Will GameStop's New NFT Marketplace Turn Into a Winner After All?
The new non-fungible token (NFT) marketplace from GameStop (NYSE: GME) is off to a quick start a mere one week after its launch. Although the numbers won't turn its primary business around or catapult the video game retailer to the top ranks of the NFT world, it's had a surprising bit of success amid a collapse of the cryptocurrency and NFT markets.
However, early wins don't make it a long-term viable platform, and GameStop still needs to figure out how it's going to survive in a gaming world that's increasingly digital and online.
Image source: Getty Images.
Source Fool.com
