Crypto News
| Published On Jul 12, 2022 2:43 am CEST | By Peter Siu

GameStop’s NFT Marketplace Is Live

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More than a year in the making, the highly anticipated NFT marketplace of video-game retailer GameStop has gone live.

In a statement on Monday, the company said that the platform allows “gamers, creators, collectors and other community members to buy, sell and trade NFTs.”

GameStop had already unveiled its digital wallet in May, where users can store, send and receive cryptocurrencies and NFTs ahead of the planned marketplace launch, which was set before the end of July.

Furthermore, “over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments,” the press release said.

In February, the company announced to have partnered up with layer 2 blockchain Immutable X under which Immutable X established up to an $100 million fund in its IMX tokens for grants to creators of NFT content and technology. As part of the deal, Immutable X will provide GameStop with up to $150 million in IMX tokens when certain milestones are achieved.

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Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.