Apr 26, 2023
The Sandbox & Ledger Enterprise Partner to Secure NFTs
The Sandbox, a decentralized metaverse platform, has announced a new collaboration with security solution provider Ledger Enterprise. The partnership will provide a number of initiatives to benefit both companies, including the integration of The Sandbox as a DApp on Ledger Enterprise, as well as a widget in the Ledger Live desktop application. This will enable users to migrate their nonfungible token (NFT) collections to the Ledger Enterprise wallet.
The Sandbox and Ledger have been working together since the beginning of 2022, promoting crypto security education through a game called School of Block. Ariel Wengroff, the VP of Communications at The Sandbox, expressed enthusiasm for the experience.
The partnership comes shortly after Ledger raised $109 million (100 million euros) in a Series C funding round extension. The capital, provided by investors such as VaynerFund, Cité Gestion SPV, True Global Ventures, and Digital Finance Group, will be used to expand the company’s distribution network, increase production, and develop new products.
The Sandbox is also actively broadening its partnerships network. In February, the company signed a memorandum of understanding with the government of Saudi Arabia to explore, advise, and support each other in metaverse development. The Sandbox has also partnered with a variety of big names, including Snoop Dogg, Gucci, Tim, Atari, HSBC, and Warner Music Group.
The collaboration with Ledger Enterprise will help The Sandbox to promote NFT marketing and NFT promotion, as well as help them to better sell NFTs. Ledger will also be promoting The Sandbox metaverse to its clients, and The Sandbox will be recommending the Ledger Enterprise wallet to its LAND owner ecosystem. This will enable users to leverage the Ledger wallet for secure storage of their NFT collections.
The partnership will also open up new opportunities for NFT marketing, as well as for NFT promotion through Twitter. With the help of a dedicated NFT marketing agency, The Sandbox and Ledger Enterprise will be able to take advantage of the power of social media to reach a wider audience and promote their products and services.
The collaboration between The Sandbox and Ledger Enterprise will be a great opportunity for both companies to leverage the power of the web3 space and promote their products and services. It will also help to create a secure and reliable environment for users to store their NFT collections and use them for marketing and promotion. With the help of a dedicated NFT marketing agency, the two companies will be able to take full advantage of the potential of the web3 space.
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