(GameStop) GameStop Corp. is working with Immutable X for a non-fungible tokens marketplace this year.
The partnership allows the two parties to create a $100 million fund, which will be used as a grant for game developers and studios on the NFT marketplace and Immutable X.
GameStop says that Immutable X will compensate the company with up to $150 million in IMX tokens if certain milestones are hit.
It now remains to be seen how the gamers and some developers will react after initially showing displeasure over the NFT marketplace, which they have termed as a cash grab and deceptive.
GameStop has cited the carbon-neutral, faster, more affordable, and almost limitless transactions on Immutable X as the reasons for selecting the protocol.
Immutable co-founder Robbie Ferguson says the partnership gives GameStop an opportunity to become the destination for the next paradigm of gaming.
Immutable X is an Ethereum layer-2 protocol and offers security for transactions on the digital ledger of the blockchain.
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