The release tracks alongside anticipated deadlines, as the company forecasted earlier this year that the anticipated marketplace release date would be “by the end of the second quarter of the fiscal year 2022.”
As we enter the back half of the year, GameStop is delivering at the least it’s initial marketplace product – so let’s take a look at what has gone live, how we got here, and what we can expect moving forward.
Speculation began late last year that GameStop, once a go-to for video games and consoles, then a meme investment, had turned into it’s third form – an NFT marketplace. A true trifecta. Speculation turned to confirmation by late in 2021, and as the new year turned, the company began it’s staffing shift – hiring on new team members that carried a focus in “blockchain gaming, ecommerce and technology, product refurbishment and operations.”
Following the announce of the new NFT marketplace, details and partnerships continued to emerge onto the scene – including a deal with Immutable X that will see Immutable X Layer-2 NFT integration later this year (the platform currently supports Loopring L2). Despite reports of employee backlash in early stages, GameStop seems to have persevered past the early stages (in a bear market at that) and has officially hit launch day.