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GameStop is joining forces with The Telos Foundation<\/a>, the entity responsible for the Telos blockchain, intending to broaden its Web3 gaming landscape.<\/p>\n This partnership binds Web3 games running on Telos\u2019 decentralised blockchain framework to GameStop\u2019s forthcoming Playr<\/a> game launchpad. This strategic alliance sets the stage for new vistas in mainstream gaming distribution.<\/p>\n Telos modifies the gaming environment, offering players an easy combination of enjoyable gaming, appreciable speed, and reasonable control over digital assets in a secure and adaptable Web3 gaming ecosystem.<\/p>\n AJ Dinger, who leads business development at the Telos Foundation, said in an official statement that this team-up is expected to encourage fresh users to the Web3 gaming platform via Telos\u2019 solid network.<\/p>\n Dinger noted, \u201cWe believe this collaboration will be a meaningful driver of new users into the Web3 space. By combining GameStop Playr with Web3 games<\/a> utilizing Telos\u2019 high-performance blockchain infrastructure, we can break down many of the barriers currently deterring Web2 players from embracing Web3.\u201d<\/p>\n The announcement immediately affected the market, as Telos\u2019 native token, TLOS, experienced a 10% surge before eventually levelling off.<\/p>\n GameStop has progressively shifted its focus from traditional physical stores to a more digitally-driven strategy, particularly on Web3 gaming. Back in February 2022, it revealed a partnership with the Immutable X blockchain<\/a> to create a NFT marketplace to facilitate trading in-game assets.<\/p>\nTelos Foundation\u2019s Role in Boosting User Onboarding<\/h2>\n
GameStop\u2019s Shift to Digital and Web3 Gaming<\/h2>\n