When trial mode ends:
Vault12 Beta testing is now complete and we are now ready to run Vault12 in trial mode for a few months.
November 15 2021
- Vault12 will be available in the iOS/Android app store.
- No more TestFlight requirements to install and try the app - now anyone you invite will be able to join your vault straight away.
- During the trial period, all Vaults (and Guardians) are free!
- All Vaults will have a fixed duration of one (1) month.
During the Beta phase, we got very good coverage of testing and finding edge cases. Many thanks to our amazing community for all your help with that. The purpose of trial mode is to test the scalability of the Zax Relay Network and (slowly) increase the number of concurrent users on the platform while monitoring network performance and to surface any scalability fixes we might need to do. The current plan is to keep testing and scaling during the Sept-Oct period and end the trial by the end of October. During this phase best efforts to test and deploying live Zax Relays will certainly be recognized for community rewards.
When trial mode ends:
- All existing Vaults will expire.
- There will be one freemium Vault plan with limitations.
- Creating new non-free Vaults will require VGT or ETH fees.
- Guardians will be able to charge ETH for the service (or offer their service for free if they wish).
Overall, the end of trial mode will mean all testing provisions will be removed and version 1.0 of the platform will be fully live.
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(including Cryptocurrency Seeds, NFTs and Art)
Every digital asset you own should be backed up, protected and remain accessible. Cryptocurrency in particular is difficult to secure. With natural disasters, hackers, to badly implemented security, you are always at the mercy of others.
Vault12 Personal Digital Asset Security helps you recover, backup and provide legacy inheritance for all your digital assets, including Bitcoin, Ethereum, NFTs, other cryptocurrencies, private keys, seed phrases, digital art and of course, your crypto wallets.
Download Vault12 today – Try the free plan:
Pass on your Digital Assets to future generations
Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure digital assets can be accessed by future generations. Digital Inheritance enables investors to designate an individual who will inherit their entire portfolio of digital assets stored in a secure Vault once the time comes, eliminating undue risk and the need to continually update an inventory or continually issue updated instructions.
Designed to be used alongside traditional hardware, software and online wallets, Vault12 helps cryptocurrency owners, ICO investors, professional cryptocurrency traders, and high net worth investors safeguard their digital assets without storing anything in the cloud or in fact any one single location. This increases the protection and decreases the risks of loss.
A digital Vault containing your digital assets is assigned to trusted people or devices, known as Guardians. Your Guardians can be adjusted as needed in real-time so that the appropriate number are always guarding your digital assets. No one can access your assets and only you get access when you need.
The Winklevosses came up with an elaborate system to store and secure their private keys. They cut up printouts of their private keys into pieces and then distributed them in envelopes to safe deposit boxes around the country, so if one envelope were stolen the thief would not have the entire key.
The idea behind Vault12 is how do we essentially split that responsibility, make that problem of key control less a technological one by essentially making it into a social one with networks of people that they trust.
Exchanges are the main target for hackers. Those are the biggest honeypots. So the number one rule in Crypto is, do not keep your money on an exchange, and if you're going to custody that money, you need to do it off of the exchange with a product like Vault12.
Security and usability are inextricably linked, the former cannot exist without the latter. Vault12 understands the need for end-to-end management of this experience as well as the importance of integrating into the prevailing crypto ecosystem
As we move to a more open financial system driven by advanced blockchain technology and cryptocurrency, we need smarter ways to ensure that the system is trustworthy. Vault12 does this by addressing a foundational need -- ensuring that your crypto assets are not only protected by decentralized security, but also by your trusted inner circle. Your private key never exists in one place or with one entity, reducing risks from hackers as well as everyday accidents.
Security is the lifeblood of industry, commerce, and leisure. As more people use decentralized applications, they will need a way to back up their crypto wallets and exchange accounts. Vault12 provides a simple and natural way to reduce risks and combat the fear of forgetting seed phrases and private keys.