Not necessarily. You can create a Sequence Wallet even if you do not own any cryptocurrency. You will be able to access decentralized applications like Skyweaver that use Sequence as a login method.
You can choose to store and transfer cryptocurrencies, NFTs, or other digital collectibles at any point, and Sequence will allow you to buy, trade and own your items. The Sequence Wallet will serve as your access point to Web3.
