CoolBitX unveils NFT features for pioneering DeFi hardware wallet
Crypto security pioneer CoolbitX has announced new in-app integrated non-fungible tokens (NFT) functions for its flagship CoolWallet Pro.
CoolBitX is a Taiwanese-based company that provides solutions for a rapidly changing blockchain industry in order to foster the mass adoption of virtual assets through its two product lines: CoolWallet and Sygna.
The CoolWallet Pro is a DeFi-focused mobile cold wallet with a credit card form factor. The upgrade includes integrated support for leading NFT marketplaces OpenSea and Rarible. CoolWallet is a credit card-sized hardware wallet range that allows for Bluetooth-enabled pairing with users’ mobile phones. The Sygna line of regulatory compliance products is tailored toward Virtual Asset Service Providers (VASPs), simplifying the compliance efforts of VASPs through the use of effective and secure technology.
The metaverse-focused innovation comes in response to the growing evolution of digital assets in 2021, and positions the company well for the expected boom in new NFT applications to be used across DeFi, GameFi, Web 3.0 and metaverse protocols in 2022.
CoolWallet Pro Answers Rising Demand for Opensea and Rarible NFTs
Launched in 2016, CoolbitX’s flagship product, CoolWallet allows users to not only safely store an ever-growing portfolio of elite digital assets, but to also interact with an integrated in-app marketplace that provides access to the world’s best decentralised finance protocols and exchanges, and the unique services they provide, such as DeFi staking, borrowing and lending.
NFTs have enjoyed incredible mainstream adoption and pop culture success in 2021, there is no question anymore that NFTs serve as a bridge between real-world and digital asset ownership. Practical enterprise applications and use-cases available across a variety of exciting new industries such as metaverse, Play-to-Earn (P2E) and Play-to-Learn (P2L) gaming are widely expected for 2022.
The fact that CoolWallet Pro is now offering mobile in-app integrated NFT functions not only benefits original CoolWallet users but also serves as an accessible portal to bring new audiences from outside the crypto space to participate in the industry.
“We have been committed to our mission of fostering the mass adoption of crypto assets since 2014, when we began work on the world’s first Bitcoin mobile hardware wallet. NFT support on the CoolWallet will help to seamlessly blend our users’ physical and virtual worlds, empowering them to manage and protect both their crypto assets and digital collectibles with confidence. At the same time, it opens the doors to limitless partnership opportunities with NFT creators and we look forward to many more exciting projects to come,” said Michael Ou, CEO and Founder of CoolBitX.
CoolWallet Pro supports more currencies
CoolWallet Pro users can earn passive income on their DeFi (decentralised finance) assets such as Polkadot (DOT), Cosmos (ATOM), and Tron (TRX), with support for Cardano (ADA), Polygon (MATIC), Solana (SOL), and other leading currencies in the pipeline.
This comes in addition to its existing native support of BTC, ETH, LTC, XRP, BCH, ZEN, BNB, DOT, ATOM, TRX, USDT, USDC, and ERC20, BEP20, and TRC20 tokens.
CoolBitX set to make NFTs securely accessible to all
CoolBitX is also exploring possibilities to attract audiences outside the crypto space through the newly launched “CoolBitX Innovation Lab“. It introduced its first “metaverse-like” project, NAO NFT, which brings together the virtual and physical worlds through an exclusive collaboration with Jinguji Nao, a Japanese actress.
The NAO NFT project includes four special auction items and limited blind box offerings that will be sold through the CoolBitX Innovation Lab project site. Each NAO NFT pack comes with a threefold surprise — an exclusive NFT; a dedicated Nao version CoolWallet Pro hardware wallet, and a possible mystery prize from Nao herself.
For many creators looking to enter the crypto industry, entry barriers are high and also require potential collectors to understand the value of this new form of content creation. However, CoolWallet’s unique design provides a tangible aspect to the collector, which may be more familiar and hence more viable for mass-market adoption, whilst at the same time safe keeping the consumer’s digital assets and NFT collection.
Founded in 2014 by Michael Ou and backed by SBI Holdings, CoolBitX is a global blockchain security company building the next-generation infrastructure necessary to maximise digital asset adoption.
Copyright – photos – 2021 CoolBitX