This is the first company's venture into digital collectibles.
On May 23, the American multinational e-commerce company eBay announced that it would launch its first series of non-fungible tokens, a hockey-themed drop in partnership with a green Web3-based company OneOf.
The NFTs can be purchased through the same payment methods that eBay offered until now. As for the prices, they vary from $10 to $1,500 for a non-fungible token.
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The first eBay’s NFT collection will include 3D and animated representations of the famous athletes that were featured on Sports Illustrated magazine covers. As of now, users will have the opportunity to purchase tokenized collectives that will feature the NHL legend Wayne Gretzky. The Canadian hockey player Gretzky commented on such a decision and stated:
"Forty years ago, I was grateful to be on the cover of Sports Illustrated, it was a monumental moment in my life. I'm honored to bring this collectible experience to my hockey fans who have followed my career for decades."
The Vice President of Collectibles, Electronics, and Home at eBay Dawn Block stated that the blockchain technology and non-fungible tokens are seen as an investment possibility for collectors which is reshaping the collectibles market. The VP hopes that such collaboration between the two firms will make the NFTs more accessible to every collector across the globe.
"This builds upon our commitment to deliver high passion, high-value items to the eBay community of buyers and sellers," Block added.
“Through our partnership with OneOf, eBay is now making coveted NFTs more accessible to a new generation of collectors everywhere,” said Dawn Block, the vice president of collectibles, electronics, and home at eBay, in a statement. “This builds upon our commitment to deliver high-passion, high-value items to the eBay community of buyers and sellers.”
The NFTs were minted on ETH-based multi-level platform Polygon and are available for secondary trading on OneOf.
The collection includes thirteen limited-edition digital collectibles as they come in four different tiers. For instance, it consists of 299 editions in the green tier, 199 of gold, 199 of platinum, and 15 of diamond per token.
On top of that, the limited edition diamond, platinum, and gold tiers costing $1,500, $100, and $25, respectively, have already sold out.
eBay initiated its first NFT drop by partnering with the non-fungible platform called OneOf which assists in developing energy-efficient blockchains to provide creator-and-fan-friendly and sustainable experiences. "You don't have to be a crypto expert to buy, sell, and collect NFTs. OneOf and eBay are bringing transformative Web3 technology to the next 100M non-crypto-native mass consumers," the CEO of OneOf Lin Dai commented.
Earlier this year, the e-commerce giant eBay announced its plans to explore various payment methods with crypto and integrate digital assets to purchase and sell products on the platform.
