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eBay NFTs: E-commerce giant offers its own NFT collection

 


With big companies like Twitter, Meta and Cloudfare working flat out to integrate NFTs, there will now be eBay NFTs too. That's why they're teaming up with eco-friendly NFT company OneOf and Sports Illustrated.


eBay Inc. was founded in 1995 and quickly developed into one of the largest online marketplaces in the world. Even the PayPal brand was part of the company until 2015. Over time, the platform evolved more and more from a consumer-to-consumer to a business-to-consumer marketplace. Now comes the next step: eBay NFTs.



Integrating NFTs joins industry giants like Twitter , Meta and Cloudfare, all working on their own NFT integration. eBay allowed NFTs to be listed for the first time in mid-2021 . So far, however, no blockchain technology has been integrated into the marketplace to make buying and selling as easy as possible.


eBay Inc. is now partnering with OneOf to bring eBay NFTs to market. With your own eBay NFT collection, you don’t just want to reach crypto enthusiasts, but the entire mainstream.


eBay NFTs are designed to go mainstream

OneOfNFT should help with this. With the help of this trading platform , one can easily purchase NFTs with no gas fees using a credit card. It allows creating and launching NFTs for creators unfamiliar with blockchain technology. There are eBay NFTs in different levels (Green, Gold, Platinum, Diamond, OneOf), which reflect the rarity and are available at different prices.


OneOf offers various NFTs including music NFTs and collectibles. Drops like the eBay NFT Drop may come with various benefits (tickets to real-life or online events, signed merch, VIP tickets). OneOf supports various eco-friendly blockchains like Polygon and Tezos to launch sustainable NFT collections.


The eBay NFT Drop is therefore on Polygon. This is a layer 2 blockchain of the vast Ethereum ecosystem. With the help of Polygon one wants to contribute to the scaling of Ethereum and thus enable fast transactions that are almost free.


“OneOf is a green NFT platform built for the music community to connect fans and collectors of all levels with their favorite artists.”


For this reason, the Polygon blockchain and other Layer-2s are excellent for cheap NFT drops aimed at the average Joe. This also includes the new eBay NFT collection . When users purchase these, a link to redeem them will be sent to them. The redemption then takes place outside the eBay platform. One would like to work on blockchain integration in the near future.


The eBay NFT collection is created in collaboration with Sports Illustrated

The eBay NFT Drop comes in four different rarity levels: green with 299 issues per token, gold with 199, platinum with 99 and diamond with 15. The starting price is $10 for the cheapest issue.



The eBay NFT drop maps Wayne Gretsky and his signature moves. An image from frontofficesports.com .

The drop started on May 23rd. All collectibles depict Wayne Gretsky and feature a 3D rendering or animation of his signature moves on the ice. Wayne Gretsky is a famous Canadian ice hockey player and is still considered a legend of the National Hockey League (NHL).


The entire eBay NFT collection will feature 3D and animated interpretations of famous athletes who have graced the covers of Sports Illustrated over the years . This is an American sports magazine that has existed since 1954. It is published weekly and is a subsidiary of Warner Bros. Warner Bros. includes other giants such as Warner Bros. Entertainment, HBO and the comic book publisher DC.

The logo of one of the most famous sports magazines in the world: Sports Illustrated. An image from si.com .

It is still unclear to what extent the eBay NFT Drop will reach the mainstream as intended. However, what is becoming clearer by the day is that we are in the midst of a huge movement of mainstream adoption of NFTs: the future for NFTs remains exciting!


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All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information found on our website is entirely at their own risk.

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Comments

  1. Erma WinterSeptember 6, 2022 at 11:14 PM

    This is a nice post in an interesting line of content. Thanks for sharing this post. a great way of bringing this topic to discussion.

    The introduction of NFTs will create a massive impact on the eCommerce industry. In fact, many prominent eCommerce businesses have started to invest in NFT development to create virtual copies of their products, build strong authenticity verification processes, and better inventory management.
    This blog will help you understand how you can shape your online business to take the best benefit of NFTs The Future Of Ecommerce Industry. Even small and medium-sized businesses will be benefiting from the effective use of NFTs.

    ReplyDelete
  2. Elaina SimonDecember 29, 2022 at 4:28 AM

    This post is jam-packed with valuable advice!

    The adoption of NFTs will have a huge influence on the eCommerce business. Indeed, several significant eCommerce companies are investing in the creation of NFTs in order to make digital copies of their products, establish effective mechanisms for confirming authenticity, and better manage their inventories. Understand how to structure your online business to capitalise on NFTs through our recently published blog: The Impact Of NFT In E-Commerce Industry.

    In the future, we are confident that small and medium-sized businesses will both benefit from the proper utilization of NFTs.

    ReplyDelete

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