GameStop: One NFT Marketplace to Rule Them All. Sweet dream or inevitable gaming future?
You may be familiar with the whole Reddit vs. Wall Street saga, or you may not. Well, thanks, Captain Obvious, what’s next? In case you were dormant just the way we did back in early 2021, this article will refresh some GameStop-related insights and will show you a brand new plan the company has — a quick but harmless spoiler — NFTs.
TL;DR
- GameStop board members feel like investing in crypto and NFT directions — they are among the first major gaming companies to enter the space.
- GameStop shares are fueled up after they’ve revealed plans on entering the NFT arena by introducing their NFT Marketplace, collaborating with hand-picked artists.
- Rising prices may be temporary, as building an NFT community and products require time and effort.
- GameStop NFT-related team already got 20 members and will be expanded over time
Why should you even care about Gamestop and its potentially far-reaching NFT hand? First things first, a little back story to get started.
If you’re one of those who doesn’t have the mental strength to handle the volatility the market brings on a daily basis and prefer long-term trades over short-term ones, you might have missed how a group of investors on Reddit gave Wall Street a rough week, causing losses worth millions of dollars.