Video game retailer GameStop is the latest firm to throw its fungible hat into the non-fungible ring, rolling out a new “self-custodial Ethereum wallet” that will allow users to store and use cryptocurrencies and NFTs.
Lots of gaming companies have taken an interest in NFTs lately despite pushback from players and developers, and even Square’s sale of its western portfolio to Embracer was stated as enabling “moving forward with investments in fields including blockchain.”
GameStop wants in on NFTs
Now, it’s GameStop’s turn to strike while the iron is cool and join the party, with a new crypto wallet that will “allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens (“NFTs”) across decentralised apps without having to leave their web browsers,” according to today’s press release. This comes ahead of GameStop — which even now has its own blockchain support page — following up with its own NFT marketplace, which is “expected to launch in the second quarter of the company’s fiscal year.”
Thoughts? Smart move by GameStop, or just a token gesture? Unleash your inner armchair investor and let us know in the comments!
