GameStop’s NFT Marketplace Is Live

More than a year in the making, the highly anticipated NFT marketplace of video-game retailer GameStop has gone live.

In a statement on Monday, the company said that the platform allows “gamers, creators, collectors and other community members to buy, sell and trade NFTs.”

GameStop had already unveiled its digital wallet in May, where users can store, send and receive cryptocurrencies and NFTs ahead of the planned marketplace launch, which was set before the end of July.

Furthermore, “over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments,” the press release said.

In February, the company announced to have partnered up with layer 2 blockchain Immutable X under which Immutable X established up to an $100 million fund in its IMX tokens for grants to creators of NFT content and technology. As part of the deal, Immutable X will provide GameStop with up to $150 million in IMX tokens when certain milestones are achieved.

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Source: Igaming