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eBay Drops First NFT Assortment on Polygon

Key Takeaways

  • eBay has launched its first-ever NFT sequence in partnership with the OneOf NFT market.
  • The first descend functions feeble, 3D spirited Sports Illustrated covers of the vulnerable first fee hockey participant Wayne Gretzky.
  • The NFTs are hosted on Polygon and available for have interaction on eBay’s Web2 platform.

eBay has launched its first-ever NFT sequence in collaboration with the inexperienced NFT market, OneOf.

eBay Releases NFTs on Polygon

After Meta, Twitter, Adidas, Visa, and a bunch of alternative multinational corporations, eBay is coming into NFTs.

The realm e-commerce huge announced in a Monday press release that it had launched its first NFT sequence by a strategic partnership with the multi-chain NFT market OneOf. The sequence, dubbed “Genesis,” will feature spirited 3D renditions of iconic athletes featured in a single in every of the U.S.’s most neatly-appreciated sports magazines, Sports Illustrated.

The first descend of the NFT sequence is already available for have interaction on eBay. It functions spirited Sports Illustrated covers of the vulnerable memoir-breaking Canadian ice hockey participant Wayne Gretzky. “Forty years ago, I was grateful to be on the quilt of Sports Illustrated, it used to be a monumental moment in my life,” Gretzky acknowledged in the clicking release, adding that he used to be “honored” to be featured in the sequence. eBay’s first descend entails 13 tiny edition NFT packs in a four-tiered procedure with varied rarities, including inexperienced, gold, platinum, and diamond tiers, with prices ranging from $10. 

No longer like most other NFTs, that are in total sold in trade for other cryptocurrencies—on the total Ethereum—the Genesis NFTs auctioned off on eBay are sold for U.S. bucks. Furthermore, the sales are no longer performed on-chain but pretty on eBay’s Web2 platform, and the resources will doubtless be delivered to their respective investors by a redemption hyperlink despatched by chat and e-mail.

Commenting on the firm’s first NFT descend, eBay’s vice chairman of collectibles, electronics, and residential, Dawn Block, acknowledged: 

“NFTs and blockchain technology are revolutionizing the collectibles field, and are extra and extra considered as an investment opportunity for followers. By our partnership with OneOf, eBay is now making coveted NFTs extra accessible to a recent period of collectors everywhere. This builds upon our dedication to allege high passion, high-fee items to the eBay neighborhood of investors and sellers.”

Constant with eBay’s sequence description, the NFTs will doubtless be hosted on the Ethereum scaling solution Polygon and available for reselling on the OneOf market. Eight of the 15 diamond-tiered NFTs had been sold at press time.

Disclosure: At the time of writing, the creator of this piece owned ETH and a total lot of alternative cryptocurrencies.

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