The American video game retailer – GameStop Corp. – partnered with Immutable X Pty Limited (a scaling solution for non-fungible tokens) to establish an NFT marketplace. As part of the deal, both parties created a $100 million fund.
GameStop With an NFT Marketplace
According to GameStop’s announcement, Immutable X will become a layer-2 partner for the former’s NFT marketplace. The project is expected to see the light of day later this year. Immutable X will also provide nearly $150 million in IMX tokens to GameStop upon achieving specific goals.
Anyone willing to become a content creator on the NFT marketplace, including gaming studios, Web3 and Metaverse developers, could apply on GameStop’s website.
The details on the collaboration and other relevant information will be disclosed in Form 8-K with the US Securities and Exchange Commission (SEC).
GameStop signaled its interest in blockchain technology and non-fungible tokens earlier this year when it launched a new division de
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