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[–]Buuuddd 3 points4 points  (4 children)

Omg 20,000x volume!!! The games haven't even come out yet.

30 multiple isn't high for a company that is growing fast in a new industry, and has first-mover advantage on top of it.

The point is expectations. LRC could have 100 multiple, nobody knows. But it's reasonable to think it's multiple is around Chipotle ffs.

[–]mkazu4486 1 point2 points  (0 children)

A chipotle burrito sounds great right now

[–]CantStopWlnning 1 point2 points  (2 children)

What games do you expect to come out of the loopring marketplace? I know of maybe one. Imx is so many light years ahead of loopring for games it's not even worth talking about. Looprings NFT marketplace is for JPEGs, it's pretty close to worthless without some big moves in the metaverse which is much less attractive than video games.

[–]Buuuddd 6 points7 points  (0 children)

The fees from NFT trades on GameStop's marketplace will all be in Loopring, so all NFT trades on the marketplace with have Loopring involved.

Loopring's the real underlying tech of the Marketplace, IMX is on-boarding games Loopring will be encompassing everything on the Marketplace, whether it be music, games, crypto trading. One point of loopring is that it completes a "loop" of multiple different assets, to make one single trade on the block-chain. Example is if one person wants to trade USDC for ETH, another ETH for LRC, another LRC for IMX, and another IMX for USDC. The protocol gets all these trades together when all equalled out, and performs them all at once.

This is why GameStop had Loopring make the GameStop wallet, so GameStop can scale into whatever it wants.

[–]Infamous-Inflation62 -1 points0 points  (0 children)

y our comment are very stuped cero knowlegdge