Ledger has created a new hardware wallet for NFTs!

Ledger Releases NFT Wallet

Hardware crypto wallets have gained popularity in recent weeks as consumers look to protect their digital assets in the wake of industry-changing events like the collapse of FTX. Ledger’s Head of Experience, Ian Rogers, reported the company’s best-selling day to date. The failure of the top companies in the industry points to the growing demand for hardware crypto wallets.

The Ledger Stax is the newest member of the company’s line of hardware devices, which includes the Nano S Plus and Nano X. Ledger aimed to create a more stylish and practical device with the Stax than the Nano S. CEO and Chairman Pascal Gauthier also believes that the iPod-like wallet will be more widely adopted than a USB drive.

Each Ledger Stax comes with an Infinity Pass that provides users with a free NFT that could potentially bring benefits. In addition, Ledger Market offers Ledger Stax NFT mining to access exclusive NFT artworks from the company’s carefully curated network of artists. Genesis Pass holders have priority access to this draw.

What Are the Innovations in the Hardware Wallet?

The new crypto wallet, about the size of a credit card, is able to manage NFT collections, over 500 tokens, and digital assets. The interface of the new wallet is also much more user-friendly than previous versions of the Ledger wallet.

The company aims to release the Ledger Stax in Q1 2023. However, preorders are already being accepted on the official Ledger website. It will be available at Best Buy in the US in the coming months and can also be connected to laptops via USB-C, smartphones via Bluetooth and the Ledger Live Mobile software, and even smartwatches.

The company's new crypto wallet extension, Ledger Connect, will allow for connection to Web3 applications. The Ledger Stax can also be wirelessly charged with Qi. The E-ink screen is similar to a Kindle and can display NFTs even when the device is closed. According to Ledger, the battery can last for weeks or even months on a single charge. The first 10,000 products sold will include a free, convertible NFT.

The wallet has built-in magnets that allow for easy stacking of multiple devices and is the size of a credit card. The exterior features an e-ink display that displays transaction data and NFTs surrounding the device. The selling price for the Ledger Stax will be $279, compared to $79 for the Nano S Plus and $149 for the Nano X.

Features of the Ledger Stax

• Dimensions: 85mm x 54mm x 6mm (the size of a credit card in length and width).
• Ledger is certified with EAL 5+ security elements.
• Screen type: Customizable always-on lock screen with capacitive touch and E Ink.
• Screen resolution: 672 x 400 pixels.
• Weight: 45g.
• USB C and Bluetooth 5.2 connectivity.
• Series of magnets for suitable stacking.
• Qi wireless charging.