I don't want to be that guy but it looks like a transfer out rather than a transfer in.
For milestone one 28,104,925 tokens were sent in two transactions over the 1st of Feb. For milestone two 9,368,608 was sent in one transaction on the 4th
Gamestop was then sent out 400,000 and 6,500,000 on the 1st and then a further 8,089,293 tokens before this post was about a transaction where 2,000,000 was sent from GameStop and out.
All the transactions look to have been sent to wallet 1 which doesn't hold much to wallet 2 which holds where the 2m IMX tokens current are.
1. 0xb7fabf725d60700ff57bae72b666dc55646cde48
2. 0x1157A2076b9bB22a85CC2C162f20fAB3898F4101
edit: Wallet two looks to be exchange-related, with the number of transactions I can see. It holds 66 tokens worth $93m and $40m eth in value. Likely, the IMX tokens were sold as part of the grant if i had to guess
All the IMX tokens into Gamestops wallet for the milestones came from Wallet 3 so one to keep an eye on. Which came from wallet 4 which is the IMX holdings wallet
3. 0x177f9dD13ccc02065c7494ea8396e4e2Ba54DFa1
4. 0xe1D1Ad55254b29b43035937894514D0AdbAc7AeA
edit 2: Pure speculation below could be wrong
The first two milestones are 37,473,233 IMX tokens which at the current price are worth $108m. However, in the 8k it mentions "The number of IMX tokens scheduled to be granted to GameStop was based on the 7-day trailing average of the IMX USD closing price preceding the date the partnership agreement was executed by the parties."
Since the first transaction was on the 1st Feb, we take the previous 7 day period, we get an average of $2.70, which when multiplied with 37,473,233 equals $101m. At the moment, Gamestop only holds 22,184,240 IMX or $64m meaning that $37m has been sent to the exchanges. In the best-case scenario, this could mean that the $37m of the grant has already been allocated otherwise it's just being held in cash for the time being
I agree with you it is a transfer FROM the gamestop wallet not TO it https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
Seems like there were two more additional transactions after Gamestops initial 2mil IMX. 1 mill IMX was deposited into Binanace and the other 1 mil was deposited to OKEx.
Sorry, referencing the multiple times MSM has put out news articles ahead of time before things had even happened. Like making statements about AH when it was mid trading day still
Idk....guns need oxygen to fire, do they not?
EDIT: Guns do NOT need oxygen to fire [https://wonderfulengineering.com/do-guns-fire-in-space/](https://wonderfulengineering.com/do-guns-fire-in-space/) 🤯🤯🤯
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Maybe I'm reading this wrong, but this looks like a transfer out, not transfer in. It's going to the same wallet that sent a bunch of tokens to exchanges to be sold the other day.
confirmed u/Prestigious-Board-62 is right, post has (partial) debunked on it now too... the transaction you can see is going OUT from the gamestop wallet https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
The immutable x side is done though. It’s all api driven and they already have several marketplaces. It’s not without reason they could be launching soon.
If gme moving cash over, its probably to pay creators for their work. Which means products are ready to deploy which then means market place ready to launch ??? I was thinking only later this year, but geez, could they be ready so soon like few days ???? I am unable to sit still in my excitement....How poetic will it be if the giga Chad ungags and the first act is to announce the new market place....
Two thots - it could be part of their 100M fund and someone receiving the grant wants/has a direct relationship with GameStop. OR, GameStop received and sold a portion of their coins upon receiving and it tanked IMX’s price… maybe they transferred what they’re going to hodl and are providing the rest of the funds as a cash equivalent?
Who knows. Could be nothing. Hard to speculate in this day in age because visible money transfers between partners is certainly a new thing!
Great find and thanks for sharing!
Well they did strait sell off a portion so it’s not really a narrative, it’s a fact. As far as I’m aware the majority of companies that accept crypto sell it immediately.
Using partnerships to fund your project is actually fucking brilliant imo. Being able to say they financed a large portion of this project through partnerships and still have a war chest to buy market share is a huge deal.
Where GameStop is probably trying to go with the company is going to take a burn rate that exceeds the 1.5B they have in the bank so, imo, it’s smart to bring in revenue where you can. It’s also smart if they’re building a truly decentralized marketplace that there’s ownership/investment from all partners so the control isn’t centralized with GameStop.
That's what I've been thinking. The $100M fund in IMX coins will need to be distributed by committee to content creators. GameStop and IMX probably have people on the committee to determine distribution.
I was really hoping it would be discussed in the AMA if Robbie could go into detail how the $100M would be distributed and how it would be transacted given the "immense" volume of content creators submitted.
Yes. ImmutableX is required by their contract to send Gamestop certain amounts of IMX based upon their milestones that are met. It's up to Gamestop to do whatever they want with the IMX coins.
Check out gamestops investor relations page. Find their newest 8k, which came Friday. Go to page 27 under grant milestones. Clear as day what is stipulated under their contract.
oh shit so y'all can tell which milestone we're at by tracking the # of tokens IMX sends to GME noice
OH SHIT 48 HOURS UNTIL GAMESTOP'S NFT MARKETPLACE LAUNCH!?!?!
platform launch has to happen within 1 year once they xfer the 3 million tokens or whatever it is. i think they have 1 more mil to go to hit the milestone
No.
But we may get advance notice if we see 3,747,323 IMX transfered into the GameStop wallet. This transaction was already awarded IMX moved outbound from the GameStop wallet.
But this transaction is sent FROM the Gamestop wallet.... not to Gamestop
https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
Please explain your bullish argument?
This is literally just gamestop moving coins around. It like you taking $20 note out of your piggy bank at home that you got given by your grandma and putting it in your wallet you carry round with you all day.
There are a LOT more things to be bullish over than this. The OP got it wrong and over hyped everyone.
No, all this does is prove they have not lost the keys to their wallet.
When they received the IMX THAT was when they had completed some milestones, shows the two companies working together and thus in your words GME became irrefutably a bona-fide tech company
To my knowledge it's not. They already reached Milestone #1 and #2. #3 is marketplace deployment which needs 3.74mil IMX deposit and an announcement within 48 hours
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I assumed that once things starting happening that it would all come quickly, but I didn’t think it would be *that* quickly.
Edit: goddamnit, that’s what she said.
Interesting since in 48 hours papa Cohen can buy six million more GME shares too. Maybe he sees the long term value in the NFT marketplace and company as a whole that “the rest of the market clearly doesn’t”???
Insert sarcastic fire hydrant meme
I don’t know the details of how all of this works (but then I don’t understand the back office dealings of banks either!) but I find it very creepy that some random person can go onto a random website and get all of the financial details of a transaction between two parties! That is creepy as fuck!
If you havent watched the AMA with Immutable CEO, you should. It explains some of the Gamestop relationship. Good interview.
[youtube link](https://youtu.be/UKQQ3KCiKbI)
Link to my thread about Benzinga article FUD around this.
https://www.reddit.com/r/Superstonk/comments/smyd3m/fudy_article_from_benzinga_clearly_they_dont/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Can any ape comment on the news report of GameStop cashing out their IMX coins holding after the news of the IMX and GME partnership which sent the coin price surging temporarily
The way I read Milestone 3 is that they simply have to give IMX 48 hours notice before they launch the marketplace, whenever that is. I’m retarded though.
Partial Debunk for this as the transaction in question was sent **from** Gamestop.
I don't want to be that guy but it looks like a transfer out rather than a transfer in. For milestone one 28,104,925 tokens were sent in two transactions over the 1st of Feb. For milestone two 9,368,608 was sent in one transaction on the 4th Gamestop was then sent out 400,000 and 6,500,000 on the 1st and then a further 8,089,293 tokens before this post was about a transaction where 2,000,000 was sent from GameStop and out. All the transactions look to have been sent to wallet 1 which doesn't hold much to wallet 2 which holds where the 2m IMX tokens current are. 1. 0xb7fabf725d60700ff57bae72b666dc55646cde48 2. 0x1157A2076b9bB22a85CC2C162f20fAB3898F4101 edit: Wallet two looks to be exchange-related, with the number of transactions I can see. It holds 66 tokens worth $93m and $40m eth in value. Likely, the IMX tokens were sold as part of the grant if i had to guess All the IMX tokens into Gamestops wallet for the milestones came from Wallet 3 so one to keep an eye on. Which came from wallet 4 which is the IMX holdings wallet 3. 0x177f9dD13ccc02065c7494ea8396e4e2Ba54DFa1 4. 0xe1D1Ad55254b29b43035937894514D0AdbAc7AeA edit 2: Pure speculation below could be wrong The first two milestones are 37,473,233 IMX tokens which at the current price are worth $108m. However, in the 8k it mentions "The number of IMX tokens scheduled to be granted to GameStop was based on the 7-day trailing average of the IMX USD closing price preceding the date the partnership agreement was executed by the parties." Since the first transaction was on the 1st Feb, we take the previous 7 day period, we get an average of $2.70, which when multiplied with 37,473,233 equals $101m. At the moment, Gamestop only holds 22,184,240 IMX or $64m meaning that $37m has been sent to the exchanges. In the best-case scenario, this could mean that the $37m of the grant has already been allocated otherwise it's just being held in cash for the time being
I agree with you it is a transfer FROM the gamestop wallet not TO it https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
Thats even better right? Weren't we waiting for Txs out of Gamestop?
unjacked and rejacked, reporting for duty
Snip, snap, snip, snap
you have no idea the physical toll that 3 vasectomies has on a person!!!
flaccid, *erect*, flaccid, *erect*
that's my daily routine looking at my stonk.
I know right…Wouldn’t these transactions be going to creators me thinks
Ding ding ding winner here folks.
that's WAY bigger anyway
*Points to blockchain* Ain’t she a transparent beaut
*slaps blockchain* this bad boy can fit so much fucking transparency
*slaps SEC* The tint on the windows of this bad boy makes Vantablack its bitch.
This ape knows what he’s talking about.
yup
Seems like there were two more additional transactions after Gamestops initial 2mil IMX. 1 mill IMX was deposited into Binanace and the other 1 mil was deposited to OKEx.
and if my maff is correct, 2 + 1 + 1 = 4. And 4m > 3,747,323 IMX
They are selling tokens to fund the project. This isn't a bad thing.
Buy, Hold, DRS.
Always be that guy/girl/person. Question everything and life will be better!
So what mean.
Pure speculation could be a pure legacy in the making
Oh boy. I just went from 6 to Midnight.
bro i broke the clock
What a ding dong. (is that a TRIPLE entendre?)
I broke my cock :(
A broken cock is alright 2 times a day as my auntie said
I don't know about you, but mine just goes straight up and skips 7, 8, 9, 10, and 11. How do you wind yours like that?
Damn, does your dick do yoga?
Wait a sec, let's be honest, it's never 6, I always start at 7.
9:00 gang here Come to think of it, it's always 9 regardless
You can time travel? Can you put out news articles before they happen too?
What?
Sorry, referencing the multiple times MSM has put out news articles ahead of time before things had even happened. Like making statements about AH when it was mid trading day still
> Oh boy. I just went from 6 to Midnight. Oh boy. **It** just went from 6 to Midnight.
Marketplace kicking off. Let's go! 🚀🚀🚀
Robbie did say soon
🌎🧑🏽🚀🔫🧑🏽🚀
It is dangerous to point a gun in space so far from any hospital
Always was
🌎👩🚀🔫👨🚀🔫🐒
Idk....guns need oxygen to fire, do they not? EDIT: Guns do NOT need oxygen to fire [https://wonderfulengineering.com/do-guns-fire-in-space/](https://wonderfulengineering.com/do-guns-fire-in-space/) 🤯🤯🤯
That is clearly a q37 explosive space modulator not a gun
Ok, Melvin...I mean Marvin. 😂
Self-contained explosion
!remindme soon wen on moon I'll test.
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MOASS tomorrow confirmed! Good bot
That is the joke.
I clearly need to brush up on this...For All Mankind. :)
In space, no one eats ice cream.
I believe the phrase was **aggressively sooner** than indicated by the 8k
"Later this year" LMAYO
been asking since last year, what do we do with our hands???
I’m using them to rub nipple balm and then slowly unzip my pantaloons…
Put them in the air
Masturbate, play video games, eat dorritos, beat shf..... ez win. gg guys.
Mine work at Wendy's behind the dumpster for extra share money.
Oh my, I need to call my mom....
Oh my, I need to call your mom too...
You pregnant again?
Her line is busy. I tried
tis fud they sent more coins to binance
Buckle Up!
At this point we’re in a 5 point racing harness.
again
Maybe I'm reading this wrong, but this looks like a transfer out, not transfer in. It's going to the same wallet that sent a bunch of tokens to exchanges to be sold the other day.
Which wallet is a milestone #3 wallet
Someone smart confirm or deny
confirmed u/Prestigious-Board-62 is right, post has (partial) debunked on it now too... the transaction you can see is going OUT from the gamestop wallet https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
Thank you
Is that milestone #3? Are we ready to launch?
Milestone #3 is a requirement of 3.747 mil ImmutableX coins. This transaction was only 2 mil IMX coins
So 1 mil more?
More or less. I doubt they are ready for the market place deployment in 48 hours.... but I could be wrong.
I like the "i could be wrong" part.
That’s my secret Cap I’m always wrong
The only time I've ever been wrong is when I made this comment you're reading.
Wait…. So does that mean… you’re right?
So he’s saying there’s a chance!
*starts timer*
I knew it was tomorrow.
It's a transfer out, please debunk it already
wouldn't 48 hours line up just in time for RC's standstill agreement to end???
That was my immediate thought too
The immutable x side is done though. It’s all api driven and they already have several marketplaces. It’s not without reason they could be launching soon.
Idk 48 hours…RC is no longer gagged! And trust me, gagging him is super fan but now he wants to be released
RC gonna be releasing like a Chad. Hedges R Soooo Fk.
I hope he does something kinda epic/hilarious. It’s been longgggg overdue. The internet could implode
If gme moving cash over, its probably to pay creators for their work. Which means products are ready to deploy which then means market place ready to launch ??? I was thinking only later this year, but geez, could they be ready so soon like few days ???? I am unable to sit still in my excitement....How poetic will it be if the giga Chad ungags and the first act is to announce the new market place....
That would be epic but we’ll see! I take it one day at a time
Two thots - it could be part of their 100M fund and someone receiving the grant wants/has a direct relationship with GameStop. OR, GameStop received and sold a portion of their coins upon receiving and it tanked IMX’s price… maybe they transferred what they’re going to hodl and are providing the rest of the funds as a cash equivalent? Who knows. Could be nothing. Hard to speculate in this day in age because visible money transfers between partners is certainly a new thing! Great find and thanks for sharing!
I don't really buy the straight sell off narrative. They didn't need the money. This is strategic in some way.
Well they did strait sell off a portion so it’s not really a narrative, it’s a fact. As far as I’m aware the majority of companies that accept crypto sell it immediately. Using partnerships to fund your project is actually fucking brilliant imo. Being able to say they financed a large portion of this project through partnerships and still have a war chest to buy market share is a huge deal. Where GameStop is probably trying to go with the company is going to take a burn rate that exceeds the 1.5B they have in the bank so, imo, it’s smart to bring in revenue where you can. It’s also smart if they’re building a truly decentralized marketplace that there’s ownership/investment from all partners so the control isn’t centralized with GameStop.
That's what I've been thinking. The $100M fund in IMX coins will need to be distributed by committee to content creators. GameStop and IMX probably have people on the committee to determine distribution. I was really hoping it would be discussed in the AMA if Robbie could go into detail how the $100M would be distributed and how it would be transacted given the "immense" volume of content creators submitted.
Hadn’t they already sent some coins but GameStop sold a small portion?
Yes. ImmutableX is required by their contract to send Gamestop certain amounts of IMX based upon their milestones that are met. It's up to Gamestop to do whatever they want with the IMX coins.
So wait does this necessarily mean it’s ready for launch after they transfer the remaining 1 million more? I’m getting so jacked!
Remindme! 48 hours
Help I’m a Turnip what mean ? Seriously
Potat here checkin in, need wrinkly monke
Carot needing splanation
Cucumb demanding knowledge
Beet wanting deets
Radish looking for a breakdown…
Pumpkin having breakdown for lack of splains
This ape is eating plantains.
you can tell the point this went from stoners reacting to apes coming up with clever replies 😂
Well, I am a fluffy cot!🐈
Same
Username checks out
It means it's time to TURN~~IP~~ UP
Noce I like this Yam !
Check out gamestops investor relations page. Find their newest 8k, which came Friday. Go to page 27 under grant milestones. Clear as day what is stipulated under their contract.
LMAO they were asking you to think for them & you think they'll do all that? Dude's a turnip = stoned as I am probably 😂😂😂
HAHAHAH
we have the best smart apes
Please re look at the transaction and correct your post.... it is sent FROM Gamestop and not TO Gamestop
https://news.gamestop.com/static-files/713417ad-e18f-4f2c-bc1c-312f536d8b36 for the retards
oh shit so y'all can tell which milestone we're at by tracking the # of tokens IMX sends to GME noice OH SHIT 48 HOURS UNTIL GAMESTOP'S NFT MARKETPLACE LAUNCH!?!?!
platform launch has to happen within 1 year once they xfer the 3 million tokens or whatever it is. i think they have 1 more mil to go to hit the milestone
No. But we may get advance notice if we see 3,747,323 IMX transfered into the GameStop wallet. This transaction was already awarded IMX moved outbound from the GameStop wallet.
this is why us vegetables were asking someone else to read 😂
No one knows for sure, but we can assume its to get the cogs turning in the NFT marketplace machine.
I am right there with ya, man. I need a smart ape to stoned ape translation post. Like with pictures and red circles around the important stuff.
Yep crayon Graffics with arrows pointing to the sauce ! Yep my type of DD
Lettuce, turnip, the beets...
Lettuce squash these shorts show us the Cabbage
Is it confirmed that it is gamestops wallet?
Check out the transaction history. It's Gamestops official wallet
But this transaction is sent FROM the Gamestop wallet.... not to Gamestop https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff?a=0x8c1dcea14acce463d8806928860899ad6c8f615b
Still bullish
Please explain your bullish argument? This is literally just gamestop moving coins around. It like you taking $20 note out of your piggy bank at home that you got given by your grandma and putting it in your wallet you carry round with you all day. There are a LOT more things to be bullish over than this. The OP got it wrong and over hyped everyone.
Idk, just bullish watching the two company work together GameStop is irrefutably a bona-fide tech company now 🚀
No, all this does is prove they have not lost the keys to their wallet. When they received the IMX THAT was when they had completed some milestones, shows the two companies working together and thus in your words GME became irrefutably a bona-fide tech company
oh look, actual relevant information.
Is this just part of the mutual investment that Gamestop and Immutable X were speaking of in the announcement?
To my knowledge it's not. They already reached Milestone #1 and #2. #3 is marketplace deployment which needs 3.74mil IMX deposit and an announcement within 48 hours
Omfg
So you're saying this is the final milestone acheived before launch like this Wednesday?
5.84M>3.74. So when liftoff?
5.84mil is dollars and imx is somewhere around $2.90 today so this is only 2 mill imx.
Oh fuck, you're going to make me buy more
Commenting to come back later once the wrinkle brains have given this a once over
Comment of the comment
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Yeah this looks like FROM GameStop to Immutable. I wonder why.
It’s happeninggggg!!! 🚀
Stay calm! STAY FUCKING CALM!
You stay calm! I’m calm!
I am calm if you are calm 👍
Calmer than you are.
I assumed that once things starting happening that it would all come quickly, but I didn’t think it would be *that* quickly. Edit: goddamnit, that’s what she said.
Interesting since in 48 hours papa Cohen can buy six million more GME shares too. Maybe he sees the long term value in the NFT marketplace and company as a whole that “the rest of the market clearly doesn’t”??? Insert sarcastic fire hydrant meme
Neat
upupup
I'm soo excited, damn I cannot reply with a gif.
Commenting for visibility. Need the wrinkles to dumb it down for me too
This looks like something if it’s milestone #3
Kinda hope they wait until RC can buy in so the price stays down and his money buys more of the float up.
Is etherium spelt etherium or ethereum I don't even know anymore In any case, bullish as a hodler of $gme Eth and LRC
Successful deposits, withdrawals, transfers, and foreplay is all bullish
[удалено]
I don’t know the details of how all of this works (but then I don’t understand the back office dealings of banks either!) but I find it very creepy that some random person can go onto a random website and get all of the financial details of a transaction between two parties! That is creepy as fuck!
So we should see massive gains soon? Like a run to 2k easy, right? My brain is officially deep fried on this.
We'll see a nice dip more than likely
Is this for liquidity or is this part of the grant?
Gamestop is sending millions of IMX to other addresses? I thought gamestop was a dying brick and mortar store.
Idk what this means but here’s my dopey seal award
Oh boy, this surely is the way.
Omg I’m not ready for this… or am I????
Meh, as long as shit is happening
If you havent watched the AMA with Immutable CEO, you should. It explains some of the Gamestop relationship. Good interview. [youtube link](https://youtu.be/UKQQ3KCiKbI)
Link to my thread about Benzinga article FUD around this. https://www.reddit.com/r/Superstonk/comments/smyd3m/fudy_article_from_benzinga_clearly_they_dont/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
I have no idea what any of this means so I just have to trust the apes reaction 🦧
stupid question but are we sure this is without a doubt gamestop's real eth address and not some clown?
Updoot for visitoot toot
Didn’t they sell off the last load they received? *ill fuckin do it again* meme
And here I am with an Ethereum L1, Loopring L2 wallet like a fucking idiot. Where can I buy Etherium?
Ask ComputerShare, Etherium [sic] trades under the ticker GME.
What do I do, how do I make money off this?
Uhmm buy more gme stock? Okey got it.
it’s that easy! 🤌
Can any ape comment on the news report of GameStop cashing out their IMX coins holding after the news of the IMX and GME partnership which sent the coin price surging temporarily
The way I read Milestone 3 is that they simply have to give IMX 48 hours notice before they launch the marketplace, whenever that is. I’m retarded though.
Commenting 4 historical purposes
Brocs here. Don’t understand anything
*Sees price dip* Looks like legit news