Key points to remember
- GameStop has posted eight new job postings related to its upcoming NFT platform projects.
- Although GameStop announced its NFT plans earlier this spring, these job postings provide more detail than before.
- The various job postings require experience with Web3 integration, Layer 2 scalability, and NFT markets.
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Retail game store GameStop posted eight new job postings related to the development of NFT, as seen on its Careers page.
GameStop publishes eight announcements
GameStop posted similar job postings and even launched an NFT-related website earlier this year. However, this week’s posts reveal much more detail than before.
The company aims to hire eight members for three different positions. All posts are remote but are based in four cities.
The job posting for a Senior Software Engineer requires applicants to have “NFT Market Experience,” which suggests that GameStop is considering creating a full-fledged NFT Marketplace. In contrast, many companies such as Twitter and TIME Magazine have simply launched NFTs in a third-party market like Rarible or Sorare.
The same publication asks applicants for “knowledge of crypto products, Ethereum and Ethereum Layer 2”. This implies that the company could take advantage of Immutable X or another Layer 2 protocol for faster negotiation times and lower transaction fees.
Why NFTs Have Potential In The Game
NFTs, or non-fungible tokens, are considered to have potential because many online games already use transactions. For example, collectibles in the game could be symbolized as NFT. This approach would protect against counterfeit items while giving players genuine ownership over the items they have purchased.
A GameStop post mentions “Web3 Gaming,” a term used to describe such crypto economies. “Future creators will not only build games, but also components, characters and equipment… Blockchains will fuel the commerce below,” notes GameStop.
Despite this potential, some game companies such as Steam have introduced a ban on NFTs. The move prompted competitor Epic Games to declare that it was open to supporting games with NFT. Other game brands like Ubisoft and Atari – and now GameStop – are also exploring the potential of NFTs.
GameStop gained popularity among crypto investors earlier this year as it gained “meme share” status, an asset that is rising in price due to hype rather than company performance.
Disclaimer: At the time of writing, this author held less than $ 100 worth of Bitcoin, Ethereum, and altcoins.
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