GameStop, the major US video game retailer, has suddenly quietly launched a new website. There is not much on this website, but it can be concluded that GameStop is planning to launch a non-fungible token (NFT) platform.
“Power to the Players. Power to the creators. Power to the collectors. ”
According to the website. Furthermore, the site features the Ethereum (ETH) symbol, the most common blockchain network for NFTs. At the bottom of the website is the following text:
“We are building a team. We welcome exceptional programmers (Solidity, React, Python), designers, gamers, marketers and community leaders. If you would like to join our team, please send your profile or anything you have built to: firstname.lastname@example.org ”
On the website you can also find an Ethereum wallet address from GameStop. The linked smart contract contains a reference to an ERC-721 GME token. At the top of the website you will find a dot and when you click on it, a simple computer game loads. It is therefore expected that the new NFT platform will be related to gaming.
No official announcement of the project has yet been made and further details are still unknown.
At the beginning of this year, a huge hype arose regarding the shares of the company (GME). That caused the GME price to fly from under $ 20 to $ 350, but then the price crashed. Recently, the price has hovered between $ 140 and $ 170, but today we see GME rally again and the price breaks through $ 200 again.
At the beginning of February, this hype about GME also spilled over to Dogecoin and Tesla CEO Elon Musk began to participate in the hype. This eventually led to an unprecedented rally of the DOGE price, which rose by no less than 10,000% from the beginning of February to the beginning of May. What if this hype now spills over to ether? I wouldn’t assume that for the time being.