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May 27, 2021

GameStop (GME) Will Launch NFT Platform!

 Starting from the stock sector, now GameStop (GME) is stepping into the crypto industry when it is reported that it will launch a non-fungible token (NFT) platform on the Ethereum network.

GME’s seriousness in the NFT ecosystem industry was evident when they launched their own website with the tagline ‘Power to the players. Power to the creators. Power to the collectors ’.

However, the website does not have full information related to the NFT project as rumored.

Instead, they welcome participation from engineers, graphic designers, gamers, and the profession into their ecosystem. There is also an ETH wallet address, but its function is unclear.

For now, GME has yet to make an official statement regarding the NFT project.

The NFT market has undeniably seen relatively slow and unfavorable movements over the past few months.

For the record, NonFungible revealed daily sales volume for the period April 27-May 26 decreased from 34,000 tokens to 20,236 tokens.

While daily sales value declined to $ 15.1 million on May 26 from the high reached on May 9, $ 176 million.