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. The partnership will provide players with faster, cheaper, and more secure access to digital property rights. The MetaBoy collection sits at the top with over $600,000 in under 24 hours. In collaboration with blockchain startup Immutable X, the video game retailer GameStop has launched its NFT marketplace in the midst of a volatile market. According to Browman, GameStop, in collaboration with Loopring L2, seeks to give the general public "quick, affordable, and secure" access to digital ownership. Named after the late artists GRAMMY-winning second and final album. 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.". 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. GameStoppartnered with Immutable X back in February. GameStop has launched the public beta version of its non-fungible token (NFT) marketplace, the video game retail giant announced Monday. 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 is less of a company that sells video games now and more a rallying cry for meme stock enthusiasts and now, web3 devotees. . With the metaverse also projected to take off, the NFT space may take an even bigger space on center stage in the near future. The announcement was revealed by Loopring's head of growth, Adam Browman on March 23. The NFT marketplace could be the start of a new era for GameStop. According to GameStop's financial report , as of January 2022, its loyalty program had approximately 50.5 million members, of which 16.1 million . 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. Meet the new kid on the blockchain #GameStopNFT pic.twitter.com/BIrLrmYnMp, GameStopNFT (@GameStopNFT) May 19, 2022. Gamestop Marketplace Goes Beta off the Back of Loopring Tech. For more news about blockchain, cryptocurrency, NFTs and Web3, visit Hypemoon.com. Gamestop's highly anticipated NFT marketplace has been launched in beta. This is a public beta of the application, and users should expect outages until the full version of the marketplace is released. 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! In photo: GameStop stock graph is seen in front of the company's logo in this illustration taken February 2, 2021. 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Gamestop also has support from two Ethereum layer-2 solutions - Loopring and Immutable X. Gamestop NFT Jul 12, 2022 0 Hypes 4 GameStop first made its debut into the world of Web3. 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 . 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. The official launch will allow marketplace users to access Web3 . You may have more than one ad-blocker installed. The company reported a $158 million loss in Q1, 2022. July 11, 2022. We charge advertisers instead of our readers. 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. Amid high speculation, once the . Invest and Seaside Club Will Do the Rest Read Now. But it arrives with a surprise: It will be powered by Loopring instead of Immutable X, recently announced partner. (817) 424-2001 11, 2022-- 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. "Our partnership with GameStop is an important step forward as Immutable brings the next billion players to web3 gaming. 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. Users can store, send, receive, and use cryptocurrencies and NFTs across various decentralized applications . Support us by whitelisting our site. "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. The marketplace is based on layer 2 Ethereum and also links to the GameStop Wallet. Gaming giant GameStop launched its own nonfungible token (NFT) marketplace on Monday. ir@gamestop.com, https://www.businesswire.com/news/home/20220711005691/en/. 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. The beta version of GameStop's NFT marketplace has gone live on Loopring L2. The GameStop NFT marketplace is accessible in multiple digital asset wallets, including the companys own GameStop Wallet. 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. Related: NFT hype evidently dead as daily sales in June 2022 dip to one-year lows. GameStop first announced the NFT marketplace in February, but it dropped several hints about the same in 2021 as well. GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. 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. 42. Truly Own Your Assets The GameStop Wallet is a self-custodial Ethereum wallet, which gives you full control of your assets. The wallets that will be supported include GameStop wallets and wallets that. Robbing from the rich and giving to the poor.. Based on the official blog post by Loopring's Adam Browman, the Layer2 Ethereum protocol has been implemented into GameStop's NFT marketplace. Hello Defiers! The marketplace has been operating in a public beta phase since July, and after three months of testing, it is now live. GameStop's NFT marketplace crossed the $5 million trading volume milestone on Monday. The tokens have been sold for a sizable $77 million. The new GameStop NFT Beta landing page now states the marketplace is almost here, and invites users to beta test now. The marketplace has seen a somewhat expected influx of users in its opening 24 hours with a competitive trading volume. 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. The marketplace will be based on an Ethereum layer-two network. The marketplace is already live in the beta phase. The new NFT marketplace intends to deliver low fees and high speeds. But the new Maritime service will set you back $5,000 USD a month. Educational content includes everything from NFT basics to how to connect a wallet to the marketplace is covered. 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. 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. 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 impact that this could have on GameStops businesses could be significant, though it will take time. 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. Step 1 - Create a wallet Marketplace users can buy, sell, trade and create NFTs. 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. 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 beta deal is clearly a big win for Loopring. You should not place undue reliance on these forward-looking statements. The new NFT marketplace intends to deliver low fees and high speeds. The marketplace features functionality to enable users to view statistics for NFTs, and educational material is also provided. The marketplace was developed in collaboration with Immutable X, for which GameStop received IMX tokens. The marketplace has functionality to enable users to view statistics for NFTs, and educational material . 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. GameStop NFT marketplace is now live in beta. 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. GameStop Jumps Into Web3 With NFT Marketplace. GameStop has launched the public beta of its highly anticipated NFT marketplace, much to the joy of its investors and the crypto community. The whole platform is still in its beta version and currently, there is an open invitation for creators to join. As time went on, Gamestop has specified that both the Immutable X and Loopring ecosystems coexist in the GME NFT marketplace ecosystem. . As we reported, the company has partnered with Immutable X for the project and announced a $100 million grant for game . Users of the marketplace can. GameStop Market Performance. Cointelegraph reported in May regarding the GameStop Wallet and plans for the new NFT marketplace. Several Web3 games are coming to the marketplace through Immutable X, including Illuvium, Gods Unchained and Guild of Guardians. We use cookies to improve your experience. GameStop NFT Marketplace, powered by Loopring L2 | by Adam Browman | Loopring Protocol 500 Apologies, but something went wrong on our end. In January 2022, the stock, which is popular among retail traders, spiked by 30% following the announcement of its NFT division. Gaming giant GameStoplaunched its own nonfungible token (NFT) marketplace on Monday. GameStop has launched the public beta version of its NFT marketplace, allowing users to buy, sell, and trade NFTs. 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 pockets will enable customers to retailer, ship, and obtain crypto in addition to NFTs. The Mclaren Formula 1 driver walks us through his race day necessities. GameStop has launched the public beta version of its NFT marketplace. The company currently hosts NFT collections like Gary Vaynerchuks Book Games on its own TokenTrove marketplace. Power to the players! GameStop does have good potential within the NFT space, as the unique asset has applications within the video gaming industry. The partnership was initially announced in February and the GameStop NFT platform has been operating as a public beta since July. 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. The Q4 earnings report for GameStop revealed the proposed move to launch the NFT marketplace towards the end of July. According to the Ethereum L2 Loopring project team, the beta version of Gamestop's NFT Marketplace called beta.nft.gamestop.com is now live. View source version on businesswire.com: https://www.businesswire.com/news/home/20220711005691/en/, GameStop Corp. Investor Relations 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. Many companies are already working on this, and it could have an impact on how the video game industry pans out in the future. With the popularity of NFTs still strong, this revival may be even more pronounced going forward. 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 gaming giant has launched several Web3-based products. The highest grossing collection on GameStop NFT is MetaBoy, with over $100,000 in volume today.https://t.co/xUG1eo9tDK pic.twitter.com/NjFuDtGBIU. Gamestop also allows various wallets to connect and trade on its NFT marketplace. A deeper analysis of the market is also possible through the Explore interface. Refresh page. The latest Immutable X launch allows in-game items to be sold on the marketplace. But send the feedback/trouble reports to the right place, which is not Reddit. 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. 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. It's in Beta FFS. 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. 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. 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 announcement was revealed by Loopring's head of growth, Adam Browman, on March 23. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. All Rights Reserved. Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments. The forward-looking statements involve a number of risks and uncertainties. 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. So far, the platform isn't generating profits. Last month, Gamestop revealed a partnership with Immutable X and revealed a $100 million NFT fund. 26.05.2022. The wallet will allow users to store, send, and receive crypto as well as NFTs. The NFT house has been awaiting GameStop's NFT market because it first introduced it virtually a 12 months in the past. 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. GameStop will focus on attracting developers and players to use its marketplace, with the aim of becoming a hub for digital economies. 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. The American video game . There are currently 236 NFT collections in the marketplace. This includes its own "Gamestop Wallet", added as a browser . 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. Copyright 2022 IBTimes LLC. 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 . The site allows gamers, creators, collectors, and other community members to buy, sell and trade NFTs. Head of growth at Loopring, Adam Browman, made an announcement on Medium that GameStop's beta version of marketplace is live now. 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." Users of the marketplace can buy, sell, trade and create NFTs. GameStop Launches NFT Marketplace Beta Initially set to run as an Ethereum Layer-2 platform. It's here that the retailer speaks to its GameStop Wallet and NFT marketplace. Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! GameStop plans to launch a novel NFT marketplace as a part of its recent push for the adoption of digital assets. In July, the Gamestop NFT marketplace beta allowed users to trade already existing collectibles and digital artwork. 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. Copyright IBTimes 2022. 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. GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC). GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. The marketplace is decentralized and based on layer 2 Ethereum. Easily connect to the GameStop NFT marketplace and trade NFTs from anywhere. The video game retailer has now launched an NFT marketplace . 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