Video game retailer GameStop has launched a digital asset wallet for storing, sending, and receiving crypto and NFTs ahead of the launch of its NFT marketplace later this year.
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A beta version of the non-custodial Ethereum wallet, which is now available as a browser extension from the Chrome Web Store, will also enable transactions on GameStop’s NFT marketplace, which is expected to launch by the end of July.
Similar to other non-custodial wallets, users can access their assets via a private key known only to them. However, the company will track certain user information, including IP address, GPS coordinates, and information related to the user's device, according to their privacy policy.
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The wallet leverages Loopring's ZK-rollup technology to execute transactions, an Ethereum Layer-2 scaling protocol that promises cheaper gas prices and faster transactions than Layer-1.
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