With the recent debacle surrounding hardware wallet Ledger, crypto enthusiasts will be happy to know that it is possible to turn the Game Boy, one of the oldest mobile consoles ever released, into a cold wallet.
Retro Gaming Nostalgia
Crypto startup Keyp has assembled talented developers to breathe new life into the iconic Nintendo Game Boy handheld consoles. The goal is to transform these beloved relics into cutting-edge crypto hardware wallets known as Game Wallets.
The innovative fusion of retro gaming and offline cryptocurrency storage is sure to capture the imagination of enthusiasts seeking a unique blend of old-school charm and state-of-the-art security.
Transforming crypto security into a game
The Game Wallet goes beyond being a mere hardware wallet disguised as a Game Boy. It transcends gimmickry and emerges as a genuinely innovative concept. Picture this: a game cartridge for your Game Boy that not only safeguards your cryptocurrency but also leverages gamification to generate unique seed phrases.
Engage in captivating quests and interact with non-playable characters (NPCs) to unlock your cryptographic secrets. This groundbreaking approach seamlessly integrates entertainment and security, forging a path where gaming and cryptocurrency converge in a truly compelling manner.
After the initial setup, the Game Wallet becomes capable of securely storing a wide range of cryptocurrencies utilizing BIP-32 seed phrases. This versatile feature allows users to store popular coins such as Bitcoin and Ethereum right from the start. Furthermore, the wallet’s software is designed to be open source, enabling individuals to develop their own implementations if they wish to do so.
According to Joseph Schiarizzi, the founder of Keyp, the game experience provided by the wallet will resemble that of Pokémon:
“Our primary focus at Keyp is making Web3 accessible and safe for everyone with tools like social logins and extra security layers for wallets.”
Crypto community is turning its back on Ledger
Despite being in development since January, the Game Wallet is now more crucial than ever due to the controversy surrounding Ledger’s new “recovery” service. Keyp, with its team of nine individuals, recognizes the necessity for a genuinely offline storage solution.
The Game Wallet positions itself as an offline storage option that guarantees no firmware updates, emphasizing the importance of security and reliability. The founder of Keyp stated:
“With all the drama around the recent Ledger hardware wallet update, we realized the need for truly offline cold storage that minimizes trust. What started as a fun idea now seems to be a really important product. Trusting the supply chain for new security devices can be scary because we don’t know who has messed with a device, but I know exactly where the Game Boy on my shelf has been for the last 20 years.”
Although an official release date for the Game Wallet has not been confirmed, Joseph Schiarizzi revealed that the company intends to initiate pre-orders in the near future. With a target of launching in the summer, the rollout is subject to potential supply chain and technical challenges that may arise along the way.
The act of “cryptifying” the Game Boy is not a novel concept within the crypto community. In fact, two years ago, an IT security researcher, operating under a pseudonym, transformed the portable gaming device into a Bitcoin mining apparatus, albeit with significantly limited processing power and sluggish performance.