Despite a substantial nosedive in the average value and interest in digital art, Amazon.com Inc (NASDAQ:AMZN) is set to launch its own NFT marketplace in April, various sources have reported.
The news was first reported by Web3 newsletter The Big Whale, which said it will be online on April 24 and will have 15 NFT collections available on launch for US-based customers, before expanding worldwide “according to our information”.
NFTs will be able to purchase through Amazon accounts via debit or credit cards, meaning those without crypto wallets and general knowledge of the cryptocurrency sector will be able to engage with the marketplace.
According to reports, the NFTs could be linked to physical goods delivered to customers’ doorsteps, such as clothing
Nike (NYSE:NKE) has a similar NFT project in collaboration with Web3 group RTFKT Studios.
Though not confirmed, the news is in line with Amazon’s push to embrace NFTs and blockchain technology.
In January, Amazon Web Services partnered with Ava Labs to bring blockchain technology to enterprises, institutions, and governments.
Proactive has reached out to Amazon for confirmation and further details on its NFT plans.