After a successful private beta, GameStop has now released its public beta NFT marketplace. The marketplace enables gamers, creators, collectors, and others to buy, sell and trade NFTs.
On July 11, the said gaming giant launched its own non-fungible token (NFT) marketplace that aims to provide low fees and high speeds.
GameStop has been at the forefront of the NFT craze, and this move will only solidify its position as a key player in the space. With the release of the public beta, anyone can now start buying, selling, or trading NFTs on the platform.
The marketplace allows consumers to check NFT statistics, and instructional resources are also made available. The educational material covers everything, from the fundamentals of NFT to how to link a wallet to the market.
The public beta release comes after a successful private beta that saw over $1 million in sales. The gaming retailer says that it plans to use the proceeds from the sale of NFTs to support its core business and expand its offerings in the gaming space.
So far, the reaction to the NFT marketplace has been positive, with many users praising the low fees and high speeds. However, some users have raised concerns about the lack of liquidity in the market, which could make it challenging to sell NFTs.
The launch marks an important step for the company in its foray into the world of NFTs. With its large user base and extensive experience in the gaming industry, the company is well-positioned to become a major player in the NFT space. So far, the reception to the marketplace has been positive, with users praising its low fees and easy-to-use interface.