NFTs land on eBay and it's revolution

NFTs land on eBay and it's revolution - ebay 1NFTs are everywhere lately. Iconic tweets, digital art, and even memes are turned into NFTs and sold for any price, from a few to millions of dollars each. More and more markets are taking shape and getting ready to sell NFTs, as a result, the industry is taking off in a big way.

Now eBay, the popular site that offers just about anything at auction, has announced that NFT sales will soon be available to its customers. This makes eBay the first ecommerce site to offer NFTs on their platform and also marks a potential point of public interest on NFTs.

Buying NFTs on eBay

According to recent reports on the subject, initially only certain categories of NFTs will be available for sale on eBay. While an NFT can be created for virtually anything, only NFTs that are part of industries such as music, stickers, entertainment and so on will be made available for sale on the online auction site. Furthermore, only the most reputable sellers will be able to sell NFTs.

Given the problems the NFT industry has encountered, such as the illegal sale of artwork in the form of NFTs, without the consent of the artists, having mechanisms to ensure quality control is critical as eBay explores this. new business. The reports also state that as more information and feedback is collected from eBay users, more categories will be added.

There will also be the option to buy and sell “blockchain-based collectibles” on the online site, although no further information has yet been provided.

Not only NFT, but also cryptocurrency payments

Earlier this month, eBay CEO Jamie Iannone hinted that the company was looking to enable NFT purchases on eBay, which is popular just as a hub for collectibles.

eBay has millions of users worldwide, and selling NFTs will give the industry the visibility and credibility it needs. For users, it also means easier access to NFTs, which is necessary for the emergence of the industry.

There has also been speculation that eBay may authorize cryptocurrency payments on the platform. A topic that Iannone himself addressed this month.

“We always try to invest in relevant forms of payment and we will continue to evaluate others in the future. We have no immediate plans, but (cryptocurrency) is something we are keeping an eye on, ”he said in a recent interview.

Thanks to this good news, we can hope to see NFTs appear on eBay's rival sites and even more money will flow into the industry.

What do you think of the fact that NFTs can arrive on a site as large as eBay? And if cryptocurrency payments were also enabled, which ones would you like to be able to use? Let us know in the comments section below!