Cryptocurrency

Cardano

2024

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 <p class="paragraph">The Web3 SuperApp and crypto wallet Kresus has partnered up with Sotheby’s to offer digital art collectors new non-fungible token (NFT) <a rel="noopener noreferrer nofollow" title="storage" href="https://thebittimes.com/tag/storage.html">storage</a> solutions through Sotheby’s Metaverse, according to a press release shared with Finbold on February 8.&nbsp;</p>
 <p class="paragraph">The collaboration seeks to help digital art collectors purchase and manage digital artwork more seamlessly via the Kresus mobile application integrated within Sotheby’s Metaverse platform.</p>
 <p class="paragraph">Established nearly three years ago, Sotheby’s Metaverse has established itself as a leading NFTs and digital art broker, featuring curated collections and exclusive releases from digital and traditional artists alike.&nbsp;</p>
 <p class="paragraph">As one of Sotheby’s digital wallets, Kresus is now a convenient, Web3-oriented solution for both new and seasoned digital art collectors looking to protect their investments.</p>
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 <p class="paragraph">Trevor Traina, CEO and founder of Kresus, highlighted Sotheby’s reputation in the world of art collectibles and expressed pride in Kresus being integrated as one of its digital wallet options:</p>
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  <p class="paragraph">“Sotheby’s is one of the oldest and most trusted names in the world of fine art and collectibles. Kresus is proud to be added to the short list of digital wallets available to collectors discovering digital art at Sotheby’s Metaverse.”</p> <cite>— Trevor Traina, CEO of Kresus</cite>
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 <h2 class="wp-block-heading" id="h-how-does-kresus-fit-in-within-sotheby-s-ecosystem">How does Kresus fit in within Sotheby’s ecosystem?</h2>
 <p class="paragraph">Leveraging Web3 technology, Kresus puts a strong emphasis on simplicity and reliability, prioritizing mobile optimization to ensure maximum security and control without the need for cumbersome seed phrases or passwords.&nbsp;</p>
 <p class="paragraph">As such, Kresus assures users they can regain access to their wallets, even if their email accounts are compromised, all while maintaining a non-custodial approach.</p>
 <p class="paragraph">These robust security measures and user-focused design are integral components of Sotheby’s ecosystem, ensuring digital collectors have a safe repository for storing high-worth NFTs while reducing potential risks associated with user errors.</p>
 <p class="paragraph">All in all, With a dedication to minimizing risk and empowering users, the Kresus wallet is a natural addition to Sotheby’s lineup of supported digital wallets.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/kresus-collaborates-with-sotheby-s-metaverse-for-secure-nft-storage-tbt79282.html">https://thebittimes.com/kresus-collaborates-with-sotheby-s-metaverse-for-secure-nft-storage-tbt79282.html</a></p>

Kresus collaborates with Sotheby’s Metaverse for secure NFT storage

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