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On May 26, 2021, GameStop announced that it was working on a non-fungible token (NFT) platform creating a token that is based on blockchain Ethereum technology. [203] Business Insider reported that "GameStop is building an NFT platform as part of an ambitious plan to transform itself into the Amazon of gaming." [204]
GameStop Chairman Ryan Cohen — aka leader of the meme stock army (apologies to AMC CEO Adam Aron) — has grand ambitions for the company, says its new NFT marketplace partner. "The default is ...
In its continued effort to turn around the videogame retail chain, GameStop has announced its plans to launch a marketplace for NFTs while pursuing cryptocurrency partnerships. “The Hash ...
GameStop is going meta. The company, which reached a somewhat cult status among the Reddit army with its meme stock, has posted a slew of NFT-platform and Web3 gaming jobs on its career page this...
Yahoo Finance's Jared Blikre reports on the surge in GameStop stock following a report that the video game company is entering the NFT market and Sonos winning a product import ban in a patent ...
In February 2022, Immutable announced a $100 million fund in partnership with GameStop to offer grants for NFT gaming projects. [3] The following month, the company raised $200 million in Series C funding led by Temasek, with participation from Tencent and Animoca Brands, valuing the company at $3.5 billion.
In July 2022, GameStop received controversy for allowing a non-fungible token titled Falling Man to be listed on their newly-launched NFT platform. The digital image depicted an astronaut falling in a pose and background replicating Drew's photograph, and was provided the seller's description "This one probably fell from the MIR station ...
GameStop’s (GME) stock surged as much as 20% during Friday's session and closed 7% higher. The upward move followed a news report that the video game retailer is launching a marketplace for non ...