Gamestop Introduces Web3 Wallet Based on ZK-Rollup Technology

This week, the Texas-based gaming software and retail chain for consumer goods, Gamestop, made the official announcement that the firm is integrating a self-custodial Web3 Ethereum wallet.

A beta version of the wallet, which stores crypto assets and non-fungible tokens, is now available via Gamestop’s website. It allows users save crypto assets and non-fungible tokens in their wallets.

The wallet also incorporates the layer two (L2) ZK-rollup technology developed by Loopring. This technology enables “fast transactions” that are also priced fairly.

Why Gamestop, why?

By using Gamestop’s own Ethereum wallet, the firm has high aspirations of providing players with more power over the gaming experience they currently have.

A great number of individuals were previously aware that Gamestop intended to join the NFT sector and develop an online marketplace for NFT games before the announcement was made. In March 2022, the Ethereum L2 scaling project, Loopring, formed a partnership with Gamestop, and the retailer announced that it intends to deploy Loopring’s ZK-rollups.
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