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Binance has announced updates to its Web3 Wallet, including introducing an Inscriptions Marketplace and support for ERC-404 tokens.
The <a href="https://www.binance.com/zh-CN/blog/ecosystem/binance-web3-wallet-levels-up-inscriptions-marketplace-erc404-support--more-711943634081466404" data-type="link" data-id="https://www.binance.com/zh-CN/blog/ecosystem/binance-web3-wallet-levels-up-inscriptions-marketplace-erc404-support--more-711943634081466404" target="_blank" rel="noopener noreferrer nofollow">updates</a> are part of Binance’s effort to enrich the decentralized web experience by facilitating fractionalized NFT collections and simplifying asset management.
The expansion of the Web3 Wallet ecosystem now encompasses the <a href="https://crypto.news/binance-integrates-new-dapps-web3-wallet/" data-type="link" data-id="https://crypto.news/binance-integrates-new-dapps-web3-wallet/" rel="noopener noreferrer nofollow">integration</a> of 24 new decentralized applications (<a href="https://crypto.news/tag/decentralized-applications/" data-type="link" data-id="https://crypto.news/tag/decentralized-applications/" rel="noopener noreferrer nofollow">dApps</a>) and five new networks, reinforcing Binance’s commitment to a dynamic and comprehensive ecosystem.
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 We've had some big <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> Web3 Wallet updates in 2024! 🔸 Introduced the Binance Inscriptions Marketplace 🔸 Semi-custody wallets can now be upgraded to self-custody 🔸 Support for ERC404 &amp; 24 new dApps More on the updates here 👇<a href="https://t.co/NgC1le5ue2" target="_blank" rel="noopener noreferrer nofollow">https://t.co/NgC1le5ue2</a>— Binance Web3 | NFT | Inscriptions (@Web3WithBinance) <a href="https://twitter.com/Web3WithBinance/status/1761036578829578589?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 23, 2024</a>
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Among the advancements is the support for <a href="https://crypto.news/what-is-the-erc-404-token-standard/" data-type="link" data-id="https://crypto.news/what-is-the-erc-404-token-standard/" rel="noopener noreferrer nofollow">ERC-404</a> tokens, which facilitate fractionalized 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 Pandora’s success, suggests a growing interest in innovative <a href="https://crypto.news/the-future-of-ownership-belongs-to-asset-tokenization-opinion/" data-type="link" data-id="https://crypto.news/the-future-of-ownership-belongs-to-asset-tokenization-opinion/" rel="noopener noreferrer nofollow">tokenization</a> methods.
For users with semi-custody wallets, <a href="https://crypto.news/tag/binance/" data-type="link" data-id="https://crypto.news/tag/binance/" rel="noopener noreferrer nofollow">Binance</a> is offering an upgrade to full self-custody wallets, emphasizing the importance of user autonomy and security.
Additionally, Binance is hosting an exclusive <a href="https://crypto.news/ordinals-explained-new-era-of-nfts-on-bitcoin-network/" data-type="link" data-id="https://crypto.news/ordinals-explained-new-era-of-nfts-on-bitcoin-network/" rel="noopener noreferrer nofollow">Inscriptions</a> Marketplace Airdrop from Feb. 22 to Apr. 3, allowing participants to share in over $1 million worth of rewards.
Read more: <a href="https://crypto.news/binance-launchpool-features-new-47th-project-bnb-reacts-with-surge/" rel="noopener noreferrer nofollow"> Binance Launchpool features new 47th project, BNB reacts with surge </a>

Binance Web3 Wallet adds inscriptions marketplace, supports ERC-404

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