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Binance has announced updates to its Web3 Wallet, including the introduction of a signup marketplace and support for ERC-404 tokens.
He updates are part of Binance's effort to enrich the decentralized web experience by facilitating fractional nft collections and simplifying asset management.
The expansion of the Web3 Wallet ecosystem now encompasses the integration of 24 new decentralized applications (dApps) and five new networks, reinforcing Binance's commitment to a dynamic and comprehensive ecosystem.
Among the advancements is support for ERC-404 tokens, which facilitate fractional nft collections by combining the ERC-20 and ERC-721 standards, eliminating the need for intermediaries.
The introduction of the ERC-404 token, exemplified by the success of Pandora, suggests a growing interest in innovative tokenization methods.
For users with semi-custody wallets, Binance offers an upgrade to full self-custody wallets, emphasizing the importance of user autonomy and security.
Additionally, Binance is hosting an exclusive Inscriptions Marketplace Airdrop from February 22 to April 3, allowing participants to share over $1 million in rewards.
