When gamestop said it will begin selling non-fungible tokens, its stock rose by more than 20 percent. as of 10:45 a.m. on friday in new york, the stock was trading at $138.50, an increase of approximately 6%. this announcement was also made by amc entertainment holdings inc. about its own coin in november of last year. gamestop is in discussions with crypto and blockchain operators to determine which tokens will be accepted on gamestop’s marketplace.
the corporation generates 2.5 percent of its revenue from each transaction. the largest nft market, opensea, was valued this week at $13.3 billion. in the current market, gamestop has a sizable customer base.
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