GameStop Plans To Launch an NFT Marketplace

GameStop plans to launch a marketplace for nonfungible tokens for gamers by the end of the year, Bloomberg News reported Friday, citing a person familiar with the matter. From the report: The company, which is in the midst of a turnaround to focus on digital sales rather than brick-and-mortar shops, is also in talks with crypto and blockchain companies about which tokens could be used on the NFT marketplace, the person said, asking not to be named discussing details that aren’t yet public. It’s also discussing with partners the potential for creating a number of funds, of up to $100 million each, to invest in NFT content creators and gaming companies. Over the last few months, GameStop has assembled a team of more than 20 people that are focused on the crypto-related push, the person said. Read more of this story at Slashdot.