Following the mixed financial results for the first quarter of the fiscal year 2022, the video game retailer GameStop said that it is taking steps to upgrade its digital asset wallet, with plans to enable transactions on its designed GameStop non-fungible token (NFT) marketplace upon its intended launch in the second fiscal quarter.
GameStop’s digital asset wallet currently enables gamers and others to store, send, receive and use crypto and NFT across decentralized apps. Launching the company’s own NFT marketplace, of which a beta version is already available, could further expand GameStop’s share of this prospective market.
NFT creators are eligible to sign up through this form ahead of the forthcoming launch.
Speaking during the earnings call on the first quarter, Matt Furlong, CEO of GameStop, said that the retailer was determined to launch new products aligned with the long-term future of gaming.
“During Q1, we specifically focused on two main areas: continuing to rebuild and...
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