GameStop Prepares to Enter the NFT and Crypto World

According to the Wall Street Journal, the video game company GameStop continues to work on a new platform to be established for non-fungible token (NFT) technology.

GameStop made a statement in May of last year, The NFT platform that he plans to establish will be based on Ethereum. He had posted several job postings for him.

According to the WSJ’s report on Thursday, the company is establishing a special team to establish a non-fungible token-focused platform and to sign new partnerships with organizations in the cryptocurrency industry.

According to the news, which is based on sources knowledgeable about the subject, the company has already recruited this team. “more than 20 names” has been added.

GameStop’s “Close” to deal with two cryptocurrency companies parties within the scope of the partnership to be established, “will share technology with each other and jointly invest in the development of games using blockchain and NFT technologies” reported.

According to the quoted GameStop like this to sign many different partnerships and to these projects in total throughout the year. “to invest tens of millions of dollars” getting ready.

Although GameStop shares fell on a monthly basis, the news in the WSJ and the stock market from closing time later by 22% It rose in value to $160.50.

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