Crypto Hardware Wallet Provider Ledger partners with The Sandbox
- Ledger partners with The Sandbox to promote crypto education in the metaverse.
- The new partnership aims to bring security into The Sandbox’s world.
- The metaverse space continues to interest users and institutions alike.
Ledger Promoting Crypto Education
During the Non-Fungible Conference (NFC) held in Paris, Ledger CXO Ian Rogers announced a collaboration with metaverse project, The Sandbox. On Monday, Rogers revealed that the new partnership aims to bring security into The Sandbox’s world and provide Ledger with a place in The Sandbox (SAND) to educate people about crypto.
Both the firms, Ledger and The Sandbox, are to benefit from this partnership. The Ledger will also provide SAND owners with custom Ledger Nanos as part of the partnership.
🔐 We’re partnering with @Ledger to secure the #Metaverse and increase security, education & support for users! They will be building a hub on their LAND, providing users with support alongside learning and gamified experiences inside #TheSandbox! pic.twitter.com/kfTWECRp95
— The Sandbox (@TheSandboxGame) April 4, 2022
Furthermore, Rogers stressed how the most critical part of the partnership with The Sandbox would be educating people about security. Ledger CXO also thanked The Sandbox, its Co-founder and Chief Operations Officer Sebastien Borget, for this opportunity.
As of now, Ledger hasn’t announced further plans or more details about the partnership. Interestingly, Ledger has been actively expanding its operations beyond traditional cryptocurrencies like bitcoin (BTC) and towards newer arenas like the metaverse and NFTs.
NFTs and Metaverse Still Going Strong
Of late, institutions have been jumping on the metaverse bandwagon amid rising demand for the technology among users. The firm behind popular meme token Shiba Inu recently announced further details about its upcoming metaverse.
Furthermore, The Sandbox had announced a partnership with the NFT profile picture project World of Women (WoW) in early March. The partnership would see the metaverse project provide $25 million in grant funds to found the WoW Foundation.
In early March, Ledger had announced the release of a limited edition of the Ledger Nano S Plus, a brand new hardware wallet supporting NFTs by design. This growth in the number of firms entering the metaverse highlights the sheer rise in interest in the sector.