Yet they are the most important part of web3 now.
Why is this the case?
If you want to be in web3, you need a wallet.
Just like if you want to be in web2, you need an email and a browser.
Everyone has them these days.
The same will be true for web3.
Everyone will have a wallet soon.
In the future, your crypto wallet will:
• Have your on-chain identity
• Connect to your bank account
• Hold any crypto assets you might have
• Store your certificates, diplomas, and other credentials
• Keep your NFTs and other collectibles that act as digital tickets
Your wallet will also be the gateway to your decentralized social media and metaverse accounts.
So, instead of typing a username/password to log in, in web3 you will be asked to 'connect' your wallet.
But we still don't have a very user-friendly wallet.
Often you need several wallets as they don't support all chains.
And many people hate having to store 12-word seed phrases.
So we are still waiting for THE ONE that will revolutionize the space.
Just like Netscape Navigator did for the Internet and Gmail did for email.