Introducing Ballet Wallet: The World’s First Premiere Paper Wallet
XNL Labs is an independent organization specialized in Distributed Ledger Technologies and Cryptocurrencies.
June 6th, 2021
Premise
This article serves to explain the technological utility behind Ballet Wallet and its usages for any cryptocurrency adopter; whether old, young, experienced with crypto, or totally brand new to cryptocurrencies.
Some background information about the business history of Ballet Wallet can be found in this complimentary article by author and editor Aziz. We hope to expand upon these existing articles and explain in slightly different terminology what Ballet Wallet is and what it’s all about.
History of Ballet Wallet & Ballet Crypto
Ballet Crypto was founded by Bobby C. Lee in 2019, along with an elite team of cryptocurrency veterans to fill a need within the space; an easy-to-use crypto wallet for the people. Thus, Ballet Wallet was born.
What is Ballet Wallet?
The optimal term and ubiquitous definition for what Ballet Wallet is can be defined simply as this; a Premiere Paper Wallet.
What is a Premiere Paper Wallet?
A Premiere Paper Wallet is essentially a Multi-Cryptocurrency, Reusable, Non-Electronic, Cold Storage Wallet. A revolutionary and novel concept within the Cryptocurrency space, that will have serious potential to massively disrupt the industry in a positive way.
To help further differentiate Ballet Wallet from existing crypto wallets, here is an article by the Blockchain Council that explains the various crypto wallet types, features, and functionality: https://www.blockchain-council.org/blockchain/types-of-crypto-wallets-explained/
Why Use This?
For a variety of reasons, a Premiere Paper Wallet is something that can be considered essential for any cryptocurrency user of any type; traders, hodlers, gift-givers, and more.
The following are some key examples of Use Case Conceptualizations for what a Premiere Paper Wallet can do for you;
- Ease of Mobility: Optimizing the portability of cryptocurrencies by allowing Wallet-In-Your-Wallet functionality. You can simply carry a Premiere Paper Wallet with you anywhere you go like a credit card, and load up multiple cryptocurrencies in the quantity you want.
- Gift Carding: Use your Premiere Paper Wallet to function as a gift card for those special occasions that you want to send a friend or family-member some cryptocurrency. Simply load up the amount of value you wish for them to receive, and have verifiable proof though Tamper-Evident Seals that your Premiere Paper Wallet Gift Card was sent securely. They DO NOT come pre-loaded as of today, due to regulations pertaining to gift card sales.
- Exchange Functionality: Ballet Wallets also come with the opportunity for exchange functionality anywhere you go. No need to connect to a laptop or desktop, because even through a mobile device, you can utilize a Premiere Paper Wallet such as Ballet Wallet, the first of its kind, to exchange cryptocurrencies on the go with the integration of their app, Ballet Crypto.
- Vaulting: Store multiple cryptocurrencies across several wallets, to lower your risk of holding the majority of your assets on one singular device. The term we use to describe this is called ‘Vaulting’. A separate article linked here helps to explain the process of how to ‘Vault’ with Premiere Paper Wallets.
Concerns Regarding Ballet Wallet
To answer any and all questions, comments, and concerns regarding Ballet Wallet, the folks at Ballet Crypto have set up two Frequently Asked Question (FAQ) pages on their website, provided in the following bullet points.
- This link, known as the ‘General FAQ’, is for broader questions regarding product usage of the Ballet Wallet.
- This link, known as the ‘Geek FAQ’, is oriented more towards nitty gritty questions that crypto enthusiasts and skeptics might have regarding the security, functionality, and safety of Ballet Wallets.
Nearly all questions encompassing every aspect of Ballet Wallet have been answered through their FAQs, but if you find that your question is not answered, send them a message through their forums using this link. They have a dedicated team to help answer and alleviate any concerns, and are as transparent as can be when it comes to their product.
Where To Purchase Ballet Wallet
The best place to purchase your Ballet Wallet would be to visit their website directly at https://store.balletcrypto.com/?ref=vy2yzoe2ms
Use the coupon code CRYPTOXNL at checkout for a 5% discount off your purchase!
In Summary
Thus far, we have discussed what Ballet Wallet is technologically, we have defined some of the ubiquitous terms surrounding their product, and have even outlined a link to an article showing a novel use case for Ballet Wallet and Premiere Paper Wallets as a whole, specifically the concept of ‘Vaulting’.
If you enjoyed the article, please give us a follow as we create more content encompassing Ballet Wallet, along with Distributed Ledger Technologies, Blockchain, Cryptocurrencies, and Decentralization in general!
If there are any suggestions you might have or corrections we should make, reach out to us at cryptoxnl@gmail.com.
Thank you again for reading and have a wonderful rest of your day!
And as always; Don’t Trust, Validate!
