Game Wallet Initiative Hits Pause: Keyp Shifts Focus to Open Dollar

Joseph Schiarizzi, the founder of the Game Boy cryptocurrency wallet initiative, confirmed on Wednesday that the endeavor has been halted after only six months.

“Game Wallet,” a product of cryptocurrency startup Keyp, ceased development. Its purpose was to gamify the experience of using crypto hardware wallets by allowing users to store their Bitcoin and Ethereum on a vintage, physical Game Boy.

The organization informed its supporters via email that it has shifted its focus to a novel stablecoin initiative known as Open Dollar.

When queried about whether the startup has terminated the project, Schiarizzi responded by stating that the Game Boy initiative is “indefinitely on pause” rather than “shut down.”

“At present, our complete attention is on Open Dollar; however, I maintain an optimistic outlook regarding my potential future return to Game Wallet,” the founder stated.

The organization informed Game Wallet update subscribers via email of the rationale behind the indefinite pause.

The project’s team wrote, “In light of the present market conditions, we have made the difficult decision to pause development on Game Wallet to concentrate on a new, exciting endeavor—Open Dollar.”

The company continued, “We recognize Game Wallet’s immense potential and apologize for this change in strategy.” “We are certain that Open Dollar, despite being a departure from the status quo, will provide substantial value in the evolving DeFi industry.”

Keyp provides email subscribers with access to Open Dollar’s beta as a consolation.

Cryptocurrency enthusiasts and gamers alike will have to patiently await the realization of their Game Boy wallet aspirations for an extended period.

Until then, both groups must maintain optimism that the development team will revisit the undertaking.