GameStop's Beta NFT Marketplace With Loopring The video game retailer announced a marketplace for digital collectibles powered by blockchain technology earlier in March 2022. GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has launched its non-fungible token (NFT) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. The company will have stiff competition from the many that are now working with NFTs, but it could still offer a boost that can take the company to new highs. The marketplace will be based on an Ethereum layer-two network. We charge advertisers instead of our readers. The gaming company blows the whistle for the beta test kick-off of its Ethereum Mainnet-backed NFT Marketplace. Although we have a lot of work ahead of us, this launch demonstrates the degree to which GameStop is transforming as we embrace change and pursue new areas of opportunity, said GameStop CEO Matt Furlong in an internal email, according to GMEdd. 0. GameStop has launched the public beta version of its NFT marketplace. Amid high speculation, once the . Users can store, send, receive, and use cryptocurrencies and NFTs across various decentralized applications . 42. Own your first NFT with 3 simple steps Your browser does not support the video tag. The partnership was initially announced in February and the GameStop NFT platform has been operating as a public beta since July. Refresh the page or click the button below to continue. On July 11, GameStop announced the release of the public beta for their long-awaited NFT marketplace. The forward-looking statements involve a number of risks and uncertainties. GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC). With the metaverse also projected to take off, the NFT space may take an even bigger space on center stage in the near future. The GME NFT marketplace beta also provides free desktop and mobile wallpapers for visitors. In v0.5.0 of the GameStop Wallet, we've introduced Contacts! The members of the loyalty program were given unique codes which were then used to redeem expansion packs in the game. Gaming giant GameStoplaunched its own nonfungible token (NFT) marketplace on Monday. GameStop NFT, a digital art and gaming-focused NFT marketplace, public beta launched in July 2022, recording more than $7 million in NFT sales in its first month. GameStop is less of a company that sells video games now and more a rallying cry for meme stock enthusiasts and now, web3 devotees. GameStop Launches NFT Marketplace Beta on Loopring's L2 Protocol NFTs Mar 24, 2022 The video game retailer has finally launched the early version of its non-fungible token marketplace. GameStop Launches NFT Marketplace Beta Initially set to run as an Ethereum Layer-2 platform. The marketplace is already live in the beta phase. Gamestop Marketplace Goes Beta off the Back of Loopring Tech. Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments. The platform is said to soon be partnering with Immutable X an Ethereum Layer-2 scaling solution that focuses on 100% gas-free and carbon-neutral minting and trading. Stay up to date with our daily newsletter, Terra Classic Debuts First-Person Shooter Game On Unity Play, Crypto Firms Lost $3 Billion To Hacks Year-To-Date, Solana Founder Explains Why Network Experiences Frequent Outages, Thai SEC Gets Stricter On Crypto Promotion. A deeper analysis of the market is also possible through the Explore interface. HONG KONG. GameStop unveiled the beta version of its non-fungible-token (NFT) marketplace on Tuesday, to allow gamers, developers, collectors, and other community members to purchase, sell and exchange NFTs. There are currently 236 NFT collections in the marketplace. GME intends to . Hypebeast is a registered trademark of Hypebeast Hong Kong Ltd. Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more. 26.05.2022. Many companies are already working on this, and it could have an impact on how the video game industry pans out in the future. As such I encourage anyone with more knowledge to help clarify and expand on these topics. Gamestop Launches Beta NFT Marketplace The GameStop NFTplatform is live, allowing players, developers, collectors, and community members to buy, sell, trade, and generate their Non-fungible Tokens (NFTs). Gamestop also has support from two Ethereum layer-2 solutions - Loopring and Immutable X. Less than 60 days following the beta release of their new Ethereum-based NFT wallet, GameStop has gone live with their long-awaited NFT marketplace.The release tracks alongside anticipated deadlines, as the company forecasted earlier this year that the anticipated marketplace release date would be "by the end of the second quarter of the fiscal year 2022." Adults Held Crypto Last Year Stablecoins In Regulators' Crosshairs After Terra Collapse Stablegains Under Fire After Going All-In On Anchor The concept and future of decentralized Web3 domain names, How GameFi contributes to the growth of crypto and NFTs, A new metaverse is vowing to deliver epic game battles in an immersive virtual world, Nifty News: GameStop NFT market goes live, Hong Kongs NFT concept and more, Steph Curry files trademark for the Curryverse: Nifty Newsletter, Oct. 26Nov. The NFT marketplace could be the start of a new era for GameStop. In a press release, the company stated, "its marketplace allows gamers, creators, collectors, and other community members to buy, sell and trade NFTs." By using the marketplace, users can view both collections and NFTs which are available on the platform. The GameStop NFT marketplace is accessible in multiple digital asset wallets, including the companys own GameStop Wallet. The site allows gamers, creators, collectors, and other community members to buy, sell and trade NFTs. 11, 2022-- U.S.-based video game company GameStop has officially launched its NFT marketplace on Immutable X and will now support NFTs minted via the Ethereum layer 2 scaling solution. GameStop and Layer-2 protocol Loopring have entered a partnership for the GameStop NFT marketplace. GameStop's NFT marketplace crossed the $5 million trading volume milestone on Monday. GameStop's NFT Marketplace is Out in Beta. Video game retailer GameStop has spent the last year undergoing a tech-centric transformation, with a premium NFT marketplace being at the core of this transition. Follow the instructions for disabling the ad blocker on the site youre viewing. GameStop initially announced their partnership with ImmutableX, an Ethereum layer-2 scaling solution, back in February. ? GameStop first made its debut into the world of Web3 in May, since then it has launched its own digital asset wallet, and now its own NFT marketplace which will run as an Ethereum Layer-2 platform. The wallets that will be supported include GameStop wallets and wallets that. 11, 2022-- The Company's NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain. For the beta launch of the NFT marketplace, GameStop has partnered with Loopring so that users can bypass Layer-1 and mint NFTs directly on Layer-2 to avoid costly gas fees. The marketplace is decentralized and based on layer 2 Ethereum. The whole platform is still in its beta version and currently, there is an open invitation for creators to join. Following the announcement of the launch of the beta version of the GameStop NFT marketplace on the Loopring platform, the price of its native token, LRC, spiked to up to 34% to trade above $1. During . Cointelegraph reported in May regarding the GameStop Wallet and plans for the new NFT marketplace. Click on the large blue power icon at the top. Invest and Seaside Club Will Do the Rest Read Now. July 11, 2022. Recently, the integration of Immutable X into the GameStop wallet was also announced which granted the users the ability to manage their funds and digital assets under one roof easily. Prior to the beta launch, GameStop partnered Immutable X to develop its NFT marketplace. . In a publication on Medium, he stated that the partnership would allow users to gain access to a fast, cheap and secure way of accessing digital assets that they could own. GameStop Launches NFT Beta Marketplace With Loopring 3 Loopring and Gamestop collaboration. According to GameStop's financial report , as of January 2022, its loyalty program had approximately 50.5 million members, of which 16.1 million . On March 23, 2022, Adam Browman, the head of growth at Loopring, confirmed a successful integration with GameStop to launch the beta version of the NFT marketplace, which is now live on Ethereum . If you are interested in trying the beta wallet, you can download it from the Chrome Web Store. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. Users of the marketplace can buy, sell, trade and create NFTs. 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We use cookies to improve your experience. Easily connect to the GameStop NFT marketplace and trade NFTs from anywhere. As time went on, Gamestop has specified that both the Immutable X and Loopring ecosystems coexist in the GME NFT marketplace ecosystem. March 24, 2022 Months after teasing that a non-fungible token (NFT) marketplace was in the works, video game retailer GameStop has launched the beta version of its NFT marketplace. The beta deal is clearly a big win for Loopring. In a blog post published on March 23, Loopring's Head of Growth Adam Browman announced that the beta version of GameStop NFT Marketplace had gone online. In a statement given to CoinDesk, Jonathan Reedy, vice president of strategic partnerships at ImmutableX, revealed that down the line, the firm aims to onboard new Web3 gamers with the introduction of in-person and virtual gameplay along with educational material. July 12, 2022 in News 0 GameStop, a company for video games, has finally joined the web3 space by releasing the beta version of its NFT marketplace. The. Public Beta Version Live at https://NFT.Gamestop.com. The Mclaren Formula 1 driver walks us through his race day necessities. American video game, consumer electronics, and gaming merchandise retailer GameStop has launched its NFT marketplace enabling gamers, creators, collectors and others to buy, sell and trade NFTs. GameStop on Monday, Might 23, introduced it has launched a beta model of its personal Ethereum pockets for its upcoming NFT market. Head of growth at Loopring, Adam Browman, made an announcement on Medium that GameStop's beta version of marketplace is live now. GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. GameStop first announced the NFT marketplace in February, but it dropped several hints about the same in 2021 as well. Since July, the blockchain-based marketplace has been running as a public . Mazars Report Leaves Questions, European Union Limits Cash Purchases and Increases Scrutiny on Crypto Transactions, The Block CEO Resigned After Failing to Report Loans From SBF, Seaside Club FAQ Interview With BeInCrypto, 3 Little-Known Altcoins That Can Give Serious Gains, Big Cross-Metaverse Event: OVER and Decentraland, Heres When Analysts Think the Crypto Bull Market Could Finally Start. The marketplace will use the zk-Rollup technology to power its transactions, allowing trades at low cost and high speed. All Rights Reserved. In addition to the impressive number of initial transactions, one particular artist has already seen over $100,000 USD in initial sales just hours after the beta opened. Now when GameStop's NFT marketplace is live you should have an NFT waiting in your collection that you can set as your profile picture! GameStop and Gods Unchained developer Immutable are partnering on a GameStop NFT marketplace and a $100 million fund enticing developers to use the Ethereum-based crypto platform. On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring's layer two (L2) technology. In a statement, GameStop described the new platform as a "non-custodial, Ethereum Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain." GameStop's NFT marketplace launched with instant success, recording over 1,831 ETH (around $2.7 million) in trading volume and earning $45,000 in transaction fees on its first day. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. The new NFT marketplace intends to deliver low fees and high speeds. Gamestop's highly anticipated NFT marketplace has been launched in beta. While the crypto developments have injected new life into the once-struggling company, GameStop has still had a tough time in 2022. 2022 Hypebeast Limited. All forward-looking statements included in this press release are based upon information available as of the date of this press release, and GameStop undertakes no obligation to update or revise any of these forward-looking statements for any reason, whether as a result of new information, future events or otherwise, except as required by law. The last 14 months have been a strange old time for most, but none more than infamous video game pawn pawnbroker, Gamestop. Video game retailer GameStop Corp announced Monday the launch of a public beta version of a non-fungible token (NFT) marketplace amid the downturn of the crypto market. Gaming giant GameStop launched its own nonfungible token (NFT) marketplace on Monday. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. The MetaBoy collection sits at the top with over $600,000 in under 24 hours. The announcement was revealed by Loopring's head of growth, Adam Browman, on March 23. According to Browman, GameStop, in collaboration with Loopring L2, seeks to give the general public "quick, affordable, and secure" access to digital ownership. The NFT house has been awaiting GameStop's NFT market because it first introduced it virtually a 12 months in the past. GameStop, an American-based video game retailer founded in 1984, has recently rolled out its new highly-anticipated non-fungible token (NFT) marketplace that will allow players, collectors, and creators to sell, buy, and trade NFTs of virtual goods. The Companys NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain. The marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet. GameStop's NFT marketplace, which has sparked a lot of buzz in the crypto industry in recent months, has finally confirmed that Loopring L2 will be used. The official launch will allow marketplace users to access Web3 . Following the launch of the Beta version of the marketplace, many NFT lovers are intrigued by the features and are eager to know the launch of the full GameStop NFT Marketplace. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The new NFT marketplace intends to deliver low fees and high speeds. In some cases, forward-looking statements can be identified by the use of terms such as anticipates, believes, continues, could, estimates, expects, intends, may, plans, potential, predicts, pro forma, seeks, should, will or similar expressions. This announcement follows the beta launch of the NFT marketplace in July this year as a self-custodial platform providing gaming NFTs to GameStop's players and "Powerup Pro Loyalty" customers. Now according to the team from the Ethereum L2 project Loopring, the beta version of Gamestop's NFT market called beta.nft.gamestop.com is now live. 1, Sam Bankman-Frieds parents no longer on the Stanford Law School roster, Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion, Binance suspends traders account after complaints on Twitter, SBF tried to destabilize crypto market to save FTX: Report, Abnormal token price movements on Binance not hack-related, confirms CZ. The tokens have been sold for a sizable $77 million. Loopring's LRC Up 34% on Beta Release of GameStop NFT Marketplace Indices Companies Technology Web3 Sponsored Content Upcoming event Join the Most Important Conversation in Crypto and Web3. GameStop on Monday, May 23, announced it has launched a beta version of its own Ethereum wallet for its upcoming NFT marketplace. Following an unlikely resurgence at the hands of subreddit, wallstreetbets, the company has all but completed its reinvention as an NFT marketplace. GameStoppartnered with Immutable X back in February. This was my first time experimenting with any of this stuff. Following a triple-black iteration teased earlier this month. The marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet. All rights reserved. Illuvium - Still in beta, much is expected of this AAA sci-fi adventure, monetized by ILV token. Reminiscent of the Eminem x Carhartt x Air Jordan 4s. Step 1 - Create a wallet The platform, which is now open to the public for beta testing, allows users to. So far, the platform isn't generating profits. Today's launch of the GameStop NFT Marketplace means that we can now provide access to millions of additional NFTs, more of the top web3 games being developed today, while maintaining a best-in-class experience for players," said Robbie Ferguson, president and co-founder of ImmutableX. Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! Now, as Cohen has tweeted above, GameStop has launched the public beta of its NFT marketplace, . Its a noncustodial Ethereum layer 2-based application, and users can connect to the marketplace using the GameStop Wallet or other Ethereum-compatible wallets. Power to the players! View source version on businesswire.com: https://www.businesswire.com/news/home/20220711005691/en/, GameStop Corp. Investor Relations GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs. Support us by whitelisting our site. This figure means that the platform surpassed Coinbase's $74K NFT marketplace sales volume on its first day. For more news about blockchain, cryptocurrency, NFTs and Web3, visit Hypemoon.com. The beta version of GameStop's NFT marketplace has gone live on Loopring L2. Don't forget that either. Months after teasing a non-fungible token (NFT) marketplace was in the works, video game retailer, GameStop (NYSE: GME ), has launched the beta version of its NFT marketplace. American video game, consumer electronics, and gaming merchandise retailer GameStop has launched its NFT marketplace enabling gamers, creators, collectors, and others to buy, sell and trade. It's in Beta FFS. You may have to select a menu option or click a button. China Arrests 63 For Laundering $1.7B With Crypto, TOP 5 On-Chain Indicators Signal End of Bitcoin Bear Market, FalconX has 18% of its Funds Locked in Bankrupt FTX, Is Binance Hiding Something? The highest grossing collection on GameStop NFT is MetaBoy, with over $100,000 in volume today.https://t.co/xUG1eo9tDK pic.twitter.com/NjFuDtGBIU. Here's what we're covering today: News GameStop Launches Beta Version of Non-Custodial Crypto Wallet Federal Reserve Survey Finds 12% of U.S. The new GameStop NFT Beta landing page now states the marketplace is almost here, and invites users to beta test now. Gaming giant GameStop (GME) launched its own non-fungible token (NFT) marketplace on July 11th. The new NFT marketplace intends to deliver low fees and high speeds. The American video game . Decided to make this guide to help anyone confused about how to get set up in the beta marketplace found at beta.nft.gamestop.com. The latest Immutable X launch allows in-game items to be sold on the marketplace. You may have more than one ad-blocker installed. According to the Ethereum L2 Loopring project team, the beta version of Gamestop's NFT Marketplace called beta.nft.gamestop.com is now live. It operates more than 4,600 stores throughout the United States, Canada, Australia, New Zealand and Europe. GameStop first announced the NFT marketplace in February, but it dropped several hints about the same in 2021 as well. Both networks will eventually support GameStop's NFT marketplace once it goes fully live by July. The GameStop NFT marketplace is non-custodial. GameStop Market Performance. GameStop Launches NFT Marketplace July 11, 2022 Public Beta Version Live at https://NFT.Gamestop.com GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS. . The company has experienced something of a revival in the past 18 months. Educational content includes everything from NFT basics to how to connect a wallet to the marketplace is covered. Users can mint NFTs directly on Loopring for under $1. The wallet will allow users to store, send, and receive crypto as well as NFTs. The impact that this could have on GameStops businesses could be significant, though it will take time. It did note in the report that new brand relationships have boosted sales, which likely refers to the crypto efforts that it has been making. BEINNEWS ACADEMY LTD STREET: SUITE 1701 02A, 17/F, 625 KINGS ROAD, NORTH POINT. Marketplace users can buy, sell, trade and create NFTs. Meet the new kid on the blockchain #GameStopNFT pic.twitter.com/BIrLrmYnMp, GameStopNFT (@GameStopNFT) May 19, 2022. Following two early looks at the colorway. In collaboration with blockchain startup Immutable X, the video game retailer GameStop has launched its NFT marketplace in the midst of a volatile market. Several Web3 games are coming to the marketplace through Immutable X, including Illuvium, Gods Unchained and Guild of Guardians. The marketplace will allow gamers, creators, collectors, and community members to buy, sell, and trade NFTs, according to the press release, which was published on July 11. GameStop is laying off people as the company tries to fit in with a digitally-transforming videogame industry. GameStop partners with Loopring for NFT marketplace The head of growth at Loopring, Adam Browman, noted that the beta version of the GameStop NFT marketplace was now live. It could serve as a way to collect digital items and facilitate in-game economies. GameStop's (GME) Q3 2022 10-Q filing to the SEC is available on the company's investor relations site. For instance, the company launched its NFT marketplace on ImmutableX, an Ethereum-based blockchain. Reddit can't fix your problem, but GameStop has an entire Support Team that is very responsive and will open a ticket to track your issues and work to iron out wrinkles and make the marketplace better. The NFT space has been awaiting GameStop's NFT marketplace since it first announced it almost a year ago. GameStop Launches Public Beta Version of NFT Marketplace | Blockchain News Sign In / Register Advertise Subscribe News Analysis Interview Wiki Prices Learn Press Release Events Opinion BusinessWire Newsletter Sign Up Subscribe now and get exclusive news, interviews and stories. Refresh the page, check Medium 's site status, or find something interesting to read. The marketplace features functionality to enable users to view statistics for NFTs, and educational material is also provided. The marketplace displays featured NFTs, NFT creators and collections on the apps main screen. Im going to do this the manual way, as its guaranteed success and some of the beta features . These statements are only predictions based on current expectations and assumptions and involve known and unknown risks, uncertainties and other factors that may cause the Company or its industrys actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The company behind the marketplace is GameStop, a famous American video game store, which most people heard about when its stocks skyrocketed in 2021 after an artificially created . Please read the entire guide before you begin! GameStop has been working on crypto and NFT initiatives for quite a while now, making a quiet announcement into the space in May 2021. (817) 424-2001 A quick and dirty guide to getting into the GameStop NFT Marketplace BETA. Gamestop also allows various wallets to connect and trade on its NFT marketplace. GameStop does have good potential within the NFT space, as the unique asset has applications within the video gaming industry. The new public beta version marketplace will allow gamers, collectors, and creators to buy and sell NFTs.In a July 11 press release, the gaming giant confirmed the successful launch of its non-fungible token (NFTs) marketplace. Copyright 2022 IBTimes LLC. A number of factors could cause the Companys actual results, performance, achievements or industry results to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. GODA artist Nina Chanel Abney will dive into her debut NFT project Super Cool World on HYPETALKS. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue. GameStop's partnerships for the project. The announcement comes one month after GameStop announced a strategic partnership with Immutable X and revealed a $100 million NFT fund. Based on the official blog post by Loopring's Adam Browman, the Layer2 Ethereum protocol has been implemented into GameStop's NFT marketplace. GameStop also shared that there are plans for expansion into Web3 gaming offerings, for both creators and consumers and that Immutable X will play a role in bringing millions of world-class gaming assets to the GameStop NFT marketplace.. The announcement was revealed by Loopring's head of growth, Adam Browman on March 23. Truly Own Your Assets The GameStop Wallet is a self-custodial Ethereum wallet, which gives you full control of your assets. Already whitelisted us? The marketplace has been operating in a public beta phase since July, and after three months of testing, it is now live. The marketplace, which can be accessed at https://nft.gamestop.com, allows parties to connect to their own digital asset wallets such as the recently launched GameStop Wallet. You should not place undue reliance on these forward-looking statements. At a time when the overall NFT market declined by -60% in Q3 from already decimated Q2, is this the beginning of a trend? As reported earlier, GameStop added NFT trading cards in the virtual trading card game "Gods Unchained" under its PowerUp Rewards Pro program. The Q4 earnings report for GameStop revealed the proposed move to launch the NFT marketplace towards the end of July. With GameStop at the "forefront of these emerging global digital economies," they plan to return control to gamers, producers, and . In July, the Gamestop NFT marketplace beta allowed users to trade already existing collectibles and digital artwork. The marketplace has been operating in a public beta phase since. GameStop has affirmed that they are joining forces with Ethereum L2 zk-Rollup protocol, Loopring (LRC), customized to fuel decentralized digital asset exchanges, in their much awaited NFT marketplace. With the popularity of NFTs still strong, this revival may be even more pronounced going forward. GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. GameStop has launched its own NFT marketplace, which is now in what the company calls a "public beta." For the moment, you can buy, sell, and create NFTs, though the company has bigger plans . The company reported a $158 million loss in Q1, 2022. "GameStop Corp. today announced it has launched its digital asset wallet to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens ("NFTs") across. Just weeks after its creator stepped down from the project. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. But send the feedback/trouble reports to the right place, which is not Reddit. The partnership will provide players with faster, cheaper, and more secure access to digital property rights. Other clients of Immutable X include DC Comics and an ongoing partnership with the VeVe NFT network. Just hours after its launch the platform is reported to have already seen over 10,000 active trades, according to data shared by dedicated GameStop due diligence Twitter account GMEdd.com. The marketplace has seen a somewhat expected influx of users in its opening 24 hours with a competitive trading volume. The marketplace has functionality to enable users to view statistics for NFTs, and educational material . Youll usually find this icon in the upper right-hand corner of your screen. Factors that might cause such differences include, but are not limited to, those discussed in the Companys most recent Annual Report on Form 10-K available at www.sec.gov and on the Companys website at www.GameStop.com. The gaming giant has launched several Web3-based products. Allowing users to buy and sell NFTs directly from their TV. "Our partnership with GameStop is an important step forward as Immutable brings the next billion players to web3 gaming. GameStop Jumps Into Web3 With NFT Marketplace. Dont miss, GODA artist Nina Chanel Abney will dive into her debut NFT project Super Cool World on HYPETALKS. This includes its own "Gamestop Wallet", added as a browser . But the new Maritime service will set you back $5,000 USD a month. Immutable X will also become a Layer-2 blockchain for the platform. Related: NFT hype evidently dead as daily sales in June 2022 dip to one-year lows. It started with a strong debut: More than 50,000 NFTs were listed, and the top 50 collections raised $7.5 million within a week. Hello Defiers! As we reported, the company has partnered with Immutable X for the project and announced a $100 million grant for game . The marketplace was developed in collaboration with Immutable X, for which GameStop received IMX tokens. Users of the marketplace can. Sign up and stay up to date with our daily newsletter. Refresh page. GameStop NFT Marketplace, powered by Loopring L2 | by Adam Browman | Loopring Protocol 500 Apologies, but something went wrong on our end. The company currently hosts NFT collections like Gary Vaynerchuks Book Games on its own TokenTrove marketplace. On Monday, video game retailer GameStop launched the beta version of its "digital asset wallet" for its upcoming NFT marketplace. The video game retailer has now launched an NFT marketplace . But it arrives with a surprise: It will be powered by Loopring instead of Immutable X, recently announced partner. Annie Li Mar 24, 2022 08:03 1 Min Read. Cryptocurrency Jul 11, 2022 09:20PM ET 1 GameStop releases public beta NFT marketplace GME +1.52% Gaming giant GameStop (NYSE: GME) launched its own non-fungible token (NFT). GameStop will focus on attracting developers and players to use its marketplace, with the aim of becoming a hub for digital economies. Click the icon of the ad-blocker extension installed on your browser. Named after the late artists GRAMMY-winning second and final album. The company's NFT marketplace is a non-custodial, Ethereum-based layer 2 marketplace that enables parties to truly own their digital assets, which are represented and secured . The platform hopes to become the go-to destination for gaming-focused NFTs. GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. Robbing from the rich and giving to the poor.. The pockets will enable customers to retailer, ship, and obtain crypto in addition to NFTs. As EWN reported, the platform was in partnership with the Ethereum layer 2 scaling protocol Loopring. GameStop has also developed a non-custodial wallet extension for Chromium-based web browsers and smartphones that helps users store and transfer Ethereum-based tokens and NFTs. Meanwhile, GameStop is familiar with the NFT space. BeInCrypto has reached out to company or individual involved in the story to get an official statement about the recent developments, but it has yet to hear back. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. Although GameStop believe that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Subscribe Latest Press Release GameStop has launched the public beta version of its non-fungible token (NFT) marketplace, the video game retail giant announced Monday. Before launching an NFT marketplace, the company launched a beta NFT market on Loopring, an Ethereum-based protocol. There are currently more than 200 collections on GameStop's NFT marketplace and over 50,000 NFTs listed on the platform. Since February, GameStop and Immutable X have embarked upon various journeys, including debuting a $100 million grant fund meant "to drive new game pitches, signings and integrations from builders and creators powering the future of NFTs and web3 gaming," as per a statement. In photo: GameStop stock graph is seen in front of the company's logo in this illustration taken February 2, 2021. It's here that the retailer speaks to its GameStop Wallet and NFT marketplace. Copyright IBTimes 2022. Gamestop is a U.S.-based video game, consumer electronics, and wireless services retailer. All Rights Reserved. Gamestop NFT Jul 12, 2022 0 Hypes 4 GameStop first made its debut into the world of Web3. GameStop's NFT marketplace is an Ethereum (ETH) Layer 2-based marketplace, and allows users to connect to their own crypto wallets including the GameStop wallet, which was launched this past May, and has just introduced wallet contacts to the system. GameStop unveiled its NFT marketplace in the beta stage last month, along with plans to later release game NFTs and allow Web3 gaming on the platform. ir@gamestop.com, https://www.businesswire.com/news/home/20220711005691/en/. According to the company's announcement Monday, the GameStop NFT marketplace will "unlock access to web3 games and millions of world-class, NFT gaming assets to tens of millions of GameStop players and GameStop Powerup Pro loyalty customers across the United States.". GameStop plans to launch a novel NFT marketplace as a part of its recent push for the adoption of digital assets. GameStop NFT marketplace is a brand new marketplace. In January 2022, the stock, which is popular among retail traders, spiked by 30% following the announcement of its NFT division. This is a public beta of the application, and users should expect outages until the full version of the marketplace is released. GameStop (GME), an American video game, consumer electronics, and gaming merchandise, has finally launched its non-fungible token (NFT) marketplace. 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