Crypto wallet with zero connection: NGRAVE joins Cointelegraph Accelerator.

Cryptocurrencies are digital-only assets where investors can delegate protection to a third party, such as an exchange, store them in a hot wallet, or rely on their own hardware wallet. Security concerns with online solutions and third-party threats (your coins, not your keys) have increased crypto investors' demand for offline, easy-to-use solutions to securely manage their crypto assets. This demand, coupled with growing self-control awareness, is driving the hardware wallet market, which is expected to reach 3.6 billion by 2031.

However, hardware wallet manufacturers must overcome several challenges to compete effectively with software-based Web3 wallets. Unlike their software counterparts, hardware wallets require prior purchase and can be complicated to use, especially for beginners. Additionally, like any physical wallet, hardware wallets are vulnerable to real-world security risks such as theft or structural damage.

But a well-designed hardware wallet improves security without compromising accessibility. This is where NGRAVE, a digital asset security provider, comes in. The group believes that achieving airspace protection for cryptocurrency storage requires 100% offline usage, which can be provided by hardware wallets and countermeasures. This means no connectivity like Bluetooth, NFC, WiFi or USB to completely eliminate any hacking or malware attempts.

NGRAVE has applied this approach to its flagship product, the NGRAVE ZERO hardware wallet. As a completely offline wallet, ZERO communicates with the outside world only through verified QR codes. The device features a 4-inch touchscreen to help users create keys, manage wallets and sign transactions directly through ZERO's swipe-and-tap user-friendly interface.

NGRAVE ZERO has its own interface for easy management of crypto assets. Source: NGRAVE

The anti-sniper protection protects the hardware wallet from physical damage and attacks, the EAL7 certificate – one of the highest security standards in the blockchain and financial industry – ensures that the keys stored on Zero are safe from digital attacks.

The NGRAVE team is on a mission to help people “protect their wealth, live the life they want.” Their security-first approach combines security with ease of use to create an end-to-end solution. NGRAVE is currently raising a Series A round of funding.

A completely offline hardware wallet premise and NGRAVE-rated product line helped the team get a seat at the Cointelegraph Accelerator – a program for growing promising Web3 and crypto startups. Down the line, NGRAVE plans to add more coins to its growing list of crypto assets and offer other wallet solutions that combine the security of offline use and the flexibility of online connectivity. The team is also working on integrations with Trust Wallet, MetaMask and other hot wallets, bringing passphrase support to its products as well as a portfolio tracking feature.