Video game retail giant Gamestop reveals more clues about the upcoming NFT market – Bitcoin News

Video game retail giant Gamestop reveals more clues about the upcoming NFT market – Bitcoin News

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At the end of May, crypto advocates discovered a website created by video game retailer Gamestop. The portal revealed that Gamestop is entering the world of blockchain technology and non-fungible token (NFT) assets. Gamestop’s NFT portal has recently been updated and creators are required to register with the platform.

Gamestop NFT website hints at upcoming markets

The game is stopped (NASDAQ stock code: Genetically modified organisms) An interesting year to say the least. It all started in early January this year, when the Reddit forum r/wallstreetbets triggered a Gamestop stock trading battle with Wall Street hedge funds.At the time, Goldman Sachs executive David Costine Say “If the tightening continues, the entire market may collapse.” After Wallstreetbets’s fiasco exited the spotlight, Gamestop managed to maintain relevance after facing bankruptcy, and the stock was trading at $19.26 per unit on December 30, 2020. Today, the price of these same GME stocks is $146.46 per unit, which has risen by 655.73% since then.

In addition, Gamestop disclose A new NFT website at the end of May indicated that the company is entering the world of NFT.Before the website goes live, Gamestop will be on April 8, 2021 Disclosure It is hiring a security analyst with experience in blockchain, cryptocurrency, and NFT.website nft.gamestop.com It didn’t provide much information when it was first launched, but today, Gamestop’s NFT portal stated that it is looking for NFT creators.

“Call all creators,” Gamestop’s website said. “Request to be the creator of the Gamestop NFT market,” the new description added.

Video game retail giant Gamestop reveals more clues about the upcoming NFT market

The Gamestop NFT market seems to be preparing for release, and the creator registry will ask some questions. The questionnaire asked NFT creators what they want to be called and whether they describe themselves as “independent artists, creators, game developers, or meme lords.” Gamesstop will also ask if the person owns a website and if they have ever created an NFT. The Gamestop questionnaire further asked if the person had “used an Ethereum wallet before”.

Loopring Speculation

There are many speculations that Gamestop will cooperate with Loopring, the second-level (L2) project. At the end of November, Canadian reporter ask Loopring’s CEO Daniel Wang guesses about Gamestop. After the reporter told Wang, “There are a lot of rumors about the potential partnership with Gamestop” and then asked the CEO whether the “potential transaction” was legal, Wang replied:

I cannot comment on this.

As of today, Gamestop has not disclosed more information about the official market launch, how it will work, or what projects the company is currently working on.This Ethereum contract Stored on Gamestop’s portal, new questions about the use of the Ethereum wallet have led many people to believe that the NFT market software will be based on the Ethereum blockchain.

Tags in this story

Wang Dan |, Ethereum, Game stop, Gamestop NFT, Genetically modified organisms, Hedge Fund, Ring, nft, NFT, Irreplaceable tokens, Security analyst, Robustness, Wall Street betting

What do you think about Gamestop updating the NFT website and hinting at the upcoming market? Please tell us your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is the head of news at Bitcoin.com News and a fintech reporter living in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about destructive protocols emerging today.




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