GameStop on Monday, May 23, announced it has launched a beta version of its own Ethereum wallet for its upcoming NFT marketplace. The wallet will allow users to store, send, and receive crypto as well as NFTs. The NFT space has been awaiting GameStop’s NFT marketplace since it first announced it almost a year ago. Now that we have more updates, let’s take a look at what is the GameStop NFT marketplace and its own wallet.
What is GameStop NFT Wallet?
In a nutshell, the GameStop wallet will allow users to securely store, send, and use ETH, NFTs, and other ERC-20 tokens. The Ethereum wallet is self custodial, meaning, users can access their tokens using a private key that only they know.
This 12-word secret recovery phrase will be automatically generated when you create a new wallet. Needless to say, this enhances the wallet’s security, reducing the potential for hacks. However, if a user…
