Technology

Three-month-old Elph wants to make it easier for you to find and use blockchain-based apps. How Through a portal thatpromising to enable users to click through to see how their crypto holdings are faring, to buy and sell CryptoKitties or to find and use other decentralized apps.

Its co-founder and CEO, Ritik Malhotra, says it will eventually be the &Netscape for crypto.&

If it sounds outlandish, thatpartly because there are still so few blockchain apps from which to choose. Malhotra and team trust that this will change over time, however, and investors seem to trust them, including Coinbase, The House Fund and numerous individual investors who just provided the company with a little less than a million dollars in pre-seed funding.

A large part of the appeal is the founders& pedigree. Malhotra was a Thiel fellow, for example, stepping away from UC Berkeley in order to make the requisite two-year commitment demanded of the prestigious program. Malhotra and Tanooj Luthra, Elph co-founder and CTO, had also previously co-founded and led a YC-backed startup, Streem, that sold to Box in 2014. Afterward, Luthra joined Coinbase as a senior engineer on Coinbasecrypto team, learning the ins and outs of the nascent but fast-growing industry.

But the companypremise is compelling, too. Most crypto outfits today require users to walk through numerous manual steps to create and store their wallet, and authenticate that they are who they say before they can start actively engaging with the service. With Elph, users simply sign up with an email and password, says Malhotra; Elph then handles account management across apps based on the unique ID that it assigns them.

&Itan app store,& explains Luthra. &You log in, you see a bunch of decentralized apps, you click them and they open up. We&ve handled all the interfacing with the blockchain and done the heavy lifting in the background for you.&

These decentralized app developers don&t need to buy into Elphvision; they all respond to open web3 protocols that allow them to interact with the Ethereum blockchain and Ethereum smart contracts. Elph has been able to implement the web3 APIs in its app, meaning everyone is talking the same language.

Elph is also working on a developer SDK to make it even easier for developers to build blockchain-based apps.

Malhotra and Luthra seem to be carving their careers out of abstracting away the complexity of highly technical things. Streem built desktop software for cloud storage services, for example, enabling customers to stream files to their desktop environments. (Notably, it also raised just $875,000 from investors to build out its product.) More recently, while working at Coinbase, Luthra realized he was witnessing &this huge boom of new, decentralized apps coming out that are hard for anyone to access or use who isn&t fairly technical.& It&kind of like the internet in 1994 right now,& he says. &So we decided to simplify it.&

The company is opening up its public beta launch today, which you can check out here. Because most users need to be educated about which apps are being built, the portal today allows them to browse apps by category — much like sites like Netscape and Yahoo once did when the internet was still young and its content a confusing morass for web surfers.

The team has plainly paid attention to creating an engaging experience that aims to make finding and using these apps fun. As for how Elph accrues value for itself and its investors, the idea is to employ token mechanics, meaning that new features will be added over time by &maintainers& or people who work on the app store to either jazz it up or else rank apps for Elph and receive tokens as rewards in exchange for their efforts. (These tokens, presumably, will be available to trade over time on cryptocurrency exchanges that are easily accessed through . . . Elph.)

Elph isn&t the only outfit to identify this same opportunity. Coinbase, for example, last year rolled out Toshi, a browser for the Ethereum network that aims to provide universal access to financial services.

Still, itearly days, obviously, and momentum appears to be building slowly. Today, there are roughly 3,000 decentralized apps up and running, roughly four times more than there were a year ago. Some day, believes Malhotra, there will be millions.

If Malhotra and Luthra play their cards right, Elph may help you find them.

Fintech startup N26 is updating its N26 Metal product and launching it tomorrow. You might remember that the company first announced its premium card at TechCrunch Disrupt Berlin in December 2017. Shortly after the conference, the card was available in early access for existing N26 Black customers.

But the company had to go back to the drawing board and update the card design. N26 Metal customers had some complaints about the design of the card in particular.

While the original metal card was primarily made of a sheet of tungsten, the metallic part was still surrounded by plastic. Customers complained about scratches and the overall feel of the card.

It didn&t really feel like a metal card. It was more or less a heavy plastic card with a metal core. You could easily get scratches and the MasterCard logo was just a sticker.

Even more surprising, some customers had some issues going through airport security because tungsten was an uncommon material.

At an event in Berlin, the company announced a revised version of N26 Metal. The front of the card is going to be made out of actual metal. The MasterCard logo will be engraved. And the name of the customer is moving to the back of the card.

You can join the waiting list now and customers will start getting the new metal card tomorrow. Everybody will be able to sign up next Tuesday.

But N26 Metal isn&t just a fancy card. For around €15 per month, you get all the advantages of N26 Black as well as partner offerings.

These offerings include the basic $45 per month WeWork subscription so that you can access a WeWork office for free for one day per month and pay for extra days. You also get 10 percent off hotel bookings on Hotels.com, promo codes for Drivy, Babbel and other services. The company says that there will be new offerings in the coming months.

Fintech startup N26 is updating its N26 Metal product and launching it tomorrow. You might remember that the company first announced its premium card at TechCrunch Disrupt Berlin in December 2017. Shortly after the conference, the card was available in early access for existing N26 Black customers.

But the company had to go back to the drawing board and update the card design. N26 Metal customers had some complaints about the design of the card in particular.

While the original metal card was primarily made of a sheet of tungsten, the metallic part was still surrounded by plastic. Customers complained about scratches and the overall feel of the card.

It didn&t really feel like a metal card. It was more or less a heavy plastic card with a metal core. You could easily get scratches and the MasterCard logo was just a sticker.

Even more surprising, some customers had some issues going through airport security because tungsten was an uncommon material.

At an event in Berlin, the company announced a revised version of N26 Metal. The front of the card is going to be made out of actual metal. The MasterCard logo will be engraved. And the name of the customer is moving to the back of the card.

You can join the waiting list now and customers will start getting the new metal card tomorrow. Everybody will be able to sign up next Tuesday.

But N26 Metal isn&t just a fancy card. For around €15 per month, you get all the advantages of N26 Black as well as partner offerings.

These offerings include the basic $45 per month WeWork subscription so that you can access a WeWork office for free for one day per month and pay for extra days. You also get 10 percent off hotel bookings on Hotels.com, promo codes for Drivy, Babbel and other services. The company says that there will be new offerings in the coming months.