Frequently asked questions

Question 1

What is Lace?

Accepted Answer

Lace is a software wallet / hot wallet that provides a light, user-friendly interface to manage digital assets, NFTs, DApps, and DeFi services across the Cardano network.

Question 2

Is Lace safe & legit?

Accepted Answer

Lace is non-custodial and open source. Lace ensures security through encrypted transactions, recovery phrases, and secure account access. No major hacks, exploits, or scandals are reported for Lace.

Question 3

Who created Lace?

Accepted Answer

Lace was created by Input Output Global (IOG).

Question 4

Where is Lace's company based?

Accepted Answer

Input Output Global (IOG), the company behind Lace, is headquartered in Tokyo, Japan.

Question 5

How does Lace work?

Accepted Answer

Lace connects to the Cardano blockchain via Lace companion app available on desktop and mobile. Lace allows sending and receiving digital assets, staking ADA, interacting with NFTs, DApps, and DeFi services, and managing multiple accounts through a software wallet interface.

Question 6

When was Lace launched?

Accepted Answer

Lace was released April 11, 2025.

Lace

Tags

Form

Storage

Platform

Software