• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Friday, March 24, 2023
TheGreatNews.com
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
TheGreatNews.com
No Result
View All Result

GameStop’s NFT market has arrived just in time for a crypto market crash

in NEW TECHNOLOGIES
Reading Time: 2 mins read
A A
GameStop is laying off staff and has fired its CFO
Share Share Share Share Share

Related articles

Garbage is sometimes a HIPAA violation

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

GameStop is seemingly ignoring that whole ”crypto winter” thing and moving ahead with the launch of its own NFT marketplace, which is now open in what the company calls a “public beta.”

Right now, you can use the platform to buy, sell, and create NFTs. There are more than 200 collections you can peruse and more than 53,000 NFTs listed on the marketplace. The art I’ve seen seems to be pretty standard NFT fare — in just a few minutes of perusing, I’ve already spotted some some weird cat and monkey-themed collections, for example. Unsurprisingly, you can connect the newly-launched GameStop Wallet to manage your digital assets, though you can also use options like WalletConnect and MetaMask. And not just anyone can create an NFT on the platform — interested creators will need to apply.

GameStop has bigger plans for the marketplace down the line, saying in a press release that it plans to “expand functionality” into areas like Web3 gaming. On the NFT marketplace homepage, GameStop is already teasing that support for Immutable X, a platform built on Ethereum that’s used by some NFT games, is coming soon. GameStop and Immutable X have also launched a $100 million grant program.

GameStop is surging ahead

The gaming retailer first announced in February that it planned to open its own NFT marketplace, but over the past several weeks, sales of NFTs have fallen amid a bigger downturn in crypto overall. Crypto companies like Coinbase, BlockFi, and Crypto.com have had to lay off staff in an attempt to weather the storm, but GameStop is surging forward with its plans, despite its own troubles. GameStop is opening its NFT market just days after laying off staff and firing its CFO, and crypto efforts seem as if they’re an important part of the company’s future; in a memo to employees about the layoffs, CEO Matt Furlong mentioned GameStop’s blockchain group in the very first sentence.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Liquidators for crypto hedge fund Three Arrows Capital say they can’t find founders

Next Post

The best stock Nerf blasters ever made are half-off for Prime Day

Related Posts

Garbage is sometimes a HIPAA violation

Garbage is sometimes a HIPAA violation

August 30, 2022

After the Supreme Court decided to end federal protection for abortion in June, many abortion advocates and lawmakers started agitating for the Biden administration to make...

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

JBL announces the Tour One M2 headphones and Tour Pro 2 earbuds

August 30, 2022

JBL has just announced the Tour Pro 2 wireless earbuds, featuring adaptive noise cancellation and customizable ANC alongside a charging case with a 1.45-inch LED touchscreen...

Elon Musk says whistleblower’s testimony gives him more reasons to dump Twitter deal

August 30, 2022

Elon Musk says the disclosures of Twitter’s former security chief have given him new justifications to walk away from his $44 billion deal to buy the...

Logitech’s cloud gaming handheld leaks with Android apps and Switch-like UI

Logitech’s cloud gaming handheld leaks with Android apps and Switch-like UI

August 30, 2022

Logitech’s new cloud gaming handheld has leaked weeks after the company teased it was working on the new device. Logitech G and Tencent Games confirmed their...

Meta links Instagram’s NFT posts to Facebook as the market for ‘digital collectibles’ tanks

Meta links Instagram’s NFT posts to Facebook as the market for ‘digital collectibles’ tanks

August 30, 2022

Meta has been testing support for NFT “digital collectible” posts on Instagram since May, and if you’re among the expanding group of people with access, then...

Next Post
The best stock Nerf blasters ever made are half-off for Prime Day

The best stock Nerf blasters ever made are half-off for Prime Day

Amor Fati: Nietzsche’s Formula for Greatness

Amor Fati: Nietzsche's Formula for Greatness

This remote keyfob hack may leave the past decade of Hondas vulnerable

This remote keyfob hack may leave the past decade of Hondas vulnerable

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Exploring the Wisdom of Colombia: Lessons from a Vibrant Culture

Exploring the Wisdom of Colombia: Lessons from a Vibrant Culture

March 17, 2023
TheGreatNews.com

This is an online news portal that aims to provide the latest updates about mindset, well being, positive news, wisdom, purpose, new technologies, entrepreneur, green energy, success, good life and stuff like that around the world. Feel free to get in touch with us!

© 2021 - TheGreatNews.com - All rights reserved!

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE

© 2021 - TheGreatNews.com - All rights reserved!