Notable NFT news this week is from video game retailer GameStop (GME), which has announced its NFT marketplace will shut down next month.

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The publicly-traded company is citing “regulatory uncertainty” for its decision to discontinue the NFT business.

Meanwhile, Pullix (PLX), an upcoming trading exchange that will also offer a DeFi and NFT Launchpad, has gained considerable traction during its presale.

GameStop to shut down NFT marketplace

GameStopNFT, the blockchain platform that the US-based gaming retailer launched in late October 2022, has posted a notice on its website stating that its NFT marketplace will shut down on February 2, 2024.

According to GameStop, its decision is down to the “continuing regulatory uncertainty of the crypto space.” While users will not be able to buy, sell or trade NFTs on the platform from the effective date, they will still access these features for their holdings on other NFT marketplaces.

“Effective as of February 2, 2024, customers will no longer be able to buy, sell or create NFTs. Your NFTs are on the blockchain and will remain accessible and saleable through other platforms,” the notice states.

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