Ledger announces limited edition NFT-focused hardware wallet, partnership with POAP

The company said its "Genesis Edition" will have a limited supply of 10,000 devices available for pre-order.

Hardware wallet company Ledger announced on Tuesday that it would release a limited edition of a brand new hardware wallet, the Ledger Nano S Plus, with only 10,000 devices available for pre-order at $79 each. In addition to the event, Ledger announced a global partnership with Ethereum-based Proof of Attendance Protocol, or POAP.

POAPs are referred to as digital memories of nonfungible tokens, or NFTs, as they show proof of engagement and attendance for key moments. In January, Ethereum's co-founder Vitalik Buterin highlighted the potential importance of making NFTs soulbound to enable proof of achievement. 

"Securing and protecting your digital memories, like the POAP you can collect with your Ledger Nano S Plus, is a must for anyone building their lifelong collection," said Lucas Verra, CEO of POAP. The Genesis Edition of the Ledger Nano S Plus will feature a special engraving. Each package will also include a card redeemable for a Genesis POAP NFT, allowing users to carry proof of this exclusive hardware wallet in their digital wallets as well. POAP will also be minting special edition NFTs for Ledger events in the future. Ian Rogers, Ledger's chief experience officer, gave the following remarks regarding the development:

"This partnership with POAP and launch of the Ledger Nano S Plus Genesis Edition at an affordable price marks the acknowledgment that digital assets will only increase as a tool for life experiences, and we want to bring millions more into Web3 securely; as it happens."

The Ledger Nano S Plus is the first hardware wallet Ledger has released since the debut of the Ledger Nano X in 2019. The firm says it has sold over 4.5 million Ledger Nano hardware wallets and nearly 20% of the world's digital assets secured by Ledger devices. The Nano S Plus supports every type of digital asset, from over 5,500 coins and tokens to NFTs.