GameStop NFT platform has integrated trading of gaming assets from Immutable

The American video game retailer GameStop added to its NFT marketplace support for Ethereum-second-layer protocol from Immutable.

GameStop NFT is bringing Web3 gaming collections to the masses with @Immutable.

Let’s ride — https://t.co/0xkZpvB7r2 pic.twitter.com/xmInFbjeZ9

— GameStopNFT (@GameStopNFT) October 31, 2022

Users of the platform gained access to digital collectible items from blockchain games such as Gods Unchained and Guild of Guardians on the Immutable X network.

GameStop introduced a beta version of the NFT marketplace in March. The marketplace was based on the Loopring L2 solution. Initially, the American company announced the use of Immutable’s solution.

The full platform launch occurred in July. In the same month GameStop NFT was accused of selling the “unethical” token Falling Man (“Falling Man”).

According to DappRadar, trading activity on the marketplace was absent in the last 30 days. For comparison, the leader in the segment — OpenSea — trading volume over the period was $260.7 million.

In June, Immutable announced the creation of an ecosystem fund totaling $500 million. The fund is focused on financing developers of Web3 games and NFT-focused startups built on Immutable X. GameStop participated in the initiative.

Partners noted that game and NFT creators can take advantage of the $100 million IMX Grant Program in IMX tokens. 

Love building games?

If you’re a game developer, creator, or builder, apply to the $100M IMX Grant Program at https://t.co/baIBoCJh8E | @Immutable

— GameStopNFT (@GameStopNFT) October 31, 2022

In May, a similar $40 million initiative was launched by the startup in partnership with the gaming portal Kongregate.

In March, Immutable raised $200 million in a Series C funding round led by Temasek. The round valued the project at $2.5 billion.

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