NFTs have been one of the hottest investments over the past couple of years, and they are about to get hotter as beloved retailer GameStop (NYSE:GME) jumps into the mix. The popular video game seller won the hearts of retail traders around the world last year when the social media coordinated short squeeze sent a stark message to Wall Street hedge funds.
Now, GameStop has turned its eye to digital transformation via the announcement of a non-custodial NFT and crypto wallet. The wallet is built upon the Ethereum layer-2 protocol Loopring, and will be integrated with the company’s upcoming NFT Marketplace that it has built with Immutable X.
While the NFT and crypto industries find themselves at a time of weakness, there are plenty of other NFT stocks to add to your watchlist. Companies like Coinbase (NASDAQ:COIN) and Clickstream Corp (OTC:CLIS) have established NFT marketplaces of their own to compete with the still private industry leader, OpenSea.
Clickstream in particular is taking major strides in the industry after hosting a successful beta launch of its Nifter NFT music marketplace for independent artists. The site has already signed agreements with major intellectual property holders like Jay Z’s Roc Nation and the Estate of Stan Lee. Clickstream has a wide range of mobile apps including the wildly popular language learning social media platform, Heypal.
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$CLIS – Clickstream Technologies