Fearless Wallet Team Restructuring
Fearless Wallet is the best wallet in the Kusama and Polkadot ecosystems, featuring amazing UI, native-app responsiveness, and uncompromising security. Recently it has seen significant user growth and connections with exciting projects like Moonriver, Karura, and many others!
Fearless Wallet will also be adding support in the coming months for the SORA network (as a substrate network) and Polkaswap as it was planned and mentioned in the roadmap.
Unfortunately, Anton Khvorov, the leader of the development team saw a market opportunity and wanted all the future grants and monetary compensation, so he decided to leave along with five other devs. They have stated an intent to fork Fearless Wallet and make their own app under a new brand. While it may be technically legal, as Fearless Wallet is under an Apache 2 software license, we consider this behaviour unethical for a former team lead.
A smooth transition with Anton was attempted for several weeks, which would give some equity from the new company he plans to create to SORAMITSU, in exchange for the app. He was supposed to give an answer last Monday but instead, resigned from SORAMITSU that day, with two of his team members. His offers were asking to basically give him everything he wants, or no deal. So in the end, there was no deal.
Apps like Fearless Wallet, SORA, and Polkaswap, use permissive software licenses because it gives humanity freedom to build on the ideas, and it can contribute significantly to the Kusama and Polkadot ecosystems. Forking a complete app and rebranding it doesn’t really give much to the ecosystem, which is why we consider it to be unethical, and that type of conduct is generally frowned upon in the Kusama and Polkadot ecosystems.
The good news is that the Fearless Wallet team has been restructured and promised features will be developed as planned by a new team that was set in place (with the members from the previous team who are still with us), and are working from last week. There may be slight delays, but there will always be the same quality and awesome work that you have come to expect from Fearless Wallet! In addition to other parachains being integrated, Polkaswap integration will in particular be spectacular (as was always planned in the Fearless Wallet roadmap).
Fearless Wallet will also be the best app in the Kusama and Polkadot ecosystems, putting the good of the Kusama and Polkadot ecosystems first and thrilling the users with a high quality and smooth DeFi experience.
Please follow us here for future updates: https://t.me/fearlesswallet
For those who are interested in Fearless Wallet and want to help build it, please check out https://github.com/soramitsu?q=fearless
About SORA, Polkaswap, and Fearless Wallet
SORA is a new economic system aimed at creating a supranational multiverse economic system with built-in tools for decentralized finance (DeFi). The SORA network implements a new way of parachain architecture on Polkadot and Kusama network, with the capability to bridge external blockchains (like Ethereum) to the Polkadot ecosystem.
One of the DeFi applications that will run on the SORA network is Polkaswap, a non custodial liquidity aggregating, cross chain AMM DEX designed uniquely for the Polkadot ecosystem with boundless liquidity through its one-of-a-kind Aggregate Liquidity Technology (ALT).
Fearless Wallet is a mobile wallet designed for the decentralized future on the Kusama and Polkadot ecosystem, with support for iOS and Android platforms. An awesome user experience, fast performance, and secure storage for your accounts. Fearless Wallet will integrate Polkaswap for easy, decentralized swaps of assets.