GameStop reportedly issued its confirmation with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol catering to decentralized crypto exchanges, into their much-awaited NFT marketplace.

Specifically, Adam Browman, Loopring’s Head of Growth, reportedly revealed that the beta version of GameStop’s marketplace had gone live.

Per Browman, GameStop – via an alliance formed with Loopring L2, is reportedly working towards the goal of offering “fast, cheap, and secure” access to digital ownership for the public audience. 

They have an intention of handing the power back to the players, creators, and collectors with GameStop at the “forefront of these new global digital economies.”

His explanations further outlined the way users are able to mint NFTs on Loopring L2 in a direct manner, for “fractions’ ‘ of the high gas costs which have a tendency of resulting from minting on L1 – roughly under $1. 

The Loopring zkRollup inherits Ethereum L1’s self-custodial security to ensure that its users “receive the strongest digital property rights.”

Beta users will reportedly have the ability to tap into these “massive speed improvements and lower costs”, and begin making deposits prior to the official introduction of the marketplace that is reportedly around the corner.

GameStop has recently just formed a collaboration with Immutable X (IMX) for its NFT marketplace, as well as disclosing details of a $100 million grant for game creators and developers. 

At the time, GameStop reportedly detailed in a Securities and Exchange Commission report submitted on January 28th this year, revealing that Immutable was its first Layer 2 NFT integration for trading and minting, with Loopring follow suite.