GameStop launches NFT marketplace

GameStop Corp. has 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 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 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. Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethereum environments.
Recently GameStop posted a $147.5 million quarterly loss. The company is planning to change its legacy tag with its plans to foray into digital and streaming gaming, including NFTs.
The company in May launched its digital asset wallet to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens (NFTs) across decentralized apps without having to leave their web browsers. The GameStop Wallet is a self-custodial Ethereum wallet.