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Binance Web3 Wallet now supports ERC-404 for Inscriptions Marketplace airdrop



Binance Web3 Wallet now supports ERC-404 for Inscriptions Marketplace airdrop

The Binance Web3 Wallet has recently introduced updates, such as the launch of the Inscriptions Marketplace, support for ERC-404 tokens, improvements to the user interface and experience, and the integration of 24 new decentralized applications (dApps) across five additional networks.

These networks, namely Manta, ZetaChain, ZKFair, Metis, and Scroll, extend the wallet’s connectivity options, contributing to a more versatile and inclusive Web3 environment.

Throughout February 2024, Binance Web3 Wallet broadened its ecosystem by integrating 24 new dApps, thereby offering users an extended array of services and reinforcing its support for a dynamic Web3 ecosystem.

Additionally, the Inscriptions Marketplace will help facilitate the creation and exchange of inscriptions, both with BRC-20 and EVM tokens. An exclusive airdrop within the Inscriptions Marketplace is ongoing until April 3, 2024, which presents users with an opportunity to share in rewards exceeding $1 million.

Binance Web3 Wallet is a self-custody crypto wallet within the Binance app that offers users a secure and streamlined method to manage their cryptocurrencies, execute token swaps across multiple chains, earn yields, and interact with a variety of blockchain platforms. 

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It is designed to be simple, convenient, and secure, with features like MPC (Multi-Party Computation) technology, wrong address protection, and malicious contract detection to ensure the safety of users’ assets

ERC-404 is an experimental token standard on the Ethereum blockchain that combines features of ERC-20 (fungible tokens) and ERC-721 (non-fungible tokens). This hybrid nature allows tokens to switch between being fungible and non-fungible based on their use case or context, enhancing their utility and offering new opportunities in the digital token space.

Projects like Pandora, DeFrogs, Monkees, Punks404, and EtherRock404 are among the early adopters of ERC-404, showcasing its potential in the digital asset market.

The networks Manta, ZetaChain, ZKFair, Metis, and Scroll have gained significant traction in the industry from late last year to the present. This is evident through their widespread acceptance and engagement within the user base.

Some of these networks have executed substantial airdrops, contributing to large user adoption, while others may have planned or upcoming airdrops that are anticipated to attract a substantial user base upon release.

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