GameStop NFT marketplace is live

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🛍️ GameStop NFT marketplace is live👯‍♀️ Sandbox partnering up with Playboy🪙 "Mt. Gox release" fears

GameStop NFT marketplace is live

After launching its own Ethereum wallet back in may, GameStop has now released a beta version of an NFT marketplace.

Back in February GameStop mentioned that it had plans to create its own NFT marketplace, and to achieve that GameStop was to partner up with Immutable X. This is all part of GameStop’s larger move into the world of blockchain and digital collectibles. It’s worth noting that GameStop isn’t the first big company to move into the world of NFTs — not by a long shot. In February, NBA Top Shot launched an online marketplace where people could buy, sell, and trade digital collectibles featuring moments from actual NBA games.

The platform quickly became a hit, with some collectibles selling for tens of thousands of dollars. So it’s safe to say that the world of NFTs is booming right now. And considering GameStop’s recent history, it’s not really all that surprising to see the company trying to get in on the action.

Sandbox partnering up with Playboy

The famous adult entertainment brand Playboy is set to add to its Web3 offerings by launching a MetaMansion.

This digital space will play host to all sorts of gaming, social and programmed events. Plus, there will be future NFT collectible releases from the company too. This news comes hot on the heels of Playboy's recent partnership with Sandbox. This team-up will see the two brands working closely together to create even more immersive and exciting experiences for their fans.

So, what does this mean for the average Playboy reader? Well, it looks like we can expect even more play from the iconic brand in the digital world. Who knows, maybe we'll even see an Easter Egg hunt in the MetaMansion at some point? Only time will tell what else Playboy has in store for us.

"Mt. Gox release" fears

As much as 137,000 BTC, worth roughly $3 billion, are soon to be released into the market. Mt. Gox, a bitcoin exchange that got hacked for 850,000 BTC in 2011 in the notorious "Mt. Gox hack" is about to return some of the investors' hard-earned money.

There's a lot of speculation that the release of $3 billion worth of bitcoin from Mt Gox could cause the market to bottom out in August. While it's impossible to say for sure, many bitcoin investors are worried that this could be one of the feared "black swan" (unexpected and dreadful) events. Of course, there's also a chance that the release of this bitcoin could actually help the market by providing more liquidity.

August draws closer, but in the meantime, bitcoin investors are keeping a close eye on the situation

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