GameStop Opens Ethereum NFT Marketplace Following Company-Wide Layoffs #TOGRP7

Video game retailer GameStop’s long-awaited Ethereum NFT marketplace is finally live, the company announced today. GameStop had first teased plans for an NFT platform more than a year ago, in May 2021.

Currently, the marketplace plays host to an array of artwork projects that run on the Ethereum mainnet as well as Loopring, a layer-2 scaling solution. GameStop previously announced a partnership to use the Immutable X layer-2 scaling network, but the marketplace notes that Immutable X support is “coming soon.”.GameStop and Immutable X launched a $100 million token grant fund to bring game developers onto the marketplace.A press release notes that gaming NFTs will be added in the future.

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