News13 July 2022

Gamestop decides to launch the NFT marketplace

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Gamestop is a true legend in the geek world. Once a chain of offline and online shops with games and consoles, it became a real investment meme cause of the dire financial situation it was pumped by Reddit users.

And in the last six months, a massive purge and recruitment of a team of specialists in blockchain gaming, high tech, product upgrades, and e-commerce have begun. A real rebirth.

The company plans to move into the NFT sector to become a trading platform. Among the important collabs is the cooperation with Immutable X Layer-2 NFT, which is scheduled to be implemented by the end of 2022. Although, in the early stages of Gamestop's transition into the world of crypto feedback from employees left much to be desired.

As of this writing, 250 different NFT collections and around 50,000 unique units of non-fungible tokens are already available. There is also an open invitation to the developers to add more collections.

Also, let's not forget that the entire crypto launch comes during a bear market. Overall, it is difficult to make any predictions about how the platform will perform now, as we have only seen the company as a service provider to gamers before.

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