Afternoon r/Superstonk, Jellyfish here with you! Can we talk about nft.gamestop.com for a minute? I can’t wait for 7/14 and what they announce! Even if there isn’t a crypt0 dividend or tokenized shares, this is one of the ‘fundamentals’ things that personally has me most hyped for this transformation. It’s GameStop’s first step towards the metaverse!
Jellyfish, what the heck is a metaverse?
A metaverse is a term for a series of interlinked, persistent virtual worlds with self-contained economies.
If you would like even further background on Metaverses, I made a post a few days back with Nvidia’s CEO Jensen Huang discussing the topic in detail.
nft.gamestop.com will be the center of the NFT Universe!
I am speculating for sure, but I envision nft.gamestop.com as the hub in a hub and spoke model. Think of it as the single, comprehensive home for all things related to gaming and NFT’s.
The spokes are the little satellites that revolve around the nft.gamestop.com hub. These are the tentacles that the business puts out into the community (both online and offline) to drive traffic back to the hub and continue to expand the audience and exposure while taking advantage of the tremendous following GameStop has built throughout this saga.
nft.gamestop.com is the hub and center of the NFT metaverse, where players, creators, and collectors will intersect to seamlessly interact with each other.
Ok, Jellyfish, if you say so but what the heck are NFT’s, and aren’t they really just worthless pieces of art? How the hell does that help GameStop at all?
hopefully, this makes it through Automod...
Uhhh, Jellyfish, that sounds an awful lot like the Reddit NFT news you tried to get us excited about, are you sure it’s not just overpriced crappy digital art?
This is worthless, right?!?!?
Yes, this would be true if GameStop was only interested in digital art. However, we all know RC has some tricks up his sleeve and I think they could end up being spokes like:
-A blizzard entertainment partnership where they leverage GameStop’s NFT marketplace and brand loyalty built up through the MOASS for Diablo or Warcraft with NFT loot?
-A partnership with online card games like Pokémon with NFT trade-able cards? Competitive battling that could be bet on?
-An RPG-style D&D game where your character is an NFT that can transfer across multiple video games?
-Imagine being able to resell your used digitally downloaded video games with the publisher still able to get a cut for their work?
-I see these guys as more of a competitor currently, but what if Dapper Labs want to take advantage of GameStop’s brand loyalty customer base to market Top Shot, CryptoKitties, Wizards, or Dapper in the GameStop NFT Marketplace?
-Suppose Matthew Finestone makes use of his vast zkrollup knowledge and is able to integrate the ImmutableX NFT into GameStop’s ecosystem?
The possibilities are endless, especially as more and more companies embrace NFT’s as well!!
Additionally, more and more companies are getting into the NFT space every day!
My question to you is, do you think all of these companies are going to stand up their own NFT marketplaces (like the streaming services setup today Hulu, Disney+, Netflix, Prime, etc), or do you think our Chairman has greater ambitions to leverage the GameStop brand and EXTREME customer loyalty to create the PREMIERE NFT Metaverse Marketplace available—a la the Apple App Store or Google Play Store?
Think about the value-added for being The Hub that these other companies can just plug into?
Google Play app store fees are 15% on the first million dollars a developer makes on Google's store per year. After developers cross the $1 million mark in sales for a year, Google will charge developers its standard 30% fee for in-app purchases and downloads.
Apple’s App Store commission rate to 15% for software developers with less than $1 million in annual net sales on its platform. Apple currently takes a 30% commission from the total price of paid apps and in-app purchases from the App Store.
My bet is on our boy going BIG, and I cannot wait to find out!