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Gods Unchained has NFT trading cards option thanks to GameStop

As the existing retailer expands its presence into the blockchain internet, GameStop is introducing NFT trading vouchers for the computer game Gods Unchained as a bonus for its fealty program representatives.

As the troubled retailer performs to convert its business, this is GameStop’s newest endeavor with virtual currency and NFTs, which have been unique digital items. The brand opened an NFT platform last July. It revealed a strategic alliance with digital currency trading FTX last September.

According to a press statement, the system is now available for community beta verification. It enables users to link their technology platform digital wallet, such as the newly introduced GameStop Wallet. They shall then be allowed to buy, purchase, and exchange virtual items NFTs. According to GameStop, the platform will expand to include other functionalities like Web3 video games.

The virtual metamorphosis of GameStop would be crucial to the transition plan led by the latest leader Matt Furlong but also board member Ryan Cohen, founding member of Chewy and ex-activist shareholder in Bed Bath & Beyond. Cohen had already been a model for several meme equity investors, who have driven GameStop stocks from a couple of dollars to over $80 through last year.

GameStop’s losses continue to grow, but Furlong has already backpedaled on the hinge, making more investments in virtual ventures.

Total sales for the second fiscal quarter that finished July 30 fell to $1.14B from $1.18B the previous year. Its damages increased to $108.7N, or 36C per stock, from $61.6M, or 21C, the previous year.

Because so few analysts cover GameStop, its outcomes couldn’t be compared to forecasts. It didn’t offer a financial situation and has not completed so since the outbreak began.

Why Gods Unchained?

Gods Unchained is just a blockchain-based digital collectible card video game that enables gamers to possess, exchange, and purchase in-game holdings. Chris Clay, who earlier guided the game called Magic: The Gathering, formed the game. Based on the video game’s web page, in-game buying totaled $74B 2 years ago.

The Gods Unchained partnering complements GameStop’s other digital currencies and NFT endeavors. Gamers can use the NFT collectible cards to buy the video game’s exchange rate, $GODS, just on FTX’s system, extra collectibles on GameStop’s NFT online market, and keep the funds in their GameStop digital wallet.

Representatives of GameStop’s “PowerUp Rewards Pro” rewards program charge $14.99 annually for benefits like monthly gift vouchers, cash back benefits, and exclusive emits. As of September 27, current participants will receive a code from recovering NFT collectibles upon this date.

Ali Raza

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