Ledger has formalised a partnership with The Sandbox (SAND) to educate metaverse participants on the security of their cryptocurrencies. The announcement took place on Monday, on the first day of the Non Fungible Conference (NFC) in Lisbon.
Ledger and The Sandbox partner on security
At the Non Fungible Conference (NFC) in Lisbon, which kicked off on Monday, Ledger and The Sandbox marked the day by announcing a partnership.
The two brands are references in their sector, the first for its hardwares wallets, and the second for its metaverse. The announcement was made official when Ian Rogers, Ledger’s Chief Experience Officer, spoke at the event:
Did you listen to @iancr‘s keynote at @NFCsummit?
If you did, you probably heard some exciting news about Ledger partnering with a little Metaverse project called @TheSandboxGame..
Keep your eyes and ears open for more info, coming soon! pic.twitter.com/teBZnzSbeM
– Ledger (@Ledger) April 4, 2022
Through this partnership, Ledger will conduct safety education and prevention activities directly in The Sandbox metaverse. While we don’t yet know what form this will take, Ian Rogers has announced that SAND owners will receive personalised Ledger Nano keys
The importance of knowing how to protect your assets
From Ian Rogers’ perspective, the deal also has a marketing purpose, as he says someone who is educated about security issues is also more likely to become a customer of the company:
The reality is that educated people become Ledger customers, so we just want to make sure that all people have all the education they need to be safe and to properly manage this incredible right and freedom that they have to own their own assets. “
Moreover, we can’t repeat it enough: if there are huge advantages in knowing how to manage your own crypto-assets on a non-custodial wallet, the best compromise between agility and security remains, to this day, the use of a hardware wallet.
And this notion of security, which for the moment is mainly communicated in the context of decentralised finance (DeFi), is just as valid for metaverses.
Despite the speculative bubble of recent months, this is still a niche phenomenon, the development of which still needs to be worked on, but there is no doubt that metaverses will also be confronted with attempts at hacks and scams. This is why it is important to educate oneself on the right reflexes to have.
In this respect, the partnership between Ledger and The Sandbox is very relevant, as it is likely that novices will enter the world of blockchain for the first time through metavers.
