Get ready for GameStop to shake up the NFT gaming world once again with its latest partnership. This time, they've joined forces with the Telos Foundation to bring gaming to the Telos blockchain through their innovative GameStop Playr game launcher. Let's dive into this Web3 extravaganza!
According to AJ Dinger, head of business development at the Telos Foundation, this collaboration is expected to attract a wave of new users into the Web3 space. By combining GameStop Playr with Web3 games powered by Telos' high-performance blockchain infrastructure, they aim to break down the barriers that have been holding back Web2 players from embracing the wonders of Web3. It's time to bridge the gap, folks!
Telos, with its claims of being a decentralized blockchain boasting scalability, affordability, a low carbon footprint, and an impressive track record of continuous uptime, seems like the perfect partner for GameStop's NFT gaming ambitions. And it looks like the market agrees, as Telos' native token, TLOS, experienced a delightful 10% spike in value after the announcement, reaching its monthly high of $0.2538. Cha-ching!
But hold on, GameStop isn't new to the NFT game. They launched their very own gaming-focused NFT marketplace and crypto wallet just last year. And if that wasn't enough, they even announced a jaw-dropping $100 million IMX grant program to encourage builders and creators to shape the future of NFTs and Web3 gaming. Talk about putting their money where their mouth is!
This exciting collaboration isn't just about connecting the traditional gaming community with the Web3 audience; it's also about inspiring the conventional gaming studios, publishers, and distributors to hop on the Web3 bandwagon.