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GameStop Partners Up with Immutable X to Bring Games, NFTs, and More

Published 11/01/2022, 10:35 AM
Updated 11/01/2022, 11:30 AM
© Reuters GameStop Partners Up with Immutable X to Bring Games, NFTs, and More

  • GameStop (NYSE:GME) has announced the hosting of NFTs minted on Immutable X, an Ethereum Layer-2 protocol, on its NFT marketplace.
  • Previously, GameStop shared its plans to partner with Immutable X in February this year.
  • Moreover, the partnership will allow both platforms to provide eco-friendly NFTs with 100% gas-free and carbon-neutral minting and trading.

GameStop NFT Marketplace, Now Offering Web 3.0 Games

GameStop has expanded its crypto partnerships since sharing its plans of building an NFT marketplace in January. The video game retailer partnered with Immutable X in February and launched a $100 million Development Fund. The fund encouraged game developers to build on Immutable X and the NFT marketplace.

GameStop later revealed the beta version of its NFT marketplace in March this year. The video game retailer integrated Loopring, a ZK-rollup Layer-2 protocol, to launch the beta version of the marketplace.

Finally, GameStop officially inaugurated its highly anticipated NFT marketplace, utilizing Ethereum, in July this year. The Ethereum integration allowed GameStop to target more players in the NFT gaming space.

However, since integrating Ethereum, the GameStop NFT marketplace has only offered digital artwork and collectibles. Considering GameStop’s aim to establish a strong foothold in the NFT gaming world, many in the Web 3.0 community questioned its methods.

Ultimately, GameStop is now able to host a series of Web 3.0 games following the integration of Immutable X.

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Here’s what GameStop’s Immutable X integration offers:

  • GameStop’s NFT Marketplace will officially host Web 3.0 games and NFT collectibles built on Immutable X starting November 1st. GameStop users including GameStop Powerup Pro loyalty members will have access to any game on the Immutable X network via the protocol’s global order book.
  • The Immutable X integration will unlock access to leading Web 3.0 games, including Gods Unchained, Guild of Guardians, the Illuvium lineup, and more.
  • Since Immutable X advocates eco-friendliness, the partnership will allow for 100 percent gas-free and carbon-neutral minting and trading on the NFT marketplace.

Robbie Ferguson, President and Co-Founder of Immutable X, shared his excitement about providing the GameStop community access to millions of additional NFTs. The president added that he’s looking forward to building the future of Web 3.0 gaming with GameStop.

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