Lore, an onchain community capital platform, helps managers create investment products and investors to buy them. At the heart of their infrastructure is a multiplayer wallet, built for crowdfunding and management by multiple admins. 

‍

With new asset classes and chains being created daily, the breadth of Lore’s platform offering and infrastructure needed a major multichain overhaul. Furthermore, Lore is uncompromising on user sovereignty and needed a solution that allowed the multiplayer wallets to connect to any dapp.

‍

To ensure their product offered the right balance of security, flexibility, and compatibility, Lore partnered with Portal to innovate on a new kind of multi-admin, purely noncustodial, multi-chain wallet. With this core infra problem solved, Lore is ready to bring new kinds of investment products to the world!

The Challenge

Lore’s previous wallet provider was limiting the features offered to their users. They were looking for infrastructure that used MPC technology to ensure high levels of security and decentralization without compromising the UX and design of the app. 

Benefits of Portal for Lore

1. Non-custodial by design: Lore’s biggest concern is that users remain in control of their funds. The system must be optimized for ownership. Portal never holds users secrets—not during setup, recovery, or during day-to-day operations. Other offerings rely on backend key sharding or server-side recovery, which is less desirable. This design also supports a durable regulatory strategy for Lore as the wallets can never be considered to cross over into custodial territory.
2. Security of TSS MPC for multi-admin wallets: With a group fund, Lore needs a wallet that is simple for anyone to use but secure enough to handle the complexity of having multiple owners. Lore can not only require multiple approvals for transactions using Portals’ novel TSS MPC architecture, it can confidently build group wallets that remain in control of only assigned owners. 
3. Encrypted backup key sharing: Backup keys are shared client-side through encrypted links, meaning at no point does Lore hold or transmit encryption secrets. This mechanism is not only secure, private, and compliant—it’s user-friendly.
4. Aligned with the decentralization ethos: Lore is committed to building a product that is genuinely non-custodial. By using Portal, they remain in step with the ethos of genuine user ownership, as recovery is not reliant on backend mechanisms owned by either Portal or Lore.
5. Innovative UX: Users will soon be able to access multiple wallets with a single Passkey (e.g., a user-embedded and fund-embedded wallet can both open simultaneously with a single biometric unlock). This simplified experience makes wallet management simpler without compromising security—a first in the space.
6. Cross-Network Support: Lore funds require the ability to purchase assets from across EVM as well as Solana. Portal’s wallet infrastructure supports these chains, allowing for a smooth in-app experience with a broad set of investment opportunities for users.
7. Developer-friendly Web SDK: Portal offers all the necessary building blocks for Lore to get their product into the hands of users quickly, securely, and with a custom-branded experience.

‍

For more information about Lore, visit lore.xyz. To try Portal for free, click here.