GameStop, the world's largest video game store, has announced that their marketplace now supports NFTs generated via Ethereum's layer-2 scaling network, ImmutableX, allowing users to buy and sell assets from Web3 games.
Immutable X introduced a new token staking program which offers rewards to those who trade on their marketplace and also holds IMX tokens on Immutable X. This is to note that the window for this first staking period closes on July 8th.
In case you didn't get the memo, Immutable just launched its first $500 million Developer and Venture fund to boost Web3 gaming. So builders out there, what are you waiting for? We're counting on you for the next GameFi summer. Read on to find out more!
NFT games leverage the power of blockchain technology to provide players with ownership and a decentralized environment. While the industry is still in its growing stages, NFT games alone generated $2.32 billion in revenue in the second quarter of 2022.