Ledger to Build NFT Marketplace and Web3 Platform

Crypto hardware wallet manufacturer Ledger has revealed that it will build its own NFT marketplace, and also launch a Web3 services platform for businesses. The idea is to support brands and artists manage everything along the NFT creation and distribution pipeline.

In a Nutshell:

• The company unveiled the Ledger Market NFT marketplace at the NFT.NYC event, saying that security would be one of its biggest features.
• Businesses that have expressed interest in joining the Web3 platform, called Ledger Enterprise Create, include Tag Heuer, DeadFellaz, and Brick/Babylon.
• Ledger is also launching a Web3 game called Ledger Quest, which teaches players about NFTs and how to earn revenue through them.

What it Means:

• Ledger is the latest big-name in crypto to launch its own NFT marketplace. The company revealed a suite of products and services that could have a sizable impact on the market if they prove to have utility and are adopted by creators.