Bitcoin
$66,587.29+0.54%
Ethereum
$3,189.11-1.12%
Binance Coin
$603.97-0.33%
Solana
$155.66+0.83%
XRP
$0.55066258+2.51%
Dogecoin
$0.15910687-2.12%
Toncoin
$5.71-8.05%
Cardano
$0.51587943+0.15%
Shiba Inu
$0.00002670-1.61%
Avalanche
$38.99-0.13%
Wrapped Bitcoin
$66,687.90+0.55%
Polkadot
$7.50+0.54%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
36
DAYS
05
HR
42
MIN
06
SEC
Finance

GameStop Is Hiring for New NFT Platform on Ethereum

The video-game retailer has already created a token for its NFTs on Ethereum.

By Jamie Crawley
AccessTimeIconMay 26, 2021 at 10:49 a.m. UTC
Updated May 9, 2023 at 3:19 a.m. UTC
A graphic from GameStop's NFT page.
A graphic from GameStop's NFT page.
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Video-game retailer GameStop is building a team for a non-fungible token (NFT) platform based on Ethereum.

  • A sparsely populated page on GameStop's website said the company is welcoming "exceptional engineers ... designers, gamers, marketers, and community leaders" to join the team and includes a link to an Ethereum address.
  • The address shows that as part of the plan for the platform, GME has already created an ERC-721 standard token, which is used to create NFTs.
  • While details of the planned platform are so far in short supply, a graphic stating "Power to the players. Power to the creators. Power to the collectors," may suggest NFTs will be based on gaming.
  • GameStop was at the center of a trading frenzy driven by Reddit forum WallStreetBets in January, which saw the company's stock soar as high as $483 on Jan. 27 compared to $18 at the end of 2020.
  • The stock has experienced a smaller yet still significant rally in recent weeks, priced at $217.99 in pre-market trading Wednesday, an increase of nearly 23% since the start of May.
VolumeMuteUnmute

Wormhole’s W Token Has a 999% Weekly Return; Why VanEck Is Bullish on Ethereum Layer 2s

  • BlackRock Joins Asset Tokenization Race; North Korea Hackers Stole $3B in Crypto Since 2017
    02:07
    BlackRock Joins Asset Tokenization Race; North Korea Hackers Stole $3B in Crypto Since 2017
  • What Does State Inquiry Mean for Ethereum?
    05:25
    What Does State Inquiry Mean for Ethereum?
  • Solana Passes Ethereum on DEX Volume
    01:15
    Solana Passes Ethereum on DEX Volume
  • Bee Movie Script Buzzing on Ethereum; Robinhood Benefits From ‘Monster’ Crypto Cycle
    02:09
    Bee Movie Script Buzzing on Ethereum; Robinhood Benefits From ‘Monster’ Crypto Cycle

    • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

    Read more about
    EthereumNFTsGameStop