Amazon starts in web3 space
Amazon is launching its own NFT marketplace.
It makes a lot of sense for this retail giant to do just that. They are ecommerce giant that specialize in selling all kinds of physical and digital items. Adding NFTs to their portfolio is a logical and great move.
Unfortunately, Amazon hasn’t officially confirmed any data, but there are rumors that they will launch their own marketplace at the end of April.
The NFT marketplace will be focused on game projects and there should be already 15 projects that will be traded on Amazon’s platform from day one.
This is more or less confirmed by rumors about contacts between Amazon and leading gaming projects in the web3 space.
It also seems that amazon will start their NFT platform in the USA with the aim to expand it to other countries later on.
NFT marketplace should be available for their prime customers. It is not known if it will be extended to all other customers later too.
Introducing NFTs on their platform could be a huge push for the entire web3 space towerds mass adaptation. Amazon has more than 170 million Prime customers in the US alone. This is a huge market that will be open for NFTs once Amazon starts with their platform.
Amazons strategy will influence existing players like opensea and blur and it could even become game changer of the web3 space.