{"id":58914,"date":"2022-03-18T10:00:17","date_gmt":"2022-03-18T08:00:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58914"},"modified":"2025-09-04T19:13:07","modified_gmt":"2025-09-04T16:13:07","slug":"gamestop-to-launch-nft-marketplace-by-end-of-july","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/gamestop-to-launch-nft-marketplace-by-end-of-july\/","title":{"rendered":"GameStop to launch NFT marketplace by end of July"},"content":{"rendered":"<p>The American retailer of video game consoles and computer games GameStop <a href=\"https:\/\/investor.gamestop.com\/news-releases\/news-release-details\/gamestop-reports-fourth-quarter-and-fiscal-year-2021-results\">said<\/a> it would launch an NFT marketplace by the end of the second fiscal quarter 2022.<\/p>\n<p>The company <a href=\"https:\/\/u1f987.com\/en\/news\/gamestop-unveils-nft-marketplace-and-immutable-partnership\">stated<\/a> this initiative for the first time in February.<\/p>\n<p>The platform will be built on an Ethereum Layer 2 solution from Australian startup Immutable. The partners created a joint fund worth $100 million in IMX tokens. The structure is designed to fund developers and NFT content creators. Immutable will also provide GameStop up to $150 million in IMX as milestones are reached.<\/p>\n<p>Earlier, one of the company\u2019s close sources in an interview with The Wall Street Journal <a href=\"https:\/\/u1f987.com\/en\/news\/media-reports-that-gamestop-plans-to-launch-nft-marketplace\">stated<\/a> that the platform will allow buying, selling and exchanging non-fungible tokens based on in-game items.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAs we scale and expand our core offerings, we will simultaneously invest in additional growth, including blockchain, digital assets, including NFTs, Web 3.0 technology and new store formats,\u201d<\/em> \u2014 according to the <a href=\"https:\/\/investor.gamestop.com\/node\/19651\/html\">latest filing<\/a> with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>.<\/p>\n<\/blockquote>\n<p>As reported earlier, founder and head of Meta (<a href=\"https:\/\/u1f987.com\/en\/news\/facebook-rebrands-as-meta-nfts-to-feature-in-zuckerbergs-metaverse\">formerly Facebook<\/a>) Mark Zuckerberg <a href=\"https:\/\/u1f987.com\/en\/news\/mark-zuckerberg-confirms-imminent-nft-rollout-on-instagram\">confirmed<\/a> rumors of non-fungible tokens appearing on Instagram.<\/p>\n<p>Earlier, the SEC <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-sec-begins-scrutiny-of-nft-regulation\">began work<\/a> on determining whether NFTs are securities and applying the relevant laws to them.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American retailer of video game consoles and computer games GameStop said it would launch an NFT marketplace by the end of the second fiscal quarter of 2022.<\/p>\n","protected":false},"author":1,"featured_media":58915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1243,822,1213],"class_list":["post-58914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-gamestop","tag-marketplace","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58914"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58914\/revisions"}],"predecessor-version":[{"id":58916,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58914\/revisions\/58916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58915"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}