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Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace


By Yes Mobile

Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace

Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace

On the finish of Might, crypto advocates found an internet site created by the online game retailer Gamestop. The online portal disclosed that Gamestop was getting into the world of blockchain tech and non-fungible token (NFT) property. Gamestop’s NFT net portal has just lately been up to date and is requesting creators to join the platform.

Gamestop NFT Web site Hints at Upcoming Market Launch

Gamestop (Nasdaq: GME) has had an fascinating 12 months, to say the least. It began initially of the 12 months in January, when the Reddit discussion board r/wallstreetbets sparked a Gamestop shares buying and selling conflict with Wall Road hedge funds. On the time, Goldman Sachs govt David Kostin stated “if the quick squeeze continues, the complete market might crash.” After the Wallstreetbets fiasco fizzled out of the limelight, Gamestop has managed to stay related after going through chapter, and shares traded for $19.26 per unit on December 30, 2020. Immediately, those self same GME shares are swapping for $146.46 per unit, up 655.73% since that day.

Moreover, Gamestop revealed a brand new NFT web site on the finish of Might, indicating that the corporate was dipping its ft into the world of NFTs. Previous to the web site launch, on April 8, 2021, Gamestop disclosed it was hiring a safety analyst that has expertise with blockchain, cryptocurrency, and NFTs. The web site didn’t give a lot info when it first launched however as we speak, Gamestop’s NFT net portal says it’s in search of NFT creators.

“Calling all creators,” Gamestop’s web site says. “Request to be a creator on the Gamestop NFT market,” the brand new description provides.

The Gamestop NFT market seems to be prepping for launch and the creator sign-up type asks numerous questions. The questionnaire asks what the NFT creator wish to be referred to as and whether or not or not they describe themselves as an “unbiased artist, creator, sport dev, or meme lord.” Gamestop additionally asks if the particular person has an internet site and if they’ve ever created an NFT. The Gamestop questionnaire additional asks the particular person if they’ve “ever used an Ethereum pockets earlier than.”

Loopring Hypothesis

There’s plenty of hypothesis that Gamestop will probably be working with the layer two (L2) challenge Loopring. On the finish of November, a Canadian reporter requested Loopring’s CEO Daniel Wang concerning the Gamestop hypothesis. After the reporter informed Wang that there’s been “plenty of rumors a couple of potential partnership with Gamestop” after which requested the CEO if the “potential deal” was legit, Wang replied:

I can’t touch upon that.

As of as we speak, Gamestop has not disclosed any extra details about the official market launch, the way it will work, or what initiatives the corporate is working with proper now. The Ethereum contract saved on Gamestop’s net portal and the brand new query about utilizing an Ethereum pockets has led many to imagine the NFT market software program will probably be based mostly on the Ethereum blockchain.

What do you concentrate on Gamestop updating the NFT web site and hinting about an upcoming market launch? Tell us what you concentrate on this topic in the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Information concerning the disruptive protocols rising as we speak.

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