Published
2 months ago on
February 24, 2024
Binance’s Web3 Wallet has introduced the Inscriptions Marketplace and added support for ERC-404 tokens, catering to the growing interest in NFT collections.
The marketplace streamlines the minting and trading of inscriptions, enhancing the user experience with decentralized applications.
The Binance Web3 Wallet team has announced upgrades, including integrating the ERC-404 token standard, to enhance the user experience.
ERC-404 combines ERC-20 and ERC-721 functionalities, allowing for seamless integration with new dapps and networks. Pandora (PANDORA), the first ERC-404 token, saw a significant price surge from $250 to $32,000 within a week of its launch in early February. This success prompted other developers to launch their own ERC-404 tokens.
Users can expedite transactions using the Inscriptions Accelerator and benefit from integration with new networks.
Additionally, Binance announced a $1 million airdrop to reward participants, further solidifying its commitment to innovation and community engagement in the cryptocurrency space.
Image Credit: Shutterstock
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Binance Web3 Wallet Enables Inscriptions and ERC-404 Tokens
was first posted on February 24, 2024 at 9:11 pm.
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