eBay Inc (NASDAQ:EBAY) said that it will now allow people to sell non-fungible tokens (NFTs) on its online shopping platform, becoming the first e-commerce firm to do so.
On Tuesday, a Reuters report said the company will allow NFTs to be sold for digital collectables such as trading cards, video clips and images, with an NFT inventory to be provided to sellers who meet eBay standards while users will be able to see programs, policies and tools that will allow them to buy and sell NFTs.
READ: eBay and Adevinta to advance classifieds deal as Shpock, Gumtree and Motors.co.uk are put up for sale
NFTs have exploded in popularity in recent months, with some selling for eye-watering amounts running into millions of dollars. NFTs provide buyers with a digital certification denoting their ownership of the asset and have been created for multiple digital works ranging from tweets to internet memes and online artwork.
eBay’s acceptance of NFTs on its platform is also likely to increase speculation that the platform will also begin accepting cryptocurrency as a payment method, having said last week that it is open to the idea.
Story by ProactiveInvestors
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.