In a recent AMA hosted by Binance CEO Richard Teng and co-founder Yi He, He discussed the future plans for Binance's Web3 Wallet. Previously, there was hesitation to support inscriptions within the wallet. Binance anticipated that inscriptions might experience similar market behavior to NFTs, characterized by a cyclical high popularity but subsequent uncertainty after the initial hype fades. This led to Binance not investing heavily in the area of inscriptions.
However, considering user requirements and market demand, Yi He acknowledged that Binance couldn't base their product decisions on individual preferences. Prioritizing user satisfaction, she announced that Binance is currently increasing its investment in the inscription field for their Web3 wallet.
She affirmed that Binance is taking these steps in a bid to continually evolve and enhance their products in line with user needs, showing the company's commitment to staying abreast of user demands and market trends.