GameStop's Newest Job Posts Hint at Blockchain z3j1b Powered Plans Beyond NFT Marketplace

GameStop shared eight new job listings for three different roles within its NFT division. 175b51

By Shomik Sen Bhattacharjee | Updated: 28 October 2021 12:39 IST

GameStop's Newest Job Posts Hint at Blockchain-Powered Plans Beyond NFT Marketplace

Photo Credit: Reuters 3v6d2p

GameStop may soon launch its own NFT marketplace

Highlights

GameStop is looking to build an Ethereum-based Web3 arm
The job listing reveals plans for a future GameStop metaverse
GameStop teased its NFT marketplace back in May

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GameStop, the popular video games retailer and trade-in outlet, is serious about its entry into the crypto-verse and has posted eight job listings in the past week which hint at a major blockchain and non-fungible token (NFT) expansion. GameStop's vision for its future was also mentioned in one of the listings where the company notes, "games are places you'll go” and “blockchains will power the commerce beneath." The jobs posted mention "Web3 gaming" for which it seeks two head product owners. Two separate listings reference its NFT marketplace, for which the company seeks three senior software engineers and three directors of product marketing.

The Mark Zuckerberg spoke about, the other two listing focus on its NFT marketplace expansion.

"Deeply understand what our gaming partners are trying to achieve and how GameStop is indeed planning to launch its own marketplace for NFT instead of launching NFTs on a third-party marketplace.

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As the jobs showed up on GameStop's website, Redditors went giddy with excitement. A post that had a screenshot of the job ment garnered over 10,000 reactions as many s advocated the move.

The development also comes at a time when the gaming industry isn't quite sure of how to integrate its existing products with crypto payments and NFTs. While it may seem a likely pairing — gaming and virtual worlds with virtual currency — major gaming platforms aren't all on board.

Epic Games made a reactionary statement that it is "open to games that cryptocurrency or blockchain-based assets."

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On the other end of the spectrum, Axie Infinity have surged in popularity and in-game NFT trading has increased exponentially in popularity. So much so that there's a new community of gamers that look at blockchain gaming as a source of ive income.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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