Stock Groups

Video Game Retail Giant Gamestop Hints at an Upcoming NFT Marketplace By BTC Peers

by Mike Robinson

[ad_1]

Gamestop hints at a forthcoming NFT marketplace for video games

GameStop (NYSE) was able to enjoy an entertaining business year. The firm faced off with Wall Street hedge fund at the beginning of the year. The firm’s shares are currently trading at $146.46 an unit, despite facing several bankruptcy concerns. The firm previously revealed that they were looking to hire a security analyst who has experience with blockchain, NFTs and cryptocurrency before expressing their interest in NFTs. The firm’s latest announcement today, posted on their website, did not include much detail about its intention to hire NFT content creators.

The official NFT website of GameStop states that the marketplace for NFTs is ready for launch. It also asks creators questions like what name they would like to use as NFT creators, if they’ve ever created an NFT, and whether or not they’ve used a wallet. GameStop is believed to be working in partnership with Loopring, an Ethereum token that Loopring describes as “open source, audited and non-custodial.”

Similar: Gamestop Announces Release Date for NFT Marketplace

These speculations resulted from a Canadian journalist asking Loopring’s Chief executive Officer Daniel Wang questions about the GameStop NFT rumors. The CEO answered a question about the alleged collaboration between GameStop NFT and Loopring. This led many people to believe that such a partnership is indeed possible.

GameStop has not yet provided any further details about the launch of their marketplace or how it will operate. Many people believe their NFT marketplace will be based upon the Ethereum blockchain, based on the Ethereum contract they have posted to their official website.

Continue reading on BTC Peers

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts, buy/sell signal, and quotes. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]