Math Wallet Review: Do the Math and Store Assets Elsewhere

This company sports a relatively simplistic website, ridden of any visually appealing elements. However, that isn’t the main source of our concerns.

Once you start exploring the web presentation, you will quickly notice the absence or any legal information available. That will inevitably lead you to start suspecting there’s more to this scheme than what several negative user reviews suggest. 

Is the negative feedback justified and what this company really has to offer is the main focus of this Math Wallet review.

Who Owns Math Wallet Brand?

The company that has developed the Math Wallet app remains anonymous. Since the website is not transparent about the firm’s headquarters and other corporate details, we had to rely on other sources online. 

For instance, the company’s Crunchbase profile reveals that the location of the business is Singapore.

However, without the name of the parent company, we couldn’t search the Singaporean business register, and the said database doesn’t contain a company under the name of just “Math Wallet”.

What we also managed to dig up is the name of one of the co-founders, who is also the current CTO of the company – Eric Yu. Apart from that one person and several profiles on X, Discord, Telegram, Medium, YouTube, Linkedin and GitHub, nothing is known about this business.

If you’ve also read our review on Financial Markets Online, you probably have a good idea about what an anonymous company is and what kind of threat it poses for you as an investor.

Pros & Cons

Client reviews are usually analyzed in order to form an impression about the overall user satisfaction with the app’s performance. However, when it comes to the number of Math Wallet reviews, not many could be found online. 

For example, the company’s unclaimed Trustpilot page only features one negative review:

The Math Wallet download option for Android users is featured in the Google Play store. The software has been downloaded more than 100K times until now. However, the app has been poorly rated with just 2.6 stars out of 5.

Users are evidently not satisfied with the app, although only 14 verified reviews were posted. It seems that everyone is quite outraged with how slow and buggy the app is. 

Furthermore, it looks like funds can be stored inside, but nothing gets out of the wallet, while other issues also persist. All this may lead you to think the software is anything but trustworthy. Reddit users also complain of the support team being slow or not responding to help tickets at all. 

If we were to compare these results to Alpha Wallet scores, we’d see an obvious difference in how these companies rate among users.

To sum it up, we’d like to point out these major advantages and downsides to using this wallet.

Math Wallet Features

Firstly, we’d like to mention the Math Wallet cloud compatibility, but also the fact that the software is built as a multichain wallet for Web3:

One of the advantages of using the wallet is the open access to over 195 popular chains that are supported, including mainstream ones, EVM, Substrate, and CosmosSDK. 

Moreover, the Math Wallet dApp store is a good place to get a hold of your own open source application.

After registering for a new Math Wallet login, clients also have the option to access and test the MathVerse, as well as MathChain, which is a layer 2 blockchain based on Substrate. The company also has its own token that could be used to purchase the firm’s products.

Staking options are supported for various blockchains and the detailed instructions on how these features are activated can be found on the site itself. Lastly, the Math Wallet fees could be tracked by installing MathGas to help you track real time gas prices.

Besides the Android app, Google Math Wallet extension is also available for download.This extension is compatible with several other browsers – Brave, and Edge. If you click on “Other browsers” you’ll get an error page, unfortunately. Not like the site offers a premium user experience, anyway.

Lest we forget that you also have the option to link this soft wallet to either Ledger or WOOKONG Bio (currently sold out).

FAQ