GameStop won't stop at NFTs, now investing in blockchain games - News Summed Up

GameStop won't stop at NFTs, now investing in blockchain games


GameStop's new blockchain business unit will open an NFT marketplace in 2022 while also investing in new crypto-powered games. GameStop is going all-in on play-to-earn blockchain gaming and NFT trading. Brick-and-mortar store GameStop is betting big on nascent and speculative digital technologies like blockchain in a bid to supplement its sluggish retail business. Sources also tell the WSJ that GameStop has invested millions into new crypto business deals for play-to-earn blockchain games. The company is currently hiring five roles regarding web3, blockchain, and NFTs:


Source: Wall Street Journal January 07, 2022 22:48 UTC



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