• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Partnering with the established Immutable X, GameStop targets the NFT marketplace with Loopring

191
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

On the afternoon of March 23, the layer-two platform for Ethereum, Loopring (LRC), announced the launch of the GameStop NFT marketplace beta.

Partnering with the established Immutable X, GameStop targets the NFT marketplace with Loopring

Loopring (LRC), a layer-two (layer-two) scaling option on Ethereum, says the GameStop NFT Marketplace platform has now been launched and is open to customers for beta testing.

Related articles

Solana up 7% despite market decline: What's next for SOL?

Solana up seven% regardless of industry decline: What&#39s up coming for SOL?

March 16, 2024
Trends and forecasts

XRP: Market evaluation, trends and perspectives for traders

December 17, 2023

GameStop is the chain of merchants marketing game discs that manufactured the economic planet feverish when the company’s stock was speculated by the retail investing local community in early 2021, main to a skyrocketing improve in worth. After remaining “revived” by the rise in the share selling price, GameStop has given that manufactured lots of moves to revive the firm and started to expose the cryptocurrency and NFT area when it announced its intention to open the marketplace. NFT trading in December 2021.

The potential of #NFT I’m right here + powered by #Ethereumthe 2nd layer💙

Ring ring L2 x @GameStop

Power to the gamers.
Power to the creators
Power to collectors.# L222🌀https://t.co/0gdvKLivfp

– Loopring💙🏴‍☠️ (@loopringorg) March 23, 2022

As a Tier two option, Loopring can get benefit of the minimal transaction charges and higher processing pace to fix the dilemma that well-known NFT exchanges encounter due to working immediately on the Ethereum blockchain. For comparison, an ETH sending or token exchange transaction on Loopring prices only $ .04 to $ .74, though this figure on Ethereum ranges from $ one.25 to $ six.23.

Compare transaction charges on Ethereum with degree two answers. Source: L2Fees.information

To participate in the beta check, customers only want to connect their wallet to GameStop NFT Marketplace and execute NFT minting operations. The official model of this NFT marketplace will be launched by Loopring suitable immediately after the beta check ends.

Immediately immediately after the over info was launched, Loopring’s LRC token selling price enhanced virtually 45% to $ one.2299.

1H chart of the LRC / USDT pair on Binance Exchange at five:fifty five pm on 03/23/2022

However, the unusual factor is that in February 2022 it was GameStop who announced that they would be joining an additional NFT layer-two task, Immutable X, to create the NFT marketplace. The two even designed a $ a hundred million investment fund in blockchain and metaverse video games. However, as quickly as the cooperation amongst Immutable X and GameStop was announced, GameStop offered the IMX tokens it obtained to produce game money, creating the selling price of IMX to plummet.

At the time of creating Coinlive, neither GameStop nor Immutable X have launched an official statement on the Loopring-primarily based GameStop NFT Marketplace platform.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: establishedGamestopImmutableLoopringmarketNFTPartneringtargets
Share76Tweet48

Related Posts

ECB Cuts Interest Rates; Bitcoin Prices Surge

by shark
June 6, 2025
0

The European Central Bank's decision to reduce interest rates to 2% on June 5, 2025, positively impacts cryptocurrency markets, causing...

UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy

by shark
June 6, 2025
0

Bluebird Mining Ventures shifts from gold revenue to Bitcoin treasury, impacting market dynamics.

Trump Advisor Meets El Salvador President Over Bitcoin Strategy

by shark
June 6, 2025
0

Trump's advisor Bo Hines meets El Salvador's Nayib Bukele to discuss Bitcoin policy impacts.

Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift

by shark
June 6, 2025
0

Bitcoin experiences calm trading in 2025, analysts foresee pivotal crypto changes ahead.

California Assembly Advances Bill on Dormant Crypto Assets

by shark
June 5, 2025
0

California's State Assembly approves AB-1052, designating long-inactive crypto assets as unclaimed property.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Qubetics Gains Traction as HYPE and Tron Respond to Market Shifts: The Next Best Crypto to Buy in 2025
  • ECB Cuts Interest Rates; Bitcoin Prices Surge
  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy
  • Trump Advisor Meets El Salvador President Over Bitcoin Strategy
  • Qubetics, Solana, Stellar: Massive Updates and $900M Moves Set Stage for Next Bull Run Crypto
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7