Brave Wallet Unlocks Filecoin & NFT Support, Securing Web3 for Billions

• Brave recently announced new features to support the development, adoption, and use of web3 in Brave Browser and Wallet via Filecoin and IPFS.
• The new features include NFT pinning to IPFS and an Filecoin Virtual Machine integration to access dApps and more on the Filecoin network with Brave Wallet.
• These new integrations will help users secure their NFT metadata and will also gain the ability to pin NFTs locally.

Brave Introduces New Web3 Features

Brave recently announced new features to support the development, adoption, and use of web3 in its browser and wallet. These features include NFT pinning to IPFS (InterPlanetary File System) as well as an integration with Filecoin Virtual Machine (FVM). By integrating these two services into Brave, users can now securely store their non-fungible token (NFT) metadata for added protection against hacking or theft.

Automatic NFT Backups

The new features allow for automatic backups of NFTs that meet certain requirements. Users who are not familiar with IPFS can easily set up this feature within a few minutes. Once setup is complete, compatible NFTs will be automatically pinned locally in the user’s browser. This helps ensure that there is always a copy of both the assets and associated metadata for any given NFT stored safely on the device. However, it should be noted that this feature does not provide additional security against hacking or theft as it only keeps data online using distributed copies across multiple systems.

Filecoin EVM Support

In addition to improved backing up capabilities for users‘ digital assets, Brave has also introduced a feature known as Filecoin EVM (FEVM), which allows users of Brave Wallet to access decentralized applications (dApps) built on top of the Filecoin network more easily than ever before using FVM integration. This gives users greater flexibility when interacting with dApps while ensuring their safety at all times through enhanced security protocols provided by FEVM technology.

Support For Other Chains & Tokenization Standards

Currently only ERC-721 tokens based on Ethereum are eligible for backup pinning but in time support will extend to other chains as well as various tokenization standards being developed around the world today including ERC-20 tokens & DeFi projects like Aave & Uniswap. With these new developments, users can expect even better protection for their digital assets going forward thanks to automated backups provided by Brave’s integrated services alongside enhanced security measures implemented by FEVM technology.

Conclusion

By introducing these two major updates into its platform, Brave is setting itself apart from competitors by providing its users with secure solutions that offer both convenience and peace of mind when dealing with digital assets such as non-fungible tokens (NFTs). Furthermore, filecoin EVM integration ensures that brave wallet holders have access to a range of decentralized applications built upon filecoins blockchain network without compromising on safety protocols put in place by FEVM technology.