25/05/2022 GameStop now has its own wallet for crypto and NFTs

Photo by Justin Sullivan/Getty Imagesnone

GameStop has launcheda beta for its very own Ethereum wallet that will let users store, send, and receive both cryptocurrency and non-fungible tokens (NFTs) through their web browsers. The wallet is currently available as an extension for Google Chrome and Brave, butGameStop’s wallet websiteindicates it will also be available as an iPhone app in the future.

AfterGameStop reached meme stock statuslast year, the company’s fan base has become largely split between two groups: gamers and investors. Those dedicated to “hodling” the stock may be in favor of GameStop’s foray into Web3, but many gamers dislike having the concept wedged into their pastime as much or more than they used to hate GameStop’s preorder policies or its insulting lowball offers for used games and systems.Players recoiledupon hearing Ubisoft’sNFT integration intoGhost Recon, and such strong reactions from gaming communities led the developers ofgames likeS.T.A.L.K.E.R. 2andWormsto abandon their NFT projects altogether.

GameStop’s wallet is non-custodial, meaning users can access their assets via a private key known only to them. The setupis compatible with hardware walletsand reduces the risk of it being hacked or confiscated, but it means that if the owner loses their key, they also lose access to its contents.

It uses Loopring to execute transactions, a Layer 2 solution built on top of the Ethereum blockchain that’s supposed to lower costs for “gas,” the sometimes exorbitant fees incurred when processing a transaction on Ethereum. Earlier this month, the cost to process a transaction on Ethereum spiked into the thousandsduring the mint for the Bored Ape Yacht Club’s metaverse projectdue to the sheer volume of transactions processed at once.

With the launch of the new wallet, GameStop also confirmed that its upcoming NFT marketplace will become available sometime in the second quarter of this year. Upon launch, users will be able to use their wallets in conjunction with the marketplace.GameStop first announced the NFT marketplacein February alongside a $100 million fund that’s supposed to convince game developers to actually use it. The company is partnering with Immutable X for its launch, another Layer 2 protocol designed to lessen the gas fees associated with Ethereum transactions.

Arts

https://www.theverge.com/2022/5/23/23137703/gamestop-wallet-crypto-nft-launch-web3

Interesting NFTs
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
Crypto Toy Coin
This piece represents the creation of a new "Visual Toy", a term created by me to encompass my unique and exclusive GIF-Arts. The latter, "Crypto Toy Coin" is the only and first in the cryptocurrency theme. In it I represent the fast-paced world of finance in the virtual environment, the Internet with its universe of colors and infinite visual impact, an optimistic and exciting future, a world of possibilities that opens before us. These "Visual Toys" invite you to imagine, that is their function, that is the game. The ultimate goal is that you imagine, that it is you who gives it meaning. There are no good or bad answers, just the projection of each one. I've only created the trigger, the piece where you can project your imagination and let it fly.
CryptoKitties
Ciao! I'm Kitty #123725. All you need to know about me is I hate cantaloupe with a passion. I like to listen to Ace of Base while grooming. Don't judge me. Can you make my gorgeous dreams come true?
trump 2020
This is a photo i took of my son playing around in one of our cat carriers, redressed to express the concern and damage the continuation of the trump administration could bring to the world in 2020 and beyond. Unlike the majority of my historic work found on opensea, all content was conceived and taken by me, so felt perfect to use as my first piece on Known Origin.
#46216
By OthersideDeployer