The Ledger Market has released the Ledger Market X Genesis Pass NFTs, and in less than 24 hours from their official launch, all 10,000 Genesis Ledger NFTs sold out.
Ledger Market released 10,000 Genesis Ledger NFTs on July 26, and according to the team, every one of the NFTs sold out in less than 24 hours. What is worth noting about this drop is that every holder can access the Ledger marketplace’s future drops and a rare Ledger Black-on-Black Nano X.
Holders of the Ledger Market X Genesis Pass NFTs’ access could extend to high-profile projects that the marketplace currently hosts. For instance, the NFT distribution platform already hosts RTFKT, DeadFellaz, Moët Hennessy Louis Vuitton (LVMH), and more.
Genesis Ledger NFTs Sell Out Like Pancakes
Perhaps the primary reason for the Genesis Ledger NFTs selling out like pancakes could be the price per piece. When the 10,000-piece collectibles were minted, the price per piece was Ξ 0.3, or about $439.00 at current prices. Hence, it’s not surprising that the market passes NFTs sold out.
Still, the long-term perks attached to each purchase of the Genesis Pass could have also played a significant role in the NFTs selling out. As mentioned earlier, each holder of the Genesis Ledger NFT is eligible to redeem a Ledger Black-on-Black Nano X.
It’s a limited edition hardware wallet for storing digital assets like NFTs and cryptocurrencies safely and securely. Users of this hardware wallet only need to connect the device to their smartphones via Bluetooth, and their wallets will be accessible within seconds.
Aside from the above, holders of the Genesis Ledger NFTs will be given access to the platform’s future drops. NFT enthusiasts consider such privilege valuable, given the big-name brands collaborating with the team. Nike’s RTFKT is one of the many high-profile projects that will soon be accessible through the Ledger Market.
What can collectors do with their Ledger Genesis NFTs? They can trade them on secondary marketplaces. However, it must be noted that Ledger will collect 7.5% royalties for each Genesis Pass sale on secondary markets.
Getting to Know the Ledger Market
What is the Ledger Market all about? It’s a multi-chain NFT distribution platform that describes itself as “the world’s first-ever secure mint platform for curated NFT drops.” Put bluntly, Ledger created an NFT marketplace that is just as safe and secure as the physical hardware products the brand is known for.
How secure is the Ledger marketplace? For one thing, users can only access it through Ledger Live, which is a secured virtual ecosystem. Once in, collectors can only start minting digital assets via clear signing. Currently, it is considered the safest way to mint NFTs.
Which NFT Projects Are Available on Ledger Market?
Aside from the NFT projects mentioned previously, Ledger Market will soon offer new NFTs from TAG Heuer. And because of Ledger’s innovative features covering safety, it would be a breeze for NFT enthusiasts to mint collectibles.
This is just Ledger’s maiden foray into NFT trading. Pretty soon, Ledger Market’s list of partners will expand, facilitating NFT minting safely.
“Ledger Market’s value proposition is three-fold. First, it is built on Ledger’s world-class security standards,” Ledger VP Sebastien Badault said.
“Second, Ledger Market is built to be inclusive. It will be accessible to creators, brands, and newbies. Third, Ledger Market is a turnkey solution enabling true ownership and control over NFTs, from minting to storing, for all industry players.”
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