GameStop Quietly Announces a Move into the NFT Industry

GameStop have quietly announced a venture into the NFT industry. Keen to revitalise their ailing image and capitalise on their significant media attention, GameStop is finally embracing the internet. A new website, nft.gamestop.com, bearing the GameStop logo and the words “Power to the players. Power to the creators. Power to the collectors” appeared overnight.

Not much is known of their intentions so far, but what we can expect is an NFT marketplace and gaming hub. Additionally, an Ethereum wallet address has appeared linked to something called a $GME token. And finally, a message at the bottom invites exceptional individuals to join the team.

For those who have been sleeping in a hedge for the last six months, GameStop was the centre of a two- fingered salute to the parasitic hedge funds. For a while, GameStop was the expert’s choice to be the next retail giant to bite the dust, and consequently they bet heavily against it. The internet of things caught on and collectively decided the lovable software pawn-shop wasn’t going down without a fight. The rest is history. Six months on, and the hodlers are still standing strong, and the GME stock still riding high.

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Image credit: via Gamestop

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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