GameStop launches a non-custodial crypto wallet compatible with NFTs

GameStop, a online game retailer, has introduced right this moment the launching of its cryptocurrency and non-fungible token (NFT) wallet because it ventures into the world of digital property.

GameStop stated in a press launch that the wallet is a self-custodial Ethereum wallet that may allow players and different customers to ship, retailer, obtain and use NFTs and cryptos throughout the decentralized apps with out the necessity of leaving their internet browsers.

The firm additionally famous that the net browser extension for the wallet is obtainable on Chrome Web Store for obtain.

 The newly launched digital asset wallet may also permit transactions on the GameStop NFT market; nevertheless, that is anticipated to launch within the second quarter (Q2) of the GameStop fiscal yr which will likely be in early July.

GameStop recognition

GameStop’s recognition grew throughout the pandemic as an impressive meme inventory and earlier this yr, in January, it partnered with immutable X to create the NFT market. Immutable X, an Ethereum Layer 2 for NFTs created with StarkWare’s ZK-rollup expertise, helps to decrease fuel charges in addition to enhance scalability.

According to the deal phrases, Digital Worlds plans to provide about $100 million IMX tokens to NFT builders and about $150 million to GameStop because it encounters sure milestones.



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