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Home NFT

eBay Releases NFT Collection for Non-Crypto Buyers

Alexa by Alexa
June 9, 2022
in NFT
Reading Time: 2 mins read
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eBay Releases NFT Collection for Non-Crypto Buyers
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eBay has now revealed its first Non-Fungible Token (NFT) collection, featuring legendary NHL player Wayne Gretzky in a series of digital collectibles. The new eBay NFT marketplace is now available on the marketplace. However, the company’s limited edition diamond, plat, and gold tiers are each valued at $1,500, $100 and $25 in a particular order.

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A New Place for Digital Collectors

In the summer of 2021, eBay was one of the first big e-commerce sites to start offering NFTs, but it has yet to integrate blockchain technology into its marketplace. Users will be able to retrieve their NFT outside of the platform by entering a code that is provided through an in-platform message or email as part of this official penalty.

To combat the rise of cryptocurrency mining, eBay has announced the creation of a “sustainable NFT collection.” According to the announcement, the collection was developed in conjunction with OneOf, an environmentally-focused NFT platform that enables multiple “energy-efficient blockchains” to cultivate sustainable NFT collections.

The NFTs were created on the Polygon platform and are currently available for sale on OneOf.

However, secondary trading of the NFTs on OneOf has been limited thus far, with just three people selling platinum tokens for at least $199 and one individual selling a gold-tier NFT for $69.

A Revolution for Item Auction?

eBay’s vice president of collectibles, electronics, and home Dawn Block said NFT technology is “changing the world of collectibles” and is working to bring NFTs to collectors worldwide.

OneOf CEO Lin Dai added that the companies attempt to make NFTs available to those unfamiliar with cryptocurrency.

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