Storing Your Rewards In A Wallet
What is a wallet?
Cryptocurrency wallets are used to manage your digital assets and interact with decentralized applications (dapps).
Why does Navigate require me to have a digital wallet?
Navigate believes people who contribute to the platform should be rewarded! When users contribute to Navigate Maps, they earn rewards in the form of Navigate’s native token called NVG8. NVG8 is an ERC-20 digital token that needs to be sent to and stored in a wallet. So, everytime you upload imagery, NVG8 tokens will be sent to your unique wallet!
What wallets do Navigate support?
If you already have a wallet, you can connect through MetaMask or Wallet Connect. If you don’t have a wallet, no problem! When you create a Navigate account, we help create one for you with a third-party wallet provider, Sequence.
What is the Sequence Wallet?
The Sequence Wallet is a non-custodial smart contract wallet that lets you easily store and manage your NVG8 tokens. Navigate chose Sequence as a wallet provider due to its security, flexibility, and superior UX. With Sequence, you can easily create a Navigate account with your email, which generates a new wallet for you that will store your rewards
What is my "Public Address"?
A public address is the unique identifier that serves as a virtual location for your wallet; in Ethereum-compatible networks it carries a 0x... format.
It’s helpful to think of it like your bank account number. The public address is what you share with someone who wants to send you crypto, NFTs, collectibles or other Ethereum-compatible digital assets.
Public addresses can also be a legible word like 0xsequence.eth or vitalik.eth, a registered ENS (Ethereum Name Service). The Sequence Wallet currently supports ENS readability.
How can I access my Sequence Wallet?
Why can't I send my NVG8 Tokens to another wallet?
NVG8 will remain non-transferable until its public listing, which is planned for late 2023.
How do I transfer my existing ETH and tokens to my Sequence Wallet?
You can send ETH and tokens from another wallet to your Sequence Wallet. Simply copy your Sequence Wallet address and go to your existing wallet or exchange to send funds to your Sequence Wallet address.
You can find your Sequence Wallet address under the account name (in the format 0x12a45...6bc9). While you cannot trade NVG8 today, you can trade other publicly listed tokens, such as ETH, once they have been transferred into your Sequence wallet.
What if I lose access to my email account?
If you’ve lost access to the email account you used to register with Navigate, you’ll need to contact your email service provider to recover your email account. The Sequence wallet has no other access to this due to security reasons.
Still have a question?
If the following FAQs do not answer your question, check out Sequence's support page here: https://support.sequence.xyz/en/