THELOGICALINDIAN - Video amateur banker GameStop could be planning a cryptocurrency or NFT activity based on a contempo job announcement
NASDAQ-listed retail business GameStop is attractive for a aegis analyst with acquaintance in cryptocurrency, blockchain, and NFT.
GameStop Joins Crypto Bandwagon
The added abilities and acquaintance area of GameStop’s contempo job posting for a aegis analyst states that ideal candidates will accept acquaintance with “blockchain, cryptocurrency, and non-fungible tokens.”
The abstraction has opened at GameStop’s address in Grapevine, Texas.
The U.S.-based authorization for retail gaming and trade-in fabricated the advanced folio of banking account common afterwards a amusing media-powered affairs led to a historic short-squeeze, pumping GME banal by 23x in beneath than a week.
Crypto markets accept acquainted the ripple aftereffect of the GameStop squeeze anytime since, with the Wall Street Bets association abaft the clasp activity on to pump Dogecoin prices.
GameStop’s cast has acceptable benefited from actuality associated with a grassroots movement to action above institutions with aggregate retail trading power, and the contempo job announcement may be accompanying to that.
Blockchain Adoption Continues
The job requirements advance that GameStop may be about to accompany the NFT trend by ablution gaming collectibles on its platform, or that the aggregation is planning sales via built-in or accessible cryptocurrencies. NFTs accept a above use case in the video bold industry in tokenizing in-game assets.
While GME was disturbing afore the Reddit-led movement pumped its price, the banal continues to adore college valuations—10x of its abutment of $14 back 2024.
Integrating avant-garde aegis models through blockchain or cryptocurrency could added account GameStop’s basal line. NFT sales or partnerships with NFT-based amateur could additionally enhance concise banknote breeze at the firm.
