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Jafrin Ahmed
May 24, 2022
by Jafrin Ahmed

GameStop Debuts Crypto Wallet With NFT Support

GameStop crypto wallet
Video game retailer GameStop has unveiled a new wallet for storing, sending, and receiving crypto and NFTs ahead of the launch of its NFT marketplace later this year. The wallet will enable gamers to send and receive in-game assets without having to leave their web browsers.

GameStop Launches Self-custodial Wallet On Layer 2 Protocol Loopring

On Monday, GameStop announced the launch of its new digital asset wallet, which will allow gamers to store, send, receive and crypto and NFTs across without having to leave their web browsers. A beta version of the self-custodial Ethereum wallet is available to download from GameStop's website.

GameStop said the wallet extension will also enable transactions on the company's NFT marketplace, which is expected to launch in GameStop's fiscal second quarter.

GameStop's self-custodial wallet was in its beta stage, running on the Ethereum blockchain. The wallet will enable transactions on the NFT marketplace that it's aiming to launch in the second quarter of 2022.

According to the wallet's website, the wallet will also be available to use with iPhones. The wallet will operate similarly to MetaMask, and users can migrate their MetaMask wallet to their GameStop wallet.

The wallet will run on Ethereum’s Loopring layer-2 scaling protocol designed for decentralized exchanges, which boasts of high throughput, low-cost trading, and payment capability.

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GameStop Debuts Crypto Wallet With NFT Support
Jafrin Ahmed
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

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