The video game retailer is planning to create a marketplace for nonfungible token, or NFTs.
"GameStop is in a very unique position, because a lot of these NFT projects are starting to add gaming utility behind the NFTs themselves," said Adam Hollander, an NFT investor and creator of the"Hungry Wolves" NFT collection."GameStop is well positioned, in my opinion, to be able to capitalize on that they have hundreds of millions of people that play video games that least recognize GameStop as a credible brand.
The company has been quietly hiring talent in blockchain and crypto with more than two dozen members on the team now, the source said. NFTs, which use a technology that allows proof of ownership of digital goods to be stored on a blockchain, often Etherium. It has been one of the most hyped sectors in technology. OpenSea, the best-known NFT marketplace, was recentlyGameStop's marketplace will focus on virtual video game goods such as character outfits and weapons, according to the WSJ report.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
GameStop shares surge on plan to enter NFT, crypto marketsGameStop Corp is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish cryptocurrency partnerships, a source familiar with the matter said on Thursday, boosting the video game retailer's shares 27% in extended trading.
Les mer »
GameStop Shares Skyrocket Again After NFT And Crypto Market Plans EmergeGameStop stock surged more than 30% in after-hours trading Thursday.
Les mer »
GameStop shares jump 26% in after hours trade after NFT division unveiledGameStop’s NFT unit will be tasked with building an NFT platform that enables the buying, selling and trading of gaming NFTs, along with establishing key cryptocurrency partnerships.
Les mer »
Bed Bath & Beyond shares surge despite earnings missBed Bath & Beyond's CEO admits the retailer's turnaround could be going better.
Les mer »
Cardi B Shares Sweet Video Of Her Son Hanging With Dad OffsetThe GRAMMY-winning rapper's 4-month-old has already reached some impressive milestones.
Les mer »
Kelvin Fletcher shares a glimpse into brutal country life after he buys a farmKelvin Fletcher, 37, swapped his city life in Manchester for an 18th century farm in the Peak District to become a farmer
Les mer »