All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.
Here’s what you missed at the 2022 edition in Paris
Some big announcements were made at Ledger Op3n in Paris 2022, including a new hardware wallet and browser extension. The atmosphere was heavy with anticipation of what the future holds for Web3. NFTs are clearly a big part of Ledger’s vision, the company brought together a number of creators and brands to discuss the ever-evolving metaverse. So without further ado, here’s what you missed at Ledger Op3n this year:
The new hardware wallet with touch screen: Ledger Stax
Of course, the big ticket item on the agenda at Ledger Op3n 2022 was the unveiling of Stax, a cold wallet from the inventor of the iPod. This new touchscreen features an improved design while retaining the same trusted security as the Nano and Nano X. Thee-ink screen will display your NFTs even when they’re off, and the improved usability makes it “delightful” to interact with . Ledger Stax is available for pre-order now, and could hit your doorstep in the first few months of 2023.
A browser extension for the future: Ledger Connect
Op3n 2022 also gave fans in Paris a chance to see the new online expansion in action. Ledger Connect is designed to be used with Stax or Nano X via bluetooth. This will make trading and buying NFTs from your cold wallets much smoother and it will save you gas costs from transferring your digital assets between wallets.
We also heard from several people in Ledger that NFTs have been central to the development of both Stax and Connect. So we are confident of major improvements in the NFT trading experience in the near future.
Ledger Op3n had a huge focus on user experience
Taking the brand trust Ledger has built up over the years in the security scene, the company is now looking to focus heavily on expanding its use of Web3 and taking the hassle out of NFT trading.
“Once security is provided, we can start moving more and more into the user experience. And Ledger does that.” Juan Leni, Zondax.
The “Adoption at Scale” panel brought together representatives of some global brands. They agreed that confidence in Ledger’s security infrastructure was key in their decisions to invest in Web3. But it was the community spirit and creativity of NFT spaces that particularly attracted Time Magazine into the metaverse, said William Ban.
All of this means that bigger brands and bigger investors will be moving into the metaverse in the coming years. This, they expect, will revolutionize the marketing industry and change how we engage with our favorite brands. How does it affect NFTs?
Ledger Op3n on expanding NFT use cases
The last panel of Ledger Op3n, “New Cultural Identities”, focused on the topic of NFTs. It brought in some great artists and creators, but also some famous names from the non-virtual world. With representatives of high fashion and luxury brands, such as Tiffany co., the focus was largely on onboarding newcomers to NFTs.
Tiffany’s CryptoPunk necklaces and the Breakfastverse from the fashion brand Ambush are both examples of new crossovers between the real world and the metaverse. At Ledger Op3n, their creators talked about how they aim to show people in the luxury fashion world the value of NFTs. With the success of both projects, we can expect to see more luxury and big-name brands moving towards NFTs.
Meanwhile, on other panels, Fvckrender talked about moving to Ledger after a hacking experience. Other panelists talked about the use of NFTs in the art world. Furthermore, there was discussion about NFTs as proof of purchase. Additionally, using Blockchain to ensure creators get credit in future trades was another way Ledger Op3n panelists see the future of NFTs. Also for events and education, the use of NFTs as proof of attendance or fun souvenirs looks set to expand.
