CDS Crypto News Amazon’s NFT Marketplace Plan
Crypto News

Amazon’s NFT Marketplace Plan

470
Amazon's NFT Marketplace Plan
Amazon's NFT Marketplace Plan

The e-mails sent by Amazon to some individuals or organizations confirm the existence of digital tokens and libraries on the world e-commerce giant’s own platform!

Amazon's NFT Marketplace Plan
Amazon’s NFT Marketplace Plan

Amazon’s NFT Marketplace Plan

Amazon has sent an email to some individuals or organizations confirming that their subscription to its Prime Video channel has been automatically renewed. The email also provides hints about the e-commerce giant’s Web3 expansion plans, including new varieties and where they might live on the platform.

Amazon's NFT Marketplace Plan

The e-commerce giant has yet to comment publicly, but rumors are circulating that it plans to launch its own digital token and library asset soon. According to sources, it plans to launch the “Amazon Digital Marketplace” on April 24, with a collection of 15 NFTs available as of the launch date of the NFT marketplace launch next month.

Amazon Aims to Expand 

Amazon's NFT Marketplace Plan
Amazon’s NFT Marketplace Plan

While Amazon’s assortment in the NFT market is currently small, sources say the platform will offer a select number of digital products, such as music and art, at launch, with plans to expand into other categories in the future. It is also expected to reach a large customer base and global reach. This move could drive NFT adoption and help it expand further.

SOURCE

VISIT OUR OTHER BLOGS: ALL NEWS

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

Leave a comment

Leave a Reply

Related Articles

Solana’s Meme Coins Rally with Double-Digit Gains Amid Market Dip

Amidst a broader downturn in major cryptocurrencies like Bitcoin (BTC), meme coins...

Stable Interest Rates: Market Unresponsive After FED Announces Decision

In its expected statement, the FED said that it has decided on...

BNP Paribas Dives into Crypto: Purchases BlackRock Bitcoin ETF Shares, Reveals SEC Filing

Per the 13F report, BNP Paribas acquired IBIT shares during Q1 2024,...

Possible Reasons Behind the Post-Halving Bitcoin Price Drop

The post-halving Bitcoin price drop shows that this halving is different from...