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- Tangem, the Shiba Inu wallet provider, unveils plans for a unique ring-styled crypto storage product.
- After presenting their Shiba Inu-themed wallet at Token2049, Tangem responds to the community’s call for a ring-shaped wallet.
A Revolution in Crypto Storage: From Cards to Rings
Tangem, renowned for its innovation in the cryptocurrency wallet space, recently made waves by announcing a pivot in its product design. Renowned as the provider of the coveted Shiba Inu-themed wallet, Tangem has now set its sights on crafting a ring-styled crypto storage solution, which will serve as a fresh and distinctive offering in the ever-evolving crypto industry.
Bonjour, pensez-vous que le wallet Tangem pourras être une bague à la place de la carte?
— MilhS 𐤊 🇨🇵 (@CryptoMilhS) September 18, 2023
The Swiss-based company’s recent participation at the Token2049 conference held in Singapore on September 13-14, 2023, acted as a catalyst for this development. During the event, Tangem showcased its Shiba Inu-themed hardware wallet, which received considerable attention and applause from attendees.
Yet, it wasn’t just the admiration for their current offering that Tangem took away from the event. Evidently, a segment of the crypto community, particularly Shiba Inu enthusiasts, expressed a desire for a more novel approach to hardware wallets—specifically, a ring-shaped variant. One attendee queried,
“Hello, do you think that the Tangem wallet could be a ring instead of the card?”
Acting on this feedback and discerning the growing market demand, Tangem has embarked on its journey to transmute this imaginative concept into a tangible reality.
Tangem’s history is marked by innovation and responsiveness to user demands. Established in 2017, the company has persistently endeavored to redefine how users interact with their digital assets. From introducing smart banknotes equipped with chips from Samsung Semiconductor in 2018 to their card-shaped wallets that seamlessly pair with computing devices, Tangem’s commitment to advancing crypto storage solutions remains unwavering.
Gaining significant traction within the Shiba Inu community, Tangem’s announcement of the SHIB-themed hardware wallet earlier this year was met with enthusiasm. Priced at $77.7, the initial batch of 5,000 wallets sold out rapidly, and due to the burgeoning demand, Tangem had to swiftly make the next batch available for eager buyers.
As Tangem delves into the creation of this ring-shaped wallet, the crypto world awaits with bated breath. This latest innovation signifies not just a novel product, but also the dynamic evolution and adaptability of the blockchain ecosystem. With Tangem at the helm, the boundaries of conventional crypto storage are set to be redefined.
