GameStop NFT Marketplace may launch earlier than expected

The American video game giant, GameStop recently took to Twitter to announce its debut into the NFT world by unveiling the GameStop NFT marketplace. In just a day, the account has over 40k followers and around 20k likes on their first tweet “gm” (at the time of writing).

GameStop NFT Twitter Background

GameStop NFT Marketplace : What to expect? 

GameStop NFT marketplace is currently in its beta version, and pretty much empty. However, gamers who do not want to see more blockchain technology permeate the gaming industry are expressing mixed feelings about the new announcement.

The tweet, on the other hand, served a dual purpose, signaling GameStop’s stock market success earlier in the day with a 3.45% increase while also teasing its NFT marketplace

The company also tweeted, “Meet the new kid on the blockchain.” It acknowledged the merits of blockchains in an accompanying statement, suggesting that they would return power to participants. 

GameStop’s NFT marketplace is an Ethereum-based cryptocurrency platform called Immutable X that allows users to sell their in-game digital assets for a low price. It was supposed to debut by the end of July, but Immutable X co-founder Robbie Ferguson hinted last month that it could debut four to eight weeks sooner, putting the launch date anywhere between June 1st and June 30th. Therefore, the platform is largely expected to receive priority treatment from Immutable X when it comes to inter-platform connectivity. 

GameStop also intends to release the Beta version of its Web3 wallet, which allows users to make use of Loopring’s strength and exchange assets and collectibles for minimal costs.

Meta description: The American video game giant, GameStop recently took to Twitter to announce its debut into the NFT world by unveiling the GameStop NFT marketplace.