With the recent posting of news about the GameStop Wallet & Extension, I thought it right to make a quick guide on how to backup your passphrase to have it on-hand and ready to migrate if needed.
See banner message here: https://nft.gamestop.com
Due to the regulatory uncertainty of the crypto space, GameStop has decided to remove its iOS and Chrome Extension wallets from the market on November 1, 2023.
We advise that all customers ensure that they have access to their Secret Passphrase by October 1, 2023.
MAJOR NOTE: NEVER SHARE YOUR PASSPHRASE WITH ANYONE! ANYONE ASKING FOR YOUR PASSPHRASE IS A SCAMMER. Stay safe.
Mobile: Open Wallet > Click 'Profile' at bottom right > Select 'Backup secret phrase' > Read what it says and then hit 'Reveal Secret Phrase'
**WRITE THESE WORDS DOWN!** Like on actual paper and store somewhere safe. This is how you will import your wallet somewhere else in the future.
Chrome Extension: Log in to GS Wallet Chrome Extension > Click your avatar circle icon in the top right of the extension when it is open > Click Settings > Scroll down and hit 'Export Secret Phrase' > Read what it says, enter your password again and hit 'Export Secret Phrase' again
**WRITE THESE WORDS DOWN!** Like on actual paper and store somewhere safe. This is how you will import your wallet somewhere else in the future.
If you have any questions - please let me know! I'd be glad to help walk folks through it. Just remember to secure your passwords.
Remember - NOT YOUR KEYS, NOT YOUR CRYPTO! Same goes for stonks! NOT YOUR NAME, NOT YOUR SHARES!
I must say it's disheartening to hear they're closing the NFT wallet after watching it grow from infancy but obviously the NFT marketplace is here to stay and big things are coming this Fall from IMX, GameStop and other upcoming creators. Thanks for posting this guide for the less crypto savvy folk such as myself.
Of course, my pleasure. There are already some pings from the Loopring folks on social as well as the Telos video stating how onboarding needs to be a lot more frictionless.
I'm sure someone will have more extensive guides ands moving over actual IMX / L2 stuff like one of the other wallets.
Absolutely smoothed brained question here, but is the passphrase is the same as the initial one that was given to you when you created your wallet originally?
Edit: Nevermind, that phrase was something I had never seen before.
Glad you found it. There are two secret things you should make note of. The "Passphrase" and the "Private Key." The private key is another quick way to import your wallet data to another wallet like MetaMask. Both should be protected and not shared with anyone.
Since metamask doesn't really do L2 Loopring, am I correct in assuming that standalone EOA Gamestop wallets will orphan their assets which have not been moved to a Smart Contract loopring wallet, by the time Gamestop shuts down their wallet?
Does anyone know any other way to get at those assets without using the Gamestop wallet?
I cannot completely answer your first question but as it only just happened today, I'm sure another wallet will come forward to help out with a resolution. As of right now, Brian from Loopring's team posted this tweet on the matter: https://twitter.com/macro_diary/status/1686074579125485569?s=20
I did also see someone in the loopring discord building tool that will swap multiple assets / funds to help with migration. That's fully 3rd party and I always suggest you conduct your own research. We have time so no one should be super frantic about moving stuff all right NOW if that makes sense. Also, IMX is a different beast outside of L2 so I'm also waiting for that solution too.
That tweet is useful, and I hadn't seen it yet. Thanks for the response!
Still not on Android? How longs that been now ?.
Android had their own rules for the Google Play store that only just got relaxed recently about NFTs and the like. I'm sure that played a role in the hold up. We'll have to see what other Wallet steps in to help out.
But shit though.
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