On Monday, eBay announced the launch of its first collection of non-fungible tokens, created in partnership with hockey legend Wayne Gretzky.
The San Jose, California-based company partnered with OneOf, a “green” NFT platform, to develop the collection.
Thirteen original works of art will be dedicated to one of hockey’s best players. Each piece might cost up to $1,500.
Non-fungible tokens, according to eBay’s Dawn Block, are upending the collectibles sector.
eBay was founded in the late 1990s, during the height of the dot-com boom. Although it lags Amazon by a substantial margin, it is the second most popular e-commerce site in the United States.
Amazon was said to be moving to cryptocurrency in late 2021, but the company flatly denied any plans.
eBay CEO Jamie Iannone indicated last year that the company was looking into bitcoin payments.
eBay said in May that it will allow NFT sales, according to U.Today. The whole sector was thriving at the time due to increased interest.
The tremendous pessimism in the bitcoin market has not spared NFTs.
According to Google Trends’ most current data, search traffic for the term “NFT” has decreased since its peak, showing waning interest in the business.
It’ll be interesting to see whether eBay’s new collection generates enough interest to show that NFTs aren’t just a fad.