Save up to 94% on gas fees when you set up your Backup Wallet and Panic Button.
• Leverage the new enhanced Risk Score for your wallets and NFTs.
• Enjoy the improved user experience with portfolio sorting and filtering options.

Join us on our journey to do Web3 safely. Happy protecting 👇