The world’s largest gaming retailer and trade-in destination, GameStop, which in recent years has fallen on hard times and cannot boast of good profits after months of teasing, finally opened the beta of its NFT marketplace on July 12. Many doubted it was a good idea amid the collapse of the crypto market and the withering interest in NFTs.
But it turns out the company earned $45K in commissions on the first day only (it takes a 2.25% fee). This is a lot. And this is only the beginning. The project can still either become even bigger or disappear forever. Sales on the platform are estimated at $1.98M, according to Ars Technica. It makes GameStop’s marketplace the fourth largest in the world right now in 24 hours. According to DappRadar data, OpenSea tops the list of the most popular marketplaces for the last 24 hours with a total volume of $13.48M, next follows CryptoPunks ($4.3M), and Magic Eden ($2.16M).
The best-seller among 266 collections on GameStop is GIF NFTs of the MetaBoy collection. It accounted for 25% of GameStop’s NFT trading volume. MetaBoy is a 10K algorithmically generated animated pictures. The most expensive ones cost up to 2,000,000 ETH (about $2,153,298,552).
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Ordinary Adam’s parody NFT cards consist of regular cards (150 editions), rare edition (5 editions), and special edition — only one card 026: Ordinary Adam. This is the most expensive NFT in the collection, costing 741.42 ETH ($797,390). The total number of NFTs for sale now is 71.
The NFT collection features 5K images of the “badass women” created by graphic designer and illustrator under the alias Atómika (Monterrey, Mexico). She donates 20% of all revenue towards a non-profit helping end abuse against women, NFT holders will have early access to future projects. The most expensive unique NFT, Bombatomic 3831, costs 1,000 ETH (about $1,074,662)
Users met the launch of the NFT marketplace by Reddit’s favorite company with a mixed reception. Some users see no point in another NFT marketplace and the NFT as a whole because of the drop in the market. Others are confident that the bottom has reached and that things will soon improve.
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