Executives at Blur, OpenSea, Orange Comet and Magic Eden are generally bullish amid speculation Amazon is getting into selling NFTs.
have outlined how the company’s NFT platform could work, where it might initially be available, and what type of digital assets it might offer.Amazon, however, has not officially confirmed the speculation. The company also declined to comment when asked aboutFor many NFT industry leaders, it’s only a matter of time before Amazon — a commercial behemoth where consumers can buy practically anything — formally begins dealing in NFTs.
"We’re excited about the momentum with leaders like Amazon, and look forward to seeing what use cases they focus on, “ he said. “More experimentation to learn what works and can scale, is beneficial to all of us." buying and selling digital artifacts they can use when playing their favorite titles could be worth several billions of dollars each year given the size of the video game market.
said Magic Eden’s Chief Gaming Officer Chris Akhavan. Magic Eden is an NFT marketplace that currently plays a key role in web3 gaming, helping to facilitate the trading of in-game NFTs.Use cases aside, Amazon’s biggest contribution might end up being the lending of credibility to an area dominated by first-time CEOs running fledgling companies, some of which, like FTX, have failed spectacularly and thus tarnished blockchain's reputation.
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