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GameStop sets its eyes on NFTs

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  • GameStop is looking for an experienced analyst who has a good understanding and skills in Blockchain, cryptocurrency, or non-fungible tokens (NFT)
  • Game Stop headquarters is at Grapevine, Texas

The game retailer GameStop is looking forward to entering the crypto world, and for that, the company has posted an advertisement for a job requiring an experienced Security Analyst. The company is all set to foray into NFTs and Crypto. 

GameStop, one of the videogame retailers, is likely to step forward and enter the cryptocurrency world and non-fungible tokens. According to the news, the retailer posted an advertisement on its website stating that they are looking for a security analyst responsible for monitoring and maintaining data and platform confidentiality in an enterprise environment. 

GameStop is looking for an experienced analyst with a good understanding and skills in Blockchain, cryptocurrency or non-fungible tokens (NFT). Machine learning, artificial intelligence, eCommerce, Cloud platforms, eSports, malware analysis, and threat intelligence are some of the other advertisement skills. 

Game Stop might add NFTs to its portfolio

The headquarters of GameStop is at Grapevine, Texas, where the job is placed. Hence, the company’s advertisement recently shows the Game Stop of hiring a security analyst with experience in Blockchain, cryptocurrency, and NFTs implies that the company is looking to mint NFTs planning to add a token to its platform. 

NFTs are regarded as the future of gaming technology, and it seems that the Blockchain-based tokenization of art pieces will soon be going to rule the online gaming industry. Many game developers have started investing in NFTs business earlier. They were deploying code to the Ethereum blockchain to create their games, like Cryptokitties. In recent times, the trend has picked up with a tokenized version of Beeple art selling for $69million. 

Jack Dorsey, head of Twitter Inc. and Square Inc., Tesla Inc., Elon Musk’s partner- the Canadian artist Grimes, Lindsay Lohan, Snoop Dog are the prominent names who have joined the likes of NFTs. The Reddit Retail investors also showed keen interest in Game Stop. Reddit carried out a short squeeze in the stock. 

The ongoing investors’ interest in GameStop has surged the prices of the company’s shares amid expectations that it will adopt the digital business model led by Ryan Cohen, Chewy Inc., co-founder and major shareholder. The company’s shares have closed to $158.36 in Friday’s trading session. 

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