NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days

The NGRAVE ZERO, claimed to be the world's most secure hardware wallet, launched its crowdfunding campaign for €25,000 on May 26.

The campaign, which was launched through the IndieGogo crowdfunding platform, is set to run for another 28 days.

The campaign offers a number of perks for backers who donate above certain amounts.

These range from a single ZERO wallet, through bundles including the Graphene accessory, to multiple wallet bundles and even every future product NGRAVE launches for those wishing to donate €2,500 or more.

Crypto crowdfunders support tech without rewardThese perks generally represent a substantial savings compared with the suggested retail price.

A single NGRAVE ZERO is offered to those donating €228, and the retail price is listed as €398; a savings of 42%.Interestingly, only 33 of the 430+ backers at time of writing had opted for a perk, representing €11,760 or around 10% of the total raised.

Otherwise the average donation for those choosing no perk was enough to bag them a ZERO wallet on release.

Security rating is in the detailsAs Cointelegraph reported, the NGRAVE ZERO is the first cryptocurrency hardware wallet to receive the top EAL7 security rating.

In contrast to other cold wallets, which connect to their mobile phone or desktop apps via USB or Bluetooth, the ZERO communicates purely through QR codes.

The benefit of this is that this method does not reveal any information about the wallet's private key.