5/1/2023 0 Comments Amazon russian collection![]() ![]() DappRadar noted in its February industry report: NFT trading volume spiked to $2 billion for the first time since last May, up 117% from the previous month, largely driven by Blur - the zero-fee marketplace launched last October. The NFT space has taken a beating - just like the crypto space at large - since the collapse of TerraUSD/Luna in May 2022, the ensuing platform busts and the infamous FTX debacle. “But, again, we’re still in the early stages here and it will take time for more companies and brands to incorporate digital assets into their existing technology stack.” A Look at the NFT Market ![]() “It’s important to note that this sort of experimentation will help to familiarize the large customer bases of these companies with Web3 technology.” Reim said. Reddit started its collection last July and has onboarded nearly 6.9 million people to Web3 since, according to a Hype Partners tweet.ĬJ Reim, a contributor at Core DAO, explained that Amazon’s news underscores how there’s still momentum for more non-crypto technology firms to experiment with NFTs and crypto more broadly. GameStop launched an NFT marketplace with ImmutableX Pty Limited in October 2022. Other companies that have entered the space include GameStop and Reddit. Second, Amazon brings significant lobbying heft to a crypto industry fighting on multiple fronts on the Hill.” Amazon can serve as a trusted intermediary for experiencing Web3 for the first time. “Amazon is well known and trusted by more than 200 million customers with Prime Memberships. Amazon ‘a Trusted Intermediary’Īmazon’s entry into NFTs is significant for two key reasons, said Christopher Alexander, chief communications officer for Liberty Blockchain. See 15 of the best NFT projects this year. Customers won’t need crypto wallets to buy NFTs on Amazon. The marketplace - set to go live on April 24 - will start offering 15 NFT collections, which will be available on Amazon’s website and can be seen by clicking the “Amazon Digital Marketplace” tab, Coingape reported. ![]() Amazon Prime customers of its digital collectibles plan once it goes live. Live Richer Podcast: How To Leverage Your InvestmentsĪccording to Blockworks, Amazon customers will be able to buy NFTs tied to real-world assets. The effort follows that of other mainstream companies dipping their toes in the space, including GameStop and Reddit.Ĭheck Out: 3 Things You Must Do When Your Savings Reach $50,000 Amazon is reportedly launching an NFT marketplace next month - a move widely lauded in the industry as it further cements the increasing adoption of the digital assets. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |