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GameStop is getting into NFTs and cryptocurrency

The video game retailer is no stranger to cashing in on internet culture.

GameStop is launching a division that will focus on non-fungible tokens (NFTs) and cryptocurrency partnerships, according to a Jan. 6 Wall Street Journal report. The US-based video game retailer reportedly already hired 20 people to work in the new division, which intends to create an NFT marketplace for GameStop, and there’s a website up where creators can request to take part in GameStop’s NFT marketplace.

The video game retailer already felt the impact that internet culture can have on business.

Last January, GameStop saw its stock fly in price after stock traders on Reddit began buying the stock. Shares started 2021 at $18 and then peaked at $483 weeks later. The outrageous volatility led to multiple Congressional hearings and investigations by federal agencies. GameStop stock closed at $131 on Thursday but has since continued to surge in after-hours trading to $172.

An NFT is a blockchain-based technology used to determine ownership of digital assets. Video game companies have started looking into integrating NFTs into games. Ubisoft was the first major game developer to do so in December 2021. However, gamers are wary of new methods of monetizing the games they play, and there are environmental concerns surrounding the technology.

Online video game retailer Steam recently banned video games that use NFTs and cryptocurrency from their platform. GameStop is the first major video game retailer to publicly enter the NFT and cryptocurrency space.

GameStop didn’t immediately respond to a request for comment.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success! 

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Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 WalletCoinbase Web3 WalletOKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

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Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

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