E-commerce giant eBay dives into NFT drops first collection to be traded on OneOf 

By: Micheal Wilson

E-commerce giant eBay dives into NFT drops first collection to be traded on OneOf 

May 24, 2022 12:38 PM

On monday, E-commerce giant eBay officially launched its maiden nonfungible token( NFT) drop with a series of tokenized collectibles highlighting National Hockey League( NHL) legend Wayne Gretsky that is live now on its marketplace.

 

The NFT collection depicts animated versions of Gretsky was largely influenced by Sports Illustrated magazine covers. The collection comes in four different categories of rarity involving green at 299 editions each, gold at 199, platinum at 99 and diamond at 15.

 
 
The collection is listed for sale on eBay’s marketplace at the moment. though, the limited- edition diamond, platinum and gold categories worth$1,500, $100 and $25, respectively, have all been sold out.

 

According to the notice from the E-commerce giant eBay, the NFT collection was developed in cooperation with environmentally focused and multi-chain NFT platform OneOf, to provide sustainable NFT collections.


 
NFT listings was primarily enabled on eBay around mid-2021 but hasn’t incorporated blockchain tech yet to back the sales on its marketplace. In terms of this official drop, users are sent a redemption link via in-platform messaging or mail to receive their NFT outside of the platform.

 

Choosing a Blockchain for eBay NFTs
eBay choose to mint its NFTs on Ethereum scaling platform polygon and can be traded on OneOf which supports multiple energy efficient blockchains, identified by the E-commerce giant secondary market choice to trade its NFTs.

 
 
However, the Secondary trade for the NFTs on OneOf has been very low so far, though, with only three users listing platinum tiered tokens at a bottom price of $199, while one user has listed a gold class NFT for $69.

 

Reflecting on the drop, eBay’s vice president of collectibles, electronics and home Dawn Block said that NFT tech is “ revolutionizing the collectibles space ” and emphasized that the company is looking to bring NFTs to mainstream collectors across the globe

 
 
“ Through our cooperation with OneOf, eBay is now making coveted NFTs further accessible to a new generation of collectors all over. This builds upon our commitment to deliver high passion, high- value items to the eBay community of buyers and sellers. ”

 
 
OneOf CEO Lin Dai echoed analogous sentiments, noting that the pair is looking to make NFTs accessible to people that aren’t well clued in crypto.

 

“ 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 coming 100M non-crypto-native mass consumers. ”