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Remember Gamestop?
Yes, the infamous Gamestop(GME) where Redditors in the WallStreetBets subreddit came together for a war against hedge funds and caused the ultimate short squeeze that saw shares run-up to a 2500% return.
Even Michael Burry from the movie, The Big Short, was in on the action.
Today they released their GameStop NFT marketplace out as a public beta!
The brick-and-mortar retailer pivoted to the digital gaming space during the pandemic, and we are finally seeing the results of that move.
Gamestop’s NFT Marketplace is running on the Ethereum blockchain via the Loopring Layer 2 Scaling solution that uses ZK-Rollups to process off-chain transactions, allowing for scalability and low-cost transactions.
They also have a partnership with Immutable X providing $100 million dollars to fund high-level projects from studios, developers, publishers, and content creators.