Popular investment app, Robinhood is working on releasing a web3 wallet to wipe out network fees. The web3 wallet aims to improvise NFT’s capabilities similar to its crypto wallet. Users can join the waitlist for early access to the significant release.
Powering NFT’s activities
The Robinhood web3 wallet boasts to allow trading and swapping of crypto with no network fees at all. The brand new digital wallet will be non-custodial allowing full control of crypto to the customers. Additional perks include seamless access to the decentralized web and every other opportunity that crypto will offer.
“Customers will be able to hold the keys for their own crypto and access dapps to: Trade and swap crypto with no network fees, Store NFTs and connect to NFT marketplaces, and Earn yield Access a variety of crypto assets.”
The web3 multichain wallet will be launched as a stand-alone application. Keeping their focus on maintaining the simplicity and accessible design that they are known for is crucial to them. As the initiation of waitlisting has already created a buzz. The waitlisted users can expect invitations to join the beta program by this summer, said the team. By putting the beta version out before summer, the wallet is expected to roll out fully by the end of the year. Vlad Tenev, co-founder and CEO of Robinhood stated in the release:
“At Robinhood, we believe that crypto is more than just an asset class.”
