If you already have a Vault12 Digital Vault and a Seed Phrase, these steps show how to store your Seed Phrase as a Vault12 asset.
To back up a seed phrase in Vault12 (The terms "seed phrase" and "Backup code" are used interchangeably), you will complete the following steps:
- Create a Digital Vault and complete its setup.
- Click the button to "Add Asset," then select "Backup Code."
- Create the seed phrase backup.
- Save the backup code into your Vault.
Confirm Digital Vault setup
In order to back up a seed phrase, you must have a working Digital Vault. If you have not created a Digital Vault, and assigned Guardians to protect it, please follow these instructions first.
Select Backup Code
Create Seed Phrase asset
Open your wallet and display your seed phrase. Often, right after you setup your wallet, it will ask you to back up your seed phrase - this is a great time to add it to your Vault. Confirm how many words are needed, and select that option in the Vault12 app.
Display seed phrase for your wallet
Select the correct length for you seed phrase
Insert Seed Phrase
Carefully enter the seed phrase into your Vault, word by word, in order, until all words have been entered. Be sure to double check your entry against what you see in your wallet.
Enter the seed phrase, word by word
Complete entering the seed phrase words
Store encrypted Seed Phrase
Once you have entered all of the words and clicked the "Next" button, the seed phrase will be encrypted, split, and distributed to your Guardians, and the seed phrase asset will be locked.
Seed phrase added to the Vault
Seed phrase now part of Vault and locked
Access and unlock Seed Phrase asset
By default your asset will remain locked. To unlock and access your seed phrase, check out this article.
Once unlocked, your seed phrase will be displayed so that you can enter it into a new wallet.
Note: The asset will automatically lock after 2 hours.
Unlocked seed phrase
Next Up From Vault 12
Inheritance and self-custody for CryptocurrencyVault12 Explainer
Vault12 Product Demo
Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure cryptocurrency, NFTs and other Web3 digital assets can be inherited by future generations.
Digital Inheritance enables investors to designate an individual or a mobile device as a guardian that will inherit their entire portfolio of digital assets inside a secure digital Vault once the time comes, eliminating undue risk and the need to continually update an inventory or issue updated instructions which result in privacy leakage.
Designed to be used alongside traditional hardware, software, and online wallets, Vault12 helps cryptocurrency owners, professional crypto 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 protection and decreases the risks of loss.
(Note: The Vault12 app is not a crypto wallet and does not hold cryptocurrency. It is a Vault that safeguards your wallet seed phrase and private keys, associated files for NFTs, and digital art).
The Vault12 app helps you self-custody, backup, and provide legacy inheritance for all your web3 digital assets, including NFTs, wallet seed phrases, secrets like keys, PIN codes, DAO project keys, and digital art.
Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.
As a creator you can use Vault12 to safeguard not just your NFT and crypto wallets, but also original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury as well as future royalty wallets.
Vault12 safeguards your project assets, increasing protection and decreasing the risks of loss, whilst ensuring that everything is ready to go to be passed onto future generations, when the need arises.