GameStop Shuts Down NFT Marketplace Due to Regulatory Uncertainty
GameStop has announced the closure of its NFT marketplace on February 2, citing ongoing regulatory uncertainty in the crypto space. This comes after the company had already removed support for its NFT wallet in November. GameStop’s decision follows a trend of major companies losing interest in NFTs, with social media platform X recently ending its NFT profile picture feature. The closure of GameStop’s marketplace marks a significant setback for the gaming giant, which had initially launched the platform in July 2022 and achieved considerable success early on.
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