NFT

GameStop's NFT marketplace beta version has been launched; LINE is expected to launch an NFT trading platform in April.

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GameStop

U.S. veteran game retailer GameStop announced during its financial conference in March this year that it will launch an NFT platform by the end of the second quarter of 2022. This week, the beta version of the platform has already gone live. In addition, communication software giant LINE also announced on the 23rd that it will launch an NFT trading market "LINE NFT" on April 13, with hundreds of NFT series expected to be available for sale in the market.

GameStop NFT Market Test Version Launched

GameStop CEO Matt Furlong stated during this month's earnings call that GameStop has invested in a dedicated blockchain team to drive the development of its NFT market plans. It appears that this team is none other than the Ethereum Layer2 scaling solution provider, Loopring. This marks the second Layer2 scaling solution partnership for GameStop after announcing a collaboration with Immutable X in early February.

The GameStop NFT market test version has been launched, built on Loopring Layer2. Users can transfer funds and set up personal information after connecting their Ethereum wallets, although NFT trading functionality is not yet available.

Following this announcement, Immutable X also welcomed Loopring on Twitter, stating that the news was not unexpected but emphasizing that they are GameStop's preferred partner.

"LINE NFT" to Launch in April

Japanese communication giant LINE announced yesterday that it will launch the NFT trading market "LINE NFT" on April 13. Through collaborations with 17 companies including the well-known Japanese entertainment agency Yoshimoto Kogyo, LINE plans to issue over 100 types of NFTs.

NFTs purchased on LINE NFT will be stored in the "LINE BITMAX Wallet" and can be exchanged with any friends registered on LINE. In the future, LINE's personal pages will provide more NFT-related settings, and NFTs may be offered as purchase benefits or event giveaways.

Note: LINE NFT is only available for Japanese users. The LINE NFT market for global users is called "DOSI" and is expected to be launched in 180 countries or regions worldwide this year. Companies and creators can establish brand stores and global communities on DOSI.