By Shelly Melancon (Switzerland)
GameStop is set to announce its NFT collection and marketplace. Users will browse and purchase their gaming NFTs in the marketplace. The assets would then be exchanged or traded on other marketplaces.
Also, popular gaming ecosystem are integrating NFTs as in-game assets, which is becoming more popular now. Therefore, GameStop is investing in that space. they believe Play-to-earn games which allows users to earn rewards and trade them with other in-game NFT assets is the rage.
The Gaming platform has not published a date for the release leaving users hungry for a specific release date. The officials at the gaming platform are dishing out information about the release of its NFT marketplace to users on its official website.
Although much of the information released so far are teasers to whet the appetite of users, users are having a good time already because the initiative drives involvement and participation. The teasers are basically open invitations to anyone who desires to be part of the NFT team.
GameStop is reaching out to its community to draw talent, especially software developers from the its loyal stable. The recent development is an open call, more like a hiring gig, but it is open to community, which is a good thing. The requests for software developers means that the NFT space is being developed and it is beyond hearsay or gossip.
Community Participation for the Project
The team had also requested for software developers to tag along. Knowing how software development spreads out in phases and deliverables, users and the GameStop community might not get into the NFT space soon. They will wait the development phase out until completion. Rumors had it the NFT hub was happening, but that was in July, and nothing had materialized.
While users want to quickly ape in to the NFT space, they must hold on until development is completed. Creating a marketplace with Web 3 features surely requires adequate planning. GameStop shows their commitment to develop a platform that involves everyone, but the final product will take some time. Users must calm down as GameStop wraps up the project.
GameStop opined they are clearly differentiating their marketplace from other competitors offering NFT transactions and assets. Users, collectors, creators, and players will have native powers to supervise the running of the marketplace. The community is happy about this news as it fuels collaboration in the decision-making process of the incoming marketplace. Also, it is clear that the NFT marketplace is designed in such a way that nobody is left out. everyone matters.
Ethereum Smart Contract
According to the teaser page on GameStop’s website, there is an Ethereum contract address available for users to mint. Users will start to mint the smart contract once the project has been finalized. This means Ethereum will fuel the marketplace. Ethereum had brought more stability amongst other decentralized blockchain so far this year. Besides, Ethereum blockchain is quite scalable, which means that the strategic adoption of Ethereum to run the NFT marketplace will yield further growth and innovation for GameStop in the future.
At Tokenhell, we help over 5,000 crypto companies amplify their content reach—and you can join them! For inquiries, reach out to us at info@tokenhell.com. Please remember, cryptocurrencies are highly volatile assets. Always conduct thorough research before making any investment decisions. Some content on this website, including posts under Crypto Cable, Sponsored Articles, and Press Releases, is provided by guest contributors or paid sponsors. The views expressed in these posts do not necessarily represent the opinions of Tokenhell. We are not responsible for the accuracy, quality, or reliability of any third-party content, advertisements, products, or banners featured on this site. For more details, please review our full terms and conditions / disclaimer.