After hinting at its interest in cryptocurrencies and NFTs recently, eBay has now announced that you can buy NFTs on its platform.
eBay has always been the best place to go to buy and sell collectibles, and this is extending to digital high-end collectibles as well – NFTs.
Related | EBay May Soon Start Accepting Cryptocurrencies As Form Of Payment
Earlier this month, we wrote that the company was examining the possibility of bringing NFTs (non-fungible tokens) to its platform.
Now, according to a recent announcement by Jordan Sweetnam, eBay’s Senior VP and General Manager in the Americas, the company is expanding into NFTs:
“eBay has always been the world’s destination for buying and selling the most unique and hard-to-find items – and we’ll continue to be the destination for collectors of all kinds, physical or digital” he explains.
“This opportunity unlocks new assets for collecting, new ways for people to fuel their passion, and expands eBay’s appeal to a new generation of collectors.”
The company believes that NFTs offer more access to more and different types of collectors and creators, just like how “digital publishing brought more exposure for writers, digital collectibles bring greater opportunity for artists and creators.”
As such, eBay’s policy now includes the sale of NFTs, however, only trusted sellers who meet the criteria will be able to sell the digital assets. The initial rollout of this functionality will help the company find out more about what its community wants, and in the future, will launch programs, policies, and tools that make buying and selling NFTs easier – across more categories.
In the next few months, eBay says it will “add new capabilities that bring blockchain-driven collectibles” to its platform
You might also like
More from Tech
Check Out The 21 New Emojis Coming With iOS 16.4
With iOS 16.4 beta version, iPhone, iPad, and Mac users can discover the 21 new Emojis, including the long-awaited pink …
Apple Could Soon Allow Third-Party App Stores On The iPhone
Upcoming EU rules could mean Apple will have to allow third-party app stores on the iPhone starting in 2024.The news …
Apple Enhances Security with End-to-End Encryption for iCloud Backups
Apple is expanding its iCloud security features and introducing support for security keys for two-factor authentication.TL;DR; – Apple has announced …
Google Japan Unveils An Insane 5-Foot Long Keyboard
The “Key Bou” is an insane 5-foot straight bar keyboard designed by Google to promote its virtual GBoard, available on …
Govee Rolls Out A New 16-foot Premium Smart LED Strip
Govee’s new multicolor smart LED strip is 16 feet long (5 meters) and has a built-in mic for syncing to …
Kim Kardashian And Beats Introduce Special Edition Fit Pro Earbuds
Kim Kardashian's special edition Beats Fit Pro are now available at Apple stores.The earbuds come in three neutral colors, Moon, …
Lyft Wants To Cash In On In-Car Digital Ads
Lyft announced the launch of Lyft Media, a new digital advertising business unit with the potential to add billions to …
Amazon Alexa Mimics The Voices Of Your Dead Relatives
Amazon is testing an experimental Alexa feature that allows it to mimic the voices of your dead relatives. Read that …
Adobe Announces Express Content Scheduler
Adobe has announced Adobe Express Content Scheduler, a new tool to help social media managers make, plan, preview, and publish …