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Vultisig and ThorWallet De-Merge, Announce Independent Futures

Vultisig and ThorWallet De-Merge, Announce Independent Futures

Vultisig and THORWallet announced they will no longer proceed with their planned merger and have decided to pursue independent paths.

Image of Sahil ThakurSahil ThakurNews

Dec 12, 2024

Written By Sahil Thakur

Author: Sahil Thakur

Written On: Thu, 12 Dec 2024 04:00:10 GMT

In a significant update for their respective communities, Vultisig and THORWallet announced they will no longer proceed with their planned merger. Both platforms, after evaluating their strategies, decided to pursue independent paths to focus on their individual development and growth.

Decision to Halt the Merger

The teams made notable progress during the merger talks but concluded that continuing independently aligns better with their long-term visions. Despite the separation, both parties maintain strong camaraderie and mutual respect.

Vultisig’s Road Ahead: Key Updates

Vultisig outlined a roadmap of new features to enhance its platform starting in January 2025. These updates aim to improve user onboarding, functionality, and treasury management for crypto projects and investors. Highlights include:

  • Introduction of plugins to expand wallet functionality.
  • Streamlined onboarding for a seamless user experience.
  • Upgrades to the Threshold Signature Scheme (TSS) protocol.
  • Continuous improvements based on community feedback.

The de-merge does not impact Vultisig’s existing users, products, team, or its ongoing airdrop campaign, which will continue as planned.

Strategic Partnership with Station Wallet

Vultisig has signed a long-term partnership with Station Wallet, formerly known as Terra Station Wallet. Station Wallet, which peaked with 1.4 million users, is undergoing a redesign and will integrate with THORChain’s new app layer, developed by the Rujia Alliance (RUJI).

To incentivize users to migrate, Vultisig plans to offer airdrop rewards. Additionally, Vulticonnect will deepen its DeFi integrations, further enhancing its Web3 compatibility.

Aggressive Marketing Campaign for 2025

Starting in 2025, Vultisig will launch a marketing campaign targeting diverse user groups, including crypto newcomers, experienced investors, project treasury managers, and whales. The campaign will highlight Vultisig’s self-custody wallet features, emphasizing security, accessibility, and functionality.

Upcoming $VULT Launch

Vultisig reaffirmed the Q1 2025 launch of its $VULT token. The rollout will include a 3-million FDV FCFS whitelist sale, with additional details to be shared soon.

NOTE: Our Crypto Talk is in collaboration with Vultsig. Please do your own research before everything.

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In this article

Decision to Halt the Merger

Vultisig’s Road Ahead: Key Updates

Strategic Partnership with Station Wallet

Aggressive Marketing Campaign for 2025

Upcoming $VULT Launch

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