Technology

GameStop’s new NFT project to be powered by ethereum

Video-game retailer GameStop, which made news when the price of its stock zoomed before crashing and taking some hedge funds down with it, is building a team for its new Non-Fungible Token (NFT) project.

Although the company didn’t make a big announcement, a new web portal for an NFT platform invited engineers, designers and marketers to join the team.

The video game retailer’s shares finished at $209.43, marking their first close above $200 since March 19.

GameStop had an extremely volatile journey at the start of 2021 when its shares soared astronomically before crashing after Reddit’s WallStreetBets forum fuelled its meteoric rise.

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