GameStop NFT raises the stakes with New Ex-Robinhood Hire
Bhargav is now the VP of engineering at GameStop NFT as of this month. Given Bhargav's position in Robinhood's enormous blockchain push, the hire is significant.
GameStop's NFT marketplace won't slow down anytime soon. Instead, the website is merely at the start of a more aggressive push into the emerging world of Web 3.0. Alongside tech giants like Alphabet and Meta, it is a trailblazer in this industry. With news that GameStop is hiring a Robinhood employee, this is proving to be extremely accurate right now.
This Robinhood employee, however, is not just any employee. GameStop has hired Sriram Bhargav, who is in charge of the e-trading platform's Web 3.0 and blockchain projects.
He oversaw the company's blockchain infrastructure development as a project lead. Furthermore, the highly anticipated Web 3.0 wallet scheduled for delivery this year carries Bhargav's name.
It's excellent for GameStop that Bhargav will play such a significant role given its commitment to further blockchain innovation. One might infer that Ryan Cohen still has plenty of surprises up his sleeve.
GameStop is Growing at an Exponential Rate
The debut of GameStop's new non-fungible token (NFT) marketplace marks the beginning of the company's turnaround strategy. The company has changed from being a traditional video game store to a leading force in the Web 3.0 and blockchain sectors. This is not a surprise discovery since people have stopped shopping at conventional stores, and the blockchain industry has grown to the point where hundreds of companies are seeking market share.
Early in February, the company made a formal announcement about its partnership with Immutable X (IMX-USD) in its pursuit of Web 3.0 technology. It announced the planned launch of the NFT marketplace in March. The product's public rollout started earlier this month.