GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

2022.08.22 20:10

GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

Daily revenue for GameStop’s nonfungible token (NFT) marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July.

According to data from DappRadar, GameStop (NYSE:GME) NFT has generated roughly $166,800 worth of sales volume over the past 24 hours. With the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue during that time.

Broader doom and gloom

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