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The e-commerce giant, Amazon, is reportedly launching its own NFT platform as early as next month<\/em>.<\/strong><\/p>\n According to reports, Amazon is launching its own NFT marketplace on April 24th. Apparently, the new platform \u201cAmazon Digital Marketplace\u201d will launch with 15 NFT collections. Moreover, Amazon plans to leverage NFTs as rewards for its customers, and tie the NFTs to real world assets<\/a> \u2013 delivered to your doorstep.\u00a0<\/p>\n At present, it is not clear which blockchain Amazon will partner with. Initially, Amazon will launch the marketplace to U.S. customers first, before gradually rolling out to other countries.\u00a0<\/p>\n Amazon CEO Andy Jassy clearly recognizes the potential of NFTs. Previously, Jassy made strong suggestions that Amazon was fully on board with crypto and NFTs. Jassy said: \u201cI expect that NFTs will continue to grow very significantly. We\u2019re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you\u2019ll see crypto become bigger and \u2013 it\u2019s possible that Amazon ingrates crypto payments.\u201d<\/p>\n Amazon is already funding NFT platforms like Superplastic<\/a>, which secured $20 Million in a series A funding round led by Amazon last month. Hence, Amazon\u2019s plans to utilize Web3 technology are starting to take shape.<\/p>\n Customers will be able to purchase NFTs from the Amazon Digital Marketplace using a credit card<\/a>. Further down the line, it is likely that we will see crypto payments integrated.<\/p>\nAmazon CEO Bullish on NFTs<\/h2>\n
Sleeping giant<\/strong><\/h2>\n