Seeking Alpha
2022-02-19 00:56:18

GameStop Is To NFTs And Crypto As Zynga Was To Social And Mobile

For Zynga, association with the mobile/social trend wasn't productive because their model did not address its main value, which is high quality, rich social interactions.Digital Worlds and Immutable X committed to issuing developer grants of $100 million in token value over the next 24 months, a content boon for GameStop.The bias toward in-game NFT trading may be somewhat problematic for GameStop as it will tend to make its own digital asset marketplace peripheral to the gaming ecosystem, especially over time.A concern about GameStop's new operating principles, while admittedly focused on technology, is that they are geared to the delivery of physical goods.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.