NFT

GameStop NFT Marketplace Already Beating Coinbase In Sales Volume

After months of waiting, GameStop finally launched its NFT marketplace this week. Notably, on its first day alone, the platform garnered about $1.8 million in sales. As opposed, the Coinbase NFT marketplace—another much-hyped NFT platform that launched this year—raked in a little over $1 million in sales in a month. Here’s all you need to…

NFT

Tencent NFT Marketplace Shut Down For Legal Reasons

Tencent, the huge Chinese internet and technology company, has shut down its NFT marketplace. Although there has been no official news, many within the industry believe it is due to legal reasons surrounding government policy. NFTs are not actually banned in China, but recent government guidelines make it difficult.Tencent, the Chinese technology company, is closing…

NFT

NFT marketplace OpenSea to slash 20% of jobs amid ‘crypto winter’

A non-fungible token (NFT) displayed on the website of NFT marketplace OpenSea is seen through a magnifying glass, in this illustration picture taken February 28, 2022. REUTERS/Florence Lo/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comJuly 14 (Reuters) – Non-fungible token (NFT) marketplace OpenSea has cut 20% of its workforce to reduce costs in the…

NFT

GameStop NFT Marketplace Is Live: Here’s What People Are Saying

Video game retailer GameStop finally launched its NFT marketplace on July 11, the company announced. The platform, which is a non-custodial Ethereum Layer-2 has reportedly recorded over $1 million in sales just hours after launched, surpassing Coinbase’s NFT marketplace’s $74k sales volume on its first day. GameStop Ignores Market Turmoil, Records Over $3 Million in…

NFT

GameStop NFT Marketplace Earns $44,500 In Its First Day

Screenshot: GameStop / KotakuWhat’s more grim? That GameStop slashed headcount to cut costs right before launching an NFT marketplace, or that the NFT marketplace which the company spent millions on earned only an estimated $44,500 on its big debut? For those keeping score at home, that’s less than the price of a new truck.GameStop’s new…

NFT

GameStop Goes Live with its Much-Anticipated NFT Marketplace

American video game retail chain GameStop has officially launched its long-awaited Ethereum-based NFT marketplace. The marketplace is running on both the Ethereum mainnet and layer-2 scaling solution Loopring and is hosting various artwork projects, with plans to branch into video games. Another Start for GameStop GameStop entered a partnership with Immutable X in February to…

NFT

GameStop launches NFT marketplace amid turmoil

GameStop launches NFT marketplace amid turmoil Zeynep Geylan · 2 months ago · 3 min read GameStop launched its long-awaited NFT marketplace right after it laid staff off and its stocks jumped due to 4-for-1 split. 3 min readUpdated: July 12, 2022 at 3:04 pm Cover art/illustration via CryptoSlateAmerican video game retailer GameStop launched its…