GameStop's Crypto, NFT & Web 3.0 Metaverse Gaming Aspirations | GME Stock
The wild ride that is GameStop's (GME) stock is in full swing today following a report from the Wall Street Journal that highlighted the company's cryptocurrency, NFT (non-fungible token), and Web 3.0 Metaverse Gaming aspirations. There is also some potential fundamental value to this development. Determining that value from a financial standpoint is a very difficult task given the volatile nature of cryptocurrencies and the infancy of NFTs and Web 3.0 Metaverse Gaming. In my view, GameStop's vision to develop a crypto and NFT division is compelling and it offers the company an opportunity to reinvent itself.
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