The Videogame retailer GameStop joins the blockchain world as it announced the launch of its digital GameStop Wallet which allows users to store, send, receive and use non-fungible tokens NFT and cryptocurrency.
” If you lose your Secret Phrase, GameStop CANNOT access your wallet for you. Keep in mind that all transactions made on the blockchain are irreversible – and our customer support team cannot reverse them for you ”Retail Dive
The GameStop Wallet is a self-custodial Ethereum wallet, meaning users have complete control of assets but can’t recover their accounts if login information is stolen or lost. The wallet is currently accessible through a web browser extension. It lets users operate without leaving their browser and provides lower transaction fees through Loopring Layer 2, a set of protocols to resolve common congestion issues from the Layer 1 blockchain.
Source: Retail Dive