The Blockchain Security company SecuX launched a project called 'MnemonicX 2048'. It is the first cold wallet NFT project which uses Asus Metaverse Soulbound Token Solutions to create secure digital wallets for Asus Metaverse users. The added value of a soulbound cold wallet lies in the enhancement of the security of the user's private key and digital assets. Furthermore, it provides access to WEB 3.0 services and products, such as the planned integrated scam alert.
The first 2048 SecuX Nifty-X users will receive a MnemonicX 2048 SBT (soulbound token) and NFT with a unique BIP-39 seed phrase and membership privileges via NFT. A BIP-39 seed phrase is a group of words that serve as a backup recovery method for wallets and coins in case a wallet is lost or destroyed.