GameStop’s reported NFT plan is ‘dead on arrival’: Analyst

GameStop’s (GME) reported plan to launch an NFT marketplace is “dead on arrival”, says one analyst.

 “NFT’s are a real thing…the problem is GameStop,” Wedbush’s Michael Pachter told Yahoo Finance Live. 

A Wall Street Journal report says the company hired more than 20 people to run the unit which will launch an NFT marketplace, a plan which the video game retailer has hinted at in the past. The report also states GameStop is working on creating partnerships with two crypto companies.

“NFT’s…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *