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GameStop NFT Marketplace Already Beating Coinbase In Sales Volume

Article from: NFT Evening

GameStop launched its much-awaited NFT marketplace on Monday, July 11. The platform will allow gamers, creators, and collectors to purchase, sell, and trade NFTs. The marketplace is non-custodial and built on the Ethereum Layer 2 chain. In essence, the platform allows users to completely own their digital assets stored on the blockchain. 

According to on-chain analyst NFTherder, GameStop’s sales volume is already at $1,887,360 (at the time of writing). As their market fee is 2.25%, the company has earned nearly $42,000 in transaction fees. While this isn’t a huge amount for a game retailing giant like GameStop, it sure is noteworthy given the current crypto market crash. 

Unfortunately, while Coinbase too launched its NFT marketplace in May this year, it gained merely 150 users on its first public day. In addition, there were only 150 transactions, amounting to about $75,000 worth of ETH at the time. 

The post GameStop NFT Marketplace Already Beating Coinbase In Sales Volume appeared first on NFT Evening.

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Article from: NFT Evening

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