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Wallets are an essential part of daily life, and no I don’t mean the physical-fiat holding wallets. I’m talking about crypto wallets. Wallets which store digital currencies, NFTs (though you probably want to hide the worthless ones), and digital identities.
Most crypto owners would barely give a thought about their wallets (other than the value of it) but ultimately, these wallets are the backbone of the industry. Without them, performing transactions would be rather difficult. Wallets are expected to hold an even greater importance in the near future, with them being used as a gateway to crypto. This can range from using them for trustless logins (to web3 applications), a way to purchase crypto for the first time, and even representing one's digital identity.
Funds and innovative minds have seen the potential wallets hold, with many new wallets mushrooming up and raising large amounts of funds from investors.
