GameStop launches NFT marketplace. GameStop plans to launch a novel NFT marketplace as a part of its recent push for the adoption of digital assets. The NFT marketplace is in Beta testing and the public can connect and get access to the market by going to GameStop NFTs official website and connecting their crypto wallet. This comes as the crypto market crashed amid a massive sell-off by investors and heightened inflation fears and pausing of withdrawal by crypto lending service Celsius and Vauld.

It has partnered with layer 2 system Immutable X as a part of its plans. GRAPEVINE, Texas -- (BUSINESS WIRE)--Jul. 11, 2022-- GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has launched its non-fungible token (NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. GameStop has been eyeing NFT for a while. GameStop aims to bring a NFT marketplace by the second quarter of 2022. Amidst a turbulent market, video game company GameStop has released its NFT marketplace in partnership with blockchain startup Immutable X. New York (CNN Business) The calendar changed, but the roller coaster ride for GameStop's stock continues. At the time of writing, over 230 NFT collections were listed on the platform. MediaPost.com . Last month, GameStop and Immutable launched a $100 million joint fund to invest in gaming NFT projects. Jul. GameStop is hoping to attract game developers and studios to use the marketplace with the help of a $100 million fund. Key Points GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs. American video game retailer GameStop has finally launched its long-awaited non-fungible token (NFT) marketplace. The company just GameStop has released its fourth quarter and fiscal year 2021 report, that they plan to launch an NFT (Non-Fungible-Token) marketplace by the end of July. GameStop has launched open beta access to its NFT marketplace with initial support for digital art collectibles.

With Ether down nearly 70% this year, and NFT sales falling precipitously, GameStop's NFT marketplace is just in time to get its foot in the door of the NFT market, valued at US$25bn last year. The market provides users with the opportunity to buy, sell, and trade NFT collections. GameStop Launches Its NFT Marketplace Just as NFT Sales Dry Up. GameStops new NFT The NFT marketplace will see the company expand from a popular meme stock into a company that deals with and invests in cryptocurrency and Web3 technology. By late 2021, the company had posted several NFT and Web3 gaming job positions. In February, GameStop, one of the original meme stocks, said it would be partnering with layer 2 system Immutable X for the launch of its NFT plans. To go with the marketplace, GameStop also intends to launch and integrate their first-party crypto wallet known as GameStop Wallet. The company has been experiencing turmoil recently as it laid off staff, including the company CFO, but its stocks spiked more than 8% last week after announcing a 4-for-1 stock split. In its earnings release, GameStop said the partnership would provide it with up to $150 million in Immutable X IMX tokens upon achievement of certain milestones. July 11, 2022 2:00 PM 1 GameStop NFT Marketplace has officially launched, and it is just in time for a painfully terrible crypto bear market. GameStop celebrated the launch of its NFT marketplace on Monday. GRAPEVINE, Texas -- (BUSINESS WIRE)--Jul. GameStop is launching an NFT marketplace later this year in partnership with an Australian blockchain startup called Immutable X. GameStop Launches NFT Marketplace (cnbc.com) 46. However, in the past 1 year, the demand has subdued, and it will be interesting to see if Gamestops NFT marketplace is a success. According to an official press release As per the fiscal fourth-quarter earnings report of GameStop, it is intending to bring a NFT marketplace by the end of July. GameStop is pushing a digital first turnaround strategy to revive its business. GameStop (NYSE: GME) stock is trending today on news that the video game retailer has launched its own non-fungible token (NFT) marketplace. In a news release, GameStop said that its new NFT platform is now open to the public for beta testing. On March 17, American video games retailer GameStop revealed its intentions to launch an NFT Marketplace by the end of the second quarter of 2022. GameStop Launches NFT Marketplace by Taylor Scott 48 mins ago in NFT Less than 60 days following the beta release of their new Ethereum-based NFT wallet, GameStop has gone live with their long-awaited NFT marketplace. Sponsored. GameStops revenue is down, and its business model has been hit hard by the increase in digital downloads. It had hired dozens of people in Q4 with expertise in blockchain gaming. MADworld offers an NFT Origination Platform and NFT Marketplace which use blockchain technology to defend the artists, artwork, creators, and content that enter the untraversed multiverse. The demand for NFTs was sky high when the price of cryptocurrencies was also near its ATH. GameStop first unveiled plans to launch an NFT marketplace in May 2021. The platform hopes to welcome gamers, creators, collectors, and other web3 community members as the target market to conduct the buying, selling, and trading of NFTs on this marketplace. American video game retailer GameStop launched its NFT marketplace project on July 11. 11, 2022-- GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has launched its non-fungible token (NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. CNBC reported on July 11, 2022. Since its NFT marketplace launched on Monday, over $3.5 million has been spent on the platform's top 50 NFT collections. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. GameStop, a well-known gaming company, headquartered in the United States, has created a market for NFTs. New York (CNN Business) The calendar changed, but the roller coaster ride for GameStop's stock continues. GameStop shares jumped as much as 20% Friday morning after the Wall Street Journal reported the company is creating a nonfungible token, or NFT, marketplace. On July 11, GameStop announced the marketplace, offering customers several benefits such as low prices and quick transactions. July 13, 2022. The marketplace will allow gamers, creators, collectors, and community members to buy, sell, and trade NFTs, according to the press release, which was published on July 11. Print Article. At the time, the gaming retailer released a website named nft.gamestop.com, which included a call to action for developers, engineers, and community leaders. Its Ethereum-based depot for virtually autographed JPEGs arrived GameStop NFT will allow gamers, creators, collectors and community members to buy, sell, trade and create NFTs. GameStop announced the launch of its NFT marketplace this week at a time when the mood among crypto enthusiasts remains bleak and the price of Bitcoin continues to fall. The NFT Marketplace launch is the fulfillment of a promise made by management that the platform would launch by the end of Q2 2022. Developing This article is only meant for educational purposes, and should not be taken as investment advice. The launch comes amidst an industry-wide NFT sales slump. GameStop today launched its non-fungible-token ( NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. GameStop Launches NFT Marketplace. The company describes the marketplace as a non-custodial, Ethereum Layer 2-based marketplace. Specifically, the marketplace is built on the Loopring. July 12, 2022 9:00 am THE GAMING COMPANY HAS ANNOUNCED THE LAUNCH OF ITS FIRST NFT MARKETPLACE! The new marketplace has already generated more than $4.2 million in its first few days, and you can explore the new website at nft.gamestop.com. July 15, 2022. Published: July 12, 2022 Markets Leading American video gaming platform, GameStop on Monday launched its first NFT marketplace duped GameStop NFT. GameStop has launched an NFT Marketplace, the long-awaited debut of its online marketplace for non-fungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology. One of them is the construction and launch of the GameStop NFT Marketplace by the conclusion of GameStops fiscal Q2 2022. GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology. The NFT marketplaces launch is part of GameStops efforts to turnaround its business after years of declining sales and poor financial results. The launch of GameStop's NFT marketplace made a quiet $44,500 on its first day in transaction fees for web3 trades. American video game retailer GameStop has finally launched its long-awaited non-fungible token (NFT) marketplace. According to an official press release on Monday, the platform will enable gamers, creators, and avid NFT collectors to buy, sell, and trade digital collectibles. The marketplace is part of a push to turn the retailer around. In a press release on Monday GameStop announced, that they have now opened their very own NFT marketplace. 12, 2022, 04:55 PM. GameStop launches its NFT marketplace, but its too late as the market is no longer the same it used to be. GameStop Corp. today announced that it has launched its non-fungible token (NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. The marketplace is already live

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