Gamestop Launches New NFT Marketplace Integrated with Wyre

We are excited to announce our official integration with GameStop to facilitate fiat-to-ETH transactions on their brand new NFT marketplace. The partnership empowers users to buy and sell NFTs on Ethereum’s L2 blockchain, Loopring using ETH.

As of today, the GameStop’s NFT marketplace will utilize transactions through ETH and will have the security and comfortability of Ethereum by leveraging Loopring, a Layer-2 protocol that’s optimized to help lower blockchain transaction fees for users. Individuals will be able to convert fiat to ETH with Wyre’s technology with a couple of clicks and minimal friction.

“GameStop’s NFT marketplace is a pioneer in many ways,” says Ioannis Giannaros, co-founder and CEO of Wyre. “By utilizing Wyre’s cryptocurrency transaction infrastructure, and building on the secure and accessible Loopring blockchain, we’re able to create a fully customized solution that fosters a non-exclusionary environment for content creators to join the NFT marketplace and buy, sell and create.”

The GameStop NFT marketplace is another step forward in Wyre’s mission to bring crypto to the masses. Wyre’s custom solution allows for users to onboard to the Loopring blockchain in a scalable and efficient way, breaking down barriers for the users and providing an NFT experience that is sure to set a new standard. By utilizing different aspects of Wyre’s ecosystem, we have been able to work hand in hand with the GameStop team to drive accessibility and inclusivity as more individuals can enter the world of Web3.

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For more information about Wyre and how to integrate with our APIs, please visit our Website and Developer Documentation.

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