Quite apart from whether the concept can succeed after having failed a number of well-funded and well-publicised times—

I open https://shtein.me/api/joke in a normal-enough browser (Firefox Nightly with Enhanced Tracking Protection and uBlock Origin). After loading its 2.3MB response (no useful HTML, just a huge inlined JS blob, and served without transfer compression), it asks me to select a wallet. There are two choices.

I select “Injected” and press “Connect wallet” (ugh, why did it require me to click three times instead of just one!?). Nothing discernible happens. No errors or network activity in the dev tools.

I select “Coinbase Wallet” and press “Connect wallet”. It opens a popup window, <https://keys.coinbase.com/connect?sdkName=%40coinbase%2Fwall...>. The TLS connection fails, PR_END_OF_FILE_ERROR. Operating on a hunch, I discover it’s blocked in India:

  $ curl keys.coinbase.com
  The website has been blocked as per order of the Ministry of Electronics and Information Technology under IT Act, 2000.

(coinbase.com and www.coinbase.com are similarly affected.)

Not sure quite what to make of that, given that https://www.coinbase.com/en-in/blog/coinbase-launches-in-ind... sounds (from the snippet exposed in a search engine) like Coinbase started fully operating in India five weeks ago.

Can’t say it leaves a positive impression.