Ledger’s First NFT Collection Sells Out in Less Than 24 Hours

Credit: Ledger

Ledger, the creators of Web3’s leading cold wallet, recently sold out their first ever non-fungible token (NFT) collection in just under 24 hours. Titled “[Ledger] Market Passes — Genesis Edition,” the collection consisted of 10,000 unique digital assets priced at 0.3 ETH each.

The NFTs were created on the Ledger Market, a platform that enables brands and creators to drop NFT collections and provides users with a safe platform to buy and sell NFTs. Users can only access the market through Ledger Live, a secure virtual environment. Ledger aims to give its community the safest way to purchase and store digital assets in both the digital and physical realm.

With the purchase of an NFT token from the new collection, owners receive a Ledger Black-On-Black Nano X cold storage device, which can be used to store cryptocurrency and NFTs securely. Access to future NFT drops is also included for holders of a Market Pass NFT.

Furthermore, collaborations with RTFKT and LVMH are rumored to be in development, and new NFT coins from DeadFellaz and TAG Heuer are expected to be offered on the platform soon.

The new Ledger Market Pass NFTs are now available for secondary purchase on the most popular open NFT marketplace OpenSea. Their current floor price is 0.47 ETH. Ledger will receive a 7.5 percent commission fee for each secondary sale.

Despite Crypto Bear Market NFT Collections March On

Even amidst this cold crypto winter, non-fungible token collections are continuing to be minted. At Rarity Sniper, we’ve covered several recent NFT drops from a variety of businesses and brands over the past couple of months. Here are three of the most interesting.

Last week, Francis Suarez, the mayor of Miami, announced that the city would be releasing an NFT collection in collaboration with Time USA, Mastercard, and Salesforce. The 5,000 Ethereum-based NFTs will be created by 56 Miami artists to symbolize The Magic City’s 56 square mile area.

Also last week, Orange Comet released the Degenerative Walkers NFT Collection based on the hit television series The Walking Dead. The follow-up NFT collection allowed Walker Access Pass holders to mint from 5,000 1:1 zombie NFTs with the promise of future airdrops for fans who hold the NFTs.

Lastly, the popular cartoon character Hello Kitty is dropping its own NFT collection on August 25th. The Hello Kitty and Friends Collection will be created with the help of Web3 company RECUR and feature six beloved characters as they travel to eight iconic cities in the metaverse.

Even though times are tough for Web3 fans, the drop in the market hasn’t stopped enthusiasm for NFT collections. Perhaps the news of Ledger selling out a 10,000-piece NFT collection in less than 24 hours is a sign of more good things to come.