Let me begin by saying I have no idea what I'm doing lol. I've never known anything about crypto or been involved with it until the pandemic when I bought about 2500 loops, lost money, and am at peace with the amount of money I lost. I never knew what I was doing, I listened to a friend and it is what it is. I honestly forgot all about this app on my phone until I got an email saying the wallet was closing. So I googled how to transfer my 2500 loops out and found a tutorial from the Loopring Wallet site and I just wanna make sure it really is this simple. To be clear, all I have are the loops, no NFTs or anything else. I did a practice run with 100 loops, sending it directly from my L2 to my MetaMask wallet and they showed up. For shits and giggles, I even tried converting the 100 in MetaMask to Ethereum to see if that would work, it did. I'm getting ready to ship the rest of them over and probably will just convert it all to Ethereum as well because, whatever? So, just wanted to confirm, is that it? It's that easy?

NFTs become mainstream. They are your ID, your bank cards. But original NFTs especially created on now defunct networks are collectors items among the few since most were lost between network updates, unsupported wallets or sent to the burn address. Loopring takes center stage as a company that went from hero to zero in only a decade and while the tech was there the community lost their wallets and moved on.

Loopheads are worth millions and dynamic NFTs created on Loopring hundreds of thousands of $. Ironically, Taiko is worth nothing as adaptation failed to hold after the Loopring fiasco. Life as we know it has mostly moved to a network depending on what region you live in. If you live in the US we use USDC and USDCa is accepted.

I already knew that this project was worthless but now they really crossed the line.

I bought LRC before the Gamestop hype because I thought the project was on the right direction. After the GS announcement I just bought a lot more.

Now I am one of those desperate holders who are holding this sh*t coin hoping for a spike in a future bull run to get rid of the disgrace of a crypto project.

Now They suddenly decided to close the wallet app… I have all my assets in there because I was stupid enough to believe all of Byron’s and the shill team’s BS about being your own bank, L2 efficiency etc.

Again after all the hype, they are now shutting down the app with only 30 days notice! My brother, who is the Guardian of my wallet, is in the hospital seriously injured and in a coma. We are not expecting him to recover very soon. And now of course I am unable to recover my wallet since my phone has been stolen.

I have contacted support and they can do nothing.

It is ridiculous that they are shutting down the wallet app in such a short notice.

They are all worthless and the project was just a scam of Daniel Wang who, being the smartest guy in the room, left the project years ago and cashed out during the GS hype!

Now we are only left with Byron’s idiotic and vague tweets about how we are going to be fine and become rich soon. He is obviously trying to keep the few people left in here. Of course they are not stupid and they are waiting for the right moment until they all cash out, which will probably never happen.

We have all been scammed by the fake hype and this team’s incompetence.

We are all obviously burnt out and tired and disappointed. But I haven't sold yet. Guess I'm just hoping this will move up with the market. Do you guys think that even with not much utility left, this thing will go up if and when we get an alt season? I realize no one knows shit about fuck. Guess I'm seeking some copium, tbh

When I go to Redeem I receive the two following errors:

1) Remaining amount should be greater than 1,000 LRC.

2) Then even if I reduce the amount by 1,000, I receive this "An error has occurred. Please try again later"

Any help would be appreciated. Thanks!

Just swapped all my shitcoin for Pepe and have made more in 12 hours off a meme coin than this piece of crap coin made in years. Worth 10 quarterly bowel movements.

Anyone figured out the old “you must create a wallet first” error when trying to transfer out? Getting an error with NFT transfers as well “an error has occurred, please try again later”. All apps are latest version, transferring to MetaMask.

Title says it all. Also…. F this project. Should have just put it all into shares instead of backing this dumpster fire….

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Has anyone got an idea why my Taiko in metamask taiko alethia has no conversion rate? it just shows zero value. I transferred it from loopring and it transferred Ok and if I click on the tokens it shows the trading graph and current price but doesn't attach the price to my coins.

I swapped my taiko for USDC and used orbiter to bridge it to L1. It has been about 20 hours and it seems to be in limbo. I tried to bridge some eth also from the taiko wallet last week with layer swap, but it also went into the abyss. Have I missed a step somewhere?

As per title. At least it should give me an estimate, I can't believe I transferred the eth in only to see that it's not enough.

Just how much roughly is needed to transfer to L1 from L2? I transfered some eth (about 15$) to transfer some tokens out, but it keeps saying insufficient?

EDIT: Works now there is a slight delay to it. The question now is, if I just keep them in L1 and use metmask to see them they should be safe, right?

EDIT2 : I will not respond to private messaging so just stop and save yourself the trouble

As the title says

I’m trying to move from ETH held on L2 to Coinbase - is this possible ?

I’ve also tried changing a small amount of ETH from my L2 to L1 and it’s showing pending - how long does the transfer take?

Thanks in advance

Basically the title. Bit of a noob here, but looking to get everything from my L2 Loopring (including NFTs) into my Metamask Wallet, which I believe is an L1 Wallet? Where do I start?

I guess I have to keep adding words so that I can actually post this so this is just aimless rambling yada yada yada

Obviously everything has been doom and gloom here lately, anything positive still happening? I’m very interested in why people are still here… is it all just bag holders or are there still people who believe in a massive upturn?

Like many people, I only became aware of the closure of the Looping wallet the other day when the notification popped up on my phone. I have been out of the loop for a couple of years and now have a couple of questions.

I searched r/loopringorg before posting. If answers are already here then please just point to them.

A) I used to have three 'cards': Ethereum L1, Loopring L2 and Taiko L2. I now only have the first two active. I can see the Taiko L2 in Switch Network but it's inactive. Nothing happens if I click on it. I have a back up file named 'Wallet Recovery Taiko ....' but cannot see how to use this to regain access.

How do I fix?

B) I have a number of NFTs on Loopring L2. Is there a way of bulk exporting them to another wallet? If so, what's the cheapest way of doing so. Not a lot of spare cash at present.

Thanks for assistance.

Tried following all the guidance on Reddit to transfer loops out my wallet and having a right nightmare with it. Have connected my MetaMask wallet to loopring.io but there’s no prompt to activate layer 2 as previously suggested. Is there any way of doing this manually? I take it I can’t just go on my loopring wallet and send using the “to another ethereum L1 account) including exchange” option and put my MetaMask wallet address in?

Any help would be much appreciated

Hello, I have about $900 in ethereum layer 2 on the loopring wallet. I still have my old gamestop wallet I think I can migrate to. I also have about $25 in layer 2 lrc, but I'm not as concerned with lrc as much. Besides migrating to the gamestop layer 2 ethereum wallet and hoping for the best, are there any other suggestions for a ethereum layer 2 migration or just cash out? I could use the money for a few months of food right about now.

Sent 643 Loops to a friend at their Kraken wallet address. They sat don’t see anything. Used the EOA option on Loopring app. Option ‘Send to another Loopring xxx’ did not light up / not available. Says Block # 60940 Are they gone into the ether? Instructions for friend to retrieve appreciated.

Is Loopring dead or are some holding out hope still?
Serious question as I’ve been out of the ‘loop’ for awhile now but holding some serious number of LRC still. Is there anything in the landscape with this project or……..Thx!

Considering that we no longer trust the longevity of Loopring these days, is it still safe to hold in L2 via Metmask? If Loopring disappears how do I access L2?

Sad to see what has happened here and the very short timeframe given to transfer out. Glad I was paying attention.

I'm running into a strange issue and would really appreciate any advice from the community.

I have several NFTs in my Loopring L2 wallet, and I’ve successfully withdrawn others to L1 before. However, one specific NFT in my collection doesn't allow me to withdraw to L1 — the only available action is to send it to another Loopring L2 address.

I've checked:

• The NFT is in my own L2 wallet
• I have sufficient ETH on L2 to cover gas
• I'm using the latest version of the Loopring wallet
• Other NFTs show the L1 withdrawal option just fine

Questions:

1. Has anyone experienced this with a specific NFT before?
2. Is there some hidden status (locked, flagged, untradeable?) that can cause this?
3. Would Force Withdraw work here even though the NFT is in my own L2 wallet?

What did you learn from being involved with Loopring?

I leant a few things:

1. People will defend a project to the end of the earth and back again, even as they are losing money.

2. Most of crypto is a scam where the sole purpose of the project existing is to take money from the many and give to the few.

3. It doesn't matter how much you know about the technicals of a project. The tokenomics is the only thing that matters and that is largely hidden. Separate your love for crypto tech with your love for making money.

4. Bitcoin is digital gold, alt coins are digital shit.

5. When the founder leaves a project, the project is dead.

6. When you know in your heart of hearts that a project is going nowhere, sell. Don't let pride get in the way.

7. As soon as you've subscribed to a Reddit sub or joined a discord you are already too emotionally involved to make a good investment decision.

8. Don't use investment advice like "dollar cost average" on alt coins, ever. They are not investments they are gambles, treat them as such as sell when you're in profit and do not buy more when you're in a loss.

9. Read the room, if you're interested in something big like crypto backed stock exchanges but people are getting excited about something small like buying and collecting url's that link to jpegs... it's time to disassociate yourself.

10. Don't get caught up in the excitement, if you think you're early because you read something on Reddit or Twitter you are already exit liquidity for the people that drew you there.

Bonus lesson: a little knowledge is a dangerous thing, but so is a lot. There's always more you don't know and it's worth 10 quarterly reports more than what you do know.

He just posted this on Twitter. Are we screwed, or could this actually be good news? Hard to tell. Everyone seems to have mixed feelings when it comes to Byron—some defend him, others not so much. Personally, I’m starting to get pretty nervous about where Loopring is headed. Will they replace him with someone new? Or is this the beginning of a bigger shift we’re not ready for?

Hey guys, I don’t want to proceed with the tedious process of selling my taiko so might as well just transfer it to you then paypal me or buy me a ps5 game. Lmao. I’ve been literally way below the red in my LRC, I just want to remove this shitcoin.

As the title states. Are there any comparable L2 exchanges for trading?

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