What's Going On With The NFT Gaming Company?
Portfolio Pulse from Ryan Gustafson
Shares of The NFT Gaming Company, Inc. (NASDAQ:NFTG) fell despite the company expressing satisfaction over Google Play's new policy allowing video game publishers to sell nonfungible token (NFT) games in its store. The company's CEO, Vadim Mat, stated that this policy benefits NFTG's vision to roll out the Gaxos platform that offers NFT-enabled games.
July 13, 2023 | 7:21 pm
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NFTG shares fell despite the company's positive response to Google Play's new policy on NFT games. This policy aligns with NFTG's vision to launch the Gaxos platform offering NFT-enabled games.
Despite the company's positive response to Google Play's new policy, which aligns with its vision to launch the Gaxos platform offering NFT-enabled games, NFTG shares fell. This suggests that the market may not share the company's optimism or there may be other factors at play affecting the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100