2023-05-21 09:38:12
The nostalgic handheld game console GameBoy launched by the Japanese game company Nintendo in 1989 was once popular until it was discontinued in 2003, but now the GameBoy may have new uses. The cryptocurrency startup Keyp recently announced that it plans to transform the GameBoy An offline cold wallet for storing cryptocurrencies.
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addJoseph Schiarizzi, founder of cryptocurrency start-up Keyp, on the 19thAnnounceLaunched a new project “Game Wallet”, which plans to transform Nintendo’s handheld game console GameBoy into a cold wallet that can store encrypted assets. He pointed out that after Ledger recently launched the “Ledger Recover” service to help customers back up their private keys. After the controversy, The company realized the need to have true offline cold wallets.
Game Wallet will not just be a simple hardware wallet with the appearance of a Game Boy. The feature of this cold wallet is to gamify the mnemonic generation process, and generate the user’s mnemonic through random tasks and interactions with NPC characters. Joseph Schiarizzi A demo video was released in January this year.
Gameboy cold wallet demo: seed phrase is generated by talking to an NPC using a hash of your previous 500 button presses as you walk around and do quests. pic.twitter.com/91sBtBE6uw
— JOSΞPH ???? (@CupOJoseph) January 21, 2023
Game Wallet will be compatible with any cryptocurrency that uses BIP-32 mnemonics, which means that Game Wallet will support storing cryptocurrencies such as Bitcoin and Ethereum. In addition, Keyp plans to release Game Wallet as open source software.
Game Wallet has not yet announced an official release date, but Joseph Schiarizzi told Decrypt expressKeyp plans to launch pre-orders soon, and if the impact of supply chain or technical obstacles can be ruled out, Keyp aims to officially launch the product this summer.
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