Ledger NFT sold out within 24 hours of launch
Within just 24 hours of launch, Ledger Market sold 10,000 NFTS, including the first-ever secure clear signing mint.
Since NFTs became mainstream in 2021, new marketplaces have started popping up. Currently, there are approximately 250 active NFT marketplaces. However, most platforms do not have the same security features as lasers.
Tight security played a major role in the success of the launch. Users have purchased over 10,000 Genesis Ledger NFTs in less than 24 hours since the marketplace opened. The NFT collectibles were sold for roughly 0.3 ETH – a little over $484 during the sale – per piece.
What exactly is the laser market?
Before going into details about sales, let’s first look at the laser market.
Marketplace is a multi-chain NFT distribution platform. The owners describe Ledger as “the world’s first secure mint platform for curated NFT drops.”
In other words, the ledger was created as a safe place for NFT trading. The owners wanted to create a virtual marketplace just as secure as a physical store
Here’s how the security features work. Programmers only program a single access point to keep the ledger marketplace secure. To enter the market, users must go through Ledger Live, a secure virtual ecosystem.
Ledger allows users to mint their digital assets and create NFTs through clear-signature, providing more transparency. Clear Signing achieves this by allowing users to see all transaction details at the time of signing. The system protects users from common scams like phishing.
But why did Ledger NFT sell out so quickly?
What are the reasons for selling Ledger NFT?
Some believe the answer lies in the low prices of NFTs. A full 10,000-piece NFT collection costs about 3,000 ETH – just under $4.8 million.
Compared to other recently launched collections, the price is more than reasonable. And seeing as how the prices of certain NFT collections have risen, there’s a good chance that owners could make a healthy profit down the line.
But that’s not the only reason, of course. Each purchaser of a Genesis Laser NFT is eligible to redeem a rare Laser Black-on-Black Nano X.
Nano X is a limited edition hardware wallet that allows you to securely store digital assets such as crypto coins and NFTs. You just need to connect your smartphone to the wallet via Bluetooth and your digital assets can be accessed within seconds.
Also, Genesis Ledger holders will be given access to future drops. As the shoe market has announced a number of high-profile collaborations – such as the Nike RTFKT project – Genesis holders can rest assured that their investment will pay off.
Closing Thoughts
Everything we’ve talked about here is just the beginning of the laser market. Their list of partners will expand, more NFTs will be collected, and the marketplace will continue to grow.
Ledger Market was built to be inclusive and accessible to all creators, organizations and crypto enthusiasts. The success of the Genesis NFT sale is a strong indication that they are on the right track.
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