GameStop is Looking for a Person Who Knows Crypto and NFTs

GameStop made an interesting decision as the company posted a new job opening for a security analyst who specializes in crypto and non-fungible tokens (NFT). GameStop’s decision suggests that the company may be working on a related project.

According to the company’s careers page, GameStop is seeking a security analyst who knows crypto. This person will be responsible for data and platform confidentiality. Moreover, this person will have to take care of other tasks as well.

People who would like to apply for this position should take into consideration several details. The company is looking for a person with a bachelor’s degree and more than three years of related experience. Moreover, responsibilities include monitoring and responding to security incidents and events. This employee will design as well as develop automated analysis capabilities.

However, the standout information comes under the additional skills and experiences tabs. There it mentions blockchain, cryptocurrency as well as non-fungible tokens. This information indicated that the world’s largest video games retailer that operates more than 5,000 retail stores is looking to leverage the asset class to boost its business.

The company’s decision to hire a security analyst might mean that GameStop is planning to launch its own NFT. After taking into account the support from the internet community, the company’s move could pay off handsomely. Unfortunately, details remain scarce as the job description covers a variety of requirements such as machine learning and AI. The fact that security is the major part of the project underlines the company’s priorities.

GameStop, NFTs, and new opportunities

Nonfungible tokens gained popularity as they are extremely profitable, both in terms of revenue and public relations. Several famous individuals and entities, including Elon Musk, helped to make them more popular around the world. Apart from Elon Musk, the founder of Twitter, Jack Dorsey also supports NFTs.

Early nonfungible token adopters included game developers that were deploying code to the Ethereum blockchain. This way, they wanted to create their own games, like CryptoKitties and the trend became even more popular.

The company’s shares closed almost 7% lower on April 9 at $158.36. However, shares of the company are seeing continued investor sentiment amid expectations that GameStop will adopt a digital business model led by Ryan Cohen. He is the co-founder and major shareholder of Chewy Inc. GameStop is undergoing transformation, and crypto and NFTs have the potential to play an important role in its plans.