GameStop launches its own NFT marketplace

Going forward, the company plans to add other products, such as Web 3.0 gaming, to the platform apart from non-fungible tokens

12.07.2022 - 09:00

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What’s new? GameStop, a video game retailer, has launched a public beta of its own NFT marketplace. It is a non-custodial marketplace where users can trade non-fungible tokens, as well as create their own collections. In the future, the company plans to expand its functionality and add other products, such as Web 3.0 gaming, according to a GameStop press release.

The company’s press release

What is known about the marketplace? It is a platform based on Ethereum L2 that provides high transaction speeds and low fees. It can be accessed using the GameStop Wallet, which was launched in May, and other Ethereum-compatible wallets. The platform’s functionality allows one to view statistics for NFTs, and the educational content is also presented, which includes the basics of token handling. At the time of writing the news, there are 236 collections in the marketplace.

What is known about GameStop? It is an American retail chain selling video game consoles, computer games, and accessories, founded in 2000. As of January 30, 2021, the chain had 4816 sales outlets in the United States and 17 countries around the world. The company’s shares are traded on the New York Stock Exchange (NYSE) under the ticker GME, as of July 12, 09:00 UTC, the price is $130,09, up by 1,21% per day.

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