Further Reading Analysis: GameStop's NFT marketplace earns the company just $45K in first day In the first week of GameStop’s recently launched NFT marketplace , the NiFTy Arcade collection stood out from the pack. Instead of offering basic JPEGs, the collection provided “interactive NFTs” linked to HTML5 games that were fully playable from an owner’s crypto wallet (or from the GameStop Marketplace page itself ). There was only one problem: Many of those NFT games were being minted and sold without their creators’ permission, much less any arrangement for the creators to share in any crypto profits. While the man behind NiFTy Arcade has since been suspended from GameStop’s NFT marketplace, he’s still holding on to the tens of thousands of dollars in cryptocurrency he made by selling those NFTs before the suspension. And while the NFTs in question are no longer listed on the GameStop NFT marketplace, the unlicensed games themselves can still be accessed on GameStop’s servers and across a blockchain-based file storage system, where they may now be functionally impossible to remove. What if an arcade, but with NFTs? NiFTy Arcade creator Nathan Ello told Ars his collection grew out of a desire “to highlight potential use… Read full this story
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