Thursday, May 8, 2025

Latest

GameStop Is Building An NFT Platform On Ethereum

GameStop (NYSE: GME) has announced that the company is creating a team for a non-fungible token platform based on Ethereum. On Tuesday, patrons of the Reddit social media platform found a new portal on GameStop’s website called “nft.gamestop.com.” The title of the portal reads “Change The Game.”

When the portal is clicked on, you see something very similar to a GameBoy from the early 90s with the Ethereum Diamond on top. The GameBoy reads, “Power to the players. Power to the creators. Power to the collectors.” Other than that there’s very little to go by, so not much is known of this portal.

Details are scarce about what GameStop has in mind for this portal. They did however announce that they were seeking a security analyst with a background in blockchain, cryptocurrency, and NFTs, back in April.

GameStop commented saying that the company was welcoming “exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders” to join the company’s NFT team.

GameStop (GME) last traded on the NYSE at US$244.70.


Information for this briefing was found via Reddit and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth

Related News

Ethereum: Transition To Proof Of Stake Could Boost Valuation

Several well-informed sources, including a researcher at the highly regarded Ethereum Foundation, have said that...

Sunday, May 30, 2021, 09:00:00 AM

GameStop Raises Gross Proceeds Of $1.13 Billion From ATM Financing

Sometimes volatility is a good thing. If you’re GameStop Corp (NYSE: GME), evidently it’s a...

Tuesday, June 22, 2021, 07:33:14 AM

Ether Market Cap Larger Than Nestle as Crypto Soars Past $3,000

The second-largest cryptocurrency, Ether, soared to a new record on Monday, further eroding at Bitcoin’s...

Monday, May 3, 2021, 04:39:00 PM

GameStop Reports Upswing In Net Income Despite 28% Sales Drop

GameStop (NYSE: GME) posted its latest financial results for Q4 and fiscal year 2024, reporting...

Wednesday, March 26, 2025, 09:21:00 AM

‘The Wolf of Wall Street’ Jordan Belfort Says Robinhood is ‘Toast’ Following GameStop Fiasco

The sudden decision by Robinhood to halt trading of several highly volatile stocks following the...

Tuesday, February 2, 2021, 03:56:00 PM