Securing everything you love in Web3 with Vault12
In our first video from NFT.NYC we learned a little about the risks associated with security and inheritance of NFTs and other Web3 components - now learn how Vault12 can help you protect the future of your most precious Web3 assets.
Welcome to NFT.New York!
We talked about the scenarios for why you should think about protecting your assets.
Now let’s discuss how Vault12 can help you simply and easily back up and recover assets as well as set you up with inheritance for the future. Vault12 is a mobile app that enables you to create a digital Vault guarded by a set of trusted people - friends, family, and business associates.
As you accumulate assets you can back them up in your Vault - this has the side benefit of creating an active inventory of all your assets which is needed for comprehensive inheritance. Assets in your Vault and encrypted and split into pieces that are distributed to your Guardians - and people and devices you own can be designated as Guardians giving you a lot of flexibility.
When you are ready to assign a beneficiary - all you have to do is designate one of your Guardians - and once completed, they will have the ability to request access to your assets.
To see Vault12 in action - check out vault12.com where you can watch videos and download the app.
For more infö on protecting your assets - check out securemycrypto.org which features articles that explain everything you need to know about securing the things you love in Web3
Next Up From Vault 12
Wasim is a serial entrepreneur with five exits, and an advisor in the fields of AI, blockchain, cryptocurrency, and encryption solutions. At Vault12, he led the private and public fundraising efforts, and focuses today on expanding the Vault12 ecosystem. His crypto experience began with AlphaPoint, where he worked with the founding team to launch the world's first crypto trading exchanges.
Previously he was a founding member of Voltage Security, a spinout from Stanford University, that launched Identity-Based Encryption (IBE), a breakthrough in Public Key Cryptography, and pioneered the use of sophisticated data encryption to protect sensitive data across the world's payment systems. Wasim serves on the board of non-profit, StartOut, and is a Seedcamp and WeWork Labs global mentor.
Wasim graduated with a Bachelor of Science degree in Physics and French from the University of Sussex.
Social Recovery Vault for Digital Asset Security + Digital Inheritance for protecting the future of money.
Inheritance and backup for CryptocurrencyVault12 Guard 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 (seed phrases,private keys, digital art and other secrets) 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 Guard 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 Guard app is not a crypto wallet and does not hold cryptocurrency. Using a non-custodial approach, it is a Vault that safeguards your wallet seed phrase, private keys, associated files for NFTs, and digital art.
The Vault12 Guard app enables secure decentralized backups, and provides 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 Guard to safeguard not just your NFT and crypto wallets but also your original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury, as well as future royalty wallets.
Vault12 Guard safeguards your project assets, increasing protection and decreasing the risks of loss whilst ensuring that everything is ready to be passed onto future generations when the need arises. This is creative security.