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GameStop (GME) NFT Marketplace is built on Loopring (LRC) L2

Loopring has announced that it's partnered with GameStop to create the company's NFT marketplace.

Donovan Erskine

March 23, 2022 3:25 PM

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We recently got word that GameStop was working on an NFT marketplace when a beta website for such a service was discovered and shared online. Though GameStop has yet to fully unveil its plans, the pieces are slowly being put together as to what the NFT marketplace will look like. Now, Loopring has come forward with an official statement in which it reveals that it’s partnering with GameStop to power the company’s NFT marketplace.

Loopring announced the partnership in a news release posted to its website. The company is already a major player in the world of Layer2 and Ethereum, and will now help GameStop get its NFT marketplace off the ground. In the release, Loopspring discusses the future of NFTs in gaming and the metaverse. It also explains how exactly it’s powering GameStop’s NFT marketplace.

It’s been a pretty big day of news for the gaming retailer, as it also moved more than 24 million shares traded, in addition to news on the crypto and NFT front.

GameStop’s NFT marketplace is up now in beta form. Here, users can learn more about NFTs, Layer2, and get started by connecting their wallet. GameStop has clearly been making strides to further its business in the digital space. This means putting a bigger emphasis on e-commerce, as well as planting its flag in the NFT space and metaverse. As we continue to monitor the latest business moves of GameStop, stick with us here on Shacknews.

Donovan Erskine

News Editor

Donovan is a young journalist from Maryland, who likes to game. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge Scream nerd and film fanatic that will talk with you about movies and games all day. You can follow him on twitter @Donimals_