GameStop has officially launched its NFT marketplace.
The company’s NFT marketplace is published on Immutable X, its Layer 2 Ethereum scaling solution.
GameStop Launches Marketplace
In these days when video game stores are in decline, GameStop has made a new move. The company has officially launched the NFT marketplace, which has been in development for a long time.
The marketplace will offer assets for Immutable X games such as Gods Unchained, Guild of Guardians, and Illuvium, in addition to other web3 games. All transactions will be done free of charge.
Immutable, the company behind Immutable X, partnered with GameStop last February to create a gaming-focused NFT marketplace. Immutable had a valuation of $2.5 billion last March.
The co-founder of Immutable X said:
“The launch of the GameStop NFT marketplace means you can access millions of NFTs along with the best web3 games ever developed, while maintaining the premium experience for gamers”
GameStop earned $1.1 billion in the second quarter, according to the company’s earnings report. This means a 3.4% decrease compared to the previous quarter.
The company also partnered with FTX US last month so that its users can use FTX’s digital assets.
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