On September 28, ConsenSys, the company that created the widely used Web 3 wallet, announced that it would be introducing a beta version of a portfolio viewer that would allow users to aggregate their assets across numerous accounts and networks.
The Ethereum software solutions company noted that the new product was developed in response to demands from customers for a portfolio of decentralized applications (dapp). It will compete with similar services from FTX, which in 2020 bought the well-known Blockfolio cryptocurrency portfolio program.
We’re proud to bring you Portfolio Dapp: an entirely new way to manage your tokens and NFTs across multiple chains *and* multiple accounts! ?
Our team has been hard at work on this one and we couldn’t be more excited to finally share it with you?https://t.co/TlRBNwOq9U
— MetaMask ?? (@MetaMask) September 29, 2022
Users of the MetaMask browser extension and mobile app will be able to access the new decentralized application (dapp). In order to do so, they will need to go to portfolio.metamask.io and link their wallets.
It was not clear or obvious when testing whether it would link up to wallets stored on centralized exchanges like Binance. Even though the portfolio lets them connect and monitor other accounts and wallets, like cold wallets, it was not clear or obvious whether it would connect to wallets stored on centralized exchanges like Binance.
Users were able to add their friends’ Ethereum Name Service (ENS) addresses and wallets since the decentralized application (dapp) offered complete support for both types of addresses and wallets. The portfolio is also multi-chain, and it will connect to the Ethereum, Optimism, BNB Smart Chain, Polygon, Fantom, Abritrum, and Avalanche networks.
In addition to that, there is a non-fungible token (NFT) portion that gives users the ability to “get a holistic perspective” of their digital art collections. The company made it clear that the Portfolio View and NFT View features were not the last ones to be implemented, and the company offered consumers a website via which they could submit suggestions for further additions.
In related developments, ConsenSys made the announcement on September 28 that customers of MetaMask Institutional would now have access to prominent custodial providers like Cobo, Floating Point Group, Liminal, and Propine.
As another week comes to a close, the cryptocurrency markets continue to be range bound. According to CoinGecko, there hasn’t been much of a shift in market capitalization over the previous twenty-four hours, as the figure has remained stable at $980 billion.
After hearing the news that a court has ordered the SEC to disclose internal records connected to a speech given in 2018 by former commissioner William Hinman, the value of Ripple’s XRP was the only notable movement among the top assets measured by market capitalization. At the time of this writing, XRP is trading at $0.48, representing a day-to-date increase of almost 10%.