GameStop to launch Ethereum-backed NFT platform; seeks engineers, gamers

GameStop plans to launch an Ethereum-based NFT platform. 
The electronics retailer seeks engineers, designers, gamers, marketers, and community leaders to join the team. 

Electronics retail company GameStop is making its way into the non-fungible token (NFT) space as it plans to launch an NFT platform. To that effect, the company is building a team to launch the NFT platform based on Ethereum. Already, the video game retailer has launched a new website under the domain name- nft.gamestop.com. The website, which was unveiled on the 25th of May, features the phrase, “Power to the players. Power to the creators. Power to the collectors.”

On the website, GameStop noted: 

We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders.

The company added that anyone interested in joining the team could send their profile or what they have built to an email address provided on the website. 

On the page, there is an Ethereum cryptocurrency wallet address with no further details.

GameStop hints on NFT

Before GameStop launched its Ethereum-based NFT platform, the company had hinted at its interest in the blockchain sector. The company posted an advert for the position of Security Analyst. GameStop said it seeks a Security Analyst with skills in blockchain technology, cryptocurrency, and NFTs. GameStop revealed the search for the Security Analyst on the careers section on its website on the 8th of May. 

According to the job description, the Security Analyst will be in charge of “monitoring and maintaining data and platform confidentiality, integrity and availability in an enterprise environment.” Also, anyone who fills the position will be in continuous contact with the manager for guidance and feedback. 

Some of the roles and responsibilities of the Security Analyst will include responding to security incidents. Also, the executive will work with other team members and participate in IT service management processes. 

GameStop noted over five years of experience as one of the required skills for the position. The company also asked that the person should be available to work after hours and during weekends when necessary. 

Also, the job advert showed that the Security Analyst would be operating at GameStop headquarters in Grapevine, Texas. At the time of writing, the application for the job is still open. 

GameStop hunts for new CEO

In addition, GameStop revealed that it is on the hunt for a new CEO. The company announced details of the CEO hunt in a filing with the US Securities and Exchange Commission (SEC). According to the SEC filing, GameStop has entered into a “Transition and Separation Agreement” with its current CEO, George Sherman. 

Specifically, GameStop noted that it is on the move to appoint a new CEO who will help accelerate its next phase of transformation. Although reports revealed that GameStop was debuting into the e-commerce market, NFT seems to be the next phase of the earlier mentioned transformation. 

GameStop became more popular earlier this year amid a short squeeze fueled by Reddit traders. The company was at the center of the trading frenzy triggered by Reddit forum WallStreetBets. At the time, the company’s stock surged to $483. Before the spike, GME was trading around $18 in December 2020.

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