GameStop Now Has Its Own Wallet for Cryptocurrency and NFTs

gamerant.com:

In a world in which NFTs and cryptocurrency are taking center stage, GameStop is diving into the virtual money business and offering its customers a new and innovative manner in which to engage with it themselves. In a post-pandemic virtual world, GameStop invites customers to download its new digital wallet, specially designed for NFTs and cryptocurrency.

Hoping to push into the world of NFTs and open a marketplace for them by the end of July, GameStop is creating a browser extension wallet for customers to be able to freely buy, sell, and trade cryptocurrency right from their web browser. This move puts the company in the spotlight, assuring its place in the conversation about NFTs and cryptocurrency, which is exactly where GameStop wants to be.

NFT Sales Have Plummeted

Certainly, in a world that is not fully familiar with these new virtual currencies and NFTs, customers are sure to have reservations about a browser extension wallet that engages in this type of marketplace. The promises that the wallet makes to customers include:

GameStop promises to keep network speeds high and trading transaction fees low as it mediates these trades and transactions between customers and vendors. It also advertises multiple levels of security, including a Secret Recovery Phrase that each customer has in order to recover an account that has been blocked for security purposes. In the instructions to install the wallet, GameStop recommends downloading from the Chrome extension store and then pinning the GameStop wallet icon to the extension bar.

From there, it is a basic account creation and activation protocol and, within minutes, customers are ready to start trading in NFTs and crytocurrency right from the browser extension wallet,