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Did Amazon Leak Its NFT Plans On Accident?

Amazon is poised to implement its NFT ambitions, according to an e-mail from an official Amazon account confirming the existence of an NFT marketplace on the e-commerce site.

Gezim Osmani by Gezim Osmani
28 March 2023
in Cryptocurrency
Reading Time: 2 mins read
0
Amazon’s Initiatives Shook the Market

According to CoinDesk, the internet titan is poised to implement its NFT ambitions, with an e-mail from an official Amazon e-mail account confirming the existence of an NFT marketplace on the e-commerce site.

Amazon‘s NFT ambitions were confirmed when an e-mail was sent to Nikhilesh De, CoinDesk’s editor-in-chief of global policy and regulation. It was a transaction confirmation following the automated renewal of Amazon Prime subscription. He claimed that he did not purchase any NFT from Amazon and that, while he did not have any knowledge regarding the platform’s NFT integration, he did receive a notification e-mail in this regard.

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Amazon’s Initiatives Shook the Market

He went on to say that while the e-mail he received said that an NFT had been put in a gallery maintained on Amazon‘s official website, the links in the e-mail were not yet operational. The communication purports to discuss selling potential, but it also adds that NFT will not be available for sale until it has been unlocked. Also, the obligation to register as an affiliate prior to placing NFT for sale is noteworthy.

Did Amazon Leak Its NFT Plans On Accident?

For weeks, there have been speculations that Amazon intends to create its own NFT marketplace, but no official comment has been issued by the internet giant. The initial suggestion that Amazon will build its own NFT marketplace was made in January by the crypto news site Blockworks. At the time, Amazon indicated that it would concentrate on Blockchain-based gaming and associated NFT applications. Blockworks pushed their claim a step further at the beginning of the month, announcing that Amazon will launch its NFT platform on April 24 under the title “Amazon Digital Marketplace.”

Amazon‘s cloud computing platform, Amazon Web Services (AWS), said in January that it would collaborate with Ava Labs to broaden the breadth of business blockchain partnerships, although the release made no mention of NFTs or a digital marketplace.

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Gezim Osmani

Gezim Osmani

Senior Journalist, Content editor Hi there! My name is Gezim, and I'm a Senior Journalist covering crypto and fintech. I have a passion for technology and finance, and I've spent years following the latest trends in the industry. My goal is to make complex financial concepts accessible to my readers. I strive to provide insightful analysis and explain the latest developments in the world of crypto and fintech in a way that is easy to understand. I believe that knowledge is power, and I want to empower my readers to make informed decisions about their finances. In addition to my professional pursuits, I also love to take photos. I find that photography allows me to capture moments and emotions in a way that words cannot. Whether I'm traveling to a new city or exploring the great outdoors, I always have my camera with me. Photography is a way for me to express my creativity and connect with the world around me. When I'm not working or taking photos, I also enjoy hiking and spending time in nature. There's something about being outside and surrounded by natural beauty that brings me peace and clarity. I also love to read, and I'm always seeking out new books and articles to expand my knowledge. Overall, I'm driven by a desire to help people understand the complex world of finance and technology. Through my writing, photography, and other pursuits, I'm committed to creating content that inspires and informs my readers. I believe that everyone has the potential to achieve financial success, and I'm here to help them along the way. I would love to connect and see how we can work together to shape the future of crypto anf fintech. Let's connect and see where our shared interests and expertise can take us!

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