Overview

• GameStop has announced the closure of its NFT marketplace, effective February 2, 2024, citing the 'continuing regulatory uncertainty of the crypto space' as the reason.
• The closure comes just 18 months after the launch of the marketplace in 2022, and follows the shutdown of GameStop's crypto wallet four months ago.
• Despite the closure, NFTs purchased through GameStop's marketplace will remain on the blockchain and can be bought and sold on other platforms.
• The closure marks GameStop's complete exit from the crypto and blockchain space.
• The future of NFTs remains uncertain, with changing regulations and setbacks in the market.