$103,680.00
-0.97%$2,480.53
-4.71%$2.15
-2.27%$643.79
-3.47%$148.42
-2.72%$0.999803
0.00%$0.176695
-6.56%$0.278076
2.09%$0.64665
-4.79%$2,479.82
-4.54%$103,587.00
-1.08%$34.64
-0.01%$2,983.43
-4.55%$3.08
-2.05%$13.22
-3.48%$8.88
-1.20%$0.262135
-1.28%$19.37
-3.85%$3.13
-2.74%$385.48
-3.40%$0.00001237
-3.10%$0.999799
0.00%$0.164826
-1.12%$2,480.98
-4.29%$84.35
-3.58%$2,647.09
-4.79%$325.20
-2.62%$1.00
0.03%$3.90
-2.80%$1.001
0.00%$4.63
0.00%$0.00001109
-4.74%$103,639.00
-0.91%$31.45
0.47%$0.612097
-4.94%$250.90
-4.21%$6.02
-3.85%$1.18
0.06%$367.57
-1.27%$50.31
0.34%$0.098543
-3.06%$1.00
0.00%$4.61
-3.49%$2.28
-6.95%$178.92
-2.45%$4.99
-2.67%$0.801896
-2.02%$1.054
0.04%$16.53
-4.17%$29.59
-5.50%$18.49
-1.26%$0.085234
1.55%$1.00
0.03%$0.638476
-2.74%$0.02329631
-1.95%$0.742956
-6.56%$9.67
-10.09%$3.71
-1.35%$4.42
-0.01%$103,462.00
-1.07%$4.13
-3.72%$0.207061
-2.97%$0.29446
-4.59%$1.053
-5.58%$113.12
-2.46%$2.40
-4.88%$0.33211
-5.57%$0.186566
-1.83%$0.074002
0.93%$0.994135
-0.39%$2,483.78
-4.18%$4.37
-1.28%$0.999631
-0.05%$11.13
-0.24%$1.00
0.14%$0.45959
-9.32%$2.04
-5.09%$155.72
-3.44%$1.23
-0.89%$0.372742
-4.60%$0.01752806
-0.68%$2,816.19
-4.84%$0.00001499
-4.44%$11.75
-2.81%$1.72
-1.23%$3.98
-1.78%$2,590.24
-5.10%$1.066
19.44%$0.688009
-7.46%$1.12
-5.42%$0.597699
-5.27%$1.001
0.13%$0.185679
-2.99%$0.999292
-0.02%$1.00
0.00%$0.059162
-1.46%$103,580.00
-1.07%$0.506076
-6.17%$0.584009
-4.16%$2,655.62
-4.21%$2,590.98
-5.16%$644.20
-3.33%$0.08945
-4.37%$103,302.00
-1.21%$0.84739
-2.25%$0.622727
-0.94%$2,608.86
-4.23%$3,358.58
-1.12%$0.00008424
3.21%$3,375.18
-1.04%$103,735.00
-0.34%$48.49
-4.30%$165.38
-2.26%$2.30
-6.66%$0.737482
-2.48%$192.62
-2.37%$0.0158051
-3.18%$0.771447
-8.20%$111.32
0.01%$0.01394746
-1.56%$1.00
0.01%$0.00000068
-2.48%$20.17
-5.76%$0.173289
-4.22%$4.07
-0.81%$0.489218
-2.72%$0.266417
-2.81%$0.112561
-1.14%$32.40
-2.30%$0.997398
0.01%$103,374.00
-1.12%$2.01
0.10%$0.105531
-2.75%$0.615156
-3.29%$2.13
0.29%$1.11
0.13%$1.80
-3.14%$0.00954011
-1.85%$1.11
1.22%$0.733289
4.18%$2.02
7.71%$0.550103
-3.83%$0.999937
0.03%$0.353867
-3.21%$2,482.65
-4.64%$9.79
0.06%$1.58
-2.59%$2,482.50
-4.44%$2.90
0.50%$0.197711
3.33%$2,593.10
-5.38%$2,653.41
-4.43%$0.268688
-1.92%$103,426.00
-1.15%$2,480.90
-4.29%$34.64
0.12%$0.01468053
-2.40%$0.99712
-0.15%$103,387.00
-1.01%$2,679.56
-4.33%$0.484802
-6.75%$0.065226
0.76%$0.04682602
-4.82%$0.050285
0.50%$0.176715
-6.10%$0.418867
-0.05%$49.74
14.27%$0.999804
0.00%$0.616461
-5.06%$1.44
1.62%$1.093
6.23%$0.128488
-3.41%$0.00428066
-9.44%$14.89
-4.08%$101,608.00
1.07%$0.497866
-7.21%$0.00002084
-3.06%$0.522065
-5.46%$1.089
-0.01%$5.79
-3.19%$0.379936
-3.87%$2,471.27
-5.18%$0.00000041
-0.97%$1.001
0.07%$0.996477
-0.15%$1.67
1.46%$36.82
-0.51%$6.06
-5.29%$1.003
0.25%$0.329792
-6.30%$0.00668962
-2.47%$0.00419103
-2.87%$0.383327
-4.23%$2.36
-4.58%$0.999945
-0.00%$1.16
3.26%$34.69
0.18%$0.073598
-3.07%$0.146794
3.29%$0.01898838
-0.85%$2,626.90
-4.53%$1.29
-6.06%$0.0374371
-3.76%$0.0043348
-5.38%$0.532133
-6.75%$0.13577
-3.21%$0.353071
3.19%$2,730.21
-4.53%$0.00395645
-3.02%$0.03360102
2.30%$1.22
-5.78%$103,587.00
0.39%$103,584.00
-0.93%$0.071031
-5.80%$0.78642
-1.26%$124.00
-3.71%$2,710.19
-4.18%$0.0061917
-4.77%$7.87
-4.58%$0.00000082
-6.41%$3.21
14.14%$0.00005801
-1.73%$0.999653
0.02%$19.23
-1.15%$1.001
0.05%$2,482.75
-4.22%$0.207187
-3.18%$0.125442
-1.87%$161.40
-2.76%$0.999955
-0.02%$19.36
-3.63%$2,471.70
-5.26%$1.52
22.60%$0.309946
-2.60%$0.643205
-3.87%$0.00000141
-1.60%$0.294626
-4.54%$0.473909
-0.81%$0.614669
-4.39%$2.31
-3.41%$0.19765
-6.25%$0.0039601
-2.43%$1.67
-0.66%$0.00303342
-3.37%$0.999951
0.02%$102,737.00
-2.03%$2,080.96
-0.92%$1.001
0.03%Reading
GameStop’s new Ethereum-based NFT marketplace has been live in beta for a little over 48 hours. It isn’t even offering gaming NFTs yet, which will be the marketplace’s planned core offering.
Even so, the video game retailer’s new platform has already seen nearly twice the all-time trading volume of Coinbase’s NFT marketplace, which has been open since May.
Since Monday’s launch, GameStop NFT has seen at least 3,167 ETH in trading volume, according to data published on the marketplace website. That figure, equalling almost $3.5 million, represents the trading volume for the marketplace’s top 50 collections, the only data publicly available, which means GameStop’s total trading volume marketplace-wide is likely higher.
Video game retailer GameStop’s long-awaited Ethereum NFT marketplace is finally live, the company announced today. GameStop had first teased plans for an NFT platform more than a year ago, in May 2021. Currently, the marketplace plays host to an array of artwork projects that run on the Ethereum mainnet as well as Loopring, a layer-2 scaling solution. GameStop previously announced a partnership to use the Immutable X layer-2 scaling network, but the marketplace notes that Immutable X support is...
In contrast, since its lackluster launch, Coinbase’s NFT marketplace has generated a total of 1,704 ETH in trading volume, or roughly $1.8 million, according to the latest data from Dune Analytics.
Of course, GameStop NFT’s early performance pales in comparison to that of leading NFT marketplaces like OpenSea, which did $16 million in trading volume on Wednesday alone.
But the fact that the video game retailer has so quickly eclipsed the all-time volume on a $12 billion Web3-native company like Coinbase in the NFT space is not insignificant.
Since launching the marketplace on Monday, GameStop stock (GME) has risen 10%, closing on Wednesday at $141.28. (The notorious meme stock is still down 26% over the past 12 months.)
Ben Mezrich, author of "Accidental Billionaires" (which became the movie "The Social Network") and "Bitcoin Billionaires (about the Winklevoss brothers) talks to Decrypt Daily podcast host Matthew Diemer about his new book "The Antisocial Network" on Reddit traders and the GameStop short squeeze. To listen to the Decrypt Daily, head to https://decrypt.co/modal/podcast.
NFTs are blockchain-based tokens that show ownership over digital or physical assets, and GameStop's NFTs are on the Ethereum blockchain. The company is taking a 2.25% commission on its NFT sales, so as Ars Technica notes, the actual revenue for GameStop thus far is small.
GameStop NFT currently offers only artwork NFTs, but intends to launch a suite of gaming NFTs, which can be used as interactive items within video games. In February, GameStop launched a $100 million token incentive fund with Ethereum layer-2 scaling solution Immutable X to support development of NFT-compatible video games and products. The marketplace website notes that gaming NFTs on Immutable X are “coming soon,” and currently teases 13 NFT-compatible games that will have products available on the platform for purchase.
Coinbase’s NFT marketplace, meanwhile, has struggled mightily to attract business, after garnering 150 active users on its first day. The platform has added a number of new features to the site since launch, but those have largely failed to attract a sizable customer base.
In the time since GameStop NFT launched on Monday, for example, Coinbase NFT has processed $31,000 in sales: that’s less than 1% of GameStop NFT’s business.
Three years after a peak NFT mania that drove monthly trading volume to billions of dollars and put the Bored Ape Yacht Club on The Tonight Show, the collectible tokens are once more gaining steam—and so is popular NFT marketplace OpenSea. NFT trading volume recently hit a three-month high, and after marketplace competitor Magic Eden concluded its own ME airdrop, speculation is heating up about a potential OpenSea token. The marketplace may or may not be teasing it, recently asking X (formerly...
The Philadelphia 76ers have launched "Spectrum Sprint," a free-to-play mobile game with Web3 elements, in collaboration with Crypto.com—a team sponsor since 2021. The NBA team’s game features a pixel art vibe, with side-scrolling gameplay that challenges players to navigate iconic Philadelphia landmarks and dash down Broad Street towards the team’s former Spectrum arena. Players can unlock digital collectibles and compete for exclusive prizes across four tiers: Rookie, Pro, All-Star, and Legend....
Nifty Island embraced a wide array of established communities in Web3 to help expand its Roblox-style metaverse game. Now it’s rewarding them. The project, which pioneered the now-popular “play-to-airdrop” campaign, just launched ISLAND, an Ethereum-based utility token that serves as the ecosystem token for its in-game economy. Below, learn everything you need to know about ISLAND now that it's live. What is ISLAND? ISLAND is the native token of the Nifty Island ecosystem, offering holders “i...
