Videogame Merchant GameStop (NYSE: GME) may soon face the field of cryptocurrencies and non-fungal signs.
what happened: GameStop posted an ad on its website on Thursday, saying it was looking for a security analyst who would be responsible for monitoring and maintaining data and the confidentiality of the platform in an enterprise environment. The security analyst must have ‘skills and experience’ in blockchain, cryptocurrency or non-fungible tokens (NFT).
Other desired skills for the candidates include machine learning, artificial intelligence, e-commerce, cloud platforms, e-sports, malware analysis and threat intelligence.
The opening of the post is at GameStop’s headquarters in Grapevine, Texas.
See also: GameStop plan for sale ‘understandable’ – analyst says principles are sound
Why it matters: GameStop’s intention to hire a security analyst with experience in blockchain, cryptocurrency and NFTs may imply that the company wants to embellish NFTs or plan to add a token to its platform.
NFTs, blockchain-based tokenization of collectibles or artwork, are considered a bright future in online games. Early NFT adopters included game developers who used code in the Ethereum blockchain to create their own games, such as CryptoKitties, and the trend has increased in recent months, with a $ 69 million signed version of Beeple Art.
Others who boarded the NFT train include Jack Dorsey – who is in charge Twitter Inc. (NYSE: TWTR) and Square Inc. (NYSE: SQ), Tesla Inc. (NASDAQ: TSLA) Elon Musk’s partner – Candian artist Grimes, actress Lindsay Lohan, rapper Snoop Dogg, to name a few.
In early 2021, GameStop emerged as a treasure trove of Reddit retail investors who put a brief push into the stock.
Shares of the struggling retailer see continued investor interest amid expectations that it will adopt a digital business model led by Chewy Inc. (NYSE: CHWY) co-founder and major shareholder Ryan Cohen.
Price actionGameStop shares closed nearly 7% lower at $ 158.36 on Friday.
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