GameStop seeks analyst specialized in NFTs and Blockchain

GameStop seeks analyst specialized in NFTs and Blockchain

A  U.S.-based video game, consumer electronics, and gaming merchandise retailer company, GameStop, placed an advertisement on its website on Thursday. The company announced that they are seeking a security analyst. Security analysts should be responsible for monitoring and maintaining data and platform confidentiality in an enterprise environment. Furthermore, the position is accepting Bachelor’s degree holders with more than three years of related experience.  Also, GameStop says that the security analyst must have skills and experience in blockchain, cryptocurrency, or non-fungible tokens (NFT).

Other desirable skills for the applicants include machine learning, artificial intelligence, eCommerce, Cloud platforms, eSports, malware analysis, and threat intelligence.

Remarkably, the job opening is at GameStop’s headquarters in Grapevine, Texas.

GameStop intends to hire a security analyst with experience in blockchain, cryptocurrency, and NFTs. Therefore, it could imply that the firm is looking to mint NFTs or plan to add a token to its platform.

NFTs, blockchain-based tokenization of collectible items or art pieces, are seen as having a bright future in online games. Early NFT adopters included game developers who were deploying code to the Ethereum blockchain to create their games, like CryptoKitties. The trend has picked up in the last months, with a tokenized version of Beeple art going for $69 million.

Shares of GameStop fell by about 7% on Friday

Others to have come onboard the NFT train include Jack Dorsey, who heads Twitter Inc. and Square Inc., Tesla Inc., Elon Musk’s partner, the Candian artist Grimes, actress Lindsay Lohan, rapper Snoop Dogg, to count a few.

At the beginning of 2021, GameStop emerged as a darling of Reddit retail investors who carried out a short squeeze in the stock.

Shares of the struggling brick-and-mortar retailer are in fact, seeing continued investor interest amid expectations it will adopt a digital business model led by Ryan Cohen, Chewy Inc. co-founder and major shareholder.

Significantly, shares of GameStop fell by about 7% on Friday and settled at $158.36.

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