GameStop Forays into NFTs
Ethereum has transformed to be a massive force in crypto. It is behind the ICO mania of 2017, the DeFi spike of 2020, and the NFTs craze of 2021. There might be signs of excesses but the technology underpinning NFTs and steps to make Ethereum handle more transactions make it potent.
So much that GameStop, whose stock rallied to over $450 back in January, is creating an NFTs team. At the moment, details are scarce, but the platform will launch from Ethereum. They also want exceptional developers with experience in Solidity, React, and Python to join them.
Still, it has to be a waiting game for now. In the meantime, their foray into crypto and Ethereum makes sense, given their dated business model. For this, hedge funds were actively betting for the public company to go under.
Apple Wants to Hire a Business Development Manager for Their Alternative Payments Team
Away from GameStop, there are hints of Apple planning to go the crypto way. In a recent job posting, Apple is seeking a Business Development Manager for their Alternative payments team.
Herein, one of the world’s most valuable companies with hundreds of billions in fluid cash talks of “new ideas” and how people can’t imagine living without products derived from these ideas. Nonetheless, nothing is affirmative but isn’t stopping the community from concluding.
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