Ledger, a French cryptocurrency wallet business, will use virtual reality from The Sandbox to educate people about cryptocurrency security. The company is a leading manufacturer of hardware cryptocurrency wallets, which are physical devices that store a user’s private keys. The French firm has been actively expanding its business beyond standard crypto-currencies such as Bitcoin (BTC) and now supports non-fungible tokens. Ledger released a limited edition Ledger Nano S Plus, a completely new hardware wallet that supports NFTs by design, in early March.
Ledger raised €380 million in June 2021 and is now worth $1.5 billion.
The revelation was disclosed by Ian Rogers, Ledger’s chief experience officer, at the Non-Fungible conference on Monday. According to him, the new alliance intends to bring security to The Sandbox’s environment and give Ledger a role in educating people about crypto.
Rogers expressed gratitude to The Sandbox and Sebastien Borget, the company’s co-founder and COO, for the chance, stating that as part of the agreement, Ledger will provide SAND owners with special Ledger Nanos.
Rogers stated in an exclusive statement that the most crucial aspect of the cooperation will be security education. He explained, “The reality is that educated people become Ledger clients, so we just want to make sure that everyone has all of the education they need to stay safe and effectively handle this great right and freedom of self-deposit that they have.”
“Self-custody provides you a lot of personal freedom, but it also comes with a lot of responsibility. To keep it right and avoid losing it, you must take it very seriously “Rogers continued.
According to a Ledger representative, the business would reveal additional specifics regarding the relationship at a later date.
For MetaNews.