CHARLOTTE, N.C. – GameStop shares are on the rise, again. On Friday, shares rose as high as 20 percent when the video game retailer announced it’s creating a “non fungible token” marketplace. The Wall Street Journal reports the GameStop marketplace will allow users to to buy, sell and trade NFTs for virtual video game goods, like avatar outfits and weapons. So far, GameStop hasn’t confirmed the reports.
The news comes almost a year after GameStop shares began surging thanks to amateur daytime traders on Reddit. That rush caused the stock to soar up to 1,600% before crashing.
Our question of the night: are NFTs here to stay or just a passing fad?
This episode’s panel features:
WCCB TV’s Morgan Fogarty
WCCB TV’s Zach Aldridge
WCCB News Edge Contributor Tremaine “QCB” Sloan