On the 26th of July, 2022, Ledger announced the launch of a renowned NFT marketplace. This is the first marketplace of its kind. It is a safe platform for distributing NFT drops from famous and top artists and brands.
The [L] market offers features like high-quality security. This is an upgrade for the NFT marketplace as it has frequently been a victim of fraud and hacks. In a report, the US Federal Trade Commission stated that about 46,000 customers had paid the price of insecure NFT ownership. This has resulted in a loss of $1 billion. The market share held by Ledger remains the biggest and safest among cryptocurrency wallets. Presently, they secure over 20% of digital assets and cryptocurrency sold in over five million wallets worldwide.
Launching the Ledger NFT marketplace is a solution to people’s concerns over insecurity. This is a cogent reason for brands to utilize this innovation. Ledger’s NFT marketplace is open to interested users.
Sebastien Badault, Ledger’s metaverse vice president, stated that the NFT ecosystem is evolving quickly, yet these digital treasures must be preserved indefinitely. In less than a day, Ledger recorded 10,000 market passes, which implies that the Genesis edition is sold out. This proves that Ledger provides relevant and risk-free solutions to customers and creators.
Ledger keeps expanding in the digital space. They have secured a large portion of the most valuable digital assets worldwide, which includes 40% of Bored Apes and 45% of Open Sea’s top transactions. They now ship globally and offer over nine languages.
In a world where fraud, hacks, and other cybercrimes are common, Ledger equips creatives and users with a tool that guarantees maximum security on Web3. Ledger’s agenda seems to be more crucial now than ever before.