GameStop’s NFT Marketplace Goes Live
www.coindesk.com
11 July 2022 20:55, UTC
Studying time: ~2 m
The NFT market for online game retailer GameStop is reside after being within the works since final 12 months.
“GameStop (GME) in the present day introduced that it has launched its non-fungible token (NFT) market to permit players, creators, collectors and different group members to purchase, promote and commerce NFTs,” the corporate mentioned in a press release on Monday. GameStop beforehand meant to launch {the marketplace} earlier than the top of July.
GameStop in Might unveiled its digital asset pockets for storing, sending and receiving crypto and NFTs forward of {the marketplace} launch.
In its February earnings launch, the corporate mentioned it might be partnering with layer 2 system Immutable X for the launch of its NFT plans. The tie-up, mentioned GameStop, would offer it with as much as $150 million in Immutable X IMX tokens upon achievement of sure milestones.