If you are interested in trying the beta wallet, you can download it from the Chrome Web Store. GameStop Jumps Into Web3 With NFT Marketplace. . Gamestop NFT Jul 12, 2022 0 Hypes 4 GameStop first made its debut into the world of Web3. 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. ir@gamestop.com, https://www.businesswire.com/news/home/20220711005691/en/. The marketplace will be based on an Ethereum layer-two network. BEINNEWS ACADEMY LTD STREET: SUITE 1701 02A, 17/F, 625 KINGS ROAD, NORTH POINT. The beta deal is clearly a big win for Loopring. GameStop NFT marketplace is a brand new marketplace. 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. 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. Illuvium - Still in beta, much is expected of this AAA sci-fi adventure, monetized by ILV token. Gaming giant GameStop launched its own nonfungible token (NFT) marketplace on Monday. Gamestop also has support from two Ethereum layer-2 solutions - Loopring and Immutable X. With GameStop at the "forefront of these emerging global digital economies," they plan to return control to gamers, producers, and . 26.05.2022. The marketplace features functionality to enable users to view statistics for NFTs, and educational material is also provided. The marketplace has functionality to enable users to view statistics for NFTs, and educational material . 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 NFT space has been awaiting GameStop's NFT marketplace since it first announced it almost a year ago. GameStop Launches NFT Marketplace July 11, 2022 Public Beta Version Live at https://NFT.Gamestop.com GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. Don't forget that either. The pockets will enable customers to retailer, ship, and obtain crypto in addition to NFTs. The partnership will provide players with faster, cheaper, and more secure access to digital property rights. This was my first time experimenting with any of this stuff. Im going to do this the manual way, as its guaranteed success and some of the beta features . 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. Public Beta Version Live at https://NFT.Gamestop.com. 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. GameStop NFT marketplace is now live in beta. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. 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. You may have more than one ad-blocker installed. 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. But send the feedback/trouble reports to the right place, which is not Reddit. This figure means that the platform surpassed Coinbase's $74K NFT marketplace sales volume on its first day. The NFT house has been awaiting GameStop's NFT market because it first introduced it virtually a 12 months in the past. Users of the marketplace can. The forward-looking statements involve a number of risks and uncertainties. According to the Ethereum L2 Loopring project team, the beta version of Gamestop's NFT Marketplace called beta.nft.gamestop.com is now live. Please read the entire guide before you begin! 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. Easily connect to the GameStop NFT marketplace and trade NFTs from anywhere. Following two early looks at the colorway. 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. GameStop's partnerships for the project. GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. Several Web3 games are coming to the marketplace through Immutable X, including Illuvium, Gods Unchained and Guild of Guardians. GameStop has launched the public beta version of its non-fungible token (NFT) marketplace, the video game retail giant announced Monday. Gamestop also allows various wallets to connect and trade on its NFT marketplace. 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." 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. The marketplace is decentralized and based on layer 2 Ethereum. At a time when the overall NFT market declined by -60% in Q3 from already decimated Q2, is this the beginning of a trend? 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. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. Support us by whitelisting our site. The Q4 earnings report for GameStop revealed the proposed move to launch the NFT marketplace towards the end of July. 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. 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 . As such I encourage anyone with more knowledge to help clarify and expand on these topics. 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. As EWN reported, the platform was in partnership with the Ethereum layer 2 scaling protocol Loopring. 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. The latest Immutable X launch allows in-game items to be sold on the marketplace. The whole platform is still in its beta version and currently, there is an open invitation for creators to join. In collaboration with blockchain startup Immutable X, the video game retailer GameStop has launched its NFT marketplace in the midst of a volatile market. You should not place undue reliance on these forward-looking statements. 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 new NFT marketplace intends to deliver low fees and high speeds. 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 marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet. As we reported, the company has partnered with Immutable X for the project and announced a $100 million grant for game . As reported earlier, GameStop added NFT trading cards in the virtual trading card game "Gods Unchained" under its PowerUp Rewards Pro program. 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 announcement was revealed by Loopring's head of growth, Adam Browman on March 23. Educational content includes everything from NFT basics to how to connect a wallet to the marketplace is covered. Allowing users to buy and sell NFTs directly from their TV. 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. Amid high speculation, once the . So far, the platform isn't generating profits. Meet the new kid on the blockchain #GameStopNFT pic.twitter.com/BIrLrmYnMp, GameStopNFT (@GameStopNFT) May 19, 2022. Refresh the page or click the button below to continue. With the metaverse also projected to take off, the NFT space may take an even bigger space on center stage in the near future. Its a noncustodial Ethereum layer 2-based application, and users can connect to the marketplace using the GameStop Wallet or other Ethereum-compatible wallets. 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. The company has experienced something of a revival in the past 18 months. 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. The Mclaren Formula 1 driver walks us through his race day necessities. 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. 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. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. The GameStop NFT marketplace is non-custodial. 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 more than 200 collections on GameStop's NFT marketplace and over 50,000 NFTs listed on the platform. Click the icon of the ad-blocker extension installed on your browser. GME intends to . 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. (817) 424-2001 Click on the large blue power icon at the top. Invest and Seaside Club Will Do the Rest Read Now. The partnership was initially announced in February and the GameStop NFT platform has been operating as a public beta since July. Gamestop Marketplace Goes Beta off the Back of Loopring Tech. GameStoppartnered with Immutable X back in February. The marketplace displays featured NFTs, NFT creators and collections on the apps main screen. 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. A quick and dirty guide to getting into the GameStop NFT Marketplace BETA. 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. 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. 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. The marketplace has been operating in a public beta phase since. Gamestop's highly anticipated NFT marketplace has been launched in beta. Users can mint NFTs directly on Loopring for under $1. Power to the players! The company currently hosts NFT collections like Gary Vaynerchuks Book Games on its own TokenTrove marketplace. Youll usually find this icon in the upper right-hand corner of your screen. 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. 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. Marketplace users can buy, sell, trade and create NFTs. The American video game . GameStop Launches NFT Marketplace Beta Initially set to run as an Ethereum Layer-2 platform. The marketplace was developed in collaboration with Immutable X, for which GameStop received IMX tokens. 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. The members of the loyalty program were given unique codes which were then used to redeem expansion packs in the game. 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. The marketplace has seen a somewhat expected influx of users in its opening 24 hours with a competitive trading volume. 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. GameStop initially announced their partnership with ImmutableX, an Ethereum layer-2 scaling solution, back in February. The site allows gamers, creators, collectors, and other community members to buy, sell and trade NFTs. "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. Since July, the blockchain-based marketplace has been running as a public . This includes its own "Gamestop Wallet", added as a browser . The platform, which is now open to the public for beta testing, allows users to. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. 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. But it arrives with a surprise: It will be powered by Loopring instead of Immutable X, recently announced partner. 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! The highest grossing collection on GameStop NFT is MetaBoy, with over $100,000 in volume today.https://t.co/xUG1eo9tDK pic.twitter.com/NjFuDtGBIU. In v0.5.0 of the GameStop Wallet, we've introduced Contacts! 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.. 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 announcement comes one month after GameStop announced a strategic partnership with Immutable X and revealed a $100 million NFT fund. GameStop and Layer-2 protocol Loopring have entered a partnership for the GameStop NFT marketplace. HONG KONG. The tokens have been sold for a sizable $77 million. The marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet. Gaming giant GameStop (GME) launched its own non-fungible token (NFT) marketplace on July 11th. 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. 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. A deeper analysis of the market is also possible through the Explore interface. For more news about blockchain, cryptocurrency, NFTs and Web3, visit Hypemoon.com. The wallet will allow users to store, send, and receive crypto as well as NFTs. Already whitelisted us? GameStop does have good potential within the NFT space, as the unique asset has applications within the video gaming industry. Hello Defiers! 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. Adults Held Crypto Last Year Stablecoins In Regulators' Crosshairs After Terra Collapse Stablegains Under Fire After Going All-In On Anchor 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. Head of growth at Loopring, Adam Browman, made an announcement on Medium that GameStop's beta version of marketplace is live now. 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. 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. Following an unlikely resurgence at the hands of subreddit, wallstreetbets, the company has all but completed its reinvention as an NFT marketplace. 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. Following a triple-black iteration teased earlier this month. The new NFT marketplace intends to deliver low fees and high speeds. The GME NFT marketplace beta also provides free desktop and mobile wallpapers for visitors. GameStop's (GME) Q3 2022 10-Q filing to the SEC is available on the company's investor relations site. Copyright 2022 IBTimes LLC. The marketplace has been operating in a public beta phase since July, and after three months of testing, it is now live. GameStop has launched the public beta version of its NFT marketplace, allowing users 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 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 . 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). All Rights Reserved. The video game retailer has now launched an NFT marketplace . GameStop on Monday, Might 23, introduced it has launched a beta model of its personal Ethereum pockets for its upcoming NFT market. On July 11, GameStop announced the release of the public beta for their long-awaited NFT marketplace. We use cookies to improve your experience. 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. 2022 Hypebeast Limited. 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 has been working on crypto and NFT initiatives for quite a while now, making a quiet announcement into the space in May 2021. Follow the instructions for disabling the ad blocker on the site youre viewing. 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 . GameStop is laying off people as the company tries to fit in with a digitally-transforming videogame industry. 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.". Gaming giant GameStoplaunched its own nonfungible token (NFT) marketplace on Monday. 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. Both networks will eventually support GameStop's NFT marketplace once it goes fully live by July. GameStop first announced the NFT marketplace in February, but it dropped several hints about the same in 2021 as well. GODA artist Nina Chanel Abney will dive into her debut NFT project Super Cool World on HYPETALKS. 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. The GameStop NFT marketplace is accessible in multiple digital asset wallets, including the companys own GameStop Wallet. It could serve as a way to collect digital items and facilitate in-game economies. It operates more than 4,600 stores throughout the United States, Canada, Australia, New Zealand and Europe. GameStop on Monday, May 23, announced it has launched a beta version of its own Ethereum wallet for its upcoming NFT marketplace. 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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. Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! 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. 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's NFT marketplace crossed the $5 million trading volume milestone on Monday. The MetaBoy collection sits at the top with over $600,000 in under 24 hours. Based on the official blog post by Loopring's Adam Browman, the Layer2 Ethereum protocol has been implemented into GameStop's NFT marketplace. View source version on businesswire.com: https://www.businesswire.com/news/home/20220711005691/en/, GameStop Corp. Investor Relations Sign up and stay up to date with our daily newsletter. 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 last 14 months have been a strange old time for most, but none more than infamous video game pawn pawnbroker, Gamestop. GameStop (GME), an American video game, consumer electronics, and gaming merchandise, has finally launched its non-fungible token (NFT) marketplace. Subscribe Latest Press Release The. 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. "Our partnership with GameStop is an important step forward as Immutable brings the next billion players to web3 gaming. According to GameStop's financial report , as of January 2022, its loyalty program had approximately 50.5 million members, of which 16.1 million . Step 1 - Create a wallet GameStop first announced the NFT marketplace in February, but it dropped several hints about the same in 2021 as well. Just weeks after its creator stepped down from the project. 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. As time went on, Gamestop has specified that both the Immutable X and Loopring ecosystems coexist in the GME NFT marketplace ecosystem. GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. Immutable X will also become a Layer-2 blockchain for the platform. 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. July 11, 2022. All rights reserved. In photo: GameStop stock graph is seen in front of the company's logo in this illustration taken February 2, 2021. GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs. In January 2022, the stock, which is popular among retail traders, spiked by 30% following the announcement of its NFT division. Cointelegraph reported in May regarding the GameStop Wallet and plans for the new NFT marketplace. Many companies are already working on this, and it could have an impact on how the video game industry pans out in the future. There are currently 236 NFT collections in the 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 NFTs. The new GameStop NFT Beta landing page now states the marketplace is almost here, and invites users to beta test now. 0. The marketplace is already live in the beta phase. 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 . 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. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS. GameStop plans to launch a novel NFT marketplace as a part of its recent push for the adoption of digital assets. 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? GameStop Launches NFT Beta Marketplace With Loopring 3 Loopring and Gamestop collaboration. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. Prior to the beta launch, GameStop partnered Immutable X to develop its NFT marketplace. GameStop has launched the public beta version of its NFT marketplace. Truly Own Your Assets The GameStop Wallet is a self-custodial Ethereum wallet, which gives you full control of your assets. 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. The platform hopes to become the go-to destination for gaming-focused NFTs. All Rights Reserved. The marketplace will use the zk-Rollup technology to power its transactions, allowing trades at low cost and high speed. Before launching an NFT marketplace, the company launched a beta NFT market on Loopring, an Ethereum-based protocol. 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. The official launch will allow marketplace users to access Web3 . Gamestop is a U.S.-based video game, consumer electronics, and wireless services retailer. Meanwhile, GameStop is familiar with the NFT space. 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. Related: NFT hype evidently dead as daily sales in June 2022 dip to one-year lows. Other clients of Immutable X include DC Comics and an ongoing partnership with the VeVe NFT network. Copyright IBTimes 2022. Dont miss, GODA artist Nina Chanel Abney will dive into her debut NFT project Super Cool World on HYPETALKS. During . The announcement was revealed by Loopring's head of growth, Adam Browman, on March 23. Own your first NFT with 3 simple steps Your browser does not support the video tag. . The impact that this could have on GameStops businesses could be significant, though it will take time. The gaming company blows the whistle for the beta test kick-off of its Ethereum Mainnet-backed NFT Marketplace. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue. The new NFT marketplace intends to deliver low fees and high speeds. Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments. This is a public beta of the application, and users should expect outages until the full version of the marketplace is released. GameStop Market Performance. 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. But the new Maritime service will set you back $5,000 USD a month. Refresh page. Now, as Cohen has tweeted above, GameStop has launched the public beta of its NFT marketplace, . 42. The company reported a $158 million loss in Q1, 2022. Refresh the page, check Medium 's site status, or find something interesting to read. Robbing from the rich and giving to the poor.. GameStop will focus on attracting developers and players to use its marketplace, with the aim of becoming a hub for digital economies. You may have to select a menu option or click a button. Users of the marketplace can buy, sell, trade and create NFTs. GameStop's NFT Marketplace is Out in Beta. We charge advertisers instead of our readers. 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. With the popularity of NFTs still strong, this revival may be even more pronounced going forward. GameStop NFT Marketplace, powered by Loopring L2 | by Adam Browman | Loopring Protocol 500 Apologies, but something went wrong on our end. It's in Beta FFS. 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 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. The wallets that will be supported include GameStop wallets and wallets that. 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. Reminiscent of the Eminem x Carhartt x Air Jordan 4s. Named after the late artists GRAMMY-winning second and final album. In July, the Gamestop NFT marketplace beta allowed users to trade already existing collectibles and digital artwork. 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. ? Users can store, send, receive, and use cryptocurrencies and NFTs across various decentralized applications . For instance, the company launched its NFT marketplace on ImmutableX, an Ethereum-based blockchain. The gaming giant has launched several Web3-based products. 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). The NFT marketplace could be the start of a new era for 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. It's here that the retailer speaks to its GameStop Wallet and NFT marketplace. On Monday, video game retailer GameStop launched the beta version of its "digital asset wallet" for its upcoming NFT marketplace. 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. The beta version of GameStop's NFT marketplace has gone live on Loopring L2. According to Browman, GameStop, in collaboration with Loopring L2, seeks to give the general public "quick, affordable, and secure" access to digital ownership. While the crypto developments have injected new life into the once-struggling company, GameStop has still had a tough time in 2022. 11, 2022-- GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC). 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