* Our Parent Company Crypto Token is LIVE!!! *Flag Token

GameStop To Launch Its NFT Marketplace In Late Q2

Date:

Share post:

Last year, the community revived GameStop from what seemed like a slow and painful death under the claws of greedy Wall Street hedge funds. Now, GameStop wants to give back and make the most out of this second chance with the launch of an NFT marketplace to serve gamers, crypto lovers and tech enthusiasts.

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.

According to its Q1report, the marketplace would be powered by Immutable X, a Layer 2 protocol running on the Ethereum network, allowing NFT to be exchanged instantly with a transaction scalability of 9,000 operations per second, without charging any fees to its users.

GameStop Speeds Up The Launch Of Its NFT Marketplace

Last February 3, GameStop announced that the marketplace would be launched by the end of 2022; however, according to the new report, the launch date has been changed to late July of this year.

On the other hand, GameStop announced the creation of a $150 million fund in IMX tokens —the official…

Read more…

Related articles

Revolutionizing Inter-Blockchain Communication – Benzinga

Revolutionizing Inter-Blockchain Communication  Benzinga Read more...

Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators

David Leichtman, Leichtman Law managing partner, told CoinDesk TV on Tuesday that the case wasn’t necessarily about Mason...

UK blockchain carbon offset platform raises $45M in seed funding

According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45...

The war among blockchains should stop to speed up adoption – Cointelegraph

The war among blockchains should stop to speed up adoption  Cointelegraph Read more...