Tech

Ledger offers two NFTs – The Cryptonomist

12/19/2022
Bitcoin Ethereum News

Ledger has raffled off two Art NFTs for users who pre-order its new Stax crypto-wallet hardware. The French company continues to innovate the industry at the expense of centralized crypto-exchanges and wallets. 

Ledger Stax and the Art NFTs

Earlier this month Ledger launched its innovative new Ledger Stax crypto hardware-wallet, conceived by the designer of the legendary Apple iPod. 

During the pre-order period on Ledger’s official market site, users were also able to order the “Ledger STAX NFT Bundle” to receive 2 free Art NFTs along with the wallet. 

Specifically, this is an initial NFT called “Ledger Stax NFT,” for the purchase of a Ledger Stax on the manufacturer’s store (available starting today, Monday, 19 December 2022). And then, a second NFT, from the “Art on Ledger Stax” collection, which can be minted in March 2023.

This one from Ledger seems to be an important milestone in his ‘historical journey,’ leading the French company to continue to innovate in this rapidly evolving industry. Here are its comments on the matter:

Ledger Stax: crypto and NFTs are safe

The new Ledger Stax was launched earlier this month with the aim of keeping its users’ crypto and NFTs safe, thanks to its EAL 5+ certified security elements.

What makes the new device even more convenient and straightforward is its creator Tony Fadell, an American engineer and former senior vice president of Apple’s iPod division. 

Basically, among the various peculiarities of the new Ledger Stax are a battery that can last for weeks on a single charge, Qi wireless charging, and an array of magnets for magnetic stacking. 

Not only that, a special USB-C connection allows the new Stax to connect to your computer, while with Bluetooth technology it connects to Ledger’s mobile app. The new user interface is also clearer and more intuitive. 

In general, the new hardware wallet is about the same size as a credit card, with a customizable e-ink touch screen and capacitive touch. 

Security today 

The new Ledger Stax for crypto and NFTs comes at a very delicate historical moment for the crypto community, marked precisely by the collapse of the FTX crypto-exchange.

Not surprisingly, hardware wallets allow users to be able to manage their assets by owning their private keys, something that does not happen with centralized cryptocurrency exchanges and wallets. 

For this very reason, Binance, Kraken and other popular industry players are struggling with their Proof of Reserves, which would provide assurance to their users that their funds held by the platforms are liquid. 

In the specific case of Binance, it recently appears that its Proof-of-Reserve webpage was deleted, which may not have convinced analysts. As the most popular of the crypto-exchanges is working on the case, Changpeng CZ Zhao would not elaborate on Twitter, but shared the following:



Source: https://en.cryptonomist.ch/2022/12/19/ledger-offers-two-nfts/