It’s uncertain whether GameStop will also introduce a marketplace app, or even better, integrate it into the wallet app. OpenSea and Magic Eden have marketplace apps on iOS, but due to Apple’s policies of getting a 30% cut of transactions, they don’t allow purchases there. Unlike OpenSea and Magic Eden that depend on Metamask and Phantom respectively, GameStop has its own wallet which it released on iOS this week with support for on-ramps, swaps, bridges, and NFT transfers. Like Binance, Immutable has its own native marketplace with transaction fees, and rather than compete with third parties, it has a strong partnership set up with GameStop and its newer marketplace. ![]() The next one to conquer will be Immutable, desirable for its gas-free trading. The focus now seems to be on growing out of the niches that provided initial success. The royalties battle has been an especially hot topic, with Magic Eden making them optional and OpenSea looking to do the same but backpedaling after community backlash. As NFT volumes slowed down, it only heightened the competition for the remaining business, leading to expansion and battles over royalties. Magic Eden focused on Solana, Binance for its own chain, Fractal for game NFTs, and eventually GameStop for game-related collectibles. ![]() As OpenSea was the leader for Ethereum and general NFTs, others looked to take over a particular niche. Some of these, like Coinbase, quickly lost steam and were shut down, but others, like OpenSea and Magic Eden, became dominant. With high trade volume multiplied by transaction fees, the market became lucrative and caused a number of competitors to spring up. As the NFT fever kicked in a year ago, it sparked a major push for marketplaces to support the trade.
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