eBay Drops First NFT Collection on Polygon

eBay Drops First NFT Collection on Polygon


Key Takeaways

eBay has launched its first-ever NFT collection in partnership with the OneOf NFT marketplace.
The first drop features old, 3D animated Sports Illustrated covers of the former professional hockey player Wayne Gretzky.
The NFTs are hosted on Polygon and available for purchase on eBay’s Web2 platform.

Share this article

eBay has launched its first-ever NFT collection in collaboration with the green NFT marketplace, OneOf.

eBay Releases NFTs on Polygon

After Meta, Twitter, Adidas, Visa, and a host of other multinational companies, eBay is getting into NFTs.

The global e-commerce giant announced in a Monday press release that it had launched its first NFT collection via a strategic partnership with the multi-chain NFT marketplace OneOf. The collection, dubbed “Genesis,” will feature animated 3D renditions of iconic athletes featured in one of the U.S.’s most popular sports magazines, Sports Illustrated.

okex

The first drop of the NFT collection is already available for purchase on eBay. It features animated Sports Illustrated covers of the former record-breaking Canadian ice hockey player Wayne Gretzky. “Forty years ago, I was grateful to be on the cover of Sports Illustrated, it was a monumental moment in my life,” Gretzky said in the press release, adding that he was “honored” to be featured in the collection. eBay’s first drop includes 13 limited edition NFT packs in a four-tiered system with different rarities, including green, gold, platinum, and diamond tiers, with prices starting from $10. 

Unlike most other NFTs, which are typically sold in exchange for other cryptocurrencies—usually Ethereum—the Genesis NFTs auctioned off on eBay are sold for U.S. dollars. Furthermore, the sales are not conducted on-chain but rather on eBay’s Web2 platform, and the assets will be delivered to their respective buyers via a redemption link sent through chat and email.

Commenting on the company’s first NFT drop, eBay’s vice president of collectibles, electronics, and home, Dawn Block, said: 

“NFTs and blockchain technology are revolutionizing the collectibles space, and are increasingly viewed as an investment opportunity for enthusiasts. Through our partnership with OneOf, eBay is now making coveted NFTs more accessible to a new generation of collectors everywhere. This builds upon our commitment to deliver high passion, high-value items to the eBay community of buyers and sellers.”

According to eBay’s collection description, the NFTs will be hosted on the Ethereum scaling solution Polygon and available for reselling on the OneOf marketplace. Eight of the 15 diamond-tiered NFTs had been sold at press time.

Disclosure: At the time of writing, the author of this piece owned ETH and several other cryptocurrencies.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest