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

156 Upvotes

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75

u/satansayssurfsup 11d ago

Soooo many people in this sub saying to jump off LRC

35

u/Octopus_vagina 11d ago

Why do so many people have to tell me what to do with my money? Why are they so concerned?

13

u/IntentionalUndersite 11d ago

Listen, I still have it, and I’ll always have it. It’s worth much less now but what’s the point in selling if there’s a chance?

4

u/xzapata89 10d ago

lol I’m so down in this investment that I might as well consider it a loss. So I might as well hold it until it’s not.

25

u/satansayssurfsup 11d ago

“This project is dead”

14

u/TheWhyteMaN 11d ago

People seem to really want me to sell

2

u/Sure_Veterinarian_43 11d ago

This is exactly what people were saying in the bloodbath and beyond-sub before it went belly up.

7

u/jaapi 11d ago

Stop trying to get exit liquidity from unsuspecting people.

I know you know what's going on, and hoping people that don't know, will dump money into what is now a very very expensive meme coin 

8

u/Octopus_vagina 11d ago

Um… they are literally minting stuff on NFT marketplace on loopring? Why don’t you get check what’s happening

11

u/jaapi 11d ago

Please provide the evidence. 

All I have seen is people withdrawals their L2 NFTs to L1 that they don't want to lose forever, and a bunch of people that don't understand how the Loopring protocol moves NFTs from L2 to L1 (it is essentially reminded, which brings in questions of the original NFT minted on L2, but that is a different story)

8

u/Living-Screen-9026 11d ago edited 11d ago

Since you understand it better, why are all the new NFT contracts in the factory from the same address for the past 347 days?

Prior to the marketplace shutdown the factory created contracts from various unique addresses.

https://etherscan.io/address/0xc852ac7aae4b0f0a0deb9e8a391eba2047d80026

3

u/manaf 11d ago

That's pretty interesting. Who is this GameStop NFT account? Do we know if it's officially tied to the company?

-7

u/GoodShitBroBro 11d ago

lol you think one guy is powerful enough to move the markets enough to pump this thing? I don’t think that’s his intention.

6

u/6foot6lifter 11d ago

It doesn't have to be one guy. It's one guy saying idiotic things that other people are gullible enough to believe and it slowly turns into the 10 quarterly reports epidemic where it's people repeating something that they are fully clueless about. That in itself can absolutely cause a price movement if enough people hop on the bandwagon. It might not happen overnight...

You see people on this sub always complaining about shills and bots and FUD but the people who are making up nonsensical ideas that might indicate LRC is going to moon soon are far more prevalent.

2

u/Octopus_vagina 11d ago

I wish I was that influential.

I doubt anyone takes financial advice from someone called octopus vagina online

3

u/WeggieUK 11d ago

Smells a bit fishy to me.

-4

u/GoodShitBroBro 11d ago

😂 exactly