GameStop to Shutdown Its NFT Marketplace Amid Regulatory Scrutiny

GameStop to Shutdown Its NFT Marketplace Amid Regulatory Scrutiny

After approximately a year and a half since its NFT marketplace launch, GameStop, the publicly-traded video game retailer, has decided to bid farewell to its platform. The marketplace, which facilitated gaming NFTs and various collectibles on Immutable X and Loopring, operating across Ethereum scaling networks, will no longer be maintained by GameStop.
GameStop To Discontinue Its NFT Platform From February 2
“GameStop has opted to conclude operations of our NFT marketplace, citing ongoing regulatory uncertainties in the crypto space,” states a message on the marketplace’s website. Effective February 2, 2024, the platform will cease operations. Despite this, the NFTs, minted on blockchains, maintain accessibility and remain tradeable on other platforms.
The #GameStop NFT Marketplace is winding down
We would like to thank @GameStop for choosing Loopring L2 as an integration partner. It was a pleasure working with the team there
Creators: the future doesn’t stop here. Loopring L2 ha

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