GameStop has partnered with Immutable X for its NFT marketplace.
The company said it has formed a partnership with Immutable X, an Ethereum second-layer solution that does not charge transaction fees from NFTs for a carbon-neutral environment, according to a press release on Thursday. GameStop plans its market to include billions of low-cost, in-game assets that can be easily traded. The market also leverages the zero-knowledge proof technology Starkware, which can consolidate thousands of Ethereum transactions into a single transaction.
GameStop and Immutable have also launched a $100 million fund in their ecosystem to support Web 3 game developments. Robbie Ferguson, co-founder of Immutable, told CoinDesk in an interview:
“GameStop’s mission is literally power for gamers, and that’s exactly what we’re trying to do here… $100 million is the bare minimum of what we’re doing.”
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