Loopring Joins Up To Launch GameStop’s NFT Marketplace
Gamestrong just confirmed its integration with loopring which is an ethereuml layer protocol designed for centralizing cryptocurrency exchange into the NFT marketplace.
The future of #NFTs are here + they're powered by #Ethereum's second layer💙
Loopring L2 x @GameStop
Power to the players.
Power to the creators
Power to the collectors.#L222🌀https://t.co/0gdvKLivfp— Loopring💙 (@loopringorg) March 23, 2022
Loopring's growth head Adam browman announced about it going live. He further explained that the users can mint NFT directly now on loopring L2 for the inflating gas price that results from minting on layer 1 which is almost less than $1 million. It will receive the most strengthful digital property rights. The beta users are now able to access massive speed improvements and lower costs.
Gamestrong recently partnered with IMX and announced $100M grants for the game developers. Gamestop mentioned in a Security and Exchange commission report about NFT integration for minting and trade that the loopring would follow. It recently closed on $200 million which brought the company $250 million value. Reports about NFT reaching Microsoft are yet to be confirmed when it first announced a multi-year strategy in October. NFT tends to impact the price of game shares that were 15 percent today. Moreover, LRC also gained a trading volume upto 32% at time of writing.
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