this post was submitted on 06 Sep 2023
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https://arstechnica.com/gaming/2023/08/gamestop-citing-regulatory-uncertainty-winds-down-its-crypto-and-nft-wallet/
They were selling the idea to Superstonk investment idiots that the "future" of game sales was in NFTs where you would "really own your copy of the game." Which... to anyone who knows how NFTs really work is such a sick fucking joke as to pawn that idea off on to consumers.
Nvm I misread your initial comment as saying they were shutting down their cryptocoin (as in a coin they launched themselves). Seems they’re shutting down the wallet bc it’s the most vulnerable to violating the vague regulations currently in place. They’ve still got the marketplace and recently announced a project called PlayR that looks to be a game streaming platform.