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Gamestop launches NFT marketplace

 


Video game retailer Gamestop launched its own NFT marketplace on July 11th.

The NFT Marketplace is designed to "allow players, developers, collectors, and other community members to buy, sell, and trade NFTs," according to Gamestop .

The platform runs on the Ethereum Layer 2 network Loopring L2.

In the future, according to Gamestop, the range of offers will be expanded “to include additional categories such as Web3 gaming, other creators and other Ethereum environments”.

A separate wallet was also developed for this purpose.

However, the company could have timed it better. Trading volume on the NFT market has plummeted since the record months earlier this year .

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