Nifty News: GameStop’s NFT market, NBA star LaMelo ‘mints career’ on NFTs … and more

It appears that “r/wallstreetbets” favorite meme stock company GameStop is in the process of developing its own NFT marketplace.

Oh wow, @GameStop is launching an NFT platform https://t.co/3lkqgJTiwS pic.twitter.

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NFT game developer Animoca Brands completes capital raise at $1B valuation

NFT-focussed game developer, Animoca Brands, has announced the completion of an $88,888,888 capital raise based on a valuation of $1 billion.
The raise was announced on May 13, with participants including Kingsway Capital, Hashkey Fintech Investment fund, RIT Capital Partners, and Huobi. 93.

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NFT representing 5% of Monaco F1 Delta Time track auctioned for $220K

A segment of a race track in F1 Delta Time, a non-fungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens, worth approximately $222,000. Animoca says it’s a record price for an in-game NFT.

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‘Formula E’ racing title among four NFT-powered games announced today

Blockchain gaming firm Animoca Brands has announced a licensing agreement with electric single-seater car racing championship Formula E to develop a blockchain-powered motorsports game featuring non-fungible tokens (NFTs).

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