Ledger unveils Stax, a new cutting-edge storage key
At the Ledger Op3n event in Paris, French unicorn Ledger unveiled its Stax hardware wallet designed in partnership with American engineer Tony Fadell, one of the former Apple figures often referred to as the "father of the iPod".
FACTS
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It is the size of a credit card (85mm × 54mm × 6mm) unlike previous models, which were more like a USB stick, and weighs 45 grams.
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The digital asset security company has already found more than 6 million takers and is said to protect more than 20% of crypto assets worldwide.
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The launch price will be $279 for the wallet, which will support more than 5,000 crypto-currencies. Pre-sales are already underway, as it is possible to pre-order the product now.
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The estimated delivery date is March 2023.
CHALLENGES
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Changing the design to improve functionality.... Ledger Stax: Its design is closer to a smartphone It will be able to offer more navigation to the product's users, with a much larger screen than before which will considerably optimise navigation and asset management. Ledger Stax will allow for the display of more transaction information as well as the viewing of NFTs.
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.... to democratise its use: "We absolutely had to have a tool that truly accompanies users, allowing everyone, not just geeks, to take control of the security of their digital assets," commented Tony Fadell, designer of Ledger Stax, in a press release.
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Confirming Ledger's place within the crypto-currency industry as a leader and trendsetter in security keys.
MARKET PERSPECTIVE
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Sales of the Nano S plus or Nano X security keys have exploded, and the crisis of confidence in online platforms with the collapse of FTX in November has led a number of investors to turn to cold storage solutions.
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Indeed, the phrase "Not your keys, not your coins" seems to be the current buzzword with investors redirecting their attention to Ledger keys.
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Recently, the French nugget also launched its Crypto Life card in Europe. Offered in partnership with Baanx, it allows you to spend crypto-currencies and generate cashback.