Ledger is partnering with World of Women community to get your WoW secured. This quest will equip you with all the basic knowledge, tips and tricks you need to protect your WoW NFTs. Learn Web3, Earn NFTs with Ledger Quest!

WOW - Share

Protect your WOW: Web3 Security Basics | Earn NFT with [L] Quest

From creating the signature WoW collection that people love to onboarding thousands of people to this new era of the web, WoW is on a mission to make a positive impact and give back. We do this through the WoW Foundation.

World of Women Foundation

Powered by Sandbox, the World of Women Foundation is committed to doing good and giving back. To date we’ve donated to causes that range from Girls Education to Climate Justice and we are on a mission to ensure all people have access to Web3 education, no matter where they are from.

The Vision

We’re in a period of transition from Web 2.0 to Web 3.0 - but what exactly defines that shift?

In Web3, you have absolute control of your assets because you can own them without relying on a bank or middleman. So where are assets, like your WoW NFT, stored?

Which of the below most accurately describes what a public blockchain is?

You own a coveted WoW NFT - congrats! But what exactly is a non-fungible token?

What is the function of public and private key cryptography within a blockchain?

The private key is a crucial piece of data for any NFT or crypto owner. What is its purpose?

What is the purpose of a crypto wallet when managing your WoW NFTs?

How might scammers try to steal your hard-earned WoW NFTs?

You have stored your WoW on a software wallet. What does that mean for your asset?

A hardware wallet, such as a Ledger, is always the most secure option for managing your NFTs. But why?

Why is it essential to store your recovery phrase properly?

Ledger hardware wallets protect your private keys with top of the range security components; one of these components is known as the “Secure Element” chip. Where else is this chip used?

If your Ledger device gets lost or stolen, how can you be sure that nobody else can use it to access your WoW NFTs?

What unique feature of Ledger’s system ensures you can verify all of your transactions beyond doubt?

You just bought a Ledger and want to use it to secure your existing WoW NFTs. How do you do this?

You want to transfer your NFTs from your hot wallet onto your new Ledger device, for maximum security. Why should you NEVER do this by using your existing recovery phrase?

What would you do if you wanted to sell an NFT from your WoW collection that is secured by a Ledger device on an NFT marketplace?

Smart contracts are a big transaction vulnerability, why?

Blind signing is one smart contract scam that gets you to “open the door” to your NFTs, using clever social engineering. But why is it known as “blind signing”?

What does Ledger Live’s NFT integration mean for your WoW NFT management?

Getting involved with promising NFT communities is one of the most exciting elements of crypto. Which of these are your best tools for DYOR?

What if Ledger goes out of business? Does that mean you lose your WoW NFTs?

Get your WoW secured. This quest will equip you with all the basic knowledge, tips and tricks you need to protect your WoW NFTs. 

Protect your WoW: Web3 Security Basics

What is Web3?

What exactly is cryptocurrency?

How many cryptos are there?

Web3 and Blockchain basics

What is a private key?

What is a crypto wallet?

What’s a Recovery Phrase?

How Does Ledger Nano Secure Your Crypto?

Crypto Wallets and Ledger’s Ecosystem

Crypto Threats: A Glossary

Ledger Live App: Buy, Sell, Stake and Swap Crypto

Do Your Own Research: How to Investigate Crypto Projects

How to Migrate Your Crypto to a Ledger Nano

Web3 Security Essentials

A centrally managed server with access limited to blockchain employees.

A distributed ledger with a history that can be altered by anyone.

A distributed ledger with immutable history, that’s accessible and auditable by everyone.

A chain of concrete blocks, built to educate people about the technology.

What is Blockchain?

To enable users to transact without revealing their sensitive data.

To link all transactions to your identity.

To broadcast your personal data so that people can search you by name.

To ensure your details are revealed each time you transact.

Big companies can become even more centralized - it’s more efficient.

Individuals can own digital value without needing an intermediary to custody it for them.

Governments can censor our transactions, for our safety.

It’s the unique serial number for each token or coin, so you can tell them all apart.

It gives you control over your blockchain accounts, and the assets stored on them.

It’s your user ID for the blockchain, so other users can contact you.

It’s your blockchain address - give it to people when they want to send you crypto.

A cryptocurrency that is backed by fiat in reserve.

A fungible unit of value on the famous NFT Blockchain.

A totally unique, non-fungible asset that exists as a token on the blockchain.

It keeps the image files for your WoW NFTs inside it.

It secures the private keys to your blockchain addresses, where your WoW NFTs are stored.

It stores the serial numbers for your WoW NFTs in case you need to call customer support.

It links your blockchain addresses with your bank account.

By hacking into your software wallet via your internet connection.

By scanning your phone or computer for any record of your private key or other crucial data.

By locating a physical document where your crypto data is written down.

It secures your private keys within a device that’s isolated from the internet.

It secures your public keys within a device that’s isolated from the internet.

It stores your NFTs inside the device, which is indestructible.

It links your private keys to a central customer service team, who help take care of your NFTs.

A password set by you, that you can use to access your WoW NFTs even without your wallet.

A password set by your wallet provider that can be used to recover your WoW NFT at the bank.

A phrase generated by your wallet, representing all of your private keys, which can be used to recover your WoW NFTs on a different wallet.

A short pin code you need to type in each time you want to access your wallet.

Anyone can use it to access your NFT collection.

It can be used on nearly any wallet - not just yours.

It gives access to every single one of your private keys at once.

An exhaustive list of all the hackers on the planet, so you can avoid dealing with them.

Ledger’s in-house team of professional hackers, who constantly test the security of our system.

The unique operating system inside our devices.

Because the device is protected by a PIN set by Ledger.

Because if you call Ledger’s help desk, they can lock it remotely.

Because the device is protected by a PIN code known only but you.

Because the device auto-explodes if someone tries to hack it.

It’s a companion app for Ledger devices that enables you to manage your assets and access a variety of crypto services.

It’s a platform where you can buy cool accessories for your Ledger device.

It’s a platform where you can ask other users for technical advice about Ledger products.

It’s where you can create an account for yourself and use the platform instead of your Ledger device.

Your WoW NFTs are completely secure from hackers.

Your private keys are stored offline and cannot be accessed via your internet connection.

Hackers can potentially access your private keys using your internet connection as an attack vector.

Your private keys are stored in a physical device.

Set up an Ethereum account in Ledger Live and send your WoW NFT to it - even if it means paying gas fees.

Email your NFT blockchain addresses to your Ledger Live address.

Save your Ledger recovery phrase on your computer, then copy and paste it into your WoW NFT hot wallet.

Call customer service and they will use your recovery phrase to connect both wallets.

It shows you all details within the Ledger Live app, on your computer screen.

It runs a background check on anyone you’re transacting with.

It enables you to reverse any transaction that turns out to be malicious or erroneous.

It displays transaction details on the device’s trusted display and requires you to physically confirm every transaction.

Crypto wallets can’t always translate smart contract data into human readable language, therefore, you can’t verify what you sign.

Smart contracts are actually dumb, they mess things up.

Smart contracts are created by central entities and are used to gather our data.

Blockchains can’t handle smart contracts and they bring down the network.

Because you’d have to be blind to fall for it!

Because you can’t see the hacker who is scamming you.

Because you can’t see the transaction leaving your account.

Because it requires you to sign a transaction without knowing its details.

Transfer the private keys of your entire collection from Ledger to your middleware hot wallet.

Not sell the NFT at all to protect your private keys.

You can connect your Ledger to middlewares then list your NFTs on your marketplace of choice.

Give the private keys of your NFTs to OpenSea.

You will be able to connect with top NFT artists and projects who are driving the space.

You will no longer be able to visualize your NFT collection, unless you use a middleware.

Transparency, you will be able to see full smart contract details any time you sign a transaction.

You will be able to get better prices for your NFTs by collecting points through Ledger!

Ledger knows you’ve been using a competitor and will not protect your private keys.

The private keys can get lost in the digital ether as you recover them on a new device.

If you get a word wrong, all of your WoW Galaxy NFTs will disappear.

Those private keys were already exposed to your internet connection - securing them on a Ledger will not protect your WoW Galaxy NFTs when the keys were already exposed.

Talk to its creators - they are always reliable and have no personal interest in the situation.

Wait for someone to contact you about it on Discord - if they’re really trying to get your attention, it must be a good project.

Check out what crypto influencers are saying about it - they know more than you.

Do your own research (DYOR) by asking questions on Discord, reading the project whitepaper and using EtherScan.

No. Your assets were always on the blockchain, not inside the device. You simply restore your access to them using another device, thanks to your recovery phrase.

Yes. Because Ledger has all the private keys of their customers.

No. Because you would transfer your private keys to another software wallet.

More than 3 clicks on Companion in the same question

Fantastic job, you're half way through...