On the finish of Could, crypto advocates found a web site created by the online game retailer Gamestop. The net portal disclosed that Gamestop was getting into the world of blockchain tech and non-fungible token (NFT) property. Gamestop’s NFT net portal has lately been up to date and is requesting creators to enroll in the platform.
Gamestop NFT Web site Hints at Upcoming Market Launch
Gamestop (Nasdaq: GME) has had an fascinating 12 months, to say the least. It began at the beginning of the 12 months in January, when the Reddit discussion board r/wallstreetbets sparked a Gamestop shares buying and selling struggle with Wall Avenue hedge funds. On the time, Goldman Sachs govt David Kostin mentioned “if the quick squeeze continues, all the market may crash.” After the Wallstreetbets fiasco fizzled out of the limelight, Gamestop has managed to stay related after dealing with chapter, and shares traded for $19.26 per unit on December 30, 2020. At this time, those self same GME shares are swapping for $146.46 per unit, up 655.73% since that day.
Moreover, Gamestop revealed a brand new NFT web site on the finish of Could, indicating that the corporate was dipping its ft into the world of NFTs. Previous to the web site launch, on April 8, 2021, Gamestop disclosed it was hiring a safety analyst that has expertise with blockchain, cryptocurrency, and NFTs. The web site nft.gamestop.com didn’t give a lot info when it first launched however as we speak, Gamestop’s NFT net portal says it’s in search of NFT creators.
“Calling all creators,” Gamestop’s web site says. “Request to be a creator on the Gamestop NFT market,” the brand new description provides.
The Gamestop NFT market seems to be prepping for launch and the creator sign-up kind asks numerous questions. The questionnaire asks what the NFT creator want to be referred to as and whether or not or not they describe themselves as an “unbiased artist, creator, sport dev, or meme lord.” Gamestop additionally asks if the individual has a web site and if they’ve ever created an NFT. The Gamestop questionnaire additional asks the individual if they’ve “ever used an Ethereum pockets earlier than.”
There’s lots of hypothesis that Gamestop will likely be working with the layer two (L2) challenge Loopring. On the finish of November, a Canadian reporter requested Loopring’s CEO Daniel Wang concerning the Gamestop hypothesis. After the reporter instructed Wang that there’s been “lots of rumors a few potential partnership with Gamestop” after which requested the CEO if the “potential deal” was respectable, Wang replied:
I can’t touch upon that.
As of as we speak, Gamestop has not disclosed any extra details about the official market launch, the way it will work, or what initiatives the corporate is working with proper now. The Ethereum contract saved on Gamestop’s net portal and the brand new query about utilizing an Ethereum pockets has led many to imagine the NFT market software program will likely be based mostly on the Ethereum blockchain.
What do you consider Gamestop updating the NFT web site and hinting about an upcoming market launch? Tell us what you consider this topic within the feedback part beneath.
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