NFT
Reading time: ~2 m
GameStop, an American video game retailer, has added support for Immutable’s layer 2 Ethereum protocol to its NFT marketplace.
GameStop NFT is bringing Web3 gaming collections to the masses with @Immutable.
Let’s ride — https://t.co/0xkZpvB7r2 pic.twitter.com/xmInFbjeZ9
— GameStopNFT (@GameStopNFT) October 31, 2022
Digital collectibles from startup blockchain games like Gods Unchained and Guild of Guardians have become available to users of the platform on the Immutable X network.
GameStop released a beta version of the NFT marketplace in March. The basis for the trading platform was the Loopring L2 solution. Initially, the American company announced the use of the Immutable solution.
The full launch of the platform took place in July. That same month, GameStop NFT was accused of selling the “unethical” Falling Man token.
According to DappRadar, there has been no trading activity on the marketplace in the last 30 days. For comparison, the segment leader, OpenSea, had a trading volume of $260.7 million over the period.
Data: Dapp Radar.
In June, Immutable announced the creation of a $500 million ecosystem fund. The structure is focused on funding Web3 game developers and NFT-focused startups based on Immutable X. GameStop took part in the initiative.
The partners have now reminded that game and NFT creators can take advantage of the $100 million grant program in IMX tokens.
Love building games?
If you’re a game developer, creator, or builder, apply to the $100M IMX Grant Program at https://t.co/baIBoCJh8E | @Immutable
— GameStopNFT (@GameStopNFT) October 31, 2022
In May, the startup launched a similar $40 million initiative together with the gaming portal Kongregate.
Recall that in March, Immutable raised $200 million in a Series C funding round led by Singaporean firm Temasek. According to its results, the project was estimated at $2.5 billion.
#GameStop #NFT #platform #integrates #trading #game #assets #Immutable
