GameStop Builds NFT and Cryptocurrency

The popularity of NFTs (non-fungible tokens), ie non-exchangeable digital assets, is increasing day by day. This is causing many tech companies to increase their investments in NFTs. As you can imagine game companies is one of the first to invest in these assets.

Today, we shared with you that South Korea-based game developer WeMade has announced the game called Legend of Ymir, which allows you to earn NFT and crypto money. In addition, we have conveyed to you that the world-famous company Square Enix, the developer of games such as Tomb Raider and Final Fantasy, plans to be involved in NFT and blockchain, and will increase its investments in Metaverse and release games with the play-win principle. Now a US-based game and electronics retailer. GameStopdecided to make moves towards NFT and cryptocurrencies.

NFT and cryptocurrency will be established

According to the report shared by the Wall Street Jorunal, GameStop, which played the leading role in the stock increase frenzy last year, A unit to focus on NFTs and cryptocurrency partnerships decided to establish In addition, the company plans to create an NFT market; Therefore, it was among the news that the unit planned to be established has already recruited 20 people. It was also stated in the shared report that GameStop, which has not yet made any statement about these news, will be the first major video game retailer to enter NFT and cryptocurrencies.

Ubisoft, one of the giants of the gaming industry, also announced its NFT platform and its first collection last month. Reddit founder Alexis Ohanian also made statements about investments in gaming companies’ NFT and blockchain, within 5 years He stated that all games will be games that can earn crypto money. So what do you think of gaming companies’ investments in NFTs and blockchain? You can share your thoughts in the comments.