Sandbox teams up with Ledger to bolster Metaverse security

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  • Sandbox has partnered with hardware wallet maker Ledger
  • The two companies will share mutual benefits

Sandbox finds itself in between metaverse top platforms In space, where thousands of users explore its virtual lands for exciting experiences. However, the interest in the platform is not only with gamers looking for fun but also hackers and scammers.

Therefore, Sandbox is raising the bar on security by partnering with one of the best solution providers in the industry, Ledger.

Sandbox protection

On March 23rd, The Sandbox announced a partnership with leading security solutions provider Ledger to expand its portfolio of security and treasury management.

Through this partnership, Ledger will offer security integrations for the metaverse platform’s brand partners, making it easier for them to secure their assets, such as LAND pools and NFTs.

The two companies first collaborated on educating crypto users about security measures in the metaverse in April 2022. This is the second time the two companies have collaborated.

Sebastien Bourget, COO and Co-Founder of Sandbox, added On their relationship with Ledger:

“We have a long relationship with Ledger, and we’re excited to deepen our partnership to provide further security to brands entering the metaverse. We are making it easier for our users to access Ledger and for Ledger clients to access The Sandbox, and that will also make it easier and safer for individuals and brands to thrive in the metaverse.”

Here’s a quick summary of what the partnership will bring:

  • Ledger will add support for sandbox assets in its solutions.
  • The Security Solution Provider will add a Sandbox widget on its desktop application.
  • Sandbox will work with Ledger to recommend its suite of solutions to LAND owners.
  • The metaverse will migrate all NFTs in its block wallet to a secure ledger wallet for added security.

Alex Zinder, Head of Enterprise at Ledger, subscriber Web 3 projects that create or store digital assets are vulnerable to increased hacking, fraud and mismanagement. Sandbox works with many brands, so it should focus on building trust in its security.

on the flip side

  • Sandbox was Recently hacked. The hackers gained access to the employee’s email and sent emails promoting a fake event to the users.

Why should you bother

Sandbox works with many notable brands and new partners on web3. Partnerships with key companies are effective in welcoming new users into the space who are unfamiliar with security measures. As the influx of users increases, the metaverse platform must improve security and make it safer for unaware users.

The partnership with Ledger is a huge step for the metaverse in its commitment to building trust and providing a secure and accessible platform for all users.

Metaverse NFT trading volumes have broken records this year:

DappRadar says Metaverse NFT trading is hitting record highs.

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Sandbox to distribute $600,000 in prizes at the Mars Festival.

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