GameStop NFT Market Coming in Q1
GameStop, which rose to fame after a sensational stock pump last year, decided to enter the crypto space. The NFT Marketplace, which will be created as part of this intention, will be open by the end of the first half of 2022. That is, until June 30th.
The company's fourth-quarter report said it had launched a recruitment campaign for the new department.
These are experienced workers who will be engaged in the crypto-currency direction - games, commerce, technologies.
Against the background of the announcement of a partnership with ImmutableX, the launch of an NFT platform looks very promising. Due to the high speed of transaction processing and the absence of commissions, selling NFTs will be profitable and convenient.
If the launch of the site is successful, GameStop will receive, under an agreement with ImmutableX, tokens of this project (IMX) for $150 million. The funds will be used to finance the development of its product.
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