GameStop Unveils Its Own NFT MarketPlace

By 2 years ago
  • GameStop NFT marketplace is now live
  • The marketplace will permit users to explore different NFT collections.

After much anticipation and hype, video game giant GameStop has finally unveiled its own NFT marketplace.  

GameStop NFT Marketplace Is Now Live

The video game retailer has finally launched its own digital collectible marketplace for the users to purchase and explore NFTs. According to the official press release, the firm’s NFT marketplace is a “non-custodial, Ethereum layer 2 based marketplace that enables parties to truly own their digital assets.”

The company had already released its own digital wallet in May, paving its path ahead to allow users to access NFTs in a simplified manner. 

Gamestop NFT wallet access aims to facilitate users ability to send and receive in-game assets without having to leave their web browser page. The marketplace was reportedly in the works since May last year and has been launched as a venture that will permit GameStop to dominate the NFT front. 

In February, GameStop partnered with a layer 2 blockchain, Immutable X. The said partnership established a $100 million fund in Immutable’s IMX tokens, which the firm intended to “use for grants to creators of the non-the fungible token (“NFT”) content and technology. “

The newly launched marketplace currently displays 236 NFT collections alongside a feature that enables users to view NFT stats and related data. The marketplace also boasts a section where users can get relevant information on how NFTs work and tutorial guides related to the basics of NFT purchasing and trade. 

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Juhi Mirza

Juhi is an archaeologist by major, so she loves to dig deep (no pun intended) and get into the nits and grits of research. Her favorite statement is Stephen Fry's "The Future is in the Past." It drives her to investigate and unearth the past to narrate the future meticulously.She's a great storyteller with a talent for narrating complex subjects and making them accessible to the masses.