GameStop Launches Beta NFT Marketplace With Loopring Integration By DailyCoin
[ad_1]
GameStop Launches Beta NFT Marketplace With Loopring IntegrationMonths after teasing a non-fungible token (NFT) marketplace was in the works, video game retailer, GameStop (NYSE:), has launched the beta version of its NFT marketplace.
The announcement comes one month after GameStop announced a strategic partnership with Immutable X and revealed a $100 million NFT fund.
GameStop Integrates Loopring to Launch its NFT Marketplace
Taking to medium on Wednesday, March 23, the Loopring team announced that the Beta version of the GameStop NFT marketplace was built using Loopring’s layer two (L2) ZK-rollup technology.
According to the Loopring team, the beta version of Gamestop’s NFT market called beta.nft.gamestop.com is now live.
According to Loopring’s head of growth, Adam Browman, GameStop, through its NFT marketplace, seeks to provide “fast, cheap, and secure” access to digital ownership for the masses.
By integrating with Loopring, Browman explains that the GameStop marketplace will allow users to mint NFTs directly on Loopring L2 for “fractions” of the costly gas fees resulting from minting on L1, approximately less than $1.
Although the marketplace was launched with limited functions, users can now connect an Ethereum wallet to the platform and add funds via Loopring’s layer-2 scaling solution. However, there’s no NFT trading functionality at present.
On the Flipside
- The impact of the announcement has sent the price of GameStop (GME) shares up by 17.8% today, while Loopring (LRC) has dropped by 5%.
Why You Should Care
The benefits of integrating Loopring’s layer 2 solutions could be pivotal in attracting traders to the GameStop NFT marketplace.
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7]
You can always unsubscribe with just 1 click.
Continue reading on DailyCoin
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
[ad_2]
Source link
GameStop Launches Beta NFT Marketplace With Loopring IntegrationMonths after teasing a non-fungible token (NFT) marketplace was in the works, video game retailer, GameStop (NYSE:), has launched the beta version of its NFT marketplace.
The announcement comes one month after GameStop announced a strategic partnership with Immutable X and revealed a $100 million NFT fund.
GameStop Integrates Loopring to Launch its NFT Marketplace
Taking to medium on Wednesday, March 23, the Loopring team announced that the Beta version of the GameStop NFT marketplace was built using Loopring’s layer two (L2) ZK-rollup technology.
According to the Loopring team, the beta version of Gamestop’s NFT market called beta.nft.gamestop.com is now live.
According to Loopring’s head of growth, Adam Browman, GameStop, through its NFT marketplace, seeks to provide “fast, cheap, and secure” access to digital ownership for the masses.
By integrating with Loopring, Browman explains that the GameStop marketplace will allow users to mint NFTs directly on Loopring L2 for “fractions” of the costly gas fees resulting from minting on L1, approximately less than $1.
Although the marketplace was launched with limited functions, users can now connect an Ethereum wallet to the platform and add funds via Loopring’s layer-2 scaling solution. However, there’s no NFT trading functionality at present.
On the Flipside
- The impact of the announcement has sent the price of GameStop (GME) shares up by 17.8% today, while Loopring (LRC) has dropped by 5%.
Why You Should Care
The benefits of integrating Loopring’s layer 2 solutions could be pivotal in attracting traders to the GameStop NFT marketplace.
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7]
You can always unsubscribe with just 1 click.
Continue reading on DailyCoin
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
About The Author
