GameStop Enters NFT Arena With Recent Buzz of NFT Marketplace

gamestop-enters-nft-arena-with-recent-buzz-of-nft-marketplace Published 1 month ago Views (14) Finance
NFT News GameStop has been accused of breaking New York labor regulations. A Dallas suburb, Grapevine is the headquarters of the world’s biggest video game retailer.

NFT trend, according to some, is slowly fading, but others think it’s just a correction, and it is here for the long run. GameStop Corp. is based in the United States, a video game, consumer electronics, and gaming products store. A Dallas suburb, Grapevine is the headquarters of the world’s biggest video game retailer.

Riding the Bandwagon

The faltering business model of GameStop is getting a new wing. NFTs are becoming a part of the company’s strategy. People thought GameStop would be the last place to sell NFTs. It only made sense for the video game retail chain to follow Square Enix and Ubisoft onto the blockchain and NFT bandwagon.

An Ethereum-based cryptocurrency platform dubbed Immutable X is implemented into GameStop’s NFT marketplace so that NFTs can be sold cheaply. Last month, Robbie Ferguson, the co-founder of Immutable X, said that it might debut four to eight weeks earlier, putting the date between June 1 and June 30.

While GameStop was mired in a labor dispute, this revelation came to light. GameStop has...

Content Source

profile-avatar

Quinn loves to dispel the myth that smart women don’t read (or write) romance, and if you watch reruns of the game show The Weakest Link you might just catch her winning the $79,000 jackpot. She displayed a decided lack of knowledge about baseball, country music, and plush toys, but she is proud to say that she aced all things British and literary, answered all of her history and geography questions correctly, and knew that there was a Da Vinci long before there was a code.

Related Posts