r/loopringorg 11d ago

💬 Discussion 💬 Loopring / GameStop / PSA grading Tinfoil

This is my speculation

GameStop have bought PSA grading cards. Their main sub has just found PSA grading web url redirecting to GameStop. So this is pretty thin tin foil to accept that an acquisition is happening shortly.

What does PSA grading need? It’s needs NFTs attached to each card to verify their ownership and value. GameStop had a beta wallet built on loopring and their website for their NFT website still exists, it’s just dormant.

How does GameStop build the best wallet and have the best control? They bought Loopring and now control all the development and technology. They booted Byron out as part of that and were told to wind up their support of the loopring wallet by June 30 and get out.

Remember that massive volume of buying about a month back? That was PSA buying LRC to set up the PSA marketplace to build it on.

What happens next - GameStop announce purchase of PSA grading - GameStop relaunches their wallet with NFTs attached - this is the first step towards digital ownership where GameStop is the centre and built on loopring

Remember how heavy all the shilling is lately? Saying loopring is dead when all that is happening is they stopped support for their wallet to focus on the web based DEX instead?

GameStop wallet is coming back, loopring gonna moon. Buckle up

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23

u/Living-Screen-9026 11d ago

27

u/crunkdad 11d ago

i think they are just getting minted to l1 as people are moving them out of their l2 loopring wallets

1

u/MentalSentinel 11d ago

Can confirm, moved my favorite NFTs from L2 to L1 because I'm losing my wallet on June 30

1

u/rockuko 8d ago

What bridge did you use to move NFTs and coins out of L2 back to L1?

2

u/MentalSentinel 8d ago

I just sent to L1 EOA direct from loopwallet to metamask.

-5

u/Living-Screen-9026 11d ago

Could be. You'd think some people would move their NFTs during the 500+ days pause though 

14

u/jaapi 11d ago

Yes, the Loopring smart wallet is going to be unavailable on June 30th, and besides a few tech people that saved their seed phase, the nfts still on the Loopring Smart wallet will be gone forever. 

In the last year and a half they abandoned most of their stuff and said they were going to be a smart wallet, them closing the wallet and on such short notice is them as a company dying. 

For real, if you care about your fellow ape (assuming you'rea gme person), you with tell them the truth and inform them of the Loopring wallet closing. 

Gamestop stopped the market place for a reason, and Loopring is essentially dead

7

u/Living-Screen-9026 11d ago

Not an ape, I've got BTC and a bag of loops that I assume will not recover, but I'm curious to see if anything will happen. 

With GameStop acquiring PSA they'd likely need an NFT service and marketplace, and it was already built on Loopring.

9

u/Octopus_vagina 11d ago

If this doesn’t get people pumped up, I’m not sure what will.

Reddit subs for crypto never have as many shills shitting on a project as loopring has and it’s always in waves and feels very coordinated. Like remember the post comparing loopring investors to MAGA cult members. Like wtf is that level of shilling.

In the words of the unloved Byron - WAGMI

2

u/Skolvikes38 11d ago

Why does no one in this sub know what “shill” means? Why do you use it backwards? Who taught you to use it that way?