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May 26, 2021

US video game and console retailer GameStop intends to launch its own non-fungible token (NFTs) platform, The Block has reported. The new page on the company's website reports the following:

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

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The company's page includes the Ethereum logo as well as a link to a smart contract featuring the Game On Anon text on its source code. Notably, the contract code makes mention to the issuance of a dedicated GME token - GameStop shares trade under the same ticker on the stock market.

GameStop shares started a rally in February when several large hedge funds suffered heavy losses as they liquidated their short positions following coordinated buying by investors on social media.

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