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Home Business

eBay allows the sale of NFTs on the platform

by Barış Selman
12 May 2021
in Business, Fintech
Reading Time: 2 mins read
eBay allows the sale of NFTs on the platform
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eBay wants to join the NFT trend. The company has updated the policy to include NFT sales on the platform. In the initial stage, a limited system will be implemented, but they plan to extend it in the future.

eBay includes NFT sales on the platform

In a previous article, we told you in detail what an NFT is and what it is for. And we also showed you some examples of the range of possibilities open to those who want to invest into the NFT market.

eBay allows the sale of NFTs on the platform
eBay allows the sale of NFTs on the platform

And on the other hand, we have already seen that different initiatives and platforms dedicated to the creation and commercialization of NFTs have emerged. However, eBay becomes the first traditional e-commerce platform to bet on NFTs.

eBay will partner with brands, creators, and sellers to make NFT marketing as broad as possible within the platform and take into account all categories. However, at this early stage, this new eBay dynamic with NFTs will be limited:

In the short term, NFT inventory will be provided by trusted sellers who meet our high standards, in categories such as collectible cards, music, entertainment, and art. Expect to see programs, policies, and tools that will allow our audience to buy and sell NFT more easily and confidently, in a broader range of categories.

This will serve as a pilot test to develop a strategy to drive NFT trading on the platform, while also enabling the development of tools to facilitate these types of transactions. And of course, this gives rise to the development of new eBay policies involving all the nuances of NFTs.

Tags: AllowseBayfintechmarketingNFTsplatformsaletechnology

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