Ledger, the creator of Web3’s leading cold wallet, just announced the release of a new non-fungible token (NFT) and crypto hardware wallet. The Ledger Stax wallet will let users display their favorite NFTs and securely store over 5,000 coins.
For the release of the Ledger Stax wallet, Ledger worked with Tony Fadell, the designer of the iPod. The Ledger Stax device was designed to be user-friendly and accessible to Web3 non-natives.
Here’s what we know about the device:
- Features a curved E Ink touchscreen with paper-like feel
- User-friendly interface allows users to manage their NFT collections and over 5,000 coins
- Can display NFT artwork even when device is turned off
- Uses a USB-C connection to connect to laptops, Bluetooth to connect to the Ledger Live Mobile app on smartphones, and Ledger Connect to connect with Web3 apps
- Supports wireless Qi charging
Buyers will receive an Infinity Pass — a free NFT from Ledger that comes with the promise of future utility. Ledger Stax NFTs can also be minted on the Ledger Market, unlocking limited artwork from the company’s artists. Minting priority is given to Ledger Market Genesis Pass holders.
According to Pascal Gauthier, CEO and Chairman of Ledger, Web3 is becoming more about “identity and digital ownership,” not just cryptocurrencies. The Ledger Stax wallet aims to further Ledger’s mission of providing the most secure storage options for NFTs and digital assets.
Ledger is known for its Ledger Nano series, the most successful digital asset security hardware ever made. Over five million have been sold, and none have been hacked.
The Ledger Stax will be released in Q1 of 2023 but is now available for pre-order on Ledger.com. It is also expected to become available at retailers like Best Buy in the U.S. in the coming months.
Ledger Continues to Build Through Bear Market
The new innovative NFT hardware wallet from Ledger is big news. But the company has been making moves in Web3 all year. At Rarity Sniper, we’ve reported several stories about Ledger this year. Here are our top headlines.
First, at the beginning of the year, Ledger partnered with luxury fashion brand Fendi to create accessories for Ledger hardware wallets. It marked the first time a luxury brand had worked with a hardware wallet company for a fashion accessory.
Next, on April 5th, 2022, Ledger announced it had purchased 36 LAND parcels in The Sandbox metaverse. The company intends to use its virtual land to educate people on how to safely store digital assets like NFTs and cryptocurrency.
Finally, four months ago, Ledger launched its first NFT collection, and it sold out in under 24 hours. “The Ledger Market Passes — Genesis Edition” consisted of 10,000 unique digital asset priced at 0.3 ETH each. Purchasers of the NFTs received a Ledger Black-On-Black Nano X cold storage device.
At a time when security and safety are on minds of many Web3 natives, Ledger is doing as much as anyone to provide people with the safest methods of buying and storing digital assets. We’ll have to wait until 2023 to see if its chicly designed Ledger Stax wallet is a hit with users. But so far, the company has only put out quality products, and we’d expect nothing less from this release.