Home Game NFTs GameStop launches the NFT Project – amid CryptoCrash?

GameStop launches the NFT Project – amid CryptoCrash?

by Noah S

GameStop expressed its interest in voluntary trade agreements several years ago, before they became a common commodity. This week, the project’s account on Twitter only went on, with many scams flooding the space already. However, the merchant is untoward, and is ahead of the launch, even if it comes down to a recent crypto crash. Many worried their digital assets and currency, lost value.

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GameStopNFT has shared several tweets and is looking for creators. Thus far, the project is focused on raising awareness of the real world of the blockchain, suggesting it intends to take first-time crypto buyers involved in it. Of course, after years of the new wave of the NFT craze, people have been lost in a world of 100 thousand or even thousands in crypto, in a crash that has not yet been recovered from.

Axie Infinity is a classical example of what you’ll need to come For NFT Games.

This way, a request to become a creator is the only thing you can do for GameStopNFT. There is no indication when the marketplace will open. It’s just listed in the “news” tab.

Despite the game’s failure to survive the bizarre stock market incident in 2021, where thousands of ordinary people bought up a company, it ended the year in a huge loss of $381 million. It has said previously that it plans to recover from this loss with its NFT project. This doesn’t come cheap, because it set aside 100 million dollars to get game devs involved, so it can sell assets such as skins and weapons. Since NFT sales have recently dropped 92 percent from last September, this may not be the soundest plan to evade the financial woes.

The crypto market, as we reported last week, reached its lowest point since 2020. A trillion dollars were sold on the market of the cryptocurrency exchange at large, since Luna lost 99 percent of its value. As for many monetary instruments, it’s failed to recover since the crash. It remains to be seen if GameStop ploughing ahead with its plans helps pull the marketplace out of this hole.

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