Monday, August 8

GameStop assembles a team of experts for its upcoming NFT platform

GameStop, an American video game, consumer electronics, and gaming merchandise retailer, is assembling a team of blockchain and nonfungible token (NFT) experts to work on the firm’s upcoming NFT platform.

A post about GameStop’s job listings yesterday has received more than 10,000 upvotes, with many members posting bullish sentiments over GameStop’s latest move.

GameStop quietly unveiled a bare-bones website for its NFT marketplace in May. The site currently features a Nintendo Gameboy-style gaming console with an Ethereum logo, along with a message calling out for recruits to work on the platform.

What you should know

The firm has withheld information about what the NFT marketplace would look like to its chest. However, on Monday, it listed a total of eight jobs for crypto-friendly candidates, including three roles for NFT-experienced software engineers, three jobs for product marketers, and two roles focused on Web 3.0-based gaming.

One of the listings for the head of Web 3.0 gaming job says that GameStop is looking for someone with experience with “Ethereum, NFTs and blockchain-based gaming platforms.” The firm has also hinted that there are some plans related to a metaverse in the works.

The job listing also stated, “GameStop is looking for a unique individual who can help accelerate the future of gaming and commerce. In this future, games are the places to go, and play is driven by the things you bring. Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath.”

GameStop’s market performance

GME, which is listed on the New York Stock Exchange (NYSE), has had a volatile performance in October, going as low as $166 before bouncing to around $187 and subsequently crashing down again. However, the price of GME currently stands at $177.84 at the time of writing. The year-to-date gain for GME is a whopping 930.93%.