- BlockchainK2 (BITK) subsidiary Amplify Games has acquired Leaptrade to expand into NFTs
- Leaptrade is a gaming marketplace where users can trade physical discs and cartridges from major PC and console developers
- BlockchainK2 plans to re-imagine Leaptrade’s marketplace to include digital games, digital in-game items and gaming-based NFTs, as well as cryptocurrency as a medium of exchange
- BlockchainK2 invests in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization
- BlockchainK2 (BITK) is up by 7.69 per cent and is currently trading at $0.42 per share
BlockchainK2 (BITK) subsidiary Amplify Games has acquired Leaptrade to expand into NFTs.
Leaptrade is a gaming marketplace with over 10 years of history in the space. Users can currently trade physical discs and cartridges from major PC and console developers.
BlockchainK2 plans to re-imagine Leaptrade’s marketplace to include digital games from Steam, Xbox, PlayStation and Nintendo, as well as digital in-game items and gaming-based NFTs. A key component of the new marketplace will be the use of cryptocurrency as a medium of exchange.
The company believes the marketplace’s community-based focus plus its on-ramp for crypto will position it as a leader in advancing crypto adoption in the gaming community.
The redesigned marketplace will launch in Q1 of 2022 to take advantage of the post-holiday reselling season.
Tony Caputo, CEO of Amplify Games, stated,
“We are excited to take this next step in building out Amplify’s capabilities by creating a class-leading gaming marketplace that will not only serve the existing needs for trading retro and other physical cartridges and discs, but will be a bridge for many gamers to trade digital items and NFTs for the first time.
We are not here to simply ride the current NFT trend, we are building a long-term strategy that will organically bring gaming NFTs and crypto to a far larger mainstream gaming market.”
Amplify Games is a gaming technology platform that uses blockchain technology to disrupt the current studio, publisher, influencer paradigm.
BlockchainK2 invests in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization.
BlockchainK2 (BITK) is up by 7.69 per cent and is currently trading at $0.42 per share as of 10:03 am ET.
