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    Home » GameStop is canceling its short-lived NFT market as it pulls back on cryptocurrencies
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    GameStop is canceling its short-lived NFT market as it pulls back on cryptocurrencies

    ZEMS BLOGBy ZEMS BLOGJanuary 13, 2024No Comments1 Min Read
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    Two months after shutting down its cryptocurrency wallet, GameStop says it will kill its NFT market as well. In an alert posted on the site, I spotted it for the first time The company has notified customers that the NFT marketplace will no longer be usable as of February 2. Echoing the statement it issued with the wallet termination, GameStop says the decision comes in response to “continued regulatory uncertainty in the cryptocurrency space.”

    GameStop's NFT market hasn't been around for very long. It was launched in July 2022 in partnership with Immutable Now, there are only a few weeks left in service. “Effective February 2, 2024, customers will no longer be able to buy, sell, or create NFTs,” the notice read. “Your NFTs exist on the blockchain and will remain accessible and sellable through other platforms.”

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