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TON recently launched the W5 Smart Wallet, marking a significant advancement in blockchain technology by facilitating gasless transactions. This new wallet allows users to perform transactions with USDT and Notcoin without needing to hold Toncoin, traditionally required for completing transactions. This development aims to eliminate entry barriers for new users, thereby fostering broader adoption of blockchain technology.
Despite the innovative leap, Toncoin experienced a 6% drop in price, reflecting the overall downward trend in the cryptocurrency market. However, TON's collaboration with Animoca Brands for a $20 million token swap anticipates building a massive interconnected consumer platform, potentially engaging over 1.6 billion users. This partnership is expected to drive user acquisition and enhance the integration with the PointFi network.
The W5 Smart Wallet offers several features that improve the user experience, such as the capability to process up to 255 transactions simultaneously, which is particularly beneficial for managing multiple NFTs or implementing security enhancements like two-factor authentication. The rollout of this wallet is set to expand to other self-custodial wallets soon, promising a wider availability of gasless transaction options across the TON blockchain.
7 сен 2024
