GameStop, the gaming giant, has launched its own nonfungible token (NFT) marketplace on Monday. The new NFT marketplace intends to deliver low fees and high speeds.
It has been reported that users of the marketplace can buy, sell, trade, and create NFTs. The marketplace features functionality to enable users to view statistics for NFTs, and educational material is also provided. Educational content includes everything from NFT basics to how to connect a wallet to the marketplace is covered.
However it’s a noncustodial Ethereum layer 2-based application, and users can connect to the marketplace using the GameStop Wallet or other Ethereum-compatible wallets.
The report said that the marketplace displays featured NFTs, NFT creators, and collections on the app’s main screen. A deeper analysis of the market is also possible through the Explore interface. There are currently 236 NFT collections in the marketplace.
Thus, several Web3 games are coming to the marketplace through Immutable X, including Illuvium, Gods Unchained, and Guild of Guardians. GameStop partnered with Immutable X back in February. This is a public beta of the application, and users should expect outages until the full version of the marketplace is released.