GameStop axes its short-lived NFT marketplace as it retreats from crypto

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Two months after shutting down its crypto wallet, GameStop says it’s killing its NFT market, too. In an alert posted on the web site, first noticed by , the corporate has notified clients that the NFT market will now not be usable as of February 2. Echoing the assertion it issued with the termination of the pockets, GameStop says the choice is available in response to “the persevering with regulatory uncertainty of the crypto house.”

GameStop’s NFT market wasn’t round very lengthy. It launched in July 2022 in a partnership with Immutable X and Loopring following rumors of the undertaking originally of that 12 months. Now, it solely has just a few weeks left in operation. “Efficient as of February 2, 2024, clients will now not be capable of purchase, promote or create NFTs,” the discover states. “Your NFTs are on the blockchain and can stay accessible and saleable by different platforms.”

This text initially appeared on Engadget at https://www.engadget.com/gamestop-axes-its-short-lived-nft-marketplace-as-it-retreats-from-crypto-215911813.html?src=rss

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