GameStop Launches Its NFT Marketplace Public Beta

2022-7-12 11:00

GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. The marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet.

GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. The marketplace will allow gamers, creators, collectors, and community members to buy, sell, and trade NFTs, according to the press release, which was published on July 11.

GameStop brings NFT efforts to fruition

The GameStop NFT marketplace is accessible in multiple digital asset wallets, including the company’s own GameStop Wallet. The marketplace was developed in collaboration with Immutable X, for which GameStop received IMX tokens. The tokens have been sold for a sizable $77 million.

GameStop has been working on crypto and NFT initiatives for quite a while now, making a quiet announcement into the space in May 2021. In January 2022, the stock, which is popular among retail traders, spiked by 30% following the announcement of its NFT division.

The NFT marketplace could be the start of a new era for GameStop. The company has experienced something of a revival in the past 18 months. With the popularity of NFTs still strong, this revival may be even more pronounced going forward.

Not all smooth sailing

While the crypto developments have injected new life into the once-struggling company, GameStop has still had a tough time in 2022. The company reported a $158 million loss in Q1, 2022. It did note in the report that new brand relationships have boosted sales, which likely refers to the crypto efforts that it has been making.

GameStop does have good potential within the NFT space, as the unique asset has applications within the video gaming industry. It could serve as a way to collect digital items and facilitate in-game economies. Many companies are already working on this, and it could have an impact on how the video game industry pans out in the future.

The company will have stiff competition from the many that are now working with NFTs, but it could still offer a boost that can take the company to new highs. With the metaverse also projected to take off, the NFT space may take an even bigger space on center stage in the near future.

The post GameStop Launches Its NFT Marketplace Public Beta appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Hamster Marketplace Token (HMT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 HMT

marketplace gamestop beta public nft based wallet

Источник: beincrypto.com

marketplace gamestop → Результатов: 32


Фото:

Trending Crypto Assets after GameStop’s NFT Marketplace Announcement

The social trends analysis by Santiment’s experts confirms the growing interest in crypto projects such as Loopring and ImmutableX following the recent GameStop’s NFT Marketplace Announcement. While the overall crypto market still experiences high uncertainty, Loopring has demonstrated 28% positive social media dynamics during the past 7 days.

2022-4-1 11:49


GameStop NFT Marketplace is here

Users can now enjoy the benefits of GameStop’s NFT marketplace as the beta version was recently made available, with the complete version set to launch soon. GameStop: Earlier than expected Not too long ago, we talked about the expected launch of GameStop’s NFT marketplace before the end of the year, but right now, in Q1, […] The post GameStop NFT Marketplace is here appeared first on NFT News Today.

2022-3-25 05:21


GameStop Set to Re-strategise Web3

GameStop has become an unlikely champion of the Web3 space, and after an underwhelming quarter performance, GameStop plans to go all-in with an NFT marketplace GameStop: Q2 NFT Marketplace GameStop is a company that should not be in existence, but thanks to unbelievable bravery and community behavior from the Reddit community, GameStop was not only […] The post GameStop Set to Re-strategise Web3 appeared first on NFT News Today.

2022-3-20 09:31


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Coinbase Launches NFT Legal Defense Fund Amid SEC Pressure

Coinbase's Stand With Crypto creates a $6M fund to support NFT projects against regulatory actions. Backed by a16z and OpenSea, it aims to protect blockchain creators from SEC scrutiny. The post Coinbase Launches NFT Legal Defense Fund Amid SEC Pressure appeared first on BeInCrypto.

Yat Siu Talks Blockchain Gaming and Digital Identity

Yat Siu, co-founder and executive chairman of Animoca Brands shared his unique perspective on the evolving landscape of Web3, drawing from his extensive experience in tech innovation and his multicultural background.

96% of NFTs Are Considered Dead, Report Says

A report shows 96% of NFT projects have failed, with most investors facing losses. Successful exceptions like Azuki underscore the market's risks. The post 96% of NFTs Are Considered Dead, Report Says appeared first on BeInCrypto.

Galaxy Digital Issues Loan Secured by a 316-Year-Old Tokenized Violin

Galaxy Digital, under Michael Novogratz, issued a loan using a 316-year-old Stradivarius violin and its tokenized NFT as collateral, reflecting the growing trend of asset tokenization in finance. The post Galaxy Digital Issues Loan Secured by a 316-Year-Old Tokenized Violin appeared first on BeInCrypto.