What Is A Wallet?

Learn about wallets

A digital wallet is needed to help buy, sell, and store cryptocurrency and also NFT collectibles on blockchain. Think of it as an address on blockchain, and using your address you can store, send and receive digital items from it.

Custodial vs Non-Custodial Wallets

There are two types of digital wallets: custodial (“hosted”, "managed") and non-custodial.

• Custodial wallets: these are managed by a 3rd-party company (like us, Revelator), and allow whitelisted access via a backend authentication method or similar.

• Non-Custodial Wallet: these are managed entirely by the wallet owner. The wallet owner must keep their private key secure in order to keep it safe. Similar to a code to a safe or an account ID & password for a bank account.

Different wallets support different blockchains, and not all wallets support NFT collectibles.

Wallets supported for storefronts (for buyers)

The following wallets can be used by buyers to purchase collectibles listed on your storefront:

• Metamask

• more coming soon