Key Takeaways
eBay has launched its first-ever NFT assortment in partnership with the OneOf NFT market.
The first drop options outdated, 3D animated Sports Illustrated covers of the previous skilled hockey participant Wayne Gretzky.
The NFTs are hosted on Polygon and obtainable for buy on eBay’s Web2 platform.
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eBay has launched its first-ever NFT assortment in collaboration with the inexperienced NFT market, OneOf.
eBay Releases NFTs on Polygon
After Meta, Twitter, Adidas, Visa, and a number of different multinational firms, eBay is moving into NFTs.
The international e-commerce large introduced in a Monday press launch that it had launched its first NFT assortment by way of a strategic partnership with the multi-chain NFT market OneOf. The assortment, dubbed “Genesis,” will function animated 3D renditions of iconic athletes featured in one of many U.S.’s hottest sports activities magazines, Sports Illustrated.
The first drop of the NFT assortment is already obtainable for buy on eBay. It options animated Sports Illustrated covers of the previous record-breaking Canadian ice hockey participant 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 stated within the press launch, including that he was “honored” to be featured within the assortment. eBay’s first drop contains 13 restricted version NFT packs in a four-tiered system with completely different rarities, together with inexperienced, gold, platinum, and diamond tiers, with costs ranging from $10.
Unlike most different NFTs, that are usually offered in change for different cryptocurrencies—often Ethereum—the Genesis NFTs auctioned off on eBay are offered for U.S. {dollars}. Furthermore, the gross sales usually are not performed on-chain however relatively on eBay’s Web2 platform, and the belongings will probably be delivered to their respective consumers by way of a redemption hyperlink despatched by chat and e-mail.
Commenting on the corporate’s first NFT drop, eBay’s vp of collectibles, electronics, and residential, Dawn Block, stated:
“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 assortment description, the NFTs will probably be hosted on the Ethereum scaling resolution Polygon and obtainable for reselling on the OneOf market. Eight of the 15 diamond-tiered NFTs had been offered at press time.
Disclosure: At the time of writing, the writer of this piece owned ETH and a number of other different cryptocurrencies.
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